HGAR’s remote learning approach enables students to learn from any location, and each session is taught live by HGAR’s practitioner faculty members.
The developer, Buena Vista Group LLC, will receive a sales tax exemption of $1,819,375 and a mortgage tax recording exemption of $849,224.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.69% from 6.68%.
Just days after HGAR hosts its annual Legislative Breakfast on Oct. 6, voters, policymakers, and industry stakeholders will turn their attention to the NYC General Election Debate Series.
As New York City enters the final stretch of the 2025 election cycle, housing and real estate are set to dominate the political conversation. For Hudson Gateway Association of Realtors members, this is not just another election year—it’s a chance to engage directly with the policies that shape our industry, our clients and the communities we serve.
The timing is especially significant. Just days after HGAR hosts its annual Legislative Breakfast on Oct. 6, voters, policymakers, and industry stakeholders will turn their attention to the NYC General Election Debate Series. These forums, organized by the New York City Campaign Finance Board and carried by top broadcast partners, will showcase the candidates for citywide office as they debate the issues that matter most—including housing affordability, co-op transparency, insurance reform and commercial revitalization.
Public Advocate Debate – Oct. 9 at 7:00 p.m. (NY1)
Comptroller Debate – Oct. 14 at 7:00 p.m. (NY1)
Mayoral Debate Round 1 – Oct. 16 at 7:00 p.m. (WNBC, Telemundo 47, Politico)
Mayoral Debate Round 2 – Oct. 22 at 7:00 p.m. (NY1, Spectrum Noticias, WNYC/Gothamist, THE CITY).
Additional debates for Public Advocate, Comptroller, and Mayoral candidates may be scheduled after eligibility is finalized on Oct. 3.
Every policy decision at City Hall has ripple effects for the real estate market. For Realtors, several core issues are likely to surface during the debates:
Housing Affordability: How will candidates address the challenges of rising rents, limited supply and stalled development across the city?
Transparency in Housing Markets: Buyers, sellers, and brokers are calling for more predictable, efficient processes that support healthy transactions.
Commercial Revitalization: With offices and retail corridors continuing to adapt post-pandemic, candidates will need to lay out plans for business recovery, adaptive reuse and fair taxation.
Insurance and Housing Stability: Escalating insurance premiums are putting pressure on property owners and tenants alike, raising questions about fairness and long-term affordability.
Sustainability and Energy Costs: Energy efficiency, renewable adoption, and consumer protections will remain central to New York City’s climate and housing policy agenda.
These are not abstract issues—they directly affect how Realtors conduct business, advise clients and contribute to the city’s economic vitality.
The Legislative Breakfast provides HGAR members with a platform to hear from lawmakers, ask questions and highlight the realities of the market from a professional perspective. The upcoming debates then expand that dialogue to the broader public, offering insights into how each candidate would approach the city’s most pressing housing challenges.
Together, these forums create a crucial opportunity for Realtors to remain informed and engaged at a pivotal moment in the city’s housing conversation.
We encourage all HGAR members to tune in to the debates, stay engaged, and evaluate the candidates’ platforms through a housing and real estate lens. Take notes, share insights with colleagues and think about how proposals will impact your clients, transactions and the broader market.
The Legislative Breakfast sets the stage for Realtor engagement. The debates will show us where the candidates stand. Together, our collective voice is strongest when we remain informed, proactive and connected to the policy decisions that shape our city.
About the author: Dr. Jermaine Meadows is the Director of Government Affairs for the Bronx for the Hudson Gateway Association of Realtors.
With rising political polarization and increasing housing challenges, our industry cannot afford to sit on the sidelines.
With the advent of artificial intelligence and the increased use of sophisticated algorithms in software and real estate platforms, the risks in violating antitrust law and engaging in anticompetitive behavior increase exponentially and must be carefully considered and assessed.
The expiration of federal vouchers and the city’s transition to state and local replacements make this a pivotal moment for housing policy.
The Charter Review Commission is also recommending the creation of an independent Land Use Appeals Board. This board would offer an alternative avenue to challenge zoning and planning decisions, creating a formal process for appeals outside of the judicial system.
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