The $10-million award will focus on downtown revitalization initiatives in Downtown Poughkeepsie.
The envisioned building is a more than 200,000-gross-square-foot facility that will bring together a range of STEM disciplines.
For the first time since 2016, new construction activity outpaced household formations. Yet, the nation still faces a supply shortfall of 3.8 million homes.
“The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” said NAR Chief Economist Lawrence Yun.
Garcia has been affiliated with Curasi Realty for 22 years and is excited about taking that commitment to the next level.
Lisa DeRosa was re-elected as BRI President along with Christine McCabe as BRI's Treasurer. Michael Murphy has been newly appointed as the organization's Secretary.
Asking multifamily rents moderated slightly but overall fundamentals are strong. However, under-construction unit count continues to decline as developers are facing meaningful increases in construction and financing costs.
Stephanie Manfredi of Colliers International was elected President. Manfredi was sworn in with the rest of the slate at BOMA Westchester’s Annual Holiday Party and Inauguration of Officers held on Dec. 14.
The two affordable properties will help ease the housing shortage for senior citizens in Westchester, where seniors living on fixed incomes struggle to afford rising housing costs.
A Rockland County native, Hozias is a Licensed Real Estate Instructor who has an intimate knowledge of the region, Rand Commercial officials stated.
Prices continued to rise to close out 2023, with the median sales price of homes in New York State rising 10.1% to $380,000 last month.
The inventory of unsold existing homes slumped 11.5% from the previous month to 1 million at the end of December, or the equivalent of 3.2 months’ supply at the current monthly sales pace.
The HPD and HDC closed on financing for the creation of an all-time record-breaking 14,227 new affordable homes—51% of which benefited from the now-expired 421-a affordable housing tax incentive program.
Pursuant to the merger agreement, which was approved by the boards of directors of HVCU, Catskill Hudson and Catskill Hudson Bank, Catskill Hudson stockholders will receive $40.50 in cash for each share of Catskill Hudson common stock.
Housing costs in New York City and the surrounding suburbs have grown more than 68% over the last decade, the largest increase among selected major metropolitan areas in the U.S.
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