HGAR’s Orange County Day featured a Legislative Power Hour with County Executive Steve Neuhaus, who addressed a packed room with his trademark energy.
New York’s housing ecosystem is at an inflection point. Affordability pressures, development bottlenecks, small-property owner challenges, regulatory changes, and aging housing stock are all converging at the same time.
Fordham Landing South to be developed by Dynamic Star and Lettire, will create more than 900 new affordable homes.
Against this backdrop, HGAR and our partner associations have officially launched the “Vote Yes on Proposal 3” campaign, a nearly $400,000 initiative to modernize New York City’s land use process and unlock housing opportunities across all boroughs.
The country’s highest court won’t take up an appeal that sought to overturn a ruling favoring the National Association of Realtors. NAR successfully litigated the antitrust case twice in lower courts.
“This partnership gives our agents the scale, technology, and marketing power to grow their business while maintaining the personal, client-first culture that has defined our success in the city.”
This legislation will make available an opt-in tax incentive to incentivize redevelopment of vacant or abandoned one-to-four family homes for use as affordable homeownership or rental housing.
This year’s breakfast featured Kenny Burgos, former New York State Assembly Member and now CEO of the New York Apartment Association, as keynote speaker.
The region’s current month’s supply of inventory stands at 3.9 months—below the 4-to-6-month range typically associated with a balanced market.
The two organizations plan to conduct due diligence and finalize definitive agreements by the end of 2025, followed by the pursuit of required regulatory approvals.
Come March 2026, the federal government will expect nothing less than full compliance, and the penalties for non-reporting could be severe.
The competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3-billion investment.
Thank you to the following Members who are leading the way in the 2025 RPAC campaign
The latest drop, the second month-over-month decline since March, reflects the market's normal cooling heading into fall.
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