With the full legislature and governor facing re-election in 2026, HGAR and NYSAR are already preparing for what could be a watershed year for housing policy.
The NYC Rent Guidelines Board voted to approve rent increases of 3% for one-year leases and 4.5% for two-year leases on rent-stabilized apartments.
NAR successfully secured its top five priorities in the final package.
The Make-A-Wish donation will be presented at the Foundation’s May 15 “Dancing for the Foundation” event at the Glen Island Harbour Club in New Rochelle.
The average mortgage rate was 6.65% in March, down from a 6.96% average in January and down from a 6.84% average in February.
Encore was developed by Cappelli Development and built by its affiliate, LRC Construction.
Total housing inventory registered at the end of March was 1.33 million units, up 8.1% from February and 19.8% from one year ago (1.11 million).
Median sales prices of single-family homes throughout the Bronx and lower Hudson Valley all saw gains, with Sullivan County at an 18.3% hike from last year’s $299,998 to $335,000.
The agreement gives Preston High School the option to renew its lease for successive five-year intervals at the end of the current 25-year lease term.
The median rent has risen 20.2%, from $1,409 in March 2019 to $1,694 in March 2025.
Westchester County consistently leads the market with the highest median sale prices, peaking at $1,031,500 in June 2024 before settling at $860,000 in March 2025.
This event will bring together major stakeholders to strategize how to realize Rockland’s housing potential while maintaining the character of existing neighborhoods.
The event is geared toward real estate professionals, landlords and community advocates and will include identifying sources of income discrimination.
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