On June 12, the Zoning Board of Appeals rejected an application for a height variance on the project by a 4-0 vote.
The significant shelter component, comprising more than one-third of the measure's weight, increased by 3.9%. If shelter inflation were to ease to 2% or even 3%, overall inflation would already be at a comfort point for the Federal Reserve.
Small investors purchased 361,900 homes in 2024, a 3.7% year-over-year increase, while large investor purchases decreased by 8.7% to 132,500 homes, the lowest level since 2018.
“This year you will hear me speak about ‘Stronger Together’ because that is what we are. We are stronger together,” Bauman told the Installation Gala event gathering.
Of the total 23 million square feet of available office space in the county, approximately 6.0 million square feet is vacant, which calculates to about a 26% countywide office vacancy rate.
One promising theory being discussed by some real estate analysts and something Fernandez advised Realtors to watch for in 2024 is a possible “Silver Tsunami” of retiring Baby Boomers who will be putting their homes on the market.
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
The Regional Plan Association's report claims there is no three-lane requirement for an interstate highway, citing Interstates I-87 and I-84, which have two lanes in each direction for most of their routes.
In terms of the “NYS Route 17 Mobility & Access Improvements Project” it appears the first shovel in the ground on this overall possible $1-billion project will be potentially in early 2026.
Williams says uncertain outlook indicates Fed will maintain restrictive policy until inflation reaches 2% on sustained basis.
The governor is proposing a new version of the 421a tax incentive in New York City to spur housing construction, as well as increased state funding for affordable housing projects.
The projects, when completed, will involve approximately $1 billion in upgrades to Route 17 in Orange and Sullivan counties.
Kasper stated in an announcement that she refused to compromise her position and in fact reported the threat to law enforcement. NAR President-elect Kevin Sears has stepped into the role of NAR President, effective immediately.
Town Supervisor Tom Diana of Yorktown passed away suddenly on January 5 at the age of 66.
New state-of-the-art facility to replace outdated buildings in $400 million project planned by New York State Dormitory Authority.
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