The Hudson Gateway Association of Realtors regrets to inform the membership of the passing of Linda Marie Czubak on Sept. 24th after a three-year long battle with breast cancer at the age of 49. Czubak worked as a real estate agent for 15 years. She attained her license to become a broker and started and…
Read MorePOUGHKEEPSIE, NY—Vassar Brothers Medical Center, broke ground on Sept. 13 on its historic, nearly half-a-billion-dollar construction project: a 696,000-square-foot patient pavilion. “This is so much more than just a new building,” said Ann McMackin, president of the medical center. “It’s a symbol of the renewed economic growth in Dutchess County and the mid-Hudson Valley and…
Read MoreWASHINGTON—Single-family home construction is currently lacking in 80 percent of measured metro areas despite steady job creation and the low activity is creating a housing shortage crisis that is curtailing affordability and threatening to hold back prospective buyers in many of the largest cities in the country, according to new research from the National Association…
Read MoreGOSHEN—Since 1992, the Orange County Partnership has partnered with Leadership Orange, the county’s premier leadership training program, to train new and emerging county leaders. Recently, the Partnership joined with Advance Testing Company to deliver a program that impacts local high school students. On August 2nd and 3rd, students from Middletown High School and the Newburgh…
Read MoreSince winning the County Executive post in the November 2013 election, former Chester Supervisor Steve Neuhaus has tackled some difficult issues. In his first term he has successfully closed significant budget gaps, stabilized county government finances, shepherded the redevelopment of the Government Center in Goshen, which is now under construction, and has taken a very…
Read MoreGREENBURGH—Regeneron Pharmaceuticals, Inc., the fastest growing biotechnology company in the Hudson Valley if not New York State, is moving forward with a phased expansion of its operations that could result in one million square feet of newly developed space in the Town of Greenburgh. Regeneron currently occupies more than one million square feet of leased…
Read MoreThe Hudson Gateway Association of Realtors is launching its new “Breakfast with Benefits” Program to offer HGAR members more free informational forums on topics that will help them in their real estate careers. The first “Breakfast with Benefits” event is set for Thursday, Sept. 29 at 9:30 a.m. at HGAR in White Plains and is…
Read MoreVALHALLA—The Westchester Medical Center Health Network, which is undertaking a $230-million expansion of its facilities at its campus in Valhalla, announced earlier this month that it will be investing more than $170 million in network facilities in Port Jervis and Kingston. “This week, we are delivering on promises we made to our neighbors in Kingston…
Read MoreWHITE PLAINS—The controversial French American School of New York development at the former Ridgeway Country Club in White Plains has taken a dramatic turn. The White Plains Common Council in a 4-3 vote approved a settlement agreement on Sept. 6th that puts litigation on hold in return for the council’s review of a revised plan.…
Read MoreRealtors typically spend a lot of time writing; albeit much of that prose is spent on disclosure forms, e-mails, offers and counter offers. However, at least two Hudson Valley Realtors have taken their experiences to new levels, penning their own novels about life in the fast lane and meshing reality with fiction for some interesting…
Read MoreABC News’ Dan Harris Keynote Speaker TARRYTOWN—Members of the Hudson Gateway Association of Realtors will gather at the DoubleTree Hotel in Tarrytown for its 100th Annual Meeting and Member Appreciation Day on Monday, Oct. 17, from 8:30 a.m. to 5:00 p.m. The event is free for HGAR Members, and is expected to draw more than…
Read MoreDOVER, NY—The long-delayed Cricket Valley electric generating plant to be built in Dutchess County has secured a major investment from funds managed by New York City-based BlackRock. Also, a chief executive with the developer of the $1-billion project in Dover said the firm hopes to close on financing for the energy project in the fourth…
Read More421-a is a concession for multi-family residential buildings in New York City that allows developers to obtain a tax abatement in order to create affordable housing. The abatement freezes taxes for many years in exchange for additional inventory at below market rate rentals. Critics contend the program does not really provide an adequate number of…
Read MoreYONKERS—J. Philip Commercial Group Brokerage of Westchester County announced earlier this month the completed sale of 72 Alexander St. in the City of Yonkers for $1.25 million. The Fondak Family, new owners of the property, plan to convert the more than 10,000-square-foot industrial warehouse facility into a beer distribution center and taphouse tasting room. With…
Read MoreNEW WINDSOR—Real Estate In-Depth recently sat down with Laurence P. Gottlieb, president and CEO of the Hudson Valley Economic Development Corporation based in New Windsor on the grounds of Stewart International Airport to discuss the key strengths of the Hudson Valley region and how HVEDC is looking to grow the regional economy. The HVEDC is…
Read MorePOUGHKEEPSIE—A major shopping center on Route 9 here has changed hands. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners represented the seller in the sale of the Mid Hudson Center in Poughkeepsie for $27.5 million. The team was also responsible for procuring the buyer, TFS Investment Group, directed by Avrohom Schlaff…
Read MoreNEW PALTZ—SUNY New Paltz is the first institution of higher education to be designated a Stratasys-MakerBot Additive Research & Teaching or SMART lab by Stratasys, the largest 3D printer company in the world. The announcement came during an open house for the Hudson Valley Advanced Manufacturing Center in June. “Our designation as a SMART lab…
Read MoreTourism has always been a staple of the Hudson Valley economy. However, two major resort projects are expected to be game-changers for not only the tourism and lodging sectors, but for the regional economy as a whole. The Hudson Valley, already a major tourist destination, could soon become home to two major resort destinations. At…
Read MoreThe health care and education sectors have been key drivers of new jobs in the Hudson Valley region the past few years and all indications are that they will continue to fuel economic growth in the years to come. The health care industry, particularly, has been especially active with major investments and partnerships undertaken recently…
Read MoreAs reported in HGAR’s 2016 second quarter residential real estate sales report, the Hudson Valley continues to experience increased sales volume. This long awaited market condition has produced a five-year high of second quarter sales reaching an overall 23% increase in closings over the same period in 2015. Putnam County, at 32%, had the largest…
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