News

A.S.A.P. Mortgage’s Nunez Named ‘Rookie of the Year’

November 11, 2016

NEW ROCHELLE— The NAHREP Westchester Bronx chapter honored A.S.A.P. Mortgage’s Dulce Nunez at its Awards Gala on Nov. 10 at the Glen Island Harbour Club here. Nunez was awarded the Rookie of the Year award. The entire staff of A.S.A.P. Mortgage was present to celebrate the accomplishment. “Rookie of The Year” is awarded to the…

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Hudson Gateway Realtor Foundation Presents Donation Check to Furniture Sharehouse

November 10, 2016

The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, recently presented a check for $2,000 to Furniture Sharehouse in White Plains. Furniture Sharehouse provides free furniture to economically disadvantaged individuals and families living in Westchester County. Furniture Sharehouse is one of 17 local Hudson Valley charities benefitting from Hudson…

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HG Realtor Foundation to Host Holiday Party on Dec. 6

November 7, 2016

WHITE PLAINS—The Hudson Gateway Realtor Foundation will host a Holiday Celebration on Tuesday, Dec. 6 from 6 p.m. to 10 p.m. at the Westchester Hills Golf Club in White Plains.  The event will include a one-hour open bar, appetizers, buffet dinner, DJ and dancing. In addition, attendees will have the chance to win some great…

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BARRISTER'S BRIEFING: Update on Facebook Advertisement Targeting

November 7, 2016

All real estate Licensees are cautioned to strongly adhere to all federal, state and local laws pertaining to Fair Housing protections. Realtors have an additional duty to comply with Article 10 of the REALTOR Code of Ethics which states in part: “REALTORS® shall not deny equal professional services to any person for reasons of race,…

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Astorino Proposes P3 Long-Term Lease Deal With Oaktree to Manage Westchester Airport

November 7, 2016

WHITE PLAINS—Westchester County Executive Robert Astorino has proposed a plan to implement a public-private partnership (P3) whereby Oaktree Capital Management, L.P. would manage operations at Westchester County Airport under a 40-year-lease deal. The long-term lease deal, if approved by the Westchester County Board of Legislators, would save taxpayers more than $140 million, improve the overall…

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William Raveis Legends Realty Acquires Tarrytown Brokerage Firm

November 4, 2016

TARRYTOWN—William Raveis Legends Realty Group has acquired Hudson Homes Sotheby’s International Realty, increasing its presence in the key Rivertowns market of Tarrytown. William Raveis Legends is shifting its existing Tarrytown offices across the street to the larger Hudson Homes space at 38 Main St. The merger now brings the brokerage firm’s agent roster to more…

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NAR Approves HGAR Merger With Manhattan Association of Realtors

November 3, 2016

WHITE PLAINS—The Hudson Gateway Association of Realtors reports that the National Association of Realtors has approved its proposed merger with the Manhattan Association of Realtors (MANAR). Richard Haggerty, CEO of the Hudson Gateway Association of Realtors, told Real Estate In-Depth that NAR approved the merger deal on Wednesday, Nov. 2. The merger, which becomes effective…

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EXCLUSIVE: Legoland Project Could Receive Another $6 Million from NY State

November 2, 2016

ALBANY—The proposed $500-million LEGOLAND New York project in Goshen could garner an additional $6.29 million in state funding, bringing the total incentive package through the state’s Consolidated Funding Application (CFA) program to $10.39 million. On Tuesday, Nov. 1, representatives of the Mid-Hudson Regional Economic Development Council presented this year’s proposals for CFA Funding to the…

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NJ-Based HomeBridge Financial to Purchase Operating Assets of Prospect Mortgage

November 1, 2016

ISELIN, NJ—HomeBridge Financial Services, Inc., a national independent mortgage lender based here, announced on Nov. 1 the signing of a definitive agreement to purchase the operating assets of Prospect Mortgage, LLC from Prospect Holding Company, LLC. The asset purchase consists primarily of the loan production platform. As a result, HomeBridge will become one of the…

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LEGISLATIVE AFFAIRS: Key Fixes Needed for the Housing Market

November 1, 2016

There are many headwinds facing the overall housing market in New York State. Some of them are high property taxes, strict land use regulation, and difficulty saving for a down payment.  Student debt has also been a big factor in preventing a boom in the housing market. What can be done to address some of…

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BH&G Rand Realty Opens New Office in Bronx

November 1, 2016

NEW YORK—Better Homes and Gardens Rand Realty held an official ribbon cutting ceremony on Oct. 25 for its new Bronx office on East Tremont Avenue. A host of dignitaries attended the event at Rand Realty’s new office at 3432-06 East Tremont Ave. The brokerage firm’s new location, which opened back in May, hosts 15 agents.…

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Mayor Thomas Says Mount Vernon is Working its Way Back

October 27, 2016

WHITE PLAINS—In his first appearance before the Hudson Gateway Association of Realtors’ Commercial Investment Division, Mount Vernon Mayor Richard Thomas gave an ambitious, but at the same time pragmatic view of the City of Mount Vernon’s future. The mayor spoke before a gathering of approximately 75 CID members and guests at the HGAR offices in…

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Pattern for Progress Report Cites Factors For Rockland’s ‘Crushing’ Tax Burden

October 26, 2016

PEARL RIVER—A report commissioned by the Rockland Business Association and authored by Hudson Valley Pattern for Progress blames a myriad of issues, including public service salaries, for Rockland County’s high tax burden. The Newburgh-based research and policy organization in a report entitled “A Crushing Burden: Why is Rockland County So Heavily Taxed?” blames high public…

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Realtors Author Books on Keys to Healthy Living and Long Life

October 26, 2016

Karen Mayo of Exit Realty in Elmsford and Gwen Weiss-Numeroff of Keller Williams Hudson Valley Realty in New City have more in common than just selling real estate—they have both authored books about staying healthy and living a long life. A Realtor since 2013, Mayo worked in banking and mortgage financing with firms like Wells…

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Striving to Improve the County’s Fiscal Outlook and Quality of Life

October 25, 2016

A Conversation with County Executive MaryEllen Odell CARMEL—Putnam County’s continued push to foster economic development and tourism continued in 2016 with a host of ambitious initiatives, including the continued improvements at the county-owned Putnam County Golf Course, the redevelopment of the storied Tilly Foster Farm and an initiative with the City of Danbury that could…

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Tourism Opportunities Abound in Putnam County

October 24, 2016

Putnam County is quietly positioned between Dutchess County to the north and Westchester County to the south; bordered by the Hudson River to the west, and Connecticut’s Fairfield County to the east. Nestled in the heart of the Hudson Valley, and just sixty-miles north of Manhattan, Putnam County is the perfect place to live, work…

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Classes Begin at Tilly Foster Educational Institute in Carmel

October 24, 2016

CARMEL—On Tuesday, September 13th, Putnam County Executive MaryEllen Odell and Dr. James M. Ryan, District Superintendent and Chief Executive Officer, Putnam | Northern Westchester BOCES, officially opened the new Tilly Foster Educational Institute with a ribbon cutting ceremony. Attendees of the event were taken on a tour of the facility’s state of the art test…

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Trades Union Buys Putnam County Property for Training Center

October 24, 2016

BREWSTER—For years officials with Laborers Local No. 60 of Hawthorne had to be creative when trying to secure space to train its membership, using other trade union facilities and sometimes even vacant parking lots for classrooms and field training. That was until they found a home in Putman County. Real Estate In-Depth visited Laborers Local…

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Airbnb Sues NY State Over NY Law Regulating NYC Rentals

October 24, 2016

NEW YORK—Shortly after Gov. Andrew Cuomo signed legislation that would impose fines of up to $7,500 on hosts of rental housing portal Airbnb that break state and local housing regulations, Airbnb filed a federal lawsuit on Friday Oct. 21 to overturn the legislation. According to a report in the New York Times, Airbnb contends in…

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