Residential

HGAR’S Boyland, Stetson Nominated to OneKey MLS Board of Managers Posts

October 24, 2023

FARMINGDALE—OneKey MLS announced on Oct. 23 it completed the annual selection process and had nominated five new Managers to represent stakeholder interests for a two-year term on its Board of Managers. The newly selected Nominees will serve alongside Chairperson Frank DellAccio and Managers Leah Caro, Linda Lugo, Melissa Gomez, and Pati Holmes, together with three…

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Developers, Politicos Cut Ribbon on First Phase of $349-Million Bronx Point Project

October 20, 2023

NEW YORK—Yesterday (Oct. 19) a host of elected officials, hip-hop luminaries and community leaders joined L+M Development Partners, Type A Projects, BronxWorks, and The Hip Hop Museum for a ribbon cutting ceremony to celebrate the opening of the housing and public space components at phase one of Bronx Point, the much-anticipated $349-million mixed-use development on…

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Third Quarter Home Sales Fall Sharply in HGAR Market Area

October 19, 2023

WHITE PLAINS—While Realtors say that home buying demand is still strong, high interest rates and critically low inventory caused residential sale transactions to fall precipitously in the third quarter of 2023. According to the recently released “2023 THIRD QUARTER REAL ESTATE SALES REPORT: Westchester, Putnam, Rockland, Orange, Sullivan and Bronx counties, New York” by the…

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Northeast Existing-Home Sales Rose 4.2% in September; High Demand Sparked 5.2% Price Increase

October 19, 2023

WASHINGTON—Existing-home sales faded in September, the National Association of Realtors announced today. Among the four major U.S. regions, sales rose in the Northeast but receded in the Midwest, South and West. All four regions registered year-over-year sales declines. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—waned 2.0% from August to a…

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Report: NYC Construction Spending to Reach $83 Billion in 2023

October 19, 2023

NEW YORK—The New York Building Congress released its “2023-2025 New York City Construction Outlook Report” on Oct. 18 where it projects that total construction spending in New York City will reach $83 billion in 2023, up $13 billion from last year, adjusting for inflation. The updated spending figure is projected to reach $261 billion over…

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New York Regional Home Price Decreased Slightly Month-Over-Month in September

October 18, 2023

FARMINGDALE, NY— For September 2023, OneKey MLS reported today a regional closed median sale price of $630,000, a 0.80% decrease as compared to the $635,000 reported in August 2023. In a year-over-year comparison, the closed median sale price increased 5.00% from $600,000, reported in September 2022. However, sales transactions and pending residential deals were down…

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RE/MAX Opulent Opens at Palisades Center

October 17, 2023

WEST NYACK— The Palisades Center mall in West Nyack recently announced the grand opening of real estate brokerage firm RE/MAX Opulent on Level One near Best Buy. RE/MAX Opulent is headed by Broker Zulma Valnetin and Vice President of Operations Jian Gonzalez. The brokerage features an experienced and dedicated team of real estate professionals that…

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Politicos, Real Estate Executives Flock to HGAR’s ‘Bronx County Day’

October 16, 2023

NEW YORK—The Hudson Gateway Association of Realtors held its second annual “Bronx County Day” recently that was attended by more than 100 Realtor members and staff, as well as a host of politicians representing the borough, including Bronx Borough President Vanessa Gibson. At the event, held at the Castle Hill YMCA, commercial and residential real…

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2023 THIRD QUARTER REAL ESTATE SALES REPORT Westchester, Putnam, Rockland, Orange, Sullivan and Bronx counties, New York

October 16, 2023

Editor’s Note: The following is the full text version of the 2023 THIRD QUARTER REAL ESTATE SALES REPORT Westchester, Putnam, Rockland, Orange, Sullivan and Bronx counties, New York released recently by the Hudson Gateway Association of Realtors. WHITE PLAINS—The combination of high interest rates and low inventory dampened buyer demand and were the chief causes in…

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NAR Forms New Commission to Address Association Culture

October 12, 2023

By Stacey Moncrieff CHICAGO—The National Association of Realtors announced on Tuesday  (Oct. 10) the appointment of a new commission aimed at developing recommendations for changing NAR’s culture. The 75-member Culture Transformation Commission is made up of both members and association staff. The CTC will hold its first meeting Oct. 19. Formation of the CTC comes…

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Jason Waugh Named President of Coldwell Banker Affiliates

October 12, 2023

MADISON, NJ—Coldwell Banker Real Estate LLC, a subsidiary of Anywhere Real Estate Inc., announced on Oct. 10 that Jason Waugh will serve as President of Coldwell Banker Affiliates, effective immediately. Waugh will lead the Coldwell Banker brand, including brand strategy and positioning, affiliate operations, and franchise sales for its growing network of 100,000 affiliated sales…

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WRO to Hold 55th Anniversary Gala on Nov. 2

October 11, 2023

NEW ROCHELLE—Westchester Residential Opportunities (WRO) will hold its 55th Anniversary Gala on Nov. 2 from 6 p.m. to 9:30 p.m. at the VIP Country Club in New Rochelle. The event is open to all and will include a cocktail hour, dinner and the program. WRO will be honoring two members of the community: Ted Childs,…

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Attorney General, WRO Settle Discrimination Cases Against New Rochelle Real Estate Management Firm

October 11, 2023

NEW YORK—New York Attorney General Letitia James announced an agreement on Oct. 10 with New Rochelle-based real estate company and property manager, Platzner International Group (PIG), its owners Merrick Platzner and Harrin Platzner, and their various properties for denying housing to low-income residents in Westchester County. The Office of the Attorney General, with assistance from…

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Anywhere, RE/MAX in Proposed Settlement Agreements Will Not Require NAR Membership for Brokers/Agents

October 9, 2023

WHITE PLAINS—After brokerage firm Redfin recently announced its intent to leave the National Association of Realtors over sexual harassment allegations that led to NAR President Kenny Parcell’s resignation, comes news that two other major brokerage firms will not require its brokers or agents to be members of the embattled organization as part of settlement agreements…

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