Editor's picks

Westchester LDC Grants Preliminary Approval of $35 Million in Tax-Exempt Bond Financing for Sarah Lawerence College
According to a cost benefit analysis prepared for the LDC, the renovations project would generate a one-time sales tax revenue of $45,973 and $5.2 million in sales tax revenue over a 30-year period.

HGAR Report: Demand for Homes in the Bronx, Hudson Valley Remained High in March; Sales and Inventory Still Below Normal as Prices Rose in all Regions
Today’s report by the Hudson Gateway Association of Realtors, based on data supplied by OneKey MLS, also indicates inventory levels declined among all property types in all regions.

PRESIDENT'S CORNER: New Beginnings
As we celebrate the achievements of the past, I look forward to continuing HGAR’s efforts to challenge preconceived notions, embrace diversity, and work towards an equitable and even more inclusive association.

Carmen Bauman Installed as 2024 HGAR President
“This year you will hear me speak about ‘Stronger Together’ because that is what we are. We are stronger together,” Bauman told the Installation Gala event gathering.

Report: Westchester Multifamily Fundamentals Were Strong, Office, Retail Remained Stable Despite Sluggish Demand in 2023
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.

FROM THE DESK OF THE CEO: Engage with HGAR on Your Terms in 2024!
Soon we will share with you HGAR’s new Strategic Plan and vision. You are the most important part of the plan, and we encourage you to engage and participate.

Federal Reserve Board of NY President Says Central Bank is Committed to 2% Inflation Goal
Williams says uncertain outlook indicates Fed will maintain restrictive policy until inflation reaches 2% on sustained basis.

Kevin Sears Steps into Role as NAR President
Sears says he is committed to NAR’s work to advocate for the real estate industry. He has played a critical role in driving member advocacy efforts through RPAC.

NYSDOT to Hold Public Hearings on Jan. 17 on Route 17/I-86 Projects; Exit 122 Upgrades
The projects, when completed, will involve approximately $1 billion in upgrades to Route 17 in Orange and Sullivan counties.

NYCDEP Was Top Taxpayer in Ulster, Putnam, Delaware and Schoharie Counties in 2023
DEP is a top taxpayer throughout the watershed region, paying taxes on the full-assessed value of land, structures, easements and most water supply infrastructure across 230,000 acres owned or controlled by New York City.

Major Expansion Plan at Mid-Hudson Forensic Psychiatric Center in Orange County Moves Forward
New state-of-the-art facility to replace outdated buildings in $400 million project planned by New York State Dormitory Authority.

HGAR’s Bronx Chapter Plays ‘Santa Claus’ to Local Families in Need on Christmas Day
The Bronx Chapter of the Hudson Gateway Association of Realtors teamed up with the Castle Hill YMCA to distribute presents on Christmas Day to 85 children from 32 local families in need.