Latest news (Page 64)
Pedro Garcia Appointed Business and Agent Development Director of Curasi Realty
Garcia has been affiliated with Curasi Realty for 22 years and is excited about taking that commitment to the next level.
Brokers Predict Strong Activity for Multifamily, Industrial Markets; Troubles to Continue for Office Sector in 2024
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
Building and Realty Institute Elects 2024 Leadership Positions
Lisa DeRosa was re-elected as BRI President along with Christine McCabe as BRI's Treasurer. Michael Murphy has been newly appointed as the organization's Secretary.
Report: Westchester Multifamily Fundamentals Were Strong, Office, Retail Remained Stable Despite Sluggish Demand in 2023
Asking multifamily rents moderated slightly but overall fundamentals are strong. However, under-construction unit count continues to decline as developers are facing meaningful increases in construction and financing costs.
Building Owners and Managers Association of Westchester County Announces 2024 Slate of Officers
Stephanie Manfredi of Colliers International was elected President. Manfredi was sworn in with the rest of the slate at BOMA Westchester’s Annual Holiday Party and Inauguration of Officers held on Dec. 14.
Westchester Board of Legislators Approve Purchase, Land Conveyance for Two Senior Projects
The two affordable properties will help ease the housing shortage for senior citizens in Westchester, where seniors living on fixed incomes struggle to afford rising housing costs.
Jeffrey Hozias Joins Rand Commercial
A Rockland County native, Hozias is a Licensed Real Estate Instructor who has an intimate knowledge of the region, Rand Commercial officials stated.
Regional Plan Association Says ‘No’ to Route 17 Third Lane
The Regional Plan Association's report claims there is no three-lane requirement for an interstate highway, citing Interstates I-87 and I-84, which have two lanes in each direction for most of their routes.
NYSAR: 2023 Ended with Lowest Recorded Housing Inventory In New York State History
Prices continued to rise to close out 2023, with the median sales price of homes in New York State rising 10.1% to $380,000 last month.
U.S. Existing-Home Sales Fell 1.0% in December; Northeast Sales Flat Compared to Month Earlier
The inventory of unsold existing homes slumped 11.5% from the previous month to 1 million at the end of December, or the equivalent of 3.2 months’ supply at the current monthly sales pace.
New York City Financed a Record Number of New Affordable Homes in 2023
The HPD and HDC closed on financing for the creation of an all-time record-breaking 14,227 new affordable homes—51% of which benefited from the now-expired 421-a affordable housing tax incentive program.
Hudson Valley Credit Union to Acquire Catskill Hudson Bank
Pursuant to the merger agreement, which was approved by the boards of directors of HVCU, Catskill Hudson and Catskill Hudson Bank, Catskill Hudson stockholders will receive $40.50 in cash for each share of Catskill Hudson common stock.