Pending sales, especially the 5% jump across all property types, show buyers gaining confidence.
Suburban multifamily, industrial, and medical office assets are likely to see the greatest bump in activity.
Neppl is a fifth-generation Newburgh native, attorney, and a 25-year veteran of New York State government and politics.
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.
BRI officials stated that while the new increases prevent another destructive rent freeze, they once again fall short of what is required to keep up with rising costs.
Located at 23 Bishop W.J. Walls Place, Willow at The Ridgeway will replace three vacant public housing buildings with a new eight-story, all-electric, 100% affordable building with 92 units for seniors.
The office buildings were all built in the 1970s and early 1980s and are currently approximately 50% vacant.
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