Coronavirus
Orange Bank & Trust Provides More Than $100M in PPP Loans
MIDDLETOWN—Orange Bank & Trust Company reported on May 5 the successful processing of more than 700 small business loan
As Pending Sales Fall Sharply, NAR Says Housing Market Slump will be Temporary
WASHINGTON—Pending home sales fell in March as a result of the Coronavirus outbreak, according to the National Association of
Survey Reveals Westchester Businesses Anxious About Survival, Frustrated Over Fed Loan Process
WHITE PLAINS—The Westchester County Office of Economic Development released the results of a survey on April 29 that showed
Recovery from COVID-19 Downturn in NY Will Take Longer than ‘Great Recession’
ALBANY—The New York State Division of the Budget released a report on Saturday that estimates a $13.3-billion shortfall,
Gov. Cuomo Could Begin Restart of Economy After May 15
ALBANY, NY—It appears New York State could allow the reopening of some business operations in the construction and manufacturing
US Home Sales Increased Year-Over-Year Despite March Sales Decline Due to COVID-19 Impacts
WASHINGTON—Existing-home sales fell in March following a February that saw significant nationwide gains, according to the National Association of
Multifamily Market Conditions Weakened in First Quarter Due to COVID-19
WASHINGTON, DC—The National Multifamily Housing Council reported today that apartment market conditions weakened in the National Multifamily Housing Council’
NYS Department of Labor Launches New COVID-19 Unemployment Application
ALBANY—The New York State Department of Labor reported the launch of a new application on April 20 for New
COVID-19 Update 4/21/2020: State Allows Westchester County to Remove Late Fees for Certain Businesses, Residents
WHITE PLAINS—Westchester County Executive George Latimer received permission from Gov. Andrew Cuomo on April 21 to go forward with
COVID-19 Update 4/21/2020: Gov. Cuomo Says NY Biz Reopening to Be Done by Region
BUFFALO—New York Gov. Andrew Cuomo in this morning’s COVID-19 update briefing here said that the reopening of the
Breaking News: Governor Extends Coronavirus Restrictions Until May 15
ALBANY—While President Donald Trump is pondering whether to restarting some segments of the economy in some areas by May
Hudson Valley Home Sales Market Entered Coronavirus Crisis with Strong Demand
WHITE PLAINS—The Novel Coronavirus has all but put the Hudson Valley real estate market “on pause” with Realtors forced