The congestion pricing program was instituted in January 2025 and during its first year in operation, congestion pricing raked in more than $550 million for the MTA’s $15-billion capital program.
If lawmakers believe that detention facilities are inconsistent with state priorities, then legislation should be considered that restricts the purchase or operation of such facilities within state borders.
As we celebrate Women’s History Month, we honor every woman who made real estate her platform for empowerment, for equity and for legacy.
The 13-unit building traded for $846,156 per unit, which is a record for Mamaroneck and the second highest price per unit in Westchester County.
MAMARONECK—The Scrima Gorman Real Estate Team at Houlihan Lawrence Commercial, a division of Houlihan Lawrence, reported recently that it had brokered the sale of a luxury multifamily building located at 422 E Boston Post Road in Mamaroneck for $11 million.
The seller and Buyer were both represented by Michael Scrima and Tom Gorman. The seller was Elk Homes LLC.
Built in 2017 by Elk Homes, this luxury property boasts average rents north of $6,000 a month. The 13-unit building traded for $846,156 per unit, which is a record for Mamaroneck and the second highest price per unit in Westchester County.
Houlihan Lawrence stated in an announcement that the “transaction underscores the resilience of the Westchester County commercial real estate market and the strong demand for high-quality multifamily properties in the region. Moreover, we have seen many investors shift their focus to new construction, Class A buildings—partly driven by New York State’s increasingly restrictive rent laws.”
Houlihan Lawrence Commercial, a full-service division, specializes in Investment Opportunities; Office, Industrial and Retail Sales and Leasing; Land Acquisition and Development; Municipal Approval Consultation. Houlihan Lawrence is the leading real estate brokerage serving New York City’s northern suburbs. Founded in Bronxville, New York, in 1888, the company is deeply committed to technological innovation and the finest client service. The company has 32 offices and 1,450+ agents serving Westchester, Putnam, Dutchess, Columbia, Ulster and Orange counties in New York and Fairfield County in Connecticut.
The congestion pricing program was instituted in January 2025 and during its first year in operation, congestion pricing raked in more than $550 million for the MTA’s $15-billion capital program.
TKF Burnside officials stated the firm plans to modernize and enhance the existing hospitality-level amenity offerings.
The 1.15 million-square-foot retail center, which originally housed 30 stores when it opened in 1954, is now home to more than 100 retail, dining, educational and entertainment venues.
Sherman most recently served as New York City’s Chief Equity Officer and Commissioner of the Mayor’s Office of Equity & Racial Justice.
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