News

Robert Martin-Dune RE Joint Venture Secures $500M Refi Deal for Westchester Industrial Portfolio
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.

Unlock Your Potential: Take the First Step Toward a Career in Real Estate
HGAR’s remote learning approach enables students to learn from any location, and each session is taught live by HGAR’s practitioner faculty members.

Yonkers IDA Grants Final Approval of Incentives for $36.1M Affordable Senior Housing Project
The developer, Buena Vista Group LLC, will receive a sales tax exemption of $1,819,375 and a mortgage tax recording exemption of $849,224.

Mortgage Volume Report Mixed; Purchase Applications Post Strong Week; Refinance Activity Falls
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.69% from 6.68%.

Report: Cruel Summer: Frustration Unites Buyers, Sellers and Builders in a Stalled U.S. Housing Market
As interest rates begin to ease and market participants adjust expectations, conditions for a healthier, more balanced market may gradually emerge.

PickleRage Indoor Pickleball Club to Open 42,000 SF Location in New Rochelle
The new facility will include 14 regulation-size pickleball courts.

Realtor.com: Only 13% of Homes on the Market in NYC Metro are Affordable for a Typical Household
While wages have risen 15.7% in the same time frame, they haven't kept pace with borrowing costs.

New Analysis Says Future Traffic, Development Growth Warrants Construction of Third Lane on Route 17
The analysis projects substantial traffic growth in the corridor over the next 30 years, due both to proposed development and long-term population trends.

NAR: Northeast Existing-Home Sales Rose Nearly 9% in July
The ever-so-slight improvement in housing affordability is inching up home sales.

FROM THE DESK OF THE CEO: ‘Impact: The HGAR Member Experience’ is Bigger and Better Than Ever
On Sept. 29, 2025, at The Sonesta Hotel in White Plains, you’ll find more value, more interaction, and more ways to grow your business than ever before.

NYC Pols Cheer Midtown South Rezoning; Plan Could Create Nearly 10,000 New Housing Units
The MSMX plan will also support the garment and fashion industries with a $50-million investment to develop permanent space for the industry…

OneKey MLS: Prices Climbed in NYC Metro Region While Sales Eased Amid Mortgage Pressures in July
Despite the dip in closings, prices continued to rise: the median sales price for single-family homes jumped 7.3% to $775,000.