
July 2023 Hudson Valley Storm Damage Victims Eligible for SBA Aid
New York Gov. Kathy Hochul announced on May 28 that federal assistance is available to New Yorkers in Ontario, Orange, and contiguous counties who were impacted by last year’s early July flood event.

Port Authority Signs Two Corporate Hangar Leases At NY Stewart Int. Airport Valued at $119 Million
The Orange County Partnership reported that the two leases will facilitate a combined more than 300,000 square feet of new development at the airport.

Westchester Joint Water Works Proposed Deal Could Allow Filtration Plant Project Bids to Go Out in Late 2024
The consent decree, which still must secure court approval, will require WJWW to pay $1.25 million in civil penalties to the U.S. EPA ($600,000) and to New York State ($650,000).

Cross County Shopping Center Celebrates 70th Anniversary
Cross County was originally developed by Sol Atlas. The more than 70-acre property began operations with approximately 30 stores and the Cross County Hospital, which closed in the 1980s and was later redeveloped as a hotel.

NYS Gaming Commission’s New Timeline Sets Downstate Casino Decision at Year’s-End 2025
Allowing the proposals to clear the environmental review process would eliminate a nightmare for Gaming Commission staff since the projects would need to be updated and could be subject to change.

Orange County Looks to Capitalize on New York State’s Investment in Clean Energy
The Orange County Partnership’s Eckert said that the latest solicitations serve as “a critical path item for advancing our clean energy future.”

More Than 500 Prospective Homebuyers Attend Fair and Affordable Housing Expo
“Without a doubt, this (expo) is needed now more than ever,” Zarfes said.

NY Fed Reserve Survey Reveals Increased Housing Price Growth Expectations; Renters Worry About Their Ability to Own a Home
While attitudes toward housing as a financial investment remained strongly positive, they weakened slightly from the previous year, as 67.1% of all respondents characterized buying property in their zip code as a “very good” or “somewhat good” investment.

EXCLUSIVE: NYSDOT Spells Out Route 17 Expansion Study Construction Concepts in Federal Register Filing
While interchange improvements and possible multimodal upgrades are planned in the corridor, the main focus of construction would be centered at locations on Route 17 in Orange County.

NYS Issues Bid on $300-M Project at Mid-Hudson Forensic Psychiatric Center Campus in New Hampton
The scope of the new replacement hospital (Base Building BP2) includes all the sitework and building construction for a new 340,000-square-foot Inpatient Forensic Psychiatric Hospital, Central Utility Plant and administrative support spaces.

State’s Housing Policy Changes Draw Mixed Reactions from RE Industry and Housing/Tenant Advocacy Groups
A clear example of the compromise agreements is that some groups say the housing policy changes do not go far enough, while others say they are too restrictive.

NYS Budget Agreement Includes Some Popular and Controversial New Housing Policies
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.