The 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…
Read MoreRYE BROOK– The Business Council of Westchester became the latest organization to decry a U.S. Coast Guard proposal to locate new anchorages for commercial vessels along the Hudson River. The U.S. Coast Guard is considering the adoption of a new rule that would establish new anchorage grounds for commercial vessels along the Hudson River at…
Read MoreIn speaking with many of our members over the years, I have always been perturbed by the fact that many of us forget or are unaware that HGAR offers more tools to its members than simply our Multiple Listing Service. Don’t misunderstand me, our MLS is vital and often central to our ability as real…
Read MoreKIRYAS JOEL—Representatives of the Village of Kiryas Joel announced a plan earlier this week to begin a petition drive that would seek to have the Orange County Legislature approve the formation of the new Town of North Monroe, which would consist of the existing Kiryas Joel community and reportedly an additional 382 acres outside of…
Read MoreMIDDLETOWN—Orange County Trust Company announced recently it changed its name to Orange Bank & Trust Company. With the new name change and signage comes word from bank officials that the bank plans to continue to grow its operations in the region. The name change supports the bank’s strategic plan to remain independent, position itself for…
Read MoreWHITE PLAINS—The popular lore for some time among many real estate professionals and most media pundits is that Millennials are shunning the suburbs and instead are flocking to major cities in search of collaborative office space and rental housing in a “24-7 live-work environment.” A report appropriately entitled “Myth Buster: Young Americans Do Like The…
Read MoreThe Business Council of Westchester’s Third Quarter 2016 edition of 914INC. magazine has an editorial entitled “Big Ideas From Small Businesses” and a special feature saluting small business in Westchester County. 914INC. Executive Editor Amy Partridge spelled out the reasons for featuring these businesses, and stressed the importance of small businesses in our daily lives,…
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