Data Center Moratorium Bill Floated in Albany
New York State lawmakers have expressed concerns over the environmental impacts data centers may have and also the significant energy needs they require.
The expiration of federal vouchers and the city’s transition to state and local replacements make this a pivotal moment for housing policy.
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.
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