LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
NYACK—Matt McAllister, an agent with Corcoran Baer & McIntosh in Nyack and COO at Statewide Abstract, embarked on a 142-mile bike ride earlier this month to fundraise for the Hudson Gateway Realtor Foundation (HGRF). McAllister, who also chairs the HGRF Project Committee that plans volunteer events, will ride in the Steamboat Gravel bike race in Steamboat Springs, CO.
The world-class gravel race also accumulates more than 10,000 feet of elevation gain. “This won’t be the longest bike ride I’ve ever done, but thanks to the elevation and over 100 of the miles being on gravel roads, I do expect it to be the hardest,” he explained.
Because of his involvement with HGRF, McAllister decided to get personally involved to raise awareness about how the foundation is making an impact in our region. “I’m choosing to raise money for HGRF because I have seen firsthand how thankful these organizations are for our grants and how far the money goes,” he said. “There is a direct impact in the communities we serve in the real estate industry, and I think it is our responsibility to give back and support the health and happiness of our fellow citizens.”
In 2020, McAllister completed his own course consisting of a 204-mile bike trek through the Hudson Valley, across the George Washington Bridge, and through Manhattan and Queens, while finishing in Long Island. That ride raised money for the Hillside Food Outreach, which provides in-home food delivery for those in need in Westchester, Putnam, and Fairfield counties.
Five years earlier, he completed a 70-mile Half Ironman Triathlon in Maryland. The event involved a 1.2-mile swim, 56-mile bike ride and 13.1-mile run. McAllister ran his first 50K (30-miles) marathon through Harriman State Park in Orange and Rockland counties in 2017 and in 2019, he ran a 50-mile marathon in New Paltz.
The HG Realtor Foundation supports qualified, community-based charities that serve the housing, hunger, health, happiness, and humane needs of those throughout the Hudson Valley and beyond. The money raised is distributed as grants to charities and non-profit organizations to help feed, cloth, shelter and provide job training for the less fortunate in our communities.
At press time, McAllister had raised $2,706 from 30 contributors. To contribute to McAllister’s fundraising efforts, please visit https://gofund.me/6f5e3781
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