“The top driver of our affordability crisis is the rising cost of rent and mortgages, and New Yorkers need our help.”
Incoming HGAR President Sejdi is an Associate Broker with HomeSmart Homes & Estates in White Plains. She served as President-Elect in 2024, Secretary in 2023, and Regional Director for Westchester County in 2022.
Rates at 6% are the new normal, and from a historical perspective they’re completely fine, especially given the strength of the economy and inflation adjusted wage gains over the past few years.
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.
Stephanie Manfredi was re-elected President. Manfredi is a Property Manager at Colliers International.
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.
The development is expected to generate $1 million in property taxes, with almost $900,000 of the estimated total for the Yorktown school district.
The $32-million project consists of renovating, improving and maintaining the life plan community, consisting of 222 residential rental units, administrative spaces and the common amenities.
New retailers, such as: Five Below, Michaels, and a pickleball sports center are set to open soon within the former Kmart’s footprint at 335 Downing Drive.
The largest project is being proposed by Urban Builders Collaborative of New York City, which is planning to build a $159.4-million multifamily residential, mixed-use building
CID President John Barrett prophetically related, “His legacy and leadership will be evident in this town 100 years from now.”
NYPA is pursuing an “aggressive” time line that projects a definitive development agreement to be reached with Hamilton Green Partners by November 2024 and the move-in to its new corporate headquarters by June 2027.
70 Pier St. offers alcove studios starting at $2,250, one-bedrooms starting at $2,550, and two-bedrooms starting at $3,995.
The comprehensive revitalization strategy focuses on expanding and modernizing critical areas of the hospital.
The campaign unveiled its “5 in 2025” agenda, highlighting five actions that municipalities can take on their own to remove barriers to building the housing needed.
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