On June 12, the Zoning Board of Appeals rejected an application for a height variance on the project by a 4-0 vote.
The significant shelter component, comprising more than one-third of the measure's weight, increased by 3.9%. If shelter inflation were to ease to 2% or even 3%, overall inflation would already be at a comfort point for the Federal Reserve.
Small investors purchased 361,900 homes in 2024, a 3.7% year-over-year increase, while large investor purchases decreased by 8.7% to 132,500 homes, the lowest level since 2018.
Rand Commercial reported recently that Kyle Knauf has joined its Westchester County team and will be based in the White Plains office.
Having completed a master’s degree at Columbia University and post graduate certificate from Columbia’s School of Professional Studies in business, Knauf’s background has been in administrative and executive assistant work in private equity and real estate. Most recently he worked in Colorado as an investment sales assistant helping to complete the sale of office and industrial properties in the Pike’s Peak region. He is licensed in Colorado and New York.
Paul Adler, Esq., chief strategy officer at Rand Commercial, said, “Kyle Knauf brings to Rand Commercial a tremendous knowledge with investment property transactions. His attention to detail will help our clients find the right property, using the greatest standards to guide them through the transactions.”
Palumbo is a graduate of HGAR’s Leadership Accelerator Program, a current HGAR and NYSAR Director, and has served as chair of HGAR’s Young Professionals Network.
Nguyen is a local Realtor with more than 20 years of experience.
They first met in 2009 at the landmark Russian Samovar Restaurant in Manhattan, and six months later they were married.
In his new role, Irace will focus on cultivating strategic partnerships, recruiting new investment to the region, and promoting development opportunities.
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