Featured Articles

Harbor Group International JV Acquires Avalon Green for $306 Million

July 27, 2022

ELMSFORD—A joint venture of affiliates of Norfolk, VA-based Harbor Group International, LLC and Azure Partners of New York City has acquired the Avalon Green multifamily community in Elmsford for $306 million. The joint venture announced on July 25 that it would further implement a $9.2-million capital improvement program across the 617-unit community to refresh amenities…

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Pfizer to Spend $470 Million to Expand Vaccine Operations in Rockland County

July 22, 2022

PEARL RIVER—Global pharmaceutical firm Pfizer Inc. reports that it will spend $470 million to expand its vaccine research and development operations here. As Bloomberg first reported, Pfizer confirmed to Real Estate In-Depth that it plans over the next three years to secure necessary approvals and expand and modernize its campus with a new 260,000-square-foot lab…

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Home Sales Fall Sharply in Hudson Valley in Second Quarter

July 21, 2022

WHITE PLAINS—If Realtors are feeling a sense of deja vu when it comes to current home sales activity, perhaps they are recalling how conditions were back in 2018 and 2019, which were both considered strong markets at the time. However, the boom market of 2021, with surging sales and soaring prices throughout the region, has…

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news
legal-advocacy
people

SPOTLIGHT ON: Susan Greenfield

July 18, 2022

A Woman of the World Years ago, Susan Greenfield pictured her career as a successful artist. Armed with a degree in art, she worked as an illustrator before discovering real estate. Fast forward to today, the former artist is now the new FIABCI World President and also a top real estate agent at Brown Harris…

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residential

Howard Hanna | Rand Realty Opens New Office in East Hanover, NJ

August 8, 2022

EAST HANOVER, NJ—Howard Hanna | Rand Realty is pleased to announce the opening of its newest office in East Hanover, NJ, located at 460 Ridgedale Ave. Howard Hanna | Rand Realty already has a solid in-town presence, with highly skilled agents who are local experts, including The Kirkwood Group and The Palianto Team. Both teams…

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Viewpoints

Anthony Domathoti

PRESIDENT'S CORNER: A Changing Market

July 20, 2022

July is here and we are well into the summer market. Change is constant and as we evolve, we join forces, and share resources through this post pandemic times. Inflation is hurting every household budget and it is likely to hurt the nation’s budget, too. The Federal Reserve’s interest rate hikes, meant to counteract inflation,…

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Richard Haggerty

GATEWAY PERSPECTIVES: Exploring Global Opportunities

July 13, 2022

When Alejandro Escudero, Director of Global Strategy and Engagement for the National Association of Realtors, confirmed in 2018 that HGAR had been designated as the Ambassador Association to Portugal I was very excited, but I also had no idea what it truly meant to be an Ambassador Association. In 2017 NAR President Elizabeth Mendenhall had…

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technology

Real Estate In-Depth

NAR Selects Rental Beast as its Rental Space Software Provider

July 18, 2022

CHICAGO—The National Association of Realtors has announced that Rental Beast is its exclusive recommended software provider in the rental space. Under the agreement with the Somerville, MA-based firm, NAR members receive free access to “Apply Now by Rental Beast,” the secure FCRA-compliant online rental application and tenant screening engine. “NAR Realtor Benefits aims to provide…

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mortgage

Real Estate In-Depth

New York State Sets Tax Cap at 2% in 2023 for Local Governments, School Districts

July 14, 2022

ALBANY—Property tax levy growth will again be capped at 2% for 2023 for local governments that operate on a calendar-based fiscal year, according to data released on July 13 by New York State Comptroller Thomas P. DiNapoli. This figure affects tax cap calculations for all counties, towns, and fire districts, as well as 44 cities…

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