NEW YORK—The New York State Public Service Commission on Thursday, Feb. 11 approved two transmission line projects, one in the Capital District-Hudson Valley region and another in Western New York that will cost more than $700 million to complete. The PSC approved the New York Energy Solution Project—a 54.5-mile, 345-kilovolt transmission line valued at an…
Read MoreNEW ROCHELLE— RXR Realty, master developer of Downtown New Rochelle, announced on Feb. 10 the topping out of One Clinton Park, a 28-story mixed-use tower under construction here. The project created 250 on-site construction jobs, employing a diversity of contractors, including MWBE firms and local New Rochelle companies. One Clinton Park features 352 state-of-the-art, highly…
Read MoreYORKTOWN HEIGHTS, NY—The Yorktown Planning Board approved on Monday (Feb. 8) a solar canopy for IBM’s Watson facility that the town estimates will eliminate 6.8 million pounds of carbon dioxide emissions annually. IBM will build a solar panel canopy over a large parking lot at 1101 Kitchawan Road in Yorktown Heights. The construction project will…
Read MoreENGLEWOOD CLIFFS, NJ - Rand Commercial announced on Feb. 8 that locally-based Plawker Commercial has officially joined the Rockland-County headquartered commercial brokerage firm. The firm is now operating as Rand Commercial Plawker Group and is located out of offices at 601 Palisades Ave. in Englewood Cliffs, NJ. In December 2020, residential brokerage firm Plawker Real…
Read MoreNEWBURGH—Resorts World Catskills Casino is poised to present plans for a Video Gaming Machine (VGM) facility at the Newburgh Mall here. The Genting Group, parent company of Resorts World Catskills Casino in Monticello, confirmed that it will soon present plans to the Town of Newburgh to develop the VGM facility in an attempt to capture…
Read MoreWHITE PLAINS—Simone Development Companies reported on Feb. 3 it had completed two new lease deals totaling more than 17,000 square feet at the firm’s 55 Lafayette Avenue in White Plains. Westchester County Government has leased nearly 10,000 square feet and Sila Services, LLC, an HVAC and plumbing service company, leased 7,250 square feet at the…
Read MoreWHITE PLAINS—GHP Office Realty, LLC, an affiliate of Houlihan-Parnes Realtors, LLC, announced recently it had leased 102,212 square feet in transactions worth more than $26.6 million in rental income. Ampacet Corp. renewed its lease of 35,000 square feet on the third floor of 660 White Plains Road in Tarrytown for seven years. The space serves…
Read MoreNEW WINDSOR—John J. Lease Realtors reported recently that it had sold the former Toyota Auto Sales facility, located at 2934 U.S. Route 9W in New Windsor. The sale price was $925.000. The property consists of two buildings with 18,000 square feet total on 3.6 acres. The purchaser was Mid Hudson Films, LLC. John J. Lease…
Read MoreNEW YORK—New York City-based residential brokerage firm Triplemint reported on Feb. 3 it had expanded its operations to Westchester County with the defection of a number of Douglas Elliman agents. Triplemint reported that the Berkowitz Marrone Team led by Owen Berkowitz and Carol Marrone, who were the founding members of Douglas Elliman Westchester, have joined…
Read MoreNEW YORK—Monroe College has introduced its newest degree: BS in Professional Studies, a perfect fit for the adult learner: The BS in Professional Studies program offers a career/college-completer sequence of courses that focuses on the skills that employers require across a broad range of vocations. Courses include those in the chosen concentration, augmented by courses…
Read MorePELHAM—Compass, the real estate technology company, announced recently a new partnership with C.S. McClellan Real Estate, led by Sona Davidian, who maintains the boutique firm's total ownership. Founded in 1878 by the McClellan family, Davidian has owned C.S. McClellan since 1989, when she purchased it directly from the McClellan family. The company has a rich…
Read MoreBRONXVILLE—Concordia College, which was founded 140 years ago, announced today that it will close beginning with the fall semester of 2021 and plans to sell the 28-acre campus to Iona College of New Rochelle. The Concordia Board of Trustees has agreed to proceed on a formal agreement with Iona College to provide continued education for…
Read MoreYORKTOWN—A New Jersey-based real estate development firm has unveiled plans to reposition a mostly vacant shopping center that was anchored by Kmart and Food Emporium here into a new mixed-use development that will feature 150 rental housing units and ground-floor retail. The plan by Oster Properties of Englewood Cliffs, NJ was presented for the first…
Read MoreNEW YORK—SL Green Realty Corp. reported today that Beam Suntory, a world leader in premium spirits, has signed a 99,556-square-foot lease at 11 Madison Ave. for its global headquarters. The 15-year lease covers the entire 12th floor and brings the 2.2-million-square-foot building’s occupancy to 100%. Beam Suntory is relocating its global headquarters from Merchandise Mart…
Read MoreARMONK—One year after joining the Building and Realty Institute as its executive director, Timothy Foley of Scarsdale has been promoted to chief executive officer of the locally-based organization. “BRI has grown as an organization while staying true to our mission to advocate for the best interests of the realty industry to government and the community,…
Read MoreIRVINE, CA—A recently released study has found that pockets of the Northeast, including three counties in the Hudson Valley region, were most at risk to the impacts of the coronavirus heading into 2021. The report released on Jan. 21 by property database curator ATTOM Data Solutions found that 18 of the 50 U.S. counties most…
Read MoreALBANY—The New York State Department of Labor reported on Jan. 21 that the number of private sector jobs in the Hudson Valley fell 74,800 or 9.2% over the year in December 2020. Job losses were greatest in leisure and hospitality (-32,900), educational and health services (-10,900), professional and business services (-8,800), trade, transportation and utilities…
Read MoreWHITE PLAINS—The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, announced recently it had donated a total of $40,000 to 20 charities and non-profit organizations throughout the Hudson Valley and beyond in 2020, despite the COVID-19 pandemic. As it enters its eighth year of fundraising, the foundation is gearing…
Read MoreInitially, the Westchester Realty Board, which was founded in 1916, began publishing printed bulletins in 1926 to its members entitled “Westchester Realtor.” The bulletins later were converted to newspaper format in 1961 and were distributed to the membership that initially covered Westchester County. Below is the introduction to Westchester Realtor by Board Executive Secretary Walter…
Read MoreTo begin 2021, Real Estate In-Depth chose to interview HGAR President Crystal Hawkins Syska who begins her term under unprecedented circumstances with the nation in the grip of a deadly pandemic, a national economic crisis and social and political unrest that will likely shape policy and economic activity for years to come. In recognition of…
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