TARRYTOWN—Carmen Bauman, Principal Broker of Green Grass Real Estate of Bronxville and Associate Broker of commercial real estate brokerage firm RM Friedland, was named 2024 President of the Hudson Gateway Association of Realtors at the organization’s 107th Annual Member Appreciation Day held on Oct. 30 at the Westchester Marriott in Tarrytown. More than 1,000 HGAR…
Read MoreWASHINGTON—U.S. Senate Majority Leader Charles Schumer and U.S. Rep. Adriano Espaillat (NY-13) announced on Oct. 24 that the Federal Transit Administration is poised to approve a full funding grant agreement for the Second Avenue Subway Phase 2 (SAS II) project, totaling $3.4-billion. The funding will allow the SAS II project to proceed to extend the…
Read MoreWHITE PLAINS—The Global Business Council of the Hudson Gateway Association of Realtors has received the prestigious 2023 Platinum Global Achievement Award from the National Association of Realtors. HGAR’s Global Business Council, which was formed in 2018, received a Platinum Award last year and earned a Gold Global Achievement Award in 2020 and 2021 and a…
Read MoreSLEEPY HOLLOW—The days of significant condominium development in Westchester County are long gone. However, one new luxury condo project is experiencing strong sales activity in the early days of marketing—The Daymark—being developed at the site that was once home to a General Motors assembly plant property here. In a little more than two months since…
Read MoreFARMINGDALE—OneKey MLS announced on Oct. 23 it completed the annual selection process and had nominated five new Managers to represent stakeholder interests for a two-year term on its Board of Managers. The newly selected Nominees will serve alongside Chairperson Frank DellAccio and Managers Leah Caro, Linda Lugo, Melissa Gomez, and Pati Holmes, together with three…
Read MoreWHITE PLAINS—The Westchester County’s Local Development Corporation announced on Oct. 24 it had voted preliminary approval of $52 million in tax-exempt bond financing for the $108-million redevelopment of the former Avon headquarters in Rye into a 187,000-square-foot facility to be leased to the New York Blood Center Inc. New York Blood Center will occupy the…
Read MoreALBANY—New York Gov. Kathy Hochul signed several bills into law on Oct. 23 geared at building and preserving more affordable, energy-efficient housing in New York City. The governor signed S. 4709A/A. 7758, which authorizes New York City to adopt a new affordable housing rehabilitation program to replace the former J-51 program. The governor also signed…
Read MoreThe Hudson Gateway Association of Realtors regrets to inform its membership of the passing of James F. Walker of Fishkill on Oct. 16 at the age of 60. Walker was an Associate Broker with Keller-Williams Hudson Valley United in Middletown and a member of the brokerage’s firm’s Commercial Real Estate Team. He passed away after…
Read MorePURCHASE—Atlas Air Worldwide, a leading global provider of outsourced aircraft and aviation operating services, announced on Oct. 19 that its new corporate headquarters will be located in 60,000 square feet of space at the Gateway Building at 1 North Lexington, Ave. in White Plains. Atlas commits to retaining 400 existing, full-time permanent jobs in New…
Read MoreNEW YORK—Yesterday (Oct. 19) a host of elected officials, hip-hop luminaries and community leaders joined L+M Development Partners, Type A Projects, BronxWorks, and The Hip Hop Museum for a ribbon cutting ceremony to celebrate the opening of the housing and public space components at phase one of Bronx Point, the much-anticipated $349-million mixed-use development on…
Read MoreWHITE PLAINS—While Realtors say that home buying demand is still strong, high interest rates and critically low inventory caused residential sale transactions to fall precipitously in the third quarter of 2023. According to the recently released “2023 THIRD QUARTER REAL ESTATE SALES REPORT: Westchester, Putnam, Rockland, Orange, Sullivan and Bronx counties, New York” by the…
Read MoreFARMINGDALE, NY— For September 2023, OneKey MLS reported today a regional closed median sale price of $630,000, a 0.80% decrease as compared to the $635,000 reported in August 2023. In a year-over-year comparison, the closed median sale price increased 5.00% from $600,000, reported in September 2022. However, sales transactions and pending residential deals were down…
Read MoreWEST NYACK— The Palisades Center mall in West Nyack recently announced the grand opening of real estate brokerage firm RE/MAX Opulent on Level One near Best Buy. RE/MAX Opulent is headed by Broker Zulma Valnetin and Vice President of Operations Jian Gonzalez. The brokerage features an experienced and dedicated team of real estate professionals that…
Read MoreNEW YORK—The Hudson Gateway Association of Realtors held its second annual “Bronx County Day” recently that was attended by more than 100 Realtor members and staff, as well as a host of politicians representing the borough, including Bronx Borough President Vanessa Gibson. At the event, held at the Castle Hill YMCA, commercial and residential real…
Read MoreEditor’s Note: The following is the full text version of the 2023 THIRD QUARTER REAL ESTATE SALES REPORT Westchester, Putnam, Rockland, Orange, Sullivan and Bronx counties, New York released recently by the Hudson Gateway Association of Realtors. WHITE PLAINS—The combination of high interest rates and low inventory dampened buyer demand and were the chief causes in…
Read MoreALBANY—Wall Street’s 2023 first half profits of $13 billion were down 4.3% from the same period last year but tracked the industry’s return to pre-pandemic levels of revenue after record profits in 2020 and 2021, according to State Comptroller Thomas P. DiNapoli’s recently released annual report on the performance of New York City’s securities industry.…
Read MoreNEW ROCHELLE—Westchester Residential Opportunities (WRO) will hold its 55th Anniversary Gala on Nov. 2 from 6 p.m. to 9:30 p.m. at the VIP Country Club in New Rochelle. The event is open to all and will include a cocktail hour, dinner and the program. WRO will be honoring two members of the community: Ted Childs,…
Read MoreYONKERS—Bronx-based Simone Development reports it has acquired One Executive Blvd. in Yonkers, a 133,768-square-foot, four-story office building from an affiliate of Robert Martin Co. of Elmsford. Simone officials stated that it plans to repurpose the office building into state-of-the-art medical space. Simone Development has begun interior and exterior renovations to repurpose the property into a…
Read MoreHarold Vogt, the longtime leader of The County Chamber of Commerce (now operating as The Business Council of Westchester), died on Sept. 28, 2023 in Boca Raton, FL at the age of 88. The Business Council of Westchester announced Vogt’s passing in an e-mail message to its membership on Oct. 5. Vogt served as President…
Read MoreALBANY—The New York State Association of Realtors announced on Oct. 6 it had honored Leah Caro of the Hudson Gateway Association of Realtors as the “Alan Yassky Distinguished Service Award” winner during the association’s recent 2023 “Elevate Your Profession” Fall Business Meetings held at the Turning Stone Resort & Casino in Verona, NY. Caro is…
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