NEW CITY—After about five months serving on the Clarkstown Town Council, Realtor Valerie Moldow resigned on Monday evening (May 2), citing “unforeseen personal and family matters.” Moldow, an Associate Broker with Keller Williams Hudson Valley Realty of New City, was appointed to the post in January to fill the position vacated by newly elected Town…
Read MoreThe proposed budget for the city of Yonkers includes a 100% increase in the real estate transfer tax. The tax would be increased to 3% from the current 1.5%. This would be devastating for home values in Yonkers as well as to residents needing to sell their homes. In the case of a $500,000 home…
Read MoreRYE—Berkshire Hathaway HomeServices New England and Westchester Properties announced recently the opening of its Rye Office at 22 Purchase St. in the heart of downtown Rye. The latest opening gives the company a total of 53 offices and nearly 1,800 agents. Heading the office is Harrison resident, Margaret Grasso. “Our Rye outpost provides us with…
Read MoreWASHINGTON—Bolstered by large gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, the National Association of Realtors reports. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1% to a seasonally adjusted annual rate of 5.33 million…
Read MoreIt’s that time of year again…Spring! Traditionally, it is this time of year when sellers revisit their future plans and seriously consider putting their homes on the market. Similarly, buyers, rejuvenated by the warmer weather, crave a new start and itch to move. Having had a very mild winter with only a few snowstorms to…
Read MoreWHITE PLAINS—Once again, the annual Fair and Affordable Housing Expo attracted hundreds of individuals and families from Westchester and the surrounding area looking to purchase or rent a home in the county. More than 700 individuals attended the 2016 Fair and Affordable Housing Expo on March 12. The free event held at the Westchester County…
Read MoreRYE—Recently, the Pace University Law School bestowed its Distinguished Service Award to Chris Carnicelli, CEO of Generali in the United States. Carnicelli is a 1993 graduate of Pace Law School and is the son of James and Evelyn Carnicelli, owners of HGAR affiliate Carnell Engineering of Valhalla. Early in his career, Chris Carnicelli worked at…
Read MoreWHITE PLAINS—The long awaited move of the Hudson Gateway Association of Realtors from its offices at the soon to be demolished Westchester Pavilion mall to offices down the street at the Source at White Plains complex was completed earlier this month. Boxes were packed and movers and staff completed the office move on Friday, April…
Read MoreWHITE PLAINS—The Hudson Valley home sales market in the first quarter continued its upward trajectory, with increased sales throughout the four county region. However, the market has yet to truly become a seller’s market since sale prices were flat or even decreased in the four county HGAR region. A majority of all housing categories (single…
Read MoreWestchester, Putnam, Rockland and Orange Counties, New York Editor’s Note: The following is the full text version of the 2016 First Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland and Orange Counties, New York released today by the Hudson Gateway Multiple Listing Service, Inc. WHITE PLAINS - Realtors operating in the four-county lower…
Read MoreEASTCHESTER– The Westchester Real Estate, Inc. group, a trade organization of independently owned real estate firms in Westchester and Putnam counties, recently welcomed its newest member, Gateway Realty Corp. of NY. Gateway Realty, based in Mamaroneck, was founded by Principal Broker and lifelong Westchester resident Chirag Shah who grew up in a family business—his parents…
Read MoreIt is ironic, but Andreea Waters’ last name aptly reflects her passion—photographing surfers in the waters of the Atlantic Ocean right here in New York. The professional playground for the Irvington Julia B. Fee Sotheby’s agent is actually Rockaway Beach in Queens—not your typical venue for a “surfing safari.” While surfing normally conjures up…
Read MoreNEW ROCHELLE—As hinted previously by New Rochelle Mayor Noam Bramson, RXR Realty is set to propose in coming weeks a 28-story residential tower on Main Street here as part of the downtown district’s revitalization initiative. The project at 587 Main St. will also serve as the litmus test for the city’s recently enacted zoning changes…
Read MoreWHITE PLAINS— The Women’s Council of Realtors Empire Westchester Business Resource Network and Allan M. Block Insurance Agency, Inc. hosted a seminar entitled “Insurance Essentials: Your Questions Answered” on March 7th at the Knollwood Country Club. The seminar was a presentation of The Travelers Institute, the public policy division of The Travelers Companies, Inc. Joan…
Read MoreWHITE PLAINS—The Westchester County Industrial Development Agency on March 10 approved incentives for two rental apartment projects in Ossining and White Plains with a total private investment of $57.6 million. The two developments will create approximately 430 construction and permanent jobs. “We are pleased to provide incentives through the IDA for these two projects, one…
Read MoreDANBURY, CT—Coldwell Banker Residential Brokerage in Connecticut and Westchester County announced recently that Charles “Chuck” Cusson has been appointed vice president of operations and will report to Coldwell Banker Residential Brokerage President Joseph Valvano, Cusson will oversee the operational aspects of several key departments within the company, including the relocation, education, marketing and administrative support…
Read MoreCarol Christiansen, broker/owner of Café Realty in Katonah, was recently named as one of NYSAR’s Community Service Award winners for bringing the subject of drug addiction to the forefront of the local community. Christiansen, along with her late husband Lou and Susan and Steve Salomone founded “Drug Crisis in Our Backyard,” a program to promote…
Read MoreWASHINGTON— Existing-home sales crept forward in January to the highest annual rate in six months, and subpar supply levels propelled price growth to the fastest increase since last April, according to the National Association of Realtors. The West was the only region to see a decline in sales in January. The Northeast enjoyed nearly a…
Read MoreTARRYTOWN—The multi-family construction boom, which has been going on in earnest in many U.S. gateway cities, such as New York City, Boston, Washington, DC, and San Francisco to name a few, is finally hitting the suburbs and major cities in Westchester County are now beginning to take advantage of the investment community’s attraction to rental…
Read MoreNANUET—Better Homes and Gardens Rand Realty announced on Jan. 27 that its home office has moved from 10 Schriever Lane in New City to 95 South Middletown Road in Nanuet. “Our new headquarters brings together all of our real estate support teams, along with our affiliated mortgage, title, and insurance processing teams from Hudson United,”…
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