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.
Elected officials, seeking to appease vocal constituents, frequently uphold restrictive zoning laws that favor single-family residences over more diverse housing options.
In 2023, the Rockland County Office of Consumer Protection investigated 617 complaints and returned $66,000 to homeowners.
RYE BROOK—Houlihan Lawrence Commercial Group was among the winners of the 2020 CoStar Power Broker Award. The Commercial Group was listed number three in commercial sales for 2020 in the Westchester/Southern Connecticut region according to CoStar.
Last year the group reported it had completed 22 commercial sales totaling approximately $49.9 million. The year’s largest sale was $10.4 million for 9 Raymond Avenue in Poughkeepsie. Agents handling that sale were Tom LaPerch and Steve Salomone.
“We are deeply honored to receive this prestigious award by CoStar. This recognition by our industry is a testament to the incredible team of talented brokers who have made the Houlihan Lawrence Commercial Group the market leader in commercial real estate brokerage,” said LaPerch who is the Commercial Group Director.
Each year, CoStar identifies a select number of real estate firms and individual brokers who closed the highest overall transaction volumes in commercial property sales and leases within their respective markets based on transaction data in CoStar’s commercial real estate database for all deals completed in 2020.
Houlihan Lawrence Commercial Group, the full-service division of brokerage firm Houlihan Lawrence, specializes in investment opportunities, office condominiums and leasing, industrial and retail sales and leasing, land acquisition and development as well as municipal approval consultation.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
Set on 40 acres with walking and exercise trails, Broadview at Purchase College offers a full continuum of services including Independent Living, Assisted Living, Enhanced Assisted Living, and Memory Care.
The new economic analysis revealed that film, television, and commercial production in 2023 supported 2,053 jobs and $198.2 million in wages in the county.
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
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