“The top driver of our affordability crisis is the rising cost of rent and mortgages, and New Yorkers need our help.”
Incoming HGAR President Sejdi is an Associate Broker with HomeSmart Homes & Estates in White Plains. She served as President-Elect in 2024, Secretary in 2023, and Regional Director for Westchester County in 2022.
Rates at 6% are the new normal, and from a historical perspective they’re completely fine, especially given the strength of the economy and inflation adjusted wage gains over the past few years.
Located at 217 Fifth Ave., the project will provide 127 homes, with six affordable homes set aside for households earning 80% of area median income.
On the state and local levels, the real estate industry coped with high demand, low inventory and volatile interest rates as the Federal Reserve tried to battle inflation.
Stephanie Manfredi was re-elected President. Manfredi is a Property Manager at Colliers International.
The new 748-square-foot terminal building provides a heated shelter with benches for passengers waiting to board the ferry and a new ticket booth for NY Waterways.
While the goal of protecting tenants is important, the reality is that this law could have far-reaching consequences that hurt housing affordability and discourage real estate investment.
A Realtor for 59 years and consecutive member of NAR for 40 years, McCarey was also celebrating his 85th birthday on the day he received the award.
D’Anzica credits the Global Business Council with creating many more networking opportunities, which in turn provides more referrals and potential business.
The Midwest, South and West experienced month-over-month gains in transactions, while the Northeast decreased.
Connect RE officials noted that the brokerage is built by agents for agents and the firm’s mission “is to empower agents, transform careers, and elevate real estate to new heights.”
As State President, Phillips will oversee the council’s activities within New York State and act as a liaison between the regional vice president, the council’s leadership team, and its staff.
“Home sales momentum is building,” said NAR Chief Economist Lawrence Yun.
Inventory for all property types declined in almost all areas, except for Rockland’s condo and co-op markets, the latter with an 84.6% gain. The Bronx led the region for new listings, with a 31.9% increase.
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