The SALT deduction cap is quadrupled from $10,000 to $40,000 for households earning under $500,000. However, the bill does not eliminate the marriage penalty.
In April, existing-home sales in the Northeast fell 2.0% from March to an annual rate of 480,000, identical to April 2024.
Across several counties, April brought a surge of new interest, particularly in the Bronx, Rockland, and Putnam counties
HGAR gathered at a recent fundraisers in the Bronx to meet with New York City Democratic mayoral candidate Eric Adams. From left: Anthony Domathoti, HGAR President-elect; Eliezer Rodriguez, HGAR Director of Advocacy, Commercial & Legislative Issues for Bronx & Manhattan; Eric Adams, Brooklyn Borough President; David Legaz, NYSAR President; Crystal Hawkins-Syska, HGAR President and Miguel Rodriguez.
The legislative priorities of HGAR and NYSAR were focused on assisting first-time homebuyers with rising housing costs, helping alleviate the severe housing shortage in New York State, and addressing escalating insurance costs.
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.
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