OneKey MLS Reports NY Metro Regional Housing Trends Point to Constrained Supply and a Potentially More Active Market Ahead
Single-family home sales, the region’s largest segment, fell 7.1% to 2,565, while median prices rose 4.7% to $748,500.
The competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3-billion investment.
The 16-story development that is estimated to cost more than $116 million to complete will include a variety of apartments.
With the 5-0 CAC affirmative vote, the Yonkers project now advances for full consideration with the New York State Gaming Location Board.
The 13-unit building traded for $846,156 per unit, which is a record for Mamaroneck and the second highest price per unit in Westchester County.
The CAC will meet on Thursday, Sept. 25 at the Yonkers Riverfront Library at 10 a.m., where it will likely vote on whether to approve or disapprove the MGM Empire City plan.
The 225,000-square-foot facility, centrally located in White Plains at 1111 Westchester Avenue, will offer adult and pediatric care spanning more than 90 specialties and subspecialties.
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.
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 new facility will include 14 regulation-size pickleball courts.
Westside Party Rentals, which is located next door to the Barrie House Coffee building, purchased the property for expansion of its operations.
Cappelli estimated that with the NYPA project, the total Hamilton Green development cost will be approximately $900 million.
If the Town Hall renovation and expansion project moves forward, the town would interview bid respondents in September and October and possibly issue a formal Request for Proposals in November of this year.
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