News

5 Questions With National Association of Realtors CEO Bob Goldberg

September 17, 2020

As the real estate industry in the Hudson Valley and the New York City metro region continues to adhere to new practices and safety protocols brought on by the coronavirus pandemic, Realtors’ acceptance and adaption to new technologies have been seen by many observers as critical in preventing the sector’s economic collapse in the spring…

Read More

Westchester County Business FIRST Grant Program To Provide $10M for Local Businesses, Nonprofits

September 16, 2020

WHITE PLAINS—Westchester County Executive George Latimer announced on Sept. 16 a $10-million funding initiative to support small businesses and nonprofits facing challenges due to COVID-19. The Westchester County Business FIRST: Financial Investments for Recovery and a Sustainable Tomorrow grant program is designed to offer immediate financial relief to organizations in Westchester County that have been…

Read More

Community Preservation Corporation Launches $20 Million ACCESS Initiative to Empower Minority Real Estate Development, Investment

September 16, 2020

NEW YORK—The Community Preservation Corporation, a leading nonprofit affordable housing and community revitalization company, announced today the creation of the $20-million CPC Acquiring Capital and Capacity for Economic Stability and Sustainability (ACCESS) initiative that will provide flexible capital to create opportunities for people of color in real estate development and prioritize investment in communities of…

Read More

Panel Tackles How to Use ‘Big Data’ in CRE

September 16, 2020

WHITE PLAINS—The Hudson Gateway Association of Realtors’ Commercial Investment Division presented a highly informative and forward-thinking workshop program entitled “How to Use ‘Big Data’ in the Commercial Real Estate Game.” The Zoom program was held on Sept. 10 and was part of CID’s Women in Commercial Real Estate series. The workshop focused on the use…

Read More

The New York Botanical Garden, Douglaston Ink Two Long-Term Ground Leases for Mixed-Use Affordable Projects in the Bronx

September 14, 2020

NEW YORK—Finalizing a deal announced earlier this year, The New York Botanical Garden and Douglaston Development have closed two separate 99-year ground leases at 2856 Webster Ave. and 410 Bedford Park Blvd. in the Bronx that will in a few years feature affordable housing projects totaling more than 400 units. New York City-based Douglaston states…

Read More

Searching for Solutions for a Sick Economy

September 14, 2020

With the prospect of further coronavirus relief coming from Washington, DC getting bleaker by the moment, state, county and local governments will be facing some harsh fiscal decisions due to the economic fallout from COVID-19 this year and in 2021. Gov. Andrew Cuomo has threatened to withhold 20% of funding earmarked for local governments, hospitals…

Read More

First New Hotel in Seven Years Opens for Business in Rockland

September 10, 2020

SPRING VALLEY—Rockland County Executive Ed Day announced on Sept. 9 the first new hotel to open in the county in seven years—The Element by Westin here. The Element by Westin is located at 90 Spring Valley Marketplace and has already started taking reservations for its 87-room inventory ahead of a soft opening scheduled for today…

Read More

Construction Starts on $51 Million Affordable Project in Peekskill

September 10, 2020

PEEKSKILL—Ground was officially broken on Sept. 9 at Wilder Balter Partners’ $51-million affordable housing project at 645 Main Street in Downtown Peekskill. A host of state, county and city luminaries were on hand for the event signaling the ceremonial start of construction of the 82-unit development. The new affordable complex is reserved for households earning…

Read More

LEGOLAND New York on Track for 2021 Opening

September 10, 2020

In early March, when the Coronavirus began to shutter almost everything in its path, the LEGOLAND New York Resort under construction in Goshen was also forced to push back its planned July 4, 2020 opening date until 2021. LEGOLAND New York and its parent company, Merlin Entertainments, made the decision to postpone the Grand Opening…

Read More

HG Realtor Foundation Virtual Walk/Run Challenge Raises More Than $5,000

September 9, 2020

WHITE PLAINS—The Hudson Gateway Realtor Foundation’s August 28 to 30th virtual Walk/Run Challenge has raised a total of $5,094 to date through walker/runner registrations, sponsorships and donations. The foundation’s funds are used to support local charities and non-profit organizations throughout the Hudson Valley and beyond. During the weekend challenge, individuals and teams could select their…

Read More

Joseph Rand Named Executive Director Of Broker Public Portal with Homesnap

September 9, 2020

ARROYO GRANDE, CA—The Board of Managers of the National Broker Portal, a joint venture between Broker Public Portal (BPP) and Homesnap, announced on Sept. 9 that Joseph Rand of Better Homes and Gardens Real Estate|Rand Realty of Nanuet has been named executive director of the Broker Public Portal with Homesnap. Rand will remain the Chief…

Read More

Rand Predicts Record Home Closings in September Regionwide

September 4, 2020

NANUET—While the third quarter 2020 residential sales numbers will not be released by OneKey MLS until next month, Better Homes and Gardens Rand Realty executive Joseph Rand in a sneak preview said the region is currently enjoying a very robust sales market. “The (sales) surge continues,” Rand said. He noted that in August, new deals…

Read More

Westchester LDC Approves More Than $340M in Bond Financing For Westchester Medical Center and Sarah Lawrence College

September 3, 2020

WHITE PLAINS—The Board of Directors of Westchester County’s Local Development Corporation (LDC) recently voted to approve more than $340 million in bond financing for two major not-for-profits. At its August 20th meeting, the LDC board unanimously approved $300 million in bond financing for Westchester County Healthcare Corporation, the public authority responsible for governing the Westchester…

Read More

Construction Begins on 303-Unit Apartment Project in White Plains

September 1, 2020

WHITE PLAINS—In some good news in the times of COVID-19 for the Westchester County economy, The NRP Group announced on Aug. 31 it had broken ground on a new community of 303 market-rate apartments along the I-287 corridor in White Plains. Situated on a 70-acre site at 1133 Westchester Ave. that previously served as the…

Read More