PROJECT UPDATE: Orange County IDA Approves $31 Million in Incentives for 3.2-Million SF Amazon Project in Wawayanda
The facility is expected to be the second-largest Amazon fulfillment center in New York State, surpassing those in New York City.
In terms of existing home sales, NAR now expects a 3% increase in 2025 as compared to 2025, while it anticipates a 14% jump in existing sales in 2026 as compared to this year.
The $8-billion Metropolitan Park casino project to be developed adjacent to Citi Field in Queens by billionaire New York Mets owner Steve Cohen advanced today thanks to a unanimous 6-0 vote by its CAC.
Lower mortgage rates are enabling more homebuyers to go under contract.
The Resorts World New York City proposal features a 5.6 million-square-foot integrated resort that will allow for 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms, a 7,000-seat arena, over 7,000 parking spaces and over 30 food and beverage outlets.
The average 30-year fixed-rate mortgage in August was 6.59%, according to Freddie Mac, down from 6.72% in July and 6.50% one year ago.
With the 5-0 CAC affirmative vote, the Yonkers project now advances for full consideration with the New York State Gaming Location Board.
The agreement underscores the continued strength of Lower Manhattan’s office market, of which Brookfield Place comprises approximately 10% of inventory.
HGAR officials noted that its selection “is a testament to the impact of our advocacy, leadership and presence across the region.”
Dais pleaded guilty today in Rockland County Court to forgery and violation of the Home Equity Theft Protection Act (HETPA).
Mortgage rates declined further last week, with the 30-year fixed rate falling to its lowest level since last September to 6.34%.
In addition to a revitalized port, the plan passed on Sept. 22 will also create 6,000 new homes—including 2,400 permanently-affordable units—as well as 28 acres of public space.
According to the New York State Gaming Commission website: the CAC for the Empire City project has scheduled a final vote on the $2.3-billion project on Thursday, Sept. 25 at 10 a.m.
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