WASHINGTON—Top experts from the housing and higher-education fields joined policy thought leaders from the National Association of Realtors on Oct. 13 to discuss the current student loan debt crisis and how it affects the economy, housing market, and debt holders. The event explored the findings of NAR’s September report, The Impact of Student Loan Debt,…
Read MoreWHITE PLAINS—Third quarter residential home sales for the Lower Hudson region, served by OneKey Multiple Listing Service, surpassed the historically high third quarter sales figures of 2020 which were attributed in large part to a response to COVID-19, according to the 2021 Third Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland, Orange, Sullivan,…
Read MoreWHITE PLAINS—A man who for more than three decades was a driving force behind the growth and growing respect of the Westchester County Board of Realtors has died. P. Gilbert Mercurio, who led the Westchester County Board of Realtors and its successor organization the Westchester Putnam Association of Realtors for 31 years as its chief…
Read MoreGOSHEN—Ever since the COVID-19 hit this region back in March 2020, one of the bright spots for the Hudson Valley economy has been Orange County where, despite the challenges the pandemic has brought, major projects and investment continue almost undeterred. Orange County has seen Amazon and Medline build new massive distribution facilities, while the much-anticipated…
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news
WHITE PLAINS—Following the huge success of its new “Launch 1000” Program this year, Westchester County’s Office of Economic Development is gearing up for its second performance in 2022. The new entrepreneurship program graduated its first class of 59 new entrepreneurs at the end of September, with 50 of them already generating revenue. Deborah Novick, the…
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legal-advocacy
The real estate industry has certainly been through a lot during the COVID-19 pandemic. At the start of the pandemic, many real estate agents and brokerage firms faced the real concern that the entire real estate market was on the brink of collapse. The panic that had set in quickly subsided and, surprisingly, the real…
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people
A Career That Finally Lets Her Travel Christina Stevens was just 21 years old when she came to the U.S. from the West African nation of Sierra Leone. Little did she know at that time that she would one day own her own successful real estate firm in New York City. Upon arrival in the…
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residential
TUCKAHOE—Valon Nikci, president and principal broker of Link NY Realty of Bronxville, reports it represented the buyer in the $8-million purchase of 269-273 Columbus Ave. in Tuckahoe. The undisclosed buyer is a New York City landlord. The mixed-use property totals 34,888 square feet and features residential, office and retail uses. The new owner plans to…
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As reported previously on Real Estate In-Depth, Gil Mercurio, the long-time CEO of this organization, passed away at the end of September. Gil had been my mentor for more than 30 years. His intelligence, humor, leadership instincts and generosity of spirit could not be matched. I experienced his generosity first hand at the very start…
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I recently read a prediction by a friend Steve Hawks of Platinum Real Estate on Las Vegas, who is extremely knowledgeable on all things financial and real estate related. He predicts that home prices are set to soar another 16% in 2022. His predictions are backed or inspired by the top bank in the country—Goldman…
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technology
New York State maintains online information and answers to frequently asked questions (FAQs) regarding both, the Excelsior Pass and Excelsior Pass Plus (proof of Covid-19 vaccination) apps. While you may not have an immediate need to know more about the different versions of the Excelsior Pass, I would encourage you to take some time to…
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mortgage
NEW YORK—The New York City Housing Authority and the New York City Department of Housing Preservation and Development reported on Sept. 28 they had finalized a $60-million deal that will bring 101 new affordable apartments to the Mott Haven neighborhood of the Bronx. Construction on the 101-unit Betances Family Apartments building at a site of…
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