Commercial

Historic Estate in Rockland County Sells for $11M; New Owner Plans to Open State-of-the-Art Hotel/Spa in 2024
SLOATSBURG— Rand Commercial Realty reported on Aug. 11 that it had brokered the sale of “Table Rock,” an estate once

Broad-Based Housing and Lending Coalition Warns FHFA Against Rent Control, Rent Stabilization Policies
WASHINGTON—A broad-based coalition of 18 associations representing housing providers, lenders and residents sent a letter on Thursday, Aug. 10

NY State, City Contribute $200M for Long Sought After Redevelopment of the Kingsbridge Armory in the Bronx
NEW YORK—If at first you don’t succeed, try, try, and try again. New York State Gov. Kathy Hochul

First Metro-North TOD Project Opens in Harrison
HARRISON—New York Gov. Kathy Hochul was joined by leaders from the Metropolitan Transportation Authority and officials from residential development

Tesla’s Major Lease Deal in Newburgh is Official
NEWBURGH—Matrix Development Group confirmed published reports on Aug. 3 that it recently signed a 927,000-square-foot lease with global

Resorts World Catskills Announces Reopening Of Rees Jones-Designed ‘Monster’ Golf Club
MONTICELLO—Resorts World Catskills announced on Aug. 1 the planned reopening of the famed Monster Golf Club to the public

New York State Issues RFP for Purchase and Redevelopment of Downstate Correctional Facility
ALBANY—Gov. Kathy Hochul announced recently that Empire State Development, in partnership with the Office of General Services and Department

Westchester County Commercial Market Posts Mixed Results in Second Quarter
RYE BROOK—The Westchester County commercial market ended the first half of 2023 with mixed results showing continued strength in

Biden Administration Issues Major Disaster Declaration for Upstate, Mid-Hudson Counties
ALBANY—On Friday, New York Gov. Kathy Hochul announced that President Biden approved her request for a Major Disaster Declaration

New Jersey Files Suit Against USDOT, FHWA to Block NY’s Congestion Pricing Plan
FORT LEE, NJ—New Jersey Gov. Phil Murphy, flanked by federal, state and local leaders, announced on Friday that the

HGAR Holds Rockland County Day Program
NYACK—In the first of a series of programs that will focus on the key market areas serviced by the

Tesla to Occupy 927,000 SF Warehouse in Newburgh
GOSHEN—The Orange County Partnership reported earlier today that Tesla, the renowned electric car manufacturer, has selected Orange County as