On June 12, the Zoning Board of Appeals rejected an application for a height variance on the project by a 4-0 vote.
The significant shelter component, comprising more than one-third of the measure's weight, increased by 3.9%. If shelter inflation were to ease to 2% or even 3%, overall inflation would already be at a comfort point for the Federal Reserve.
Small investors purchased 361,900 homes in 2024, a 3.7% year-over-year increase, while large investor purchases decreased by 8.7% to 132,500 homes, the lowest level since 2018.
Grand Lux Realty reported recently that it has added a new agent, Rafael Brache III, to its operations in Westchester County.
He has spent 50 years developing and managing “Elephant’s Trunk” in Mount Kisco. Through thriving times and fire (literally) he met the challenges head-on without ever losing sight of putting the customer’s needs first, company officials stated.
Palumbo is a graduate of HGAR’s Leadership Accelerator Program, a current HGAR and NYSAR Director, and has served as chair of HGAR’s Young Professionals Network.
Nguyen is a local Realtor with more than 20 years of experience.
They first met in 2009 at the landmark Russian Samovar Restaurant in Manhattan, and six months later they were married.
In his new role, Irace will focus on cultivating strategic partnerships, recruiting new investment to the region, and promoting development opportunities.
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