
Wright Named Permanent CEO of the National Association of Realtors
Since November 2023, Wright shepherded the association in early 2024 through negotiations that led to a $418-million settlement to resolve claims brought on behalf of home sellers related to broker commissions

City Council Committee Approves Bronx Re-Zoning; Adams Admin. Commits to $500M in Improvements
The council successfully negotiated commitments from the Adams administration to invest $498.5 million for improvements to the surrounding neighborhoods.
NYS DEC Officials Detail Proposed Freshwater Wetlands Regulation Changes and Impacts on Development
The changes of particular concern and interest to the ABG and its members are the proposed reduction in freshwater wetlands protection from the current 12.4 acres to 7.4 acres.

Westchester Medical Center Begins Work on $220M Expansion
The Critical Care Tower at Westchester Medical Center will house several notable services, including advanced cardiac, neuroscience, oncology, and surgical specialty care.

Gov. Hochul’s Pause on Congestion Pricing Spurs Two Lawsuits Seeking to Compel its Reinstatement
While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.

OBITUARY: Business Leader, Veteran Banker Ross Weale Passes Away at Age 85
A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.

Report: Purchase and Rental Housing ‘Out of Reach’ for Many in the Hudson Valley
“The struggle to create housing that is affordable for people across the entire spectrum of income will be the defining civic issue for this generation of leaders in the Hudson Valley,” Pattern CEO Adam Bosch said.

Out Migration Has a Heavy Cost for NY State and Hudson Valley
Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.

HGAR Recognizes Rockland County with Program Featuring Political, Business Leaders and Association Update
The program offered the latest home sales data and trends for Rockland County, updates on the NAR Commission settlement, and perspectives on topical business and political issues.

MTA Prepares to Make Capital Program Cuts in Response to Congestion Pricing Pause
Congestion pricing tolls were projected to generate net revenues sufficient to leverage $15 billion for the MTA's 2020-2024 Capital Program, which includes several transformational projects.

Former HGAR President and Wife Recovering from Harrowing International Flight
Hours after the incident, Kessler shared via social media that that plane dropped approximately 6,000 feet in seconds.

Gov. Hochul Puts NYC Congestion Pricing on ‘Indefinite Pause’ at 11th Hour
While the governor cited the costs of the plan as one of the reasons for her decision, some critics say politics played a critical role in her ruling.