News

New York City Selects Team for Long-Awaited Redevelopment of Storied Kingsbridge Armory
Phase Two is to include 450 units of permanently affordable rental housing adjacent to the armory

Westchester County Board Votes in Kenneth Jenkins as County Executive; Special Election Set for Feb. 11
The ceremony was presided over by Westchester County Clerk Timothy Idoni, and Jenkins’ oath was administered by New York State Supreme Court Justice Anne E. Minihan, 9th Judicial District, in a ceremony at the Michaelian Office Building in White Plains.

Brokerage Industry Veteran Sherry Chris Joins NAR as Independent Consultant, Special Advisor to CEO
Chris brings a wealth of experience and proven leadership to this new advisory position. She is an 18-year veteran of Anywhere Real Estate Inc.

Controversial NYC Congestion Pricing Program Now in Effect After Surviving 11th Hour Court Challenges
A federal judge on Jan. 3 denied New Jersey’s attempt to stop or stall the launch of the congestion tolling plan two days later.

CBRE Group Establishes Global Financial HQ at Lever House in Midtown Manhattan
200 Park Ave. will continue to serve as the headquarters of CBRE’s New York Tri-State Advisory Services business and house the company’s New York-based Global Workplace Solutions teams.

$73 Million in Financing Secured for Pelham Mixed-Use Project
Located at 217 Fifth Ave., the project will provide 127 homes, with six affordable homes set aside for households earning 80% of area median income.

2024 Year in Review: An Industry Coping with Dramatic Changes
On the state and local levels, the real estate industry coped with high demand, low inventory and volatile interest rates as the Federal Reserve tried to battle inflation.

BOMA Westchester Elects 2025 Slate of Officers
Stephanie Manfredi was re-elected President. Manfredi is a Property Manager at Colliers International.

New Haverstraw Commuter Ferry Terminal Officially Opens
The new 748-square-foot terminal building provides a heated shelter with benches for passengers waiting to board the ferry and a new ticket booth for NY Waterways.

HGAR Issues ‘Call to Action’ in Opposition Of ‘Good Cause Eviction’ Proposal in Croton
While the goal of protecting tenants is important, the reality is that this law could have far-reaching consequences that hurt housing affordability and discourage real estate investment.

HGAR Honors Longtime Realtor John McCarey with Realtor Emeritus Status
A Realtor for 59 years and consecutive member of NAR for 40 years, McCarey was also celebrating his 85th birthday on the day he received the award.

SPOTLIGHT ON: Tony D’Anzica, HGAR’s 2024 Realtor of the Year
D’Anzica credits the Global Business Council with creating many more networking opportunities, which in turn provides more referrals and potential business.