News

NAR Attorneys: Buyer Representation Is Not a Thing of the Past
Pros should continue to use buyer representation agreements that provide an opportunity to talk about your value, the services you provide and how you will work in the client’s best interests.

NAR Chief Economist Forecasts Existing Home Sales Will Rise 15% Next Year; Mortgage Rates Will Range Between 6%-7% by Spring 2024
Pent-up demand and falling interest rates will drive demand in 2024. People will say "life goes on" and the market will move again.

Bronx Community College Wins $1-Million NYPA Grant to Create Greener Campus
Bronx Community College won $1 million in the inaugural Bronx Green Action Challenge to improve campus sustainability and reduce the BCC's environmental footprint.

Governor Signs Deed Theft Protection Bill
Gov. Kathy Hochul moved to protect NY homeowners from deed theft by pausing evictions and empowering prosecutors to invalidate fraudulent sale and loan documents.

Yonkers Senior Housing Property Secures Nearly $17-Million Refi Deal
Monastery Manor, a 147-unit affordable apartment building for seniors in Yonkers, will use the money to renovate and pay off debt.

NAR: More Than 80% of Metro Areas Registered Home Price Increases in Third Quarter of 2023
Among the major U.S. regions, the South saw the largest share of single-family existing-home sales (46%) in the third quarter, with year-over-year price appreciation of 1.7%. Prices also grew 5.3% in the Northeast, 5.2% in the Midwest and 0.6% in the West.

SPOTLIGHT ON: HGAR Affiliate of the Year John Dolgetta, Esq.
All in the Family John Dolgetta, Esq., HGAR’s 2023 “Affiliate of the Year,” has been a part of the

$100-Million Mediapro Studios Project in Yonkers Breaks Ground
YONKERS—Mediapro North America, a leader in the world of media and entertainment held a groundbreaking ceremony on Nov. 6

Harbor Group, Cantor Fitzgerald Joint Venture Buys Avalon Mamaroneck Apartment Complex
NEW YORK—A joint venture between affiliates of New York City-based Cantor Fitzgerald L.P. and Harbor Group International, LLC

Carmen Bauman Named 2024 HGAR President; Anthony Domathoti Awarded Realtor of the Year
TARRYTOWN—Carmen Bauman, Principal Broker of Green Grass Real Estate of Bronxville and Associate Broker of commercial real estate brokerage

Lawmakers Say FTA to Provide $3.4 Billion in Grant Funding for Second Avenue Subway Project
WASHINGTON—U.S. Senate Majority Leader Charles Schumer and U.S. Rep. Adriano Espaillat (NY-13) announced on Oct. 24 that

HGAR’S Global Business Council Receives Platinum Achievement Award from NAR
WHITE PLAINS—The Global Business Council of the Hudson Gateway Association of Realtors has received the prestigious 2023 Platinum Global