Featured

New York Developer Breaks Ground on $585 Million Project on Yonkers Waterfront

May 17, 2022

YONKERS—Westchester County and city officials were on hand on May 5 to celebrate the groundbreaking of a nearly $600-million mixed-use project that will transform a large swath of the city’s waterfront by adding nearly 1,400 units of housing to its growing housing stock. Extell Development officials turned the first dirt on its long awaited $585-million…

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HGAR Calls on State Lawmakers to Oppose ‘Good Cause’ Eviction and Pass Co-Op Transparency Bill

May 10, 2022

ALBANY—A contingent of more than 70 members of the Hudson Gateway Association of Realtors and staff traveled to Albany on May 10 to lobby state lawmakers on the organization’s 2022 legislative agenda that includes staunch opposition to “Good Cause” eviction and the association’s support for statewide co-op transparency legislation, similar to laws passed in Rockland…

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Caramoor Center for Music and the Arts—a Hidden Gem in Northern Westchester

May 9, 2022

KATONAH—Sequestered on 80 acres in the Katonah countryside in northern Westchester County, Caramoor Center for Music and the Arts is an unassuming, yet incredibly beautiful destination for live music performances of all genres. Featuring a Spanish courtyard, Venetian theater, sunken gardens, a Renaissance-infused music room and meandering pathways to explore, Caramoor also offers educational and…

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Realtors Predict Higher Rates Will Lead to Slower Sales, Not Collapse

April 21, 2022

WHITE PLAINS—Realtors believe that the lower home sales numbers registered in the first quarter of this year were due primarily to record low inventory and not any sharp decline in buying demand. In fact, brokers interviewed by Real Estate In-Depth agree that current economic headwinds in the form of high inflation, rising mortgage interest rates…

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Five Questions with Epoch Senior Living CEO Larry Gerber

April 21, 2022

Last month, partners Epoch Senior Living and National Development opened the doors for the first time to their new $120-million Waterstone of Westchester luxury senior housing project in Downtown White Plains. The independent living facility for those 62 and older offers everything a five-star hotel would offer and more. The 132-unit property is located across…

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Gov. Hochul Earmarks Up to $1 Billion for Route 17 Expansion

April 18, 2022

ALBANY—The most consequential economic development project for the mid-Hudson Valley region in decades is not a major corporate relocation, a large lease deal or a new massive warehouse developed by a national e-commerce giant. Instead, it will be a major infrastructure project that will surely facilitate mega deals like those mentioned above in the coming…

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Advanced Materials Firm Relocating Operations From Tarrytown to Hudson Valley iCampus

April 14, 2022

PEARL RIVER—Momentive Performance Materials Inc. is relocating its operations in Tarrytown to nearly 67,000 square feet of space at the 207-acre Hudson Valley iCampus property here in 2023. Momentive Performance, which is headquartered in Waterford, (Saratoga County) NY will relocate from its current space at 769 Old Saw Mill River Road in Tarrytown in early…

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Hudson Gateway Association of Realtors and BRI Urge State Senate to Approve Anti-Housing Discrimination Bill

April 14, 2022

WHITE PLAINS—The two leading realty and building advocacy organizations in Westchester County—the Hudson Gateway Association of Realtors of White Plains and The Building and Realty Institute of Armonk—are urging State Senators to confront the region’s legacy of deliberate housing segregation by passing a bill that would eliminate discriminatory restrictive covenants that continue to exist in…

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NAR Study Suggests Biggest Obstacle to Homebuying Is the Lack of Affordable Housing, Available Inventory

April 13, 2022

“In the current hot market, people who have traditionally enjoyed homeownership can capitalize on those gains to realize new opportunities. Meanwhile, the market becomes increasingly unaffordable, and the obstacles greater, for those trying to enter the market.” WASHINGTON—The lack of affordable homes is the top obstacle holding back potential home buyers of all races, but…

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Furniture Sharehouse Celebrates 15th Anniversary Serving Westchester County

April 11, 2022

WHITE PLAINS—Furniture Sharehouse, one of the many charities supported by the Hudson Gateway Realtor Foundation, recently celebrated 15 years of serving Westchester County at its modest location at the Westchester County Airport in White Plains. “We could not have reached this amazing milestone without the incredible support of the HG Realtor Foundation and others who…

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U.S. Pending Home Sales Dwindle 4.1% in February; Northeast Post Slight Increase in Pending Deals

March 31, 2022

WASHINGTON— Pending home sales slipped in February, marking four consecutive months of transaction decreases, according to the National Association of Realtors. Three of the four major U.S. regions saw contract signings fall month-over-month, with the Northeast being the only area that reported an increase. All four regions registered a decline in year-over-year contract activity. The…

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Five Questions With Hudson Valley Pattern for Progress CEO Adam Bosch

March 24, 2022

Recently, a new leader took the helm of what some in the business community consider the Hudson Valley’s very own think tank—Hudson Valley Pattern for Progress. The Board of Directors at Pattern for Progress appointed Adam Bosch, 39. to be the organization’s next president and chief executive officer, replacing Jonathan Drapkin, who had led the…

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NAR: Millennials Remain Dominant Home Buyer Generation with 43% Market Share

March 24, 2022

WASHINGTON—The share of millennial home buyers increased significantly over the past year. They are also the most likely generation to use the Internet to find the home they ultimately purchase and most likely to use a real estate agent, according to a report released by the National Association of Realtors on March 23. The 2022…

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Understanding Digital Currency and Closing Deals with Cryptocurrency

March 21, 2022

Amy Chorew, a Connecticut Realtor and President of Curated Learning, first heard about cryptocurrency back in 2017 while having her hair styled. “My hairdresser was talking about buying a condo and cashing out $50,000 in cryptocurrency as part of the down payment. All I could say at that time was ‘what’s that?’” she admitted. Fast…

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