TOWN OF WALLKILL–A crowd of 350 business, civic and political leaders from Orange County and the Hudson Valley were on hand on June 7 for the Orange County Partnership’s Annual Most Valuable Partner award presentation at the Barn at Villa Venezia in the Town of Wallkill. This year, the economic development organization honored Town of…
Read MoreNEW YORK—On June 7, New York Gov. Kathy Hochul signed legislation (S.4937C/A.6262B) to create more flexible rules for converting underutilized hotel space into permanent housing. Gov. Hochul signed the bills with New York State Senator Brian Kavanagh, New York City Mayor Eric Adams, and housing and labor advocates at an event held at 633 Third…
Read MoreNANUET—Matt Rand, CEO and President of Howard Hanna | Rand Realty, has been recently appointed to the Board of Directors of the Mid-Hudson Regional Economic Development Council. Rand becomes the first real estate professional to sit on Mid-Hudson Regional Economic Development Council (MHREDC) Board. MHREDC is the strategic economic advisory board representing the seven counties…
Read MoreGARDEN CITY, NY—Stark Office Suites has announced its acquisition of Champion Office Suites of Garden City. With the deal in Nassau County, Stark Office Suites now operates 12 executive office suite locations in the New York metropolitan area. Stark Office Suites, which began operations in 2004 and is headquartered in White Plains, saw the opportunity…
Read MoreGOSHEN—The Orange County Partnership announced on June 1 that Conor Eckert, the Senior Development Officer and Vice President of Business Attraction for the Orange County Partnership, has received the coveted “Rising Star” award from the New York State Economic Development Council (NYSEDC). The award was presented to Eckert, who joined the Orange County Partnership in…
Read MoreFirst Economic Hub to Be Established in the Bronx NEW YORK – New York City Mayor Eric Adams laid out a plan to use the city’s zoning tools to support small businesses, create affordable housing and promote sustainability—part of his vision for New York to become a more inclusive, equitable “City of Yes.” The plan,…
Read MoreALBANY—New York City lags behind the rest of the state and nation in regaining the jobs lost from the onset of the pandemic in March and April 2020, according to an analysis on the city’s labor force released by New York State Comptroller Thomas P. DiNapoli on May 31. By March 2022, the city recovered…
Read MoreTARRYTOWN—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…
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