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.
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%.
In Briarcliff Manor, where I serve as Deputy Mayor, we supplement the standard affordable housing approach by encouraging diversity of housing stock.
WHITE PLAINS—While the perfect storm of low inventory, rising interest rates and persistent inflation have certainly had their impact,
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