The New York State Energy Research & Development Authority (NYSERDA) faces a major decision that could greatly impact all of New York’s economic recovery from COVID. Several energy and transmission developers are competing for a NYSERDA energy program with varying amounts of in-state investment. The choice is clear: Go big and choose New York jobs.…
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On April 12, 2019 the Lawful Source of Income Non-Discrimination Act of 2019 was signed into law by Gov. Andrew Cuomo. Although that has been more than two years ago, it seems quite apparent that many in our industry have yet to wrap their minds around what it really means. Just the other day sitting…
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To say that June 30, 2021 is going to be a bittersweet day for not just me, but for all of the members of HGAR, is an understatement, as that is the day that Ann Garti formally retires from HGAR. Ann’s career spans 40 years of service for the Realtor organization, and during that time…
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The Westchester County co-op transparency bill has finally had a public hearing. The number of speakers who came out in support of the bill outnumbered the naysayers by a 3 to 1 margin. The arguments against the bill were ones we had heard many times before and easily disputed. Opponents said that the bill, if…
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As a kid I was not a big fan of roller coasters. They were scary and unpredictable, so they had no allure for me. As an adult I started to appreciate them a little more. The drama of the slow ascent that gradually reaches the peak and starts the downward plunge with increasing speed usually…
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“So how is the market?” I actually don’t quite know how to answer that question anymore. I am wondering if you feel the same way? The competitive offer situations, the New York flight, 30-minute wait times to get into open houses, what is the world coming too! What I also find emerging is the intensity…
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At the federal level Realtors have won a huge victory. The CDC moratorium on evictions, which has caused people to avoid paying rent, has been struck down. The decision does not affect the moratorium in New York State. This will still go through the appeals process, but for now it is the beginning of a…
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According to the Hudson Gateway Association of Realtors First Quarter 2021 Market Report, “Residential home sales in the lower Hudson Valley for the first quarter of 2021 were staggering, even to anyone regularly monitoring sales activity. The residential market is normally cyclical with seasonal low sales in the first quarter as sellers begin to prepare…
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April showers bring May flowers is a nursery rhyme many of us may know from our youth. But the month of April means even more than that for those of us in the real estate industry. For one, it means being in the throes of the spring market. This season is an intense one! Highest…
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For me it’s not easy keeping things in perspective, especially when it comes to politics. I tend to view things in black and white and not the more nuanced grays that typically color the world of Washington, D.C. and Albany, and I also tend to focus on short-term results instead of long-term outcomes. One of…
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It is April, which means it is the state budget deadline. The budget was already a few days late when it was passed by the state legislature on April 7th. Items that HGAR was opposing appear to have been taken out of the budget. Essentially, real estate did not take a hit in the budget.…
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I’ve been listening to a lot of reflections about our lives one year ago this March and what has transpired since. It was a year ago this very week that the HGAR staff went virtual and I left my office in White Plains thinking life would likely return to normal in a month or two.…
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The best edge-of-your-seat thrillers have that moment when the main character walks into a situation that, as the observer, you clearly see they are stepping into danger. If you are like me, I am yelling at the screen, “You nut job, you are about to get killed! Can’t you see that!” You know what I…
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How does a small business in a small community handle Cancel Culture? As someone who expresses opinions freely on social and traditional media, I come face-to-face with these concerns as do many community leaders. Here’s a personal story that seems pertinent. The last week in August 2020, I tested positive for COVID-19 and spent two…
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The American Rescue Plan, as it is known, has passed Congress. It is a necessary package with lots of provisions. The price tag is $1.9 trillion. The plan includes money for state and local governments, along with money for the MTA ($6.5 billion). The money for New York State and local government ($23.8 billion) is…
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The Enhanced STAR program for seniors (65+) is under attack again in the governor’s proposed budget. This could negatively impact seniors who qualify for the program. In Gov. Andrew Cuomo’s proposal he would move new homeowners aged 65 and over to a tax credit check instead of an upfront savings on their tax bill. This…
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Famed American Bandstand host Dick Clark once clarified his multi-decade influence over the music industry. “I don’t set trends,” he offered, “I just find out what they are and exploit them.” Much the same can be said of Westchester County, where the area’s changing real estate landscape is more a reflection of emerging national and…
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I begin this article with a confession. Until the most recent advertising campaign from the National Association of REALTORS®, the “That’s Who We R” campaign, I was not a big fan of the previous NAR public image campaigns. I thought Ty Burrell did an excellent job playing the fictional character Phil Dunphy on Modern Family.…
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This devastating pandemic has resulted in so many lives lost, others negatively impacted, and businesses have taken a wallop. Landlords are struggling to fill spaces being left empty by businesses closing their doors. Each day yet another business announces that they are closing due to COVID-19. Life will go on despite the terrible heartbreak, physical…
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When I was dating my better half, we spent a lot of time at Gedney Park in Chappaqua with his three daughters, ages 12, 10 and 7 at the time. We loved getting nets and trying to catch tadpoles and water snakes and little lizards that frequent the pond, as well as racing up and…
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