WASHINGTON—Existing home sales receded in September following two consecutive months of increases, according to the National Association of Realtors. In its monthly report released on Oct. 22, NAR reported that all four major regions witnessed sales drop off last month, with the Midwest absorbing the brunt of those declines. Overall sales in the Northeast fell…
Read MoreEASTCHESTER– Berkshire Hathaway HomeServices Westchester Properties will present its fourth annual Sunshine Kids benefit on October 23rd at Mulino’s at Lake Isle Country Club in Eastchester. Doors open at 6 p.m. All proceeds will benefit The Sunshine Kids Foundation, an organization dedicated to helping children with cancer. The event will feature Emmy-award winning mentalist Oz…
Read MoreWHITE PLAINS—The residential home sales market in the Hudson Valley showed some surprising resilience in the third quarter. While some real estate analysts had predicted home sales would likely soften in the latter part of 2019, home sales in fact increased in a majority of the region. According to the “2019 THIRD QUARTER RESIDENTIAL REAL…
Read MoreSLEEPY HOLLOW—In recognition of the extraordinary volunteer contributions made by its real estate agents and employees, Houlihan Lawrence presented its first-ever Humanitarian Award at its companywide event on October 10, held at Sleepy Hollow Country Club. Lin Crispinelli was presented with the award in recognition of her work with The Stephanie Crispinelli Humanitarian Fund, a…
Read MoreRYE BROOK—Houlihan Lawrence Commercial has announced it has been named exclusive leasing agent for a new transit-oriented mixed-use development proposed directly across from the Metro-North train station in Tarrytown. Located at 29 Depot Plaza, the project is comprised for a 20,000-square-foot warehouse that will be renovated into ground-level self-storage and retail space with three stories…
Read MoreNEW YORK—Multinational computer software company Adobe Inc. has signed a 109,296-square-foot lease at 1540 Broadway, a 44-story, Class-A office building in Manhattan. Adobe has renewed its 27,323-square-foot lease on the entire 17th floor and is expanding by an additional 81,972 square-feet of office space on floors 18, 19 and 20. The CBRE team of Mary…
Read MoreNEW YORK—Cushman & Wakefield announced on Oct. 9 that it has been retained on an exclusive basis to market for sale 773 Grote St., a 23,021-square-foot residential development site in an opportunity zone in the Bronx. A Cushman & Wakefield team consisting of Jonathan Squires, Michael Fioravanti, Josh Neustadter, Addison Berniker and Shayne Soltan will…
Read MoreNEW YORK—RE/MAX reported on Oct. 14 that it is expanding its brand in the New York market by opening its first Manhattan office—RE/MAX 100 at 1412 Broadway in Times Square. The office was launched earlier this month by real estate professional Shovkat Mamedov who, along with her team, will bring RE/MAX’s world-class services to this…
Read MoreWHITE PLAINS—A solid third quarter for residential sales in the lower Hudson Valley region served by the Hudson Gateway Multiple Listing Service, Inc. (HGMLS) appears to indicate that the housing market remains vibrant, experiencing modest, but sustainable gains. Single-family residential sales remained on solid footing with anywhere from a 1% gain in unit sales in…
Read MoreYONKERS—A $177.3-million waterfront project being developed by New York City-based Rose Associates on Alexander Street here has secured incentives from the Yonkers Industrial Development Agency. The project at 57 Alexander St. that will convert an industrial building into a multifamily complex secured the incentives at the Oct. 2 meeting of the Board of Directors of…
Read MoreNEW ROCHELLE—Developer Megalith Capital Management joined New Rochelle Mayor Noam Bramson, City Manager Charles B. Strome III, Commissioner of Development Luiz Aragon and other city officials for a ribbon-cutting ceremony on Oct. 4 to mark the grand opening of the firm’s The Printhouse project. The six-story, 71-unit luxury mixed-use Printhouse development is located at 165…
Read MoreNEW YORK—Westchester County Executive George Latimer and Bronx Borough President Ruben Diaz Jr. hosted the inaugural meeting of the Penn Station Access Bronx & Westchester Community Council at Mercy College’s Bronx Campus on Sept. 27th next to the planned site of a future new Metro-North Railroad Station. Janno Lieber, Chief Development Officer and President at…
Read MoreWASHINGTON—New consumer findings from a National Association of Realtors survey released on Sept. 23rd show that more than half of polled Americans believe that now is a good time to buy a home. Optimism fared well in the third quarter of 2019 as 63% of people said they believe that now is a good time…
Read MoreMAHOPAC—J. Philip Real Estate of Putnam County announced on Sept. 16 that the firm has raised the bar on its custom brand standards of agent training. Designed to reflect J. Philip’s unique productivity and client service approach, the enhanced training model is backed by talent and proven industry best practices, the brokerage firm reported. A…
Read MoreNEW YORK—Ellis Sotheby’s International Realty has teamed up with Edward Hopper House Museum & Study Center in Nyack to host its annual fundraiser at the Four Seasons Private Residences New York Downtown in New York City on Oct. 3 to benefit arts education in Hudson Valley public schools. The event, scheduled from 6:30 to 9…
Read MoreHAVERSTRAW—Ginsburg Development Companies was joined by town, village and Rockland County officials on Sept. 12 to celebrate the completion of construction of phase one of GDC’s latest luxury waterfront development—The Waterfront at Harbors. Located as part of GDC’s Harbors-at-Haverstraw condominium community on the Hudson River, The Waterfront at Harbors features single-level two- and three-bedroom condominium…
Read MoreRYE BROOK—Houlihan Lawrence announced on Sept. 16 that Liz Nunan has been promoted to President of the brokerage firm. Previously the company’s Chief Operating Officer, Nunan will now oversee all aspects of Houlihan Lawrence’s operations, including the company’s residential and commercial brokerage divisions, with 30 offices and 1,300 agents. Nunan’s promotion is accompanied by other…
Read MoreWASHINGTON—A host of housing and finance organizations have expressed support for the plans submitted by the Trump Administration, specifically the Treasury Department and the U.S. Department of Housing and Urban Development, earlier this month to reform the housing finance system and the Government-Sponsored Enterprises Fannie Mae and Freddie Mac. The Treasury Housing Reform Plan consists…
Read MoreAfter a public hearing and discussion, on Dec. 14, 2018, Westchester County enacted the Cooperative Housing Corporation Disclosure Law. The provisions of the Disclosure Law went into effect on Dec. 14, 2018. The Disclosure Law can be found in Section 700.21-a of the Westchester County Fair Housing Law. Westchester County joins the following municipalities and…
Read MoreNEW YORK—While visionary commercial and residential developer Robert Weinberg passed away at his home in Manhattan at the age of 90 on Sept. 3, his legacy in Westchester County and the surrounding suburbs will live on for generations to come. Weinberg will be best remembered for co-founding Robert Martin Company of Elmsford with partner Martin…
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