Located at 217 Fifth Ave., the project will provide 127 homes, with six affordable homes set aside for households earning 80% of area median income.
On the state and local levels, the real estate industry coped with high demand, low inventory and volatile interest rates as the Federal Reserve tried to battle inflation.
Stephanie Manfredi was re-elected President. Manfredi is a Property Manager at Colliers International.
The budget includes a host of measures to enhance housing development and tenant protections in New York City, including the new 485-x tax incentive.
While specifics of the housing-related legislation were not released, City & State New York reports that sources indicate some carve-outs of the Good Cause Eviction proposal have angered tenant groups, while other provisions included have drawn the ire of landlords.
NAR’s Troiani told the attendees that the association is trying to clear up misconceptions reported by some media outlets in connection with the settlement.
The bankruptcy and expected sale of the company will be the close of what was back in 2011 a major success story for Westchester County.
The mayors chronicled the tens of thousands of new apartment units under construction and in the approval process and all noted that at present property owners are experiencing strong leasing demand and expect that trend to continue going forward.
Approximately 110 HGAR members participated in the New York State Association of Realtors’ Annual Lobby Day program on March 27
The listing broker retains the right to determine the amount of compensation offered to subagents, buyer agents, or to brokers acting in other agency or nonagency capacities, which may be the same or different.”
In the settlement, we have agreed to require MLS participants working with buyers to enter into written representation agreements with their buyers. This change will go into effect in mid-July 2024.
In addition to the financial payment, NAR has agreed to put in place a new MLS rule prohibiting offers of broker compensation on the MLS.
HGAR’s Fernandez reported to the more than 60 attendees that the association will release its latest Strategic Plan soon and asked that all members fill out their Member Engagement Profiles.
A key data point will be the CPI reaching its 2% target. The latest CPI number for February was 3.1%.
The development will feature multiple buildings in a variety of sizes tailored for advanced manufacturing uses.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
