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.
The transaction is expected to diversify Compass by adding over $1 billion in revenue from Anywhere's established franchise, title and escrow, and relocation operations.
The 13-unit building traded for $846,156 per unit, which is a record for Mamaroneck and the second highest price per unit in Westchester County.
All members of the FOMC voted in favor of the 25-basis-point cut with the exception of newly appointed member Stephen I. Miran, who preferred to lower the target range for the federal funds rate by 50 basis points.
Two out of three agents either agree (38%) or strongly agree (29%) that their brokerage provides all the tech tools they need.
The refinance share of mortgage activity increased to 59.8% of total applications from 48.8% the previous week.
The CAC will meet on Thursday, Sept. 25 at the Yonkers Riverfront Library at 10 a.m., where it will likely vote on whether to approve or disapprove the MGM Empire City plan.
The 20 NAR members selected will participate in a diverse range of educational experiences as they join a nationwide community of volunteer leaders.
The New York market’s buying premium was 117% with a new mortgage payment of $7,888 versus the multifamily effective rent of $3,639 as of the second quarter of this year.
The Planning Board closed the public hearing, which signals a vote on the project’s site plan application and height exemption could come at the Planning Board’s next scheduled meeting on Wednesday, Oct. 8.
Month-over-month comparisons revealed significant regional variation. Sullivan County led the surge with a 16.4% jump in median home prices, followed by Putnam County with an 11.3% increase.
The 225,000-square-foot facility, centrally located in White Plains at 1111 Westchester Avenue, will offer adult and pediatric care spanning more than 90 specialties and subspecialties.
The Black/African American unemployment rate was 7.2% as of July, up from 6.3% a year earlier and the highest level since October 2021.
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