Viewpoints
FROM THE DESK OF THE CEO: A Legacy of Transformation and Warmest Wishes
I leave HGAR knowing that we are now more member-centric and innovative than ever before.
Latest news (Page 15)
News
NYSDOT Dismisses Two Potential Design Options in Cross Bronx Expressway Project Build Alternatives
Options 1A and 1B, which would have retained a traffic diversion structure and provided post-construction access to it for local-road vehicles or buses, have been dismissed from further consideration based on feedback from the local community.
Market
NAR: U.S. Pending Home Sales Declined 0.4% in July
Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant.
News
Reports: Resorts World Catskills $561-Million Bond Deal Delayed
Genting Malaysia announced components of the bond sale deal on Aug. 15.
News
Robert Martin-Dune RE Joint Venture Secures $500M Refi Deal for Westchester Industrial Portfolio
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.
Viewpoints
Unlock Your Potential: Take the First Step Toward a Career in Real Estate
HGAR’s remote learning approach enables students to learn from any location, and each session is taught live by HGAR’s practitioner faculty members.
News
Yonkers IDA Grants Final Approval of Incentives for $36.1M Affordable Senior Housing Project
The developer, Buena Vista Group LLC, will receive a sales tax exemption of $1,819,375 and a mortgage tax recording exemption of $849,224.
News
Mortgage Volume Report Mixed; Purchase Applications Post Strong Week; Refinance Activity Falls
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.69% from 6.68%.
Legal-Advocacy
Save the Date: NYC Election Debates Will Shape Housing’s Future
Just days after HGAR hosts its annual Legislative Breakfast on Oct. 6, voters, policymakers, and industry stakeholders will turn their attention to the NYC General Election Debate Series.
Featured
Report: Cruel Summer: Frustration Unites Buyers, Sellers and Builders in a Stalled U.S. Housing Market
As interest rates begin to ease and market participants adjust expectations, conditions for a healthier, more balanced market may gradually emerge.
News
PickleRage Indoor Pickleball Club to Open 42,000 SF Location in New Rochelle
The new facility will include 14 regulation-size pickleball courts.
Market
Realtor.com: Only 13% of Homes on the Market in NYC Metro are Affordable for a Typical Household
While wages have risen 15.7% in the same time frame, they haven't kept pace with borrowing costs.