WHITE PLAINS—After residential sales volume in the Hudson Gateway Association of Realtors’ market area reached historically high levels in 2021, brokers expect continued strong sales activity this year, although not at the feverish pace the industry enjoyed in the midst of the COVID-19 pandemic. To say there are headwinds facing Realtors and consumers in 2022…
Read MoreThe embattled Orange County Industrial Development Agency is in the midst of implementing reforms in response to a corruption scandal that rocked the agency and the county’s business community last year with guilty pleas by two of its chief administrative officers and a member of its Board of Directors. Shortly after the three individuals— Orange…
Read MoreALBANY—The prospect of major upgrades—including the construction of what business and government leaders say is a much-needed third lane on portions of Route 17 in Orange and Sullivan counties—just got a step closer. Although not included in her State of the State speech on Jan, 5, accompanying material given to state lawmakers included a directive…
Read MoreYONKERS—Great Point Studios officially opened the doors to its long-awaited Lionsgate Studios Yonkers on Jan. 11 at 45 Wells Avenue and announced that it will move forward with a more than $500-million expansion plan nearby. The expansion project announced by Great Point Studios Founder and CEO Robert Halmi calls for a 1-million-square-foot facility that will…
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news
WASHINGTON—Existing-home sales declined in December, snapping a streak of three straight months of gains, according to the National Association of Realtors. Each of the four major U.S. regions witnessed sales fall in December from both a month-over-month and a year-over-year basis. Despite the drop, overall sales for 2021 increased 8.5%. Total existing-home sales involving completed…
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legal-advocacy
On Dec. 21, 2021, Gov. Kathy Hochul signed expansive new legislation contained in nine bills aimed to combat housing discrimination in New York State [see https://on.ny.gov/3FfcBXJ]. The legislation was passed as a direct result of Newsday’s investigative report entitled “Long Island Divided” [see https://bit.ly/3zKUQP0] and addresses many of the concerns and issues uncovered in the…
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people
A Career of a Lifetime As a 17-year-old high school senior, MacKenzie Forsberg, never imagined her part-time job as a file clerk in a real estate office would one day turn into an opportunity to sit at the helm of the firm. Fast-forward 20 years, and today Forsberg is one of three Principals of Genesis…
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residential
WASHINGTON—Existing-home sales declined in December, snapping a streak of three straight months of gains, according to the National Association of Realtors. Each of the four major U.S. regions witnessed sales fall in December from both a month-over-month and a year-over-year basis. Despite the drop, overall sales for 2021 increased 8.5%. Total existing-home sales involving completed…
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As I open my computer to start writing my first article as 2022 HGAR President for Real Estate In-Depth, I go through several thoughts, emotions, and directions! I quickly check my e-mail, look at the Instagram posts and click around the MLS……I feel a sense of urgency, a sense of optimism and resilience despite all…
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When I first moved “upstate” to Putnam County 26 years ago from New York City, I experienced culture shock on many levels. Among the many differences, trees, grass, subdivisions, and the shocking relative quiet among them, one change stood out. I was startled by the lack of diversity. In many respects the adjustment to Putnam…
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technology
Unlike Windows 10, Windows 11 has higher than usual hardware compatibility requirements that many PC are not able to meet (and therefore do not qualify for the upgrade). Fortunately, Microsoft has left some pathways open for users of many non-compatible PCs to still be able to install the upgrade. Unfortunately, the upgrade process is more…
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mortgage
ALBANY—New York Gov. Kathy Hochul announced on Jan. 13 a total of $991 million in bonds and subsidies awarded to create or preserve 3,242 affordable, sustainable, and supportive homes across the state. The funding awards include $680 million in financing for six projects in the New York City and Mid-Hudson regions. The developments will leverage…
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