In January, existing-home sales in the Northeast fell 5.7% from December to an annual rate of 500,000, up 4.2% from January 2024.
Inventory for almost all property types declined in all regions in January, but Rockland County saw a huge co-op inventory gain of 63.6% and 29.9% for condos.
The foundation’s 2024 events included a series of popular Pub Nights in various locations throughout the Bronx and Hudson Valley, its popular “Dancing with the Foundation” dance competition gala, individual donations, and corporate sponsorships
NYPA will construct the first major commercial office building in Westchester County in nearly a half-century.
HGAR strongly opposes Good Cause Eviction, arguing it limits landlords' ability to manage properties. Automatic lease renewals, rent restrictions, and legal hurdles could discourage investment, shrink rental inventory, and raise costs for both landlords and tenants.
According to the unofficial election results from the Westchester County Board of Elections, Jenkins garnered 64% (57,590 votes) to Sculti’s 36% (32,956 votes) with 100% of the votes counted.
Sejdi noted that HGAR will be implementing the key initiatives in the association’s Strategic Plan, which was worked on and completed in 2024.
Weisz noted that in the past 15 years, the county’s office market has been reduced from 35 million square feet to approximately 26 million square feet.
One of the report’s major findings is that new multifamily housing development has not resulted in spikes in student enrollment in impacted school districts.
Gov. Hochul said the current limit of $10,000 on state and local taxes in New York State costs New Yorkers up to $12 billion a year.
“The top driver of our affordability crisis is the rising cost of rent and mortgages, and New Yorkers need our help.”
Rates at 6% are the new normal, and from a historical perspective they’re completely fine, especially given the strength of the economy and inflation adjusted wage gains over the past few years.
“The cost of living is just too damn high — especially when it comes to the sky-high rents and mortgages New Yorkers pay every month,” Gov. Hochul said.
Phase Two is to include 450 units of permanently affordable rental housing adjacent to the armory
A federal judge on Jan. 3 denied New Jersey’s attempt to stop or stall the launch of the congestion tolling plan two days later.
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