News
NY State Hands Out $412 Million in Financing for Affordable Housing Projects; Including Developments in Hudson Valley, NYC
The awards are part of Gov. Hochul's $25 billion comprehensive Housing Plan that will create or preserve 100,000 affordable homes across New York State
Five Firms Sign Lease Deals at Hudson Valley iCampus
Hudson Valley iCampus officials attribute the property’s success to having “plug and play” laboratory, manufacturing, and support space available for immediate occupancy.
Once Growing Acorda Therapeutics Files for Bankruptcy; Will Close HQ in Rockland by June
The bankruptcy and expected sale of the company will be the close of what was back in 2011 a major success story for Westchester County.
Property Taxes on Single-Family Homes Rose 7%% Across U.S. in 2023, to $363 Billion
States in the Northeast region had seven of the 10 highest average property taxes in the U.S. in 2023.
Hudson Gateway Association of Realtors Signs Five Additional Global Real Estate Partnerships; HGAR’s Global Network Expands to 19 Partners
These new alliances will provide resources, visibility, and connections for HGAR’s international partners while creating new business opportunities for HGAR members.
Study: Millennials Reclaim Position as Largest Group of Home Buyers
The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), now make up a combined 38% of the home-buying market.
Westchester Mayors Upbeat That Demand Will Fill Multifamily Project Pipelines
The mayors chronicled the tens of thousands of new apartment units under construction and in the approval process and all noted that at present property owners are experiencing strong leasing demand and expect that trend to continue going forward.
Hudson Companies Closes on $119M Financing Deal for Hell’s Kitchen Mixed-Use Project
The construction of The Lirio will transform a parking lot into permanently affordable housing, office space for the MTA and neighborhood retail space.
Help Agents Explain the Importance of Written Buyer Agreements
Explain to agents that written buyer agreements are legally binding documents that are designed to protect both the consumer and the broker.
More Than 100 HGAR Members Traveled to Albany to Meet with Hudson Valley, NYC State Lawmakers
Approximately 110 HGAR members participated in the New York State Association of Realtors’ Annual Lobby Day program on March 27
MTA Board Approves Congestion Pricing Plan; Rockland County Seeks Injunction Calling Toll Rates Unfair to Hudson Valley Commuters
Passenger vehicles and small commercial vehicles—sedans, SUVs, pick-up trucks, and small vans—paying with a valid E-ZPass will be charged $15 during the day and $3.75 at night
Realtor.com: Renting Now Beats Buying in All of the Largest U.S. Metros
According to the Realtor.com report, the New York-Newark-Jersey City, NY-NJ-PA market posted a median rent of $2,852 in February, as compared to the Monthly Buy Cost of $4,995, for a savings of $2,143 and a 75% cost difference.