TARRYTOWN—An entity managed by New York City-based Northpath Investments—Tarrytown Holdings DE LLC—has acquired in a sale/partial leaseback transaction with BASF Corp., 500 and 540 White Plains Road in Tarrytown in a deal valued at $26 million. The deal was announced by commercial brokerage firm CBRE. The majority of 500 White Plains Road, a research and…
Read MoreYORKTOWN HEIGHTS—Boston-based Brookline Bancorp, Inc. and PCSB Financial Corporation, which is headquartered in Yorktown Heights, announced on May 24 that they had entered into a definitive merger agreement whereby Brookline will acquire PCSB and its wholly owned subsidiary, PCSB Bank for approximately $313 million in cash and stock. Following the transaction, PCSB Bank will operate…
Read MoreWASHINGTON—Pending home sales slipped in April, as contract activity decreased for the sixth consecutive month, the National Association of Realtors reported today. Only the Midwest region saw signings increase month-over-month, while the other three major regions reported declines. Each of the four regions registered a drop in year-over-year contract activity. The Pending Home Sales Index…
Read MoreNEW YORK CITY—The leadership of OneKey® MLS, the premier regional multiple listing service for New York, joined thousands of real estate colleagues on May 19 for The Real Deal’s New York City Showcase and Forum at The Metropolitan Pavilion in Manhattan. The day-long event attracted approximately 2,500 attendees from commercial and residential real estate, development,…
Read MoreWHITE PLAINS—ERA Insite Realty Services, a Top 50 ERA company headquartered in White Plains, is joining in the celebration of the franchise’s 50 years of global residential real estate franchising. The kickoff began at the franchise’s annual international business conference, FUEL 2022, held in Nashville, TN in March, which was attended by several of ERA…
Read MoreYONKERS—The Yonkers Industrial Development Agency announced on May 2 it had granted preliminary approval of a $49.6 million, 10-story mixed-use residential building on Main Street and Riverdale Avenue. The project will feature 76 affordable rental dwelling units and ground floor commercial space. Called St. Clair Residences, the project is located on vacant parcels at 36-38…
Read MoreBRIARCLIFF MANOR—Newmark reports it has been retained by the new ownership of 555 Pleasantville Road, as the exclusive leasing agent and property manager. The property has been recently sold to a joint venture between Saber Real Estate Advisors, Tarrytown Partners and GHC Development. USI Insurance was a major tenant at the property. Newmark's Executive Managing…
Read MoreWHITE PLAINS—More than 150 leaders of Westchester County’s commercial real estate industry were on hand May 12 for the Building Owners and Managers Association of Westchester (BOMA) 30th Annual Hall of Honor Awards Dinner. The dinner, which was held at Abigail Kirsch at Tappan Hill in Tarrytown, honored Simone Development Companies and Argent Ventures for…
Read MoreWHITE PLAINS—The Hudson Gateway Association of Realtors held a highly informative Fair Housing Seminar on April 21 at the HGAR headquarters in White Plains. Guest speakers at the well-attended event were: Bryan Greene, NAR, Vice President of Policy Advocacy, Brian Levine, HGAR Legal Counsel & Professional Standards Administrator and Andrew Smith, Deputy Executive Director at…
Read MoreMore than four years ago, Bridget Gibbons left the private sector to join the Latimer Administration’s economic development department. Little did she know that two years into her new job, the county would be facing its biggest health crisis—COVID-19 that required her to work on developing programs and initiatives to help businesses cope with the…
Read MoreWHITE PLAINS—Westchester County Executive George Latimer announced on May 4th he is reintroducing a community engagement program coined as “On the Horizon” to hear from the public on the future of Westchester County Airport. In February 2020, Latimer first launched the program to support the Master Plan Supplement for Westchester County Airport, but the COVID-19…
Read MoreCARMEL—Coldwell Banker Village Green Realty has acquired Coldwell Banker Fowkes Realty in Carmel. Thirteen new agents come under the CBVGR banner, with more than 40 years of expertise in Putnam, Westchester and southern Dutchess counties and northwestern Connecticut, company officials stated. “I am thrilled that Leonore Garvey and the team at Coldwell Banker Fowkes Realty…
Read MoreWHITE PLAINS — HGAR leadership and members of the HGAR Global Business Council welcomed, Olena Haidamakha, Board of Director of the Ukrainian Realtors Association, to the HGAR headquarters in White Plains on May 9 for a meeting and signing of a Memorandum of Understanding between the two associations. Haidamakha traveled to New York State following…
Read MoreNEW YORK—Global financial services firm Macquarie Group has signed a lease for nearly 222,000 square feet at Brookfield Properties’ 660 Fifth Ave. office tower in Midtown Manhattan. The firm will occupy 221,764 square feet over six floors, in addition to having a private lobby entrance on both the first and second floors and 30,000 square…
Read MoreWHITE PLAINS—Commercial real estate brokerage firm CBRE announced on May 16 it had completed two new office leases at The Gateway Building in Downtown White Plains totaling 26,507 square feet. Both lease deals will involve companies relocating operations from other White Plains locations to the Gateway property at One North Lexington Ave. International law firm…
Read MoreNANUET—In a continuation of its expansion in the State of Connecticut, Howard Hanna | Rand Realty announced on May 12 its recent merger with Dilillo Real Estate of Bethel in Fairfield County, CT. “I am thrilled to welcome Jim Dilillo and his talented team of agents. It’s rewarding to continue our expansion into Connecticut as…
Read MoreMADISON, NJ— Realogy Holdings Corp. announced on March 12 that the company will rebrand as Anywhere Real Estate Inc. (referred to as “Anywhere”), signaling what it says is “a deep commitment to reimagine the consumer experience at any point in the real estate transaction journey. Home to real estate brands, Better Homes and Gardens Real…
Read MoreMark Your Calendar! MAWHAH, NJ—For the first time ever, HGAR is partnering with other regional Realtors Associations, including the New York State Association of Realtors, the New Jersey Association of Realtors and the National Association of Realtors, to present a two-day Diversity, Equity & Inclusion (DEI) Summit, to be held at the Sheraton Mahwah Hotel…
Read MoreOSSINING—The Village of Ossining has issued a request for proposal (RFP) from a qualified developer for the adaptive reuse of a National Register-listed historic building—200 Main St., which was built in 1908 and sits on a village-owned parcel at the intersection of Main Street and NYS Route 9 (Highland Avenue). The village stated in its…
Read MoreALBANY—A contingent of more than 70 members of the Hudson Gateway Association of Realtors and staff traveled to Albany on May 10 to lobby state lawmakers on the organization’s 2022 legislative agenda that includes staunch opposition to “Good Cause” eviction and the association’s support for statewide co-op transparency legislation, similar to laws passed in Rockland…
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