Latest news (Page 3)
2025: A Pivotal Year for Real Estate Law, Policy, and Compliance
Another major federal development affecting real estate professionals was the postponement of FinCEN’s Residential Real Estate Reporting Rule. Originally scheduled to take effect in 2025, the rule was delayed until March 1, 2026.
New York City Council Announces Leadership and Committee Appointments: What It Means for Our Industry?
At the helm is City Council Speaker Julie Menin, who will continue to shape the council’s agenda and legislative priorities.
Joan McDonald Promoted to Deputy Westchester County Executive
In connection with Wishnie’s retirement, County Executive Jenkins announced that current Director of Operations Joan McDonald has been promoted to Deputy County Executive.
U.S. Existing Home Sales Rose 5.1% in December; Northeast Sales Posted 2% Increase in Deals Last Month
2025 was another tough year for homebuyers, marked by record-high home prices and historically low home sales.
Affordability Takes Center Stage in New York State in 2026
The governor emphasized the continued strain rising costs place on households and positioned housing production, regulatory reform and tenant protections as central tools to address those pressures.
Gov. Hochul Seeks to Reform SEQRA Process to Cut Red Tape and Build More Housing, Infrastructure
Gov. Hochul will propose to amend the State Environmental Quality Review Act (SEQRA) to exempt certain types of housing projects that have no significant impacts on the environment…
Real Estate, Political and Business Leaders Express Support for Gov. Hochul’s Call for Environmental Regulatory Reforms
“Governor Kathy Hochul’s 2026 State of the State address brought a refreshing dose of clarity, urgency, and opportunity to New York’s real estate landscape..."
NY Gov. Kathy Hochul Focuses on Affordability, Regulatory Reform in State of the State Address
New Yorkers deserve a state where they can raise a family, keep the lights on, and stay rooted in the communities they love.
New York City Picks Developer for $405M Hunts Point Produce Market Redevelopment
Backed by $405 million in city, state, federal funding, and an anticipated federal loan, the project will create a new state-of-the-art, intermodal food distribution facility.
Kevin Plunkett of Simone Development Appointed to Board of Healthcare Trustees of New York State
Plunkett, who joined the Bronx-based Simone Development Companies in 2018, is well known in Westchester County’s business and not-for-profit community.
Mortgage Applications Dropped Nearly 10% to End 2025, Despite Lower Rates
Mortgage rates started the New Year with a decline to 6.25%, the lowest level since September 2024.
GUEST VIEWPOINT: Economic Development That Delivers Jobs
These projects supported more than 1,500 construction jobs in addition to the retention and creation of more than 150 permanent jobs.
