NEW YORK CITY—The Regional Plan Association in its fourth regional plan says some residents of the New York City metro region are not enjoying the benefits of the robust NYC economy due in large part to the lack of investment in the area’s infrastructure, housing and quality of life. In its 373-page report released on…
Read MoreNEW YORK—Residential brokerage firm Douglas Elliman announced on Dec. 4 it had promoted its chief operating officer, Scott Durkin to president and chief operating officer effective immediately. Durkin, a 30-year real estate veteran and protégée of Barbara Corcoran, joined Douglas Elliman in 2015 as executive vice president of acquisitions and growth. He was promoted to…
Read MoreToys for Tots boxes at the Central Valley office of Better Homes and Gardens Rand Realty are overflowing with support from the brokerage firm’s "Pictures with Santa" fundraiser. Rand officials expressed their gratitude to the local community for its support and offered a “special thank you” to Marines, Lance Corporals Kiley and Kitely, who recently…
Read MoreNEW CITY—Republican Rockland County Executive Ed Day, who recently easily won re-election to a second term of office, says that New York taxpayers are being “sandbagged” by the federal tax reform proposal now being debated by Congress. In an exclusive interview with Real Estate In-Depth at his offices in New City, County Executive Day was…
Read MoreTARRYTOWN—The Hudson Gateway Realtor Foundation, a division of the Hudson Gateway Association of Realtors, recently presented a $28,000 donation check to Make-A-Wish Hudson Valley at the Wish House in Tarrytown. The monies were raised at the foundation’s “Black & White Masquerade Ball” held in September at the Falkirk Estate and Country Club in Central Valley.…
Read MoreWASHINGTON—As expected, the U.S. House of Representatives approved the controversial Republican tax reform plan—“Tax Cuts and Jobs Act”—on Thursday by a 227-205 margin. The battle over tax reform now switches to the U.S. Senate where the GOP holds a razor thin two-seat majority over Democrats, who have all lined up against the House and Senate…
Read MoreMORRIS PLAINS—The Weichert Family of Companies announced on Nov. 6 the establishment of its wholly owned property management company, Weichert Property Management. With the launch of Weichert Property Management, led by David Hardy as president, Weichert’s mission is to deliver a level of service and trust that constitutes the power of excellence. The company offers…
Read MoreNYACK—Ellis Sotheby’s International Realty and Edward Hopper House raised $26,300 during a recent event to benefit the Edward Hopper House’s interdisciplinary Arts Education Program, which engages more than 500 local public school students in grades K-12. The Oct. 14 benefit, now in its second year, drew approximately 140 attendees and surpassed the previous year in…
Read MoreSCARSDALE—Scarsdale Area Realtors recently gathered at the Sunningdale Country Club in Scarsdale for the inaugural RealHelp fundraising breakfast to support worthy local causes. The goal of the breakfasts is to make a difference in the communities where agents live and work. The Scarsdale Public Library was chosen to be the charitable recipient this year. The…
Read MoreSCARSDALE—The Keller Williams Realty Group Market Center of Scarsdale recently hosted its annual Masquerade Ball, which raised more than $12,000 for the Tuckahoe Senior Citizens and natural disaster victims. “We believe in supporting the community where we live and work,” said Jamal Hadi, operating principal of Keller Williams Realty Group. “It’s our way of saying…
Read MoreSOMERS—RE/MAX Classic Realty has made a difference to local children by becoming a Miracle Office, the company reported. Through the Miracle Home and Miracle Property programs, RE/MAX Associates can make a donation to Children’s Miracle Network Hospitals after each residential and commercial transaction. All donations benefit Maria Fareri Children’s Hospital at Westchester Medical Center. “The…
Read MorePURCHASE—More than 100 walkers and enthusiastic members of the Houlihan Lawrence family raised $106,000 on Oct. 15 as part of the 24th annual American Cancer Society Making Strides Against Breast Cancer Walk at Manhattanville College. All 18 of the Houlihan Lawrence offices in Westchester participated in the fundraising walk to increase awareness about breast cancer…
Read MoreNYACK—Better Homes and Gardens Rand Realty, Rand Commercial, and Joseph Rand were among the honorees at the Rockland County Pride Center’s Pride Ball on Oct. 14 at a gala event held at the Nyack Bath House in Nyack. “I’m humbled to have our companies recognized by an organization that has provided LGBTQ residents with an…
Read MoreCHICAGO—Stubbornly low inventory conditions in a large swath of the country are behind the below-average share of first-time buyers in recent years, but there is gaining evidence of an increase in homebuilding may be around the corner. So says NAR’s Jessica Lautz, managing director of survey research and communications at the National Association of Realtors,…
Read MoreDANBURY, CT—NRT New England, LLC, announced on Nov. 2nd that it has acquired the assets of Goodfellow Real Estate, a full-service commercial real estate brokerage company based in Danbury, CT. NRT New England, LLC operates under the brand names of Coldwell Banker Commercial NRT and Coldwell Banker Residential Brokerage in Connecticut. The 12 agents formerly…
Read MoreALBANY—The New York State Association of Realtors reports that all Democratic New York Congressional representatives, including local Congressional representatives Sean Patrick Maloney, Nita Lowey and Eliot Engel, have come out against the Tax Cuts and Jobs Act” proposal also known as the GOP tax reform plan released on Nov. 2. Also, New York’s two Democratic…
Read MoreWASHINGTON—Despite solid interest in buying a home—sparked by steady job gains, record low mortgage rates and higher rents—the severe drought in housing supply in much of the country over the past year as well as accelerated price growth kept many first-time buyers out of the market. This is according to the National Association of Realtors'…
Read MoreWHITE PLAINS—Developer LCOR announced recently the completion of construction and the debut of its residential tower project near the White Plains Metro North train station called “Continuum.” The tower building is the first phase of a $250-million twin tower mixed-use project. Located at 55 Bank St., Continuum features a 16-story tower with 288 residences and…
Read MoreWHITE PLAINS—Yonkers Mayor Mike Spano, who was the keynote speaker at HGAR’s Commercial Investment Division on Oct. 26, said that one of his administration’s main goals has been to change the city’s negative image that at least in part was caused by the school desegregation case that garnered national headlines in the late 1980s. In…
Read MoreWHITE PLAINS—The Westchester Local Development Corporation has approved $36.4 million in low-cost financing for Purchase College-SUNY to construct a new residence hall on its campus. The financing approved at the LDC’s Oct. 19th meeting will be used build a four-story, 80,000-square-foot residence hall, consisting of 300 beds in a suite-style configuration with student common areas…
Read More