Northeast Home Sales Soared by a Record 31% in July

August 21, 2020

WASHINGTON—Proof that the local home sales market is very strong despite the COVID pandemic can be found in the latest statistics released today by the National Association of Realtors. NAR reports that existing-home sales in the Northeast rose by a record 30.6% in the month of July. NAR reported that nationwide home sales continued on…

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Rockland County Executive Proposes Sain Building Sale As County is ‘Being Battered from all Sides' by COVID

August 19, 2020

NEW CITY—Saying the county is “being battered from all sides” from the coronavirus and faces significant revenue shortfalls ahead, Rockland County Executive Ed Day submitted three draft Resolutions to the County Legislature on Aug. 18 that include reviving a plan to sell a shuttered county-owned office building and raising the county’s sales tax. Day says…

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Five Questions with New Rochelle Mayor Noam Bramson

August 13, 2020

In launching the new Real Estate In-Depth regular feature “Five Questions With,” the editor and publisher of the print and online newspaper seek to interview key newsmakers of the day and ask probing questions on matters that affect the readership’s business and day-to-day lives, but also provide insight into how and why certain decisions were…

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HGAR Annual Meeting to be Held Virtually for First Time in History

August 12, 2020

WHITE PLAINS—The Hudson Gateway Association of Realtors’ 104th Annual Meeting & Member Appreciation Day will be like none other in the association’s history. The October gathering, which normally draws more than 1,200 Realtors and related professionals to the DoubleTree Hotel in Tarrytown, will be held virtually this year, via Zoom webinar, for safety concerns as…

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Facebook Inks Major Lease Deal at Vornado’s Farley Building

August 4, 2020

NEW YORK—Vornado Realty Trust announced on Aug. 3 that Facebook has leased all of the office space at The Farley Building totaling 730,000 square feet in Vornado’s Penn District. Vornado also released its second quarter financial results and the tremendous impacts caused by the coronavirus pandemic on its operations and finances. The Farley Building is…

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Amid Post-COVID and Social Unrest, Are People Still Moving into Manhattan?

August 3, 2020

Since early spring, when the coronavirus hit the New York metro area hard, headlines have been screeching about the residential flight from Manhattan and other parts of New York City. Newspapers, online publications, blogs, and broadcast media are continuously touting the mass exodus from The Big Apple. High-end luxury condo owners to students and young…

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Global Site Selector Tells OC Partnership to ‘Keep Calm and Embrace the Chaos’

July 23, 2020

While most economic news of late in this time of the coronavirus is usually described as “bleak” or “grim,” an international site selector speaking to a virtual meeting of the Orange County Partnership on July 22 indicated that the county’s prime location, available workforce and lower cost of land and housing will attract investment, particularly…

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NAR’s Fair Housing Policy Director Greene Tells HGAR: To Solve Racism: “You’re Gonna Need a Bigger Boat”

July 16, 2020

WHITE PLAINS—National Association of Realtors Fair Housing Policy Director Bryan Greene said the current racial equality and COVID pandemic crises remind him of the classic motion picture— “Jaws” where actor Roy Scheider as Chief Martin Brody upon seeing the killer great white shark for the first time, says, “You’re Gonna Need a Bigger Boat.” Greene,…

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Realtors Believe Worst of Pandemic’s Impacts are Behind Us

July 15, 2020

WHITE PLAINS—The second quarter home sales market in the Hudson Valley, dominated by restrictions to prevent the spread of the coronavirus in New York State, struggled mightily with sales activity down significantly. Second quarter home sales, according to a recently released report by OneKey™ Multiple Listing Service LLC, were down anywhere from 39.8% in the…

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HG Realtor Foundation Cautiously Resumes Volunteer Events

July 10, 2020

WHITE PLAINS—Stymied by COVID-19 from on-site volunteer events since mid-March, the Hudson Gateway Realtor Foundation (HGRF) is carefully resuming volunteering with local charities and non-profit organizations throughout the Hudson Valley. On July 28, Realtor volunteers will join an outdoor event, sponsored by the Westchester County Parks Foundation, to clean up Twin Lakes Park in Eastchester.…

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Strong Majority of Realtors Say Market Is in Recovery Phase as Buyers Return

July 10, 2020

WASHINGTON—After enduring months of setbacks brought on by the coronavirus pandemic, a new survey from the National Association of Realtors released on Thursday, July 9 shows that more than nine in 10 of its members believe they are in the process of recovering as many states start to reopen their economies. NAR's 2020 Market Recovery…

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Hudson Valley Home Sales Take Hit from Coronavirus

July 7, 2020

WHITE PLAINS— The optimism felt by residential real estate practitioners in the first quarter of 2020 when strong sales figures in the lower Hudson Valley region, served by OneKey™ Multiple Listing Service LLC, seemed to be an indication of a robust year ahead for residential real estate sales. This optimism took an abrupt left turn…

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HGAR Membership Overwhelmingly Approves Merger with Bronx Manhattan North Association

July 1, 2020

WHITE PLAINS—The membership of the Hudson Gateway Association of Realtors, Inc. that participated in a more than two-hour virtual Special Meeting today, overwhelmingly approved a merger agreement with the Bronx Manhattan-North Association of Realtors, Inc. The more than 400 members who participated in the session, held via Zoom, also approved a number of bylaws amendments…

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NYC Brokers Discuss COVID, Market Activity, ‘Black Lives Matter’

June 26, 2020

WHITE PLAINS—The Hudson Gateway Association of Realtors and co-sponsor TitleVest recently assembled a panel of powerhouse New York City residential brokerage executives who offered candid assessments of the area’s real estate markets now and going forward and what the real estate industry must do in this time of civil unrest. The online panel discussion held…

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OneKey MLS Consumer-Facing Site Serving Greater NY Metro Goes Live!

June 23, 2020

NEW YORK—Consumers now have access to a listing search portal that boasts approximately 40,000 listings from some 500 communities throughout the New York metropolitan area. Officials with OneKey MLS staged a virtual press conference on Monday, June 22 to announce that the consumer-facing MLS platform, which provides real estate professionals and their clients unprecedented access…

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