LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
NEW YORK—New York Gov. Kathy Hochul announced on July 27 the Public Authorities Control Board’s approval of a
NEW YORK—New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas announced on July 27 the completion of Williamsbridge
WASHINGTON—Pending home sales registered a modest increase of 0.3% in June from the previous month—the first increase
ALBANY—Gov. Kathy Hochul announced recently that Empire State Development, in partnership with the Office of General Services and Department
RYE BROOK—The Westchester County commercial market ended the first half of 2023 with mixed results showing continued strength in
YORKTOWN—The Yorktown Planning Board recently approved a site plan for a redevelopment of the former Soundview Preparatory School campus.
ALBANY—On Friday, New York Gov. Kathy Hochul announced that President Biden approved her request for a Major Disaster Declaration
WASHINGTON—Existing-home sales slipped more than 3% in June, according to the National Association of Realtors. Sales varied among the
WHITE PLAINS—Sales volume in the market area of the Hudson Gateway Association of Realtors fell sharply in the second
NYACK—In the first of a series of programs that will focus on the key market areas serviced by the
FARMINGDALE—OneKey MLS reported a regional closed median sale price of $612,000 in June, a 3.40% increase as
NEW YORK—MAG Partners announced on July 13 that it had secured a $196-million loan from funds managed by Elliott
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