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State Clarifies Position on Property Showings—Can Only be Performed Online

April 3, 2020

ALBANY—Less than 24 hours after the real estate industry was led to believe that in-person real estate showings were permitted by New York State comes a statement from Empire State Development that only virtual/online showings are permissible. On the evening of April 2, an official with Empire State Development Corp. in a clarification of the…

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BREAKING NEWS: Empire State Development Deems Some Facets of Residential, Commercial Real Estate as ‘Essential’

April 2, 2020

ALBANY—Commercial and residential real estate brokers and agents received some welcome if not surprising news on April 1 when the Empire State Development Corp. clarified existing regulations, put in place in response to the Novel Coronavirus Pandemic, and deemed residential and commercial showings and back office real estate work as “essential.” The clarification therefore allows…

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Gov. Orders All Non-Essential Construction Shut Down

April 1, 2020

NEW YORK—Most private construction in New York State, including major development projects in New Rochelle, Yonkers and White Plains, have been temporarily shut down as a means to prevent the spread of the Coronavirus Pandemic. At a press briefing at the Javits Center in New York City on March 27, New York Gov. Andrew Cuomo…

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NAR Helps Secure Key Provisions in Coronavirus Bill for Realtors

March 26, 2020

WASHINGTON—The U.S. Senate unanimously passed a $2-trillion COVID-19 compromise economic relief package on March 25. The bill now goes to the U.S. House, where it is expected to pass, and President Trump has said he will sign the much-needed measure into law. The National Association of Realtors reports the bill includes $350 billion for the…

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NYSAR Says Closings Can Occur Under Certain Circumstances

March 25, 2020

ALBANY—The New York State Association of Realtors posted online the latest guidance regarding the regulations impacting the real estate industry in connection with Gov. Andrew Cuomo’s executive orders in connection with preventing the spread of the Coronavirus. The FAQ (Frequently Asked Questions) issued by NYSAR effective at 5 p.m. on March 24 answered a host…

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New York Metro’s First Regional Multiple Listing Service Goes Live for Realtors

March 25, 2020

NEW YORK— The Long Island Board of Realtors, Inc. and the Hudson Gateway Association of Realtors, Inc. announced on March 24 that the first regional MLS for the New York Metro area—OneKey MLS—is now live for Realtor use. OneKey MLS offers real estate professionals more coverage, precise and accurate data. A consumer-facing website is set…

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Medline Looks to Start Construction Soon on $120M Project

March 11, 2020

MONTGOMERY—One of the more controversial commercial projects in Orange County secured a key approval on March 8 that will likely facilitate groundbreaking on the $120-million distribution facility later this spring if building restrictions related to the Coronavirus are lifted. The Montgomery Planning Board approved Medline Industries’ Final Environmental Impact Statement on its proposed 1.3-million-square-foot distribution…

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SPOTLIGHT ON: Amanda Martinez

March 11, 2020

A Lifetime of Volunteering After spending 32 years working with the New York City Housing Authority, it’s no surprise that Amanda Martinez has a knack for finding people homes. The Better Homes and Gardens Rand Realty agent actually started her real estate career just two years ago in the brokerage firm’s Goshen office, but has…

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WRO Alleges Rockland County Apartment Complex Discriminated Against People with Mental Disabilities

March 11, 2020

WHITE PLAINS—Non-profit fair housing agency Westchester Residential Opportunities, Inc. reported on March 9 it had filed suit against the ownership and manager of the 370-unit Tor View Village Apartments in Garnerville for alleged violations of federal, state and county fair housing laws. WRO charges in its litigation that individuals with mental disabilities were the subject…

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Evolving Coronavirus Crisis Will Impact CRE, Lending Markets

March 4, 2020

WHITE PLAINS—As governments across the globe deal with the spread of the Novel Coronavirus—or COVID-19—the crisis hit home earlier this week when it was learned that an attorney from New Rochelle tested positive for the virus. On March 4, Gov. Andrew Cuomo confirmed reports that in addition to the 50-year-old attorney, three members of his…

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Yonkers Movie Studio Project Granted Preliminary Approval for Incentives

February 20, 2020

YONKERS—At its Feb. 19th session, the Board of Directors of the Yonkers Industrial Development agency granted preliminary approval of proposed financial incentives for a movie studio complex to be built at the iPark complex here. The incentives are in connection with the $60-million first phase of the studio complex for Lionsgate motion picture company. The…

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Coalition Leaders Make the Case for Route 17 Expansion

February 19, 2020

GOSHEN—Although Gov. Andrew Cuomo and the State Legislature are currently grappling with how to close a $6-billion budget shortfall, representatives of a coalition advocating for a $500-million project to expand Route 17 from Harriman in Orange County to Monticello in Sullivan County are undeterred in their belief that now is the time to move forward…

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HGAR Re-Launches Young Professionals Network Group for 2020

February 11, 2020

TARRYTOWN—The Hudson Gateway Association of Realtors has re-launched its Young Professionals Network group for 2020, following a two-year hiatus. YPN, which was originally established by the National Association of Realtors in 2006, is tasked with helping the younger generation of Realtors build a stronger link with the real estate industry and expand networking and business…

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Mill Creek Acquires Blessed Sacrament School Site

February 10, 2020

NEW ROCHELLE—Mill Creek Residential of Boca Raton, FL has acquired a little more than two acres of land that housed the former Blessed Sacrament elementary school and will develop a new eight-story 334-unit multifamily project at the site. The sale of the property was reported by commercial brokerage firm CBRE on Feb. 5, which represented…

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Westchester County IDA Supported $1.6 Billion in New Investment in 2019

January 29, 2020

WHITE PLAINS—The Westchester County Industrial Development Agency announced recently it provided financial incentives for a wide range of new commercial developments that accounted for approximately $1.6 billion in new investment in Westchester County. The projects incentivized in 2019 involved more than 2,800 in new proposed residential units. Some of the projects involved repurposing vacant office…

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Rye-Based Acadia Realty Making More Than $100M Play in SoHo

January 29, 2020

NEW YORK—Acadia Realty Trust of Rye has closed on the purchase of a retail condo in the SoHo section of Manhattan for $15.4 million from Premier Equities. The transaction is part of a string of recent and pending purchases by Acadia in SoHo and along Greene Street totaling more than $100 million. The latest deal…

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Gail Fattizzi Takes Over as 2020 HGAR President

January 22, 2020

SOUTH SALEM—Veteran real estate broker and executive Gail Fattizzi was installed as the 2020 president of the Hudson Gateway Association of Realtors on Jan. 16 at a gala dinner event held at Le Chateau here. Fattizzi, who has served for 24 years as the executive director of the independent real estate brokerage network Westchester Real…

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