The hirings mark RM Friedland’s continued expansion into Fairfield County by hiring two true market specialists who are deeply rooted in Fairfield County’s business network.
That fact that both sales and home prices continue to increase is an indication of the high demand and low supply that exists throughout the New York metro area and lower Hudson Valley,” said HGAR CEO Lynda Fernandez.
In October, the regional single-family closed median sale price was $706,000, marking an 8.6% year-over-year increase from $650,000 in October 2023.
The NYSERDA grant announcement builds on the recent allocation of nearly $4 million in federal funding to the Educational and Cultural Trust Fund of the Electrical Industry.
Eckert of the Orange County Partnership said that national developer interest in Orange County remains “very strong” despite the present financial market volatility.
For the build alternative that involves the construction of a general use third lane with interchange improvements and mobility and access improvements, the total cost estimate is $1,412,500,000.
The spirit of the region is also captured in the new Orange County Tourism tagline: “The Fresh State of Mind.”
New York Gov. Kathy Hochul announced on May 28 that federal assistance is available to New Yorkers in Ontario, Orange, and contiguous counties who were impacted by last year’s early July flood event.
The City of Port Jervis was named the Mid-Hudson region winner of the sixth round of the Downtown Revitalization Initiative in 2023.
The Orange County Partnership reported that the two leases will facilitate a combined more than 300,000 square feet of new development at the airport.
The Orange County Partnership’s Eckert said that the latest solicitations serve as “a critical path item for advancing our clean energy future.”
While interchange improvements and possible multimodal upgrades are planned in the corridor, the main focus of construction would be centered at locations on Route 17 in Orange County.
Woodbury Common Premium Outlets reported that 20 stores opened or expanded in 2023, and more than 20 are planned to debut in 2024.
HGAR’s Fernandez reported to the more than 60 attendees that the association will release its latest Strategic Plan soon and asked that all members fill out their Member Engagement Profiles.
The Route 17 upgrade will enhance safety and mobility, create jobs and boost the economy.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
