News

Berkeley College to Consolidate its White Plains Campus to New York City

June 14, 2021

WHITE PLAINS—Berkeley College, a provider of career-focused education since 1931, will consolidate its Downtown White Plains campus at 99 Church St. into its New York City campus by the start of the Fall 2021 semester. Berkeley joins a growing list of colleges that have either closed or reduced operations in the region due to market…

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HG Realtor Foundation Donates More Than $4,000 to Three Local Charities

June 14, 2021

WHITE PLAINS—The Hudson Gateway Realtor Foundation recently donated $4,300 to three local charities in the Hudson Valley. They include: My Sister’s Place in White Plains, Catholic Charities Community Services of Rockland in Haverstraw and the Castle Hill YMCA in the Bronx. For more than 40 years, My Sisters’ Place has been Westchester's pioneering leader and…

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HGAR Meets with U.S. Rep. Ritchie Torres

June 11, 2021

On June 9, approximately 50 people guests gathered at Pasta-Pasta Restaurant in The Bronx to attend a “Meet and Greet” with Congressman, Ritchie Torres (D-15th District). Kathy Zamechansky, a member of The Hudson Gateway Association of Realtors, Bronx Chapter, was one of the lead coordinators of the event and served on the Host Committee. Other…

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Construction Begins on $53M Redevelopment of Tarrytown YMCA

June 10, 2021

TARRYTOWN—A host of state, county and local dignitaries were on hand on June 9 for the groundbreaking for 62 Main, a $53-million affordable housing development in the village of Tarrytown that involves the adaptive reuse of the historic YMCA facility. The development will also entail the construction of an additional building to create 109 affordable…

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Report: Bronx Hit Hard by COVID-19 Pandemic Begins Long Road to Recovery

June 10, 2021

NEW YORK—The COVID-19 pandemic hit the Bronx harder than any other borough, according to an economic analysis released on June 8 by New York State Comptroller Thomas P. DiNapoli. As vaccinations rise and restrictions ease, the Bronx has begun to repair the significant economic damage caused by the coronavirus that included a nearly 25% unemployment…

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Mount Kisco-Based Café Realty Joins McGrath Realty

June 9, 2021

MOUNT KISCO—Locally-based Cafe Realty has teamed up with commercial, land development and luxury brokerage, McGrath Realty Inc. After eight years in business the community-focused Cafe Realty will use their strengths, talents and skills to become the new face of McGrath Realty Inc’s residential services operations, company officials stated. Café Realty will take on the new…

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Sen. Harckham's Wetlands Protection Bill Passes State Senate

June 9, 2021

ALBANY—The New York State Senate approved legislation (S.5116C) on June 8 introduced by State Senator Pete Harckham (D-40th District) geared at protecting and regulating freshwater wetlands in the state. The measure still must secure approval from the New York State Assembly. “Because of a patchwork of federal and state regulations, freshwater wetlands in New York…

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Feinberg Could Become First Woman to Serve as MTA Board Chair

June 9, 2021

ALBANY—In a shakeup of the leadership of the Metropolitan Transportation Authority, New York Gov. Andrew M. Cuomo announced on June 8 the nomination of Sarah E. Feinberg as Board Chair and the appointment of Janno Lieber as the CEO of the New York MTA. Pat Foye, who has led the agency as president as well…

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DeCicco & Sons Project at Edge-on-Hudson to Break Ground Later This Year

June 8, 2021

SLEEPY HOLLOW— Construction on a new 30,000-square-foot DeCicco & Sons market at the Edge-on-Hudson in Sleepy Hollow is set to begin later this year. The Village of Sleepy Hollow Planning Board recently approved plans for the market, which will include a second story glass-enclosed beer and wine café, oriented towards the Hudson River. An adjacent 10,000…

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A.S.A.P. Mortgage Opens New Branch in Orange County

June 4, 2021

CENTRAL VALLEY—A.S.A.P. Mortgage Corp. CEO and Founder Irene Amato has announced that the mortgage brokerage firm has opened its newest branch here on Route 32. A.S.A.P. Mortgage’s new Orange County branch at 237 Route 32 opened its doors on June 3 and will offer a full array of mortgage products, the most competitive rates and…

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White Plains Hospital Opens $272M Outpatient Facility

June 3, 2021

WHITE PLAINS—There are few positive things people can point to during the coronavirus pandemic. On June 2, a host of political dignitaries, hospital executives and hundreds of staff celebrated the completion of a $272-million project that serves as a concrete testament to the courage and dedication of White Plains Hospital workers and the construction workers…

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Howard Hanna | Rand Realty Opens New Office in Morris Plains, NJ

June 1, 2021

MORRIS PLAINS, NJ—Howard Hanna | Rand Realty announced on June 1 the opening of its new office in Morris Plains, NJ at 374 Speedwell Ave. Company officials said the opening marked the continued expansion for the brokerage firm in the New York/New Jersey market. “Howard Hanna | Rand Realty is making a tremendous effort to…

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Indian Point Energy Center’s Sale To Decommissioning Firm Finalized

June 1, 2021

BUCHANAN—The nuclear age in Westchester County and the Hudson Valley officially ended late last month with the sale of the Indian Point Energy Center in Buchanan by Entergy Corp. to decommissioning firm Holtec International. On May 28, Entergy announced it had completed the sale of the Indian Point complex to subsidiaries of Camden, NJ-based Holtec…

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Ramapo Based CRE Firm Pays $88M for New Jersey Office Complex

May 27, 2021

RAMAPO—Locally-based commercial real estate services firm Northeast Capital Group has acquired Woodbridge Corporate Plaza, a six-building Class A office complex in Iselin, NJ for $88 million. The property, which includes 629,189 square feet of office space, was sold by KBS, an Iselin, NJ-based commercial real estate investment firm. Newmark represented KBS in the transaction KBS…

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Hudson Valley Region’s Jobless Rate Falls to 5.3%

May 26, 2021

ALBANY—The Hudson Valley region continues to show signs of recovery from the coronavirus pandemic. The unemployment rate for the Hudson Valley region fell from 6% in March to 5.3% in April, according to figures released by the New York State Department of Labor. April 2021’s unemployment rate was down significantly from a year earlier during…

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New York State’s $2.7 Billion Rental Assistance Program Begins June 1

May 26, 2021

ALBANY—New York Gov. Andrew Cuomo announced on May 25 that the state’s $2.7 billion emergency rental assistance program for struggling New Yorkers impacted by the COVID-19 pandemic will begin on June 1 when applications for funding will first be accepted. He also announced that online applications for $800-millon in small business recovery grants will be…

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