“At this critical stage of the housing market, it is all about mortgage rates,” said NAR Chief Economist Lawrence Yun.
The report warns that if Westchester fails to address its growing housing shortfall, the county could lose between 8,400 to 12,000 jobs annually and $533 million to $742 million in annual earnings.
The move effectively keeps congestion pricing tolls in effect through at least June 9.
The report warns that if Westchester fails to address its growing housing shortfall, the county could lose between 8,400 to 12,000 jobs annually and $533 million to $742 million in annual earnings.
The Tiki Beach event will feature live music by local band Heard Immunity.
Related Companies and Wynn Resorts announced on Tuesday they had dropped their bid to build a casino on the Western Rail Yards at Hudson Yards.
The Yonkers store will total approximately 114,000 square feet and will feature 19 departments.
The project, which will cost an estimated $750 million, will be financed through a combination of a $500-million Dormitory Authority of the State of New York bond, philanthropy and equity from operating expenses.
Encore was developed by Cappelli Development and built by its affiliate, LRC Construction.
The purchaser, Larry Regan of Regan Development Corporation, will be developing the site with a three-story building consisting of 12 units of affordable housing with covered parking.
Built in 1998, Halstead Tarrytown consists of 11 two-story buildings offering a mix of one- and two-bedroom apartments.
The $96-million project, led by WBP Development LLC, will consist of an eight-story residential building with 108 units and a four-level detached parking garage.
Willow at the Ridgeway, which is located at 23 Bishop W.J. Walls Place, is replacing two vacant public housing buildings.
Since 2019, the developments are projected to create over 7,500 new residential units and more than 8,800 construction jobs.
Apicella noted that the Trump administration seems intent on eliminating or severely cutting back on federal green energy funding, which he said is critical to many new development projects.
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