Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant.
Genting Malaysia announced components of the bond sale deal on Aug. 15.
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.
The MSMX plan will also support the garment and fashion industries with a $50-million investment to develop permanent space for the industry…
Despite the dip in closings, prices continued to rise: the median sales price for single-family homes jumped 7.3% to $775,000.
Cloudbound joins PXG Westchester and My Salon Suite at 80–110 Nardozzi Place as well as LA Fitness and Dello Russo Laser Vision at Simone Development’s adjacent 70 Nardozzi Place.
Both Wright and Brown spoke about the concerted effort to bring those who have felt disenfranchised over the last decade or two back to the table
In terms of setbacks, Boone noted that the project offers setbacks that are anywhere between 650% to 2,000% greater than the setback requirements by the town.
Home prices have been rising faster in the Midwest, due to affordability, and the Northeast, due to limited inventory.
The Out of Reach report found that the cost of housing in the Hudson Valley continues to rise faster than wages for renters and buyers.
Westside Party Rentals, which is located next door to the Barrie House Coffee building, purchased the property for expansion of its operations.
Twenty-five percent of NAR members cited housing affordability as the biggest hurdle for potential homebuyers—topping the long-standing concerns about inventory and property availability.
HGAR’s Hawkins-Syska told the gathering that the raising of the SALT Cap to $40,000 “is a big win for our communities.
This deepening crisis means that without interventions aimed at significantly ramping up affordable housing supply, the city's affordability gap could linger for generations.
Construction is scheduled to begin in the first quarter of 2026 with production operations anticipated to start in January 2027.
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