News
Four-Building Industrial Portfolio in Rockland County Trades
The property is currently 96% leased to 27 tenants across diverse industries including wholesale and distribution, healthcare, financial services, logistics, and construction.
BOMA Westchester Elects 2026 Slate of Officers
BOMA Westchester is an affiliate of BOMA International—the oldest and largest association of the office building industry.
Westchester County Executive Jenkins Signs $2.5-Billion 2026 Budget
Among the actions taken to address the rising costs were: a hard hiring freeze and elimination of 180 positions (savings of $28 million)…
NYS Gaming Commission Approves Three Casino Licenses in the Bronx and Queens
The Gaming Commission also approved a rule change that altered the term of the casino license depending on the amount of investment.
Orange County IDA Requests Removal of Monitor Over Amazon Incentives Veto
The IDA has requested the State Inspector General remove the monitor due to his “unlawful” veto that it asserts was made under political pressure from New York State Senator James Skoufis.
Village of Maybrook Secures Nearly $26M Shovel-Ready Grant for High-Tech Manufacturing
The Maybrook award will allow for the development of the Switchyard Terminal for Economic and Advanced Manufacturing (STEAM) Rail & Business Park at the long-vacant Maybrook Rail Yard.
Federal Reserve Cuts Rate for Third Time as it Grapples with High Inflation and Weak Job Market
Heading into 2026, it is clear that inflation is above the Federal Reserve’s 2% goal and the labor market is showing continued signs of weakening...
Joe Rand Announces NY State Senate Bid; Nick Wolff to Take Seat on White Plains City Council
In announcing his candidacy, Rand stated, “I am a local mayor, where the job is solving problems and getting things done, not playing politics.
NAR Economist Predicts 14% Increase in Home Sales Volume in 2026; Home Sale Prices to Rise 4%
In terms of anticipated rate cuts by the Federal Reserve, Yun expects the Fed to cut rates later today (Dec. 10) and will initiate two further rate cuts in 2026.
Rockland Pickleball Club Signs 21,500-SF Lease at Clarkstown Executive Park
Rockland Pickleball Club will be the county's first indoor facility designed exclusively for the sport, complementing the park's existing tenants.
Cushman & Wakefield Forecasts U.S. CRE Market Shift ‘From Resilience to Optimism’ in 2026
Across major U.S. markets, elevated amounts of vacant space in office and some industrial markets present tenants with leverage to negotiate favorable lease terms. However, the window to capitalize on market dislocation may be closing.
Governor Signs Enhanced Senior Property Tax Exemption Bill
Increasing the exemption from 50% to 65% could translate into savings of up to $300 annually for the average senior.