Gov. Hochul’s State of the State Address Focuses on Housing, Climate Change, Rail Improvement Funding
“The top driver of our affordability crisis is the rising cost of rent and mortgages, and New Yorkers need our help.”
“The top driver of our affordability crisis is the rising cost of rent and mortgages, and New Yorkers need our help.”
Incoming HGAR President Sejdi is an Associate Broker with HomeSmart Homes & Estates in White Plains. She served as President-Elect in 2024, Secretary in 2023, and Regional Director for Westchester County in 2022.
Rates at 6% are the new normal, and from a historical perspective they’re completely fine, especially given the strength of the economy and inflation adjusted wage gains over the past few years.
The insurance industry will certainly bear a substantial brunt of the cost for rebuilding all of the properties destroyed in the wildfires. Unfortunately, as a result, many insurance companies will consider pulling out of these markets and substantial increases in premiums are inevitable.
Inventory levels across many of the markets surveyed continue to contribute to a competitive landscape for buyers, driving median prices upward.
FDIC will relocate to 1166 Avenue of the Americas from the Empire State Building in a 10-year lease.
The TIFIA loan will support the funding of the first phase of the $10-billion bus terminal replacement project, with construction to begin this year.
Martha Eventually settled in Somers, becoming a Realtor where she found her stride, spending decades in the industry.
“The cost of living is just too damn high — especially when it comes to the sky-high rents and mortgages New Yorkers pay every month,” Gov. Hochul said.
Phase Two is to include 450 units of permanently affordable rental housing adjacent to the armory
The ceremony was presided over by Westchester County Clerk Timothy Idoni, and Jenkins’ oath was administered by New York State Supreme Court Justice Anne E. Minihan, 9th Judicial District, in a ceremony at the Michaelian Office Building in White Plains.
Chris brings a wealth of experience and proven leadership to this new advisory position. She is an 18-year veteran of Anywhere Real Estate Inc.
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