Latest news (Page 5)

Greater Morris Park Section in the Bronx Awarded $20 Million in State Economic Development Funding
Morris Park’s vision is to transform the area into a premier transit-oriented development hub leveraging the addition of expanded Metro-North commuter rail service and rezoning.


NAR: Pending Home Sales Waned 4.6% in January; Northeast Posted Slight Gain
It is unclear if the coldest January in 25 years contributed to fewer buyers in the market, and if so, expect greater sales activity in upcoming months.

Hudson Gateway Realtor Foundation Issues Casting Call for Season Three of ‘Dancing for the Foundation’
HGRF is inviting anyone who enjoys tapping their toes to everything from the Tango to Disco, or from the Fox Trot to Hip Hop to apply for a spot in the show.

Orange County Secures Second FAST NY Grant to Help Foster Potential Shovel-Ready Projects
The potential development opportunities will focus on targeting offshore wind supply chain companies, state officials noted.

MTA Says Congestion Pricing Revenues Beat Projections; Raised Nearly $49 Million in January
Since the first-in-the-nation program began on Sunday, Jan. 5, through Friday, Jan. 31, tolls from the CRZ generated $48.66 million in revenue.

HGAR to Hold ‘Good Cause Eviction’ Informational Session on Feb. 28
HGAR believes that the law could have significant consequences for both landlords and tenants.

Harckham, Rosenthal Bill Would Exempt First-Time Homebuyers from Paying Mortgage Recording Tax
The Hudson Gateway Association of Realtors and the New York State Association of Realtors strongly support Senator Harckham and Assemblymember Rosenthal’s legislation that will enable more first-time homebuyers the opportunity to achieve the American dream of homeownership.

MARK YOUR CALENDAR: HGAR to Host Special Event Highlighting its Global Business Council on Feb. 25
The “Why Global?” session is open to all HGAR members and is designed to demonstrate how the association’s Global Business Council can help Realtors grow their international business.

NAR: Existing U.S. Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
In January, existing-home sales in the Northeast fell 5.7% from December to an annual rate of 500,000, up 4.2% from January 2024.

Double-Digit Increases in Single-Family Home Sales Continued Throughout Most of the Hudson Valley in January
Inventory for almost all property types declined in all regions in January, but Rockland County saw a huge co-op inventory gain of 63.6% and 29.9% for condos.

Hudson Gateway REALTOR Foundation Donated More Than $100,000 to 52 Hudson Valley Charities, Non-Profits in 2024
The foundation’s 2024 events included a series of popular Pub Nights in various locations throughout the Bronx and Hudson Valley, its popular “Dancing with the Foundation” dance competition gala, individual donations, and corporate sponsorships