WHITE PLAINS—A host of prominent Westchester County Realtors testified in favor of a long sought-after co-op disclosure bill last night during a virtual public hearing before the Westchester County Board of Legislators. The amendments to current county law would require that co-op boards provide a reason for the denial of an application when the co-op…
Read MoreA transformation is taking place in the City of Yonkers that is radically changing its public/affordable housing stock. Under the guidance of the administration of Yonkers Mayor Mike Spano and the president and CEO of the Municipal Housing Authority for the City of Yonkers Wilson Kimball, nearly three quarters of a billion dollars is being…
Read MoreNEW YORK—New York City Mayor Bill de Blasio said on an appearance this morning on the MSNBC Program Morning Joe that New York City will “fully reopen” by July 1. The mayor said that at that time there would be no restrictions on restaurants and other businesses. Please check back for further updates on this…
Read MoreALBANY—Hundreds of Realtors from across the state, including approximately 100 Hudson Gateway Association of Realtors members, met virtually with state lawmakers earlier today to discuss key issues facing the real estate industry and consumers. After NYSAR cancelled last year’s Lobby Day program due to the COVID-19 pandemic, the program was held virtually via Zoom. NYSAR’s…
Read MoreWHITE PLAINS—Representatives of Regeneron Pharmaceuticals, Inc. made a presentation to the Westchester County Industrial Development Agency this morning on an amended expansion plan for property in the Town of Greenburgh that will involve a total of nearly a half billion dollars of investment. Janet Giris, a partner with the law firm DelBello, Donnellan & Weingarten,…
Read MoreWHITE PLAINS—The first quarter of 2021 was “one for the books” for the suburban New York City residential market. In the era of COVID-19, residential sales in the Hudson Gateway Association of Realtors’ market area plummeted early on and slowly increased as restrictions were lifted. In the first quarter of 2021, sales skyrocketed to new…
Read MoreA little more than a year ago, White Plains Mayor Thomas Roach presided over a city that was enjoying a renaissance of new development projects in its Downtown District that promised to reshape the city’s skyline and economy for years to come. Fast forward to April 2021 and while the COVID-19 pandemic still infects and…
Read MoreThe cities of Peekskill in Westchester County and Newburgh in Orange County may be smaller than other major cities in the Hudson Valley, but both have some big development plans in the works. Peekskill, which has seen major changes over the past 10 years, is gearing up to add five new affordable and market rate…
Read MoreAt the end of April, the Hudson Valley will bid farewell to an entity both loved and loathed in our region for almost 60 years—the Indian Point nuclear power plant in the Village of Buchanan in northern Westchester County. After providing power to the lower Hudson Valley since 1962, the third and final reactor—Indian Point…
Read MoreALBANY—New York State Supreme Court Judge Susan Kushner issued a ruling that is being viewed as a major victory for the real estate industry, terming Department of State guidance that banned New York State apartment tenants from paying broker fees “an error of law.” The ruling, first reported by The Real Deal, was handed down…
Read MoreNEW WINDSOR—At a special meeting of the newly constituted Board of Directors of the Orange County Industrial Development Agency on Tuesday, March 30, the IDA Board voted to terminate the contracts of the managing director of the IDA and its Accelerator programs. On April 5, the chief executive officer of the IDA submitted her resignation. The…
Read MoreWHITE PLAINS—New York federal representatives and Westchester County Executive George Latimer staged a press conference on March 25th at the home of a White Plains resident to push for the repeal of the controversial SALT (State and Local Tax) deduction cap. U.S. Rep. Mondaire Jones (NY-17), U.S. Rep. Tom Suozzi (NY-03), U.S. Rep. Jamaal Bowman…
Read MoreWHITE PLAINS—A bill that would amend existing county law relating to the sale of cooperative housing to now require cooperative boards of directors to disclose the reason for denial of a prospective purchaser was officially introduced for consideration by the Westchester County Board of Legislators on Monday, March 22. The pending bill, which now goes…
Read MoreCharlie Oppler took over as president of the National Association of Realtors at a pivotal time for the national organization and for the nation’s real estate industry as well. With the advent of COVID vaccines and mass distribution now underway, the 1.4 million NAR members and the nation are beginning to adjust to what will…
Read MoreA Give-Back Journey At this point in her life, Jeanne Shields is taking a little breather from her many, many philanthropic activities, including serving as a Trustee and fundraising volunteer for the Hudson Gateway Realtor Foundation. The Associate Broker with Howard Hanna | Rand Realty’s Nyack office has a very good reason for her much-needed…
Read MoreGOSHEN—The Orange County Legislature, frustrated over attempts to secure financial documents from the Orange County Industrial Development Agency, voted to remove the entire seven-member IDA Board of Directors on Thursday evening after a two-hour-long executive session. Orange County legislators cited what they termed had been the lack of transparency by the Orange County Industrial Development…
Read MoreYONKERS—A group led by business and labor organizations in Westchester and the Bronx have formed an alliance called “A Sure Bet for New York’s Future” in support of a full gaming license and access to mobile sports betting for Empire City Casino in Yonkers by MGM Resorts. A full-scale casino license, complete with retail and…
Read MoreWHITE PLAINS—A mixed-use project that has been on the drawing boards for more than five years, secured a key approval yesterday from the White Plains Common Council that could put final approvals finally within reach for the property owner. The White Plains Common Council unanimously voted on Monday evening to accept the environmental findings, zoning…
Read MoreALBANY—New York Gov. Andrew Cuomo announced on Feb. 25 that the state will launch a program to deploy undercover fair housing testers in New York City, Long Island, Westchester County and the Central New York and Western New York regions to possibly uncover housing discrimination practices by sellers, brokers and landlords. The state is currently…
Read MoreWHITE PLAINS—The Westchester County Industrial Development Agency’s Board of Directors earlier today (Feb. 25) unanimously approved a new local hire labor policy that will require incentivized project developers hire 85% of its construction workers from the local area; require its workers complete OSHA safety training; subcontractors be enrolled in a pre-apprenticeship program and that all…
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