A Conversation with National Association of Realtors CEO Nykia Wright and SVP Jarrod Grasso
“This strategic plan is nothing like I have ever seen or been a part of,” Grasso related.
HGAR’s Hawkins-Syska told the gathering that the raising of the SALT Cap to $40,000 “is a big win for our communities.
Cappelli estimated that with the NYPA project, the total Hamilton Green development cost will be approximately $900 million.
Market dynamics continue to reflect high competition at the entry level and slower movement in the luxury tier.
The One Big Beautiful Bill Act includes multiple NAR-championed provisions designed to support homeownership, drive investment in housing supply, and strengthen the real estate economy.
The median price of a single-family home in Westchester rose to $999,000 in May, up 2% from a year ago, underscoring just how resilient demand remains.
There are some exciting opportunities and we are seeing these projects come across our desks in a way that we have never seen before. So, we are getting the at-bats and we are taking a swing.
On June 12, the Zoning Board of Appeals rejected an application for a height variance on the project by a 4-0 vote.
Part of the delay in recovery is because the Federal Reserve has changed its outlook and appears to be on pause for a longer period.
The report warns that if Westchester fails to address its growing housing shortfall, the county could lose between 8,400 to 12,000 jobs annually and $533 million to $742 million in annual earnings.
Across several counties, April brought a surge of new interest, particularly in the Bronx, Rockland, and Putnam counties
Chief among the reform measures included in the budget was disincentivizing institutional investors from buying up one- and two-family homes.
After that detailed and thorough consultation, we reached an outcome that promotes individual choice, while also reinforcing a system of openness for all.
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