GOSHEN—Orange County Executive Steven Neuhaus has announced that the county will be holding an Economic Summit on Friday, Sept. 30th at SUNY Orange in Middletown. The theme of the 2022 Orange County Economic Summit will be “Positive Growth and Infrastructure: Progress Today and Planning Tomorrow.” The Economic Summit will bring together key stakeholders, including elected…
Read MoreALBANY—A group of four business, labor, construction trades and energy organizations have developed seven principles the state should follow to address what they say are shortcomings of the current version of the Scoping Plan drafted by the New York State’s Climate Action Council (CAC). The Independent Power Producers of New York, The Business Council of…
Read MoreNEW YORK—With rising interest rates, historic inflation and global economic uncertainty, all eyes are on commercial real estate. What will this mean for demand and value? Will commercial real estate remain a hedge against inflation? What’s next for the New York market? The Fordham Real Estate Institute and The Business Council of Westchester will bring…
Read MoreWHITE PLAINS—New York Gov. Kathy Hochul announced on Aug. 18 the completion of a $36-million rehabilitation of Kingsley House, an affordable housing development for seniors in the City of White Plains. The renovations at the Mitchell-Lama complex upgraded apartment at 41 Barker Ave. upgraded amenities and will improve the building's safety, promote energy efficiency, and…
Read MoreWHITE PLAINS—Richard Haggerty, CEO of the Hudson Gateway Association of Realtors, Inc. (HGAR) and President and Chief Strategic Growth Officer of OneKey MLS, has been selected to participate in RISMedia’s prestigious 2022 CEO & Leadership Exchange in Washington, D.C. The renowned educational and networking event—scheduled for Sept. 6-8—brings together the residential real estate industry’s top…
Read MoreMIDDLETOWN—The Marriott Courtyard and Hampton Inn hotels on Crystal Run Crossing off Exit 120 of Route 17 in Middletown have been sold for $34 million. Brokerage firm Marcus & Millichap reported that the two properties, which combined total 261 rooms, were sold by a limited liability company to a regionally based buyer. Marcus & Millichap…
Read MoreWASHINGTON— Pending home sales declined for the second consecutive month in July, and for the eighth time in the last nine months, according to the National Association of Realtors reported today. Three out of four major regions registered month-over-month decreases, though the West notched a minor gain. Year-over-year, all four regions saw double-digit percentage slides,…
Read MoreRYE BROOK—In 2001, Dr. Marsha Gordon took the reins of The Business Council of Westchester. In those more than 20 years, she has increased the organization’s membership and elevated its reputation as a respected business advocacy organization not only in Westchester, but in the Hudson Valley and throughout the state. With the specter of a…
Read MoreWASHINGTON—Existing-home sales fell for the sixth straight month in July, the National Association of Realtors reported on Aug. 18. All four major U.S. regions recorded month-over-month and year-over-year sales declines. A highlight of the report was NAR Chief Economist Lawrence Yun’s assessment of a “housing recession” in several segments of the residential market in the…
Read MoreJERSEY CITY, NJ—Howard Hanna | Rand Realty announced on Aug. 17 the acquisition of Allure Realty located at 930 Newark Ave. #326, Jersey City NJ, which continues its expansion in the Garden State. “The acquisition of Allure Realty and having a new office in Journal Square is a terrific opportunity for our company. As we…
Read MorePEARL RIVER—In a deal recently announced by New Jersey-based brokerage firm The Kislak Company, Inc. a three-property multifamily portfolio in Nanuet and Pearl River in Rockland County has traded for $19.2 million. The portfolio includes Buckingham Gardens with 64 units at 249 North Middletown Road in Nanuet, Henry Street Apartments with 18 units at 31-33…
Read MoreWHITE PLAINS, NY – Trinity Financial joined White Plains Mayor Thomas Roach and the White Plains Housing Authority on July 21 to celebrate the official ribbon cutting for The Overture at Brookfield Commons—which represents the second phase of redevelopment of the former city public housing project Winbrook Houses. The Overture at Brookfield Commons consists of…
Read MoreNEW YORK—The Federal Reserve Board’s campaign to slow down the economy via rate hikes has accomplished its mission in most segments of the real estate market, according to a panel of real estate, finance and economic leaders assembled by the Fordham Real Estate Institute. While they don’t see many investors “hitting the panic button” they…
Read MoreNANUET—A group of Rockland County politicians, including County Executive Ed Day, slammed the controversial Congestion Pricing Plan released by the MTA and other transit agencies yesterday. At a press conference staged at the Nanuet train station on Wednesday, Day, State Assemblyman Michael Lawler, MTA Board Member Frank Borelli and 38th State Senate District Candidate Bill…
Read MoreWHITE PLAINS—Westchester County Executive George Latimer announced on Aug. 9 the county had established a $10-million fund for small landlords to make repairs on their apartments with the proviso that they maintain affordable rent levels at their properties. The Landlord Tenant Assistance Program will allow small landlords who own eight units or less, who maintain…
Read MoreThe Hudson Gateway Association of Realtors regrets to inform its membership of the passing of longtime Westchester commercial real estate owner and developer Allan Eisenkraft on Aug. 5, 2022, at the age of 86 in Ridgewood, NJ. Eisenkraft was a longtime member of the association’s Commercial Investment Division and was a staple at CID meetings…
Read MoreWHITE PLAINS—The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, donated $12,500 to seven Hudson Valley charities during the second quarter of 2022. Most recently, HGRF presented a $2,500 check to Green Chimneys in Brewster. Founded in 1947 and headquartered on a farm and wildlife center, Green Chimneys is…
Read MoreEAST HANOVER, NJ—Howard Hanna | Rand Realty has announced the opening of its newest office in East Hanover, NJ, located at 460 Ridgedale Ave. Howard Hanna | Rand Realty already has a solid in-town presence, with highly skilled agents who are local experts, including The Kirkwood Group and The Palianto Team. Both teams are already…
Read MoreRHINEBECK—Residential brokerage firm Brown Harris Stevens announced on Aug. 2 the official opening of its new Rhinebeck office at 18 Garden St. with a launch party. Those in attendance included Brown Harris Stevens CEO Bess Freedman, Rhinebeck Executive Director of Sales Lisa Fountain, Chief Operating Officer Doug Williford, Hudson Executive Director of Sales Nancy Felcetto,…
Read MoreWARWICK—Better Homes and Gardens Real Estate LLC recently announced the affiliation with the Green Team in Warwick, which expands the brand’s service area in the Hudson Valley and Sussex County, N.J. The firm, which now operates as Better Homes and Gardens Real Estate Green Team, is led by second-generation broker Geoff Green and president, Vikki…
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