News
Former HGAR President and Wife Recovering from Harrowing International Flight
Hours after the incident, Kessler shared via social media that that plane dropped approximately 6,000 feet in seconds.
Gov. Hochul Puts NYC Congestion Pricing on ‘Indefinite Pause’ at 11th Hour
While the governor cited the costs of the plan as one of the reasons for her decision, some critics say politics played a critical role in her ruling.
HGAR CID Panel Discusses Reimagining Zoning to Create More Affordable Housing
Research by Pattern for Progress indicates that taxes alone in Connecticut and Pennsylvania are 20% to 40% lower than in New York, and 50% to 80% lower in the Carolinas and Florida.
Communicating Offers of Compensation
Under practice changes that will take effect Aug. 17, real estate professionals will no longer be able to communicate offers of compensation in the MLS.
Yonkers IDA Votes Preliminary Approval of Three Projects Valued at Almost $464 Million
Developer AMS Acquisitions received preliminary approval of financial incentives totaling approximately $11.6 million in sales and mortgage tax exemptions for a multi-phase $306.7-million, mixed-use development.
Northeast Pending Home Sales Slumped 3.5% in April
“The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market,” said Lawrence Yun.
Mid-Hudson Momentum Fund to Provide $67 Million to Seed Development of 2,400 New Homes in Region
The Mid-Hudson Momentum Fund is focused on mixed-use housing and essential infrastructure projects that directly support housing growth in the Mid-Hudson Region.
July 2023 Hudson Valley Storm Damage Victims Eligible for SBA Aid
New York Gov. Kathy Hochul announced on May 28 that federal assistance is available to New Yorkers in Ontario, Orange, and contiguous counties who were impacted by last year’s early July flood event.
New York State Maps Out 21 DRI, NY Forward Projects in Four Hudson Valley Communities
The City of Port Jervis was named the Mid-Hudson region winner of the sixth round of the Downtown Revitalization Initiative in 2023.
HUD, NYS Tour Sustainable Senior Housing Complex in Yonkers
The $44-million, four-story building has 60 energy-efficient, affordable apartments for seniors and is expected to open in July.
Port Authority Signs Two Corporate Hangar Leases At NY Stewart Int. Airport Valued at $119 Million
The Orange County Partnership reported that the two leases will facilitate a combined more than 300,000 square feet of new development at the airport.
NAR: U.S. Existing-Home Sales Retreated 1.9% in April; Northeast Activity Fell 4%
“Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming onto the market,” said NAR Chief Economist Lawrence Yun.