News

OneKey MLS Relaunches Enhanced OneKeyMLS.com Website

September 14, 2023

NEW YORK—OneKey MLS announced on Thursday, Sept. 14 it had launched an enhanced version of OneKeyMLS.com, the consumer property search portal offering property listings in New York City, Long Island and the Hudson Valley region from 49,000 subscribers and 4,500 participating offices in the New York regional coverage area. The new site features more in-depth…

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$51 Million Affordable Housing Project Opens in Peekskill

September 12, 2023

PEEKSKILL—State and local officials joined the developer on Sept. 11 to celebrate the completion of a $51-million affordable housing project in Downtown Peekskill. The 645 Main St. development includes 82 apartments affordable to households earning between 40% and 80% of the Area Median Income, and a 140-space parking garage. The developers are the Housing Action…

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Construction Continues; Buyer Demand Strong at Edge-on-Hudson Development

September 8, 2023

SLEEPY HOLLOW—The mixed-use Edge-on-Hudson community being built at the former site of a General Motors minivan assembly plant on the shores of the Hudson River has achieved a series of construction and sales milestones as the project enters new project phases of development. Project developers noted that it has been four years since home sales…

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Mortgage Applications Fall to Lowest Level in 28 Years

September 7, 2023

WASHINGTON—The Mortgage Bankers Association reported on Sept. 6 that mortgage applications decreased 2.9% from one week earlier, according to data from the association’s Weekly Mortgage Applications Survey for the week ended Sept. 1, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.9% on a seasonally adjusted basis from one week…

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$37-Million Newburgh Affordable Housing Project Completed

September 7, 2023

NEWBURGH—New York State, county and city officials announced on Sept. 6 the completion of the $37-million East End II affordable housing project in the City of Newburgh. The East End II project has encompassed the renovation or construction of 24 properties and created 62 affordable homes, including 10 units with supportive services. The project also…

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Report: COVID-19 Worsened NYC’s Property Tax Disparity

September 7, 2023

ALBANY—The COVID-19 pandemic has caused property tax disparity to worsen in New York City, driving housing costs higher for many, according to a report released on Sept. 6 by New York State Comptroller Thomas P. DiNapoli. Property tax disparities have been well documented for decades by advocates, fiscal monitors and the city, but the report…

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HGAR Realtor Raises Almost $3K for Charity in Colorado Gravel Bike Ride

September 5, 2023

Matt McAllister, an agent with Corcoran Baer & McIntosh in Nyack and COO at Statewide Abstract, has raised almost $3,000 to date for the Hudson Gateway Realtor Foundation, through his recent 142-mile Steamboat Gravel Bike Race in Steamboat Springs, Colorado. To date, McAllister’s GoFundMe page has garnered $2,706 in donations and it will remain open…

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In Memoriam: Veteran Realtor, Association Executive Don Cummins III

September 4, 2023

The Hudson Gateway Association of Realtors regrets to inform its membership of the tragic passing of real estate veteran, HGAR member, association executive and attorney Don Cummins III on Friday, Sept. 1 at the age of 54. Cummins was previously the Team Leader at Keller Williams Realty Partners of Baldwin Place and formerly served as…

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Construction to Begin This Fall on $350-Million Movie Studio at Pier 94 on Manhattan’s West Side

August 30, 2023

NEW YORK—The developers of the long-anticipated movie/television studio project at Pier 94 on Manhattan’s West Side say that construction is expected to begin this fall on the $350-million, public-private partnership venture. On Aug. 29, Vornado Realty Trust, Hudson Pacific Properties, Blackstone, the City of New York, and the New York City Economic Development Corporation announced…

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NAR President Parcell Resigns Amid Sexual Harassment Allegations

August 29, 2023

CHICAGO—Two days after a New York Times report that detailed claims of sexual harassment against National Association of Realtors President Kenny Parcell, the Utah-based Realtor executive, while denying the allegations, resigned from the post on Monday (Aug. 28) effective immediately. President-Elect Tracy Kasper took over as NAR President effective immediately. The allegations and subsequent fallout…

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Mark Seiden Real Estate Team Joins Howard Hanna | Rand Realty

August 25, 2023

BRIARCLIFF MANOR—Howard Hanna | Rand Realty announced on Aug. 24 that the “Mark Seiden Real Estate Team,” of Briarcliff Manor has joined the regional brokerage firm. The deal marks the addition of another independent Westchester County-based real estate brokerage to the Howard Hanna | Rand Realty firm. Back in May, Howard Hanna | Rand Realty…

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Existing-Home Sales in the Northeast Declined Nearly 6% in July

August 23, 2023

WASHINGTON—Existing-home sales receded in July, according to the National Association of Realtors. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, waned 2.2% from June…

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HGAR Celebrates All That is Westchester County

August 22, 2023

WHITE PLAINS—The Hudson Gateway Association of Realtors shined the spotlight on Westchester County on July 24 with a highly informative program that highlighted the latest in economic development, politics, as well as updates from HGAR on a host of its initiatives that impact Westchester County and its real estate market. The program was the second…

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New State Capital to Relocate Headquarters to New Rochelle

August 21, 2023

NEW ROCHELLE—Houlihan Lawrence Commercial, a division of Houlihan Lawrence, announced on Aug. 21 it had brokered a 12,600-square-foot office lease with New State Capital Partners at 270 North Ave. in New Rochelle. The tenant, New State Capital Partners, a private investment firm, is relocating its corporate headquarters from 2001 Palmer Ave. in Larchmont to New…

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NAR’s Yun to Speak At RPAC Event, Oct. 10

August 21, 2023

WHITE PLAINS—The Hudson Gateway Association of Realtors will be hosting National Association of Realtors Chief Economist Dr. Lawrence Yun for a special RPAC Breakfast on Oct. 10 beginning at 8:30 a.m. Dr. Yun will provide an economic update, and the current state of the national, state and local housing market. In addition, he will share…

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Pfizer Division Renews, Expands Lease at Hudson Valley iCampus

August 17, 2023

PEARL RIVER—A division of pharmaceutical firm Pfizer Inc. has signed a lease renewal and expansion totaling more than 151,000 square feet of space at the Hudson Valley iCampus here. The deal announced by the ownership of the Hudson Valley iCampus involves PGS (Pfizer Global Supply) Division, which has expanded and renewed space at the property…

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