The hirings mark RM Friedland’s continued expansion into Fairfield County by hiring two true market specialists who are deeply rooted in Fairfield County’s business network.
That fact that both sales and home prices continue to increase is an indication of the high demand and low supply that exists throughout the New York metro area and lower Hudson Valley,” said HGAR CEO Lynda Fernandez.
In October, the regional single-family closed median sale price was $706,000, marking an 8.6% year-over-year increase from $650,000 in October 2023.
Putnam County Executive MaryEllen Odell recently advocated for the adoption of a new sales-tax sharing model. For years, villages and towns have asked Putnam County to share their revenue from taxes on goods sold within our borders.
The county will only share tax revenue for years in which Putnam County’s sales-tax revenue increases over the previous year. The amount going to towns and villages would be divided up on a per-capita basis.
According to data given to the County Legislature’s Audit Committee on Feb. 22, in most years from 2010 through 2021 Putnam’s sales tax income exceeded that of the year before. In 2021, Putnam collected $78 million, compared to $66.7 million in 2020 and $66 million in 2019.
To start the sharing, the county executive proposes to put $5 million in a municipal sales-tax allotment with $5 million from the county’s $19 million in federal COVID-related American Rescue Plan Act (ARPA) money, creating a pool of $10 million.
This is something towns and villages have been requesting for a long time but it was always turned down by the county due to the fact that the county has taken responsibility for the properties that are behind in property taxes, making towns whole as well as other services provided by the county to towns.
This plan is progress towards consolidation and working together.
Despite representing different parties, Latimer and Lawler share a bipartisan focus on housing policy solutions. Both have expressed support for raising the cap on the State and Local Tax (SALT) deduction.
This year, the Annual Meeting will be held separately from Member Appreciation Day, making it more accessible for all members.
Business leaders cannot afford to remain passive; they must engage politically to hold candidates accountable to the needs of the entire community, not just select groups.
Rockland faces further challenges related to environmental sustainability, such as the diminishing availability of renewable energy sources, inadequate drainage systems, flooding and groundwater quality.
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