It is important for brokers and agents to note that where a similar form has been made available by both HGAR and NYSAR, those forms do contain varying provisions. Every broker must carefully review each form, and ultimately determine which they would like to utilize.
In terms of transaction volumes, closed sales for single-family homes, condominiums, and co-ops were all down 8.7% regionwide from last year.
The Clear Cooperation Policy requires listing brokers to upload their publicly marketed listings within one business day to an MLS. The policy aims to promote healthy competition in the market.
The brokers who handled the transaction were Tom LaPerch and Steven Salomone of Houlihan Lawrence Commercial and Stacey Cronin of Houlihan Lawrence.
Houlihan Lawrence Commercial, a division of Houlihan Lawrence based in Rye Brook, announced recently its selection as the CoStar IMPACT Award Winner - Sale of the Year. The winning transaction was the sale of the former Melrose School campus in the Town of Southeast in Putnam County.
The brokers who handled the transaction were Tom LaPerch and Steven Salomone of Houlihan Lawrence Commercial and Stacey Cronin of Houlihan Lawrence. Located at 100–120 Federal Hill Road, the former campus was run by the Community of the Holy Spirit, which was the seller in this transaction. The purchase price was $3 million. The buyer was Copland House Inc. which plans to use the campus to continue its mission of nurturing and renewing America’s musical heritage.
The 37,000 square-foot campus is situated on 24.23 acres and consists of office suites, meeting rooms, a library, classrooms, a private apartment, a gym, an auditorium, a large commercial kitchen, and several residence quarters.
“We are very pleased and proud to have received this prestigious award from CoStar. Congratulations to Tom, Steven and Stacey for all their hard work in making this major transaction a reality,” said Garry Klein, Managing Director of Houlihan Lawrence Commercial. “We are deeply honored to be selected for this significant and important award,” said LaPerch who was the lead selling broker in the transaction.
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023 with significant influence in neighborhoods or submarkets across 128 major markets in the United States, Canada and the United Kingdom. The annual CoStar Impact Awards celebrate commercial real estate practitioners who have brought leadership, innovation and professionalism to their markets, by spotlighting commendable transactions and projects.
Last year, she completed the association’s Leadership Accelerator Program, which she credits for helping her to become a board member.
At present, Taylor has been working on Genting’s proposal to convert its Resorts World New York City racino into a fully licensed gaming facility.
O’Donnell & Cullen received HGAR’s “Affiliate of the Year” Award in 2014.
Agod will be responsible for the management and growth of Weichert offices in Ridgewood, Tenafly and Fort Lee, NJ, as well as Monroe, Larchmont and Rockland County, NY.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
