The report revealed that 24% of recent home buyers were purchasing for the first time, a significant drop from 32% last year.
The award honors high-achieving real estate individuals for their trust, professionalism and service to buyers and/or sellers during the past year.
Before joining Hudson United Title, she was a top producer at Great American Title Insurance Agency and held a distinguished tenure as Vice President at Fidelity National Title Insurance Company.
In total, the project will entail four mixed-income, multifamily buildings totaling 860 rental units, including 78 on-site affordable units, along with accessible open space.
According to a cost benefit analysis prepared for the LDC, the renovations project would generate a one-time sales tax revenue of $45,973 and $5.2 million in sales tax revenue over a 30-year period.
The Critical Care Tower at Westchester Medical Center will house several notable services, including advanced cardiac, neuroscience, oncology, and surgical specialty care.
Station Lofts will consist of a five-story, 180-unit Class A multifamily residential development, ranging from studios to two-bedroom homes.
Located at 23 Mulberry St. in the Hollow neighborhood of South Yonkers, the $48 million, four-story building has 60 energy-efficient, affordable apartments for seniors.
The diminishing property values have restricted property owners' access to loans for essential upkeep, renovations, and maintenance, leading to a rapid deterioration of rent-stabilized buildings in the coming years.
Developer AMS Acquisitions received preliminary approval of financial incentives totaling approximately $11.6 million in sales and mortgage tax exemptions for a multi-phase $306.7-million, mixed-use development.
The City of Port Jervis was named the Mid-Hudson region winner of the sixth round of the Downtown Revitalization Initiative in 2023.
The consent decree, which still must secure court approval, will require WJWW to pay $1.25 million in civil penalties to the U.S. EPA ($600,000) and to New York State ($650,000).
Cross County was originally developed by Sol Atlas. The more than 70-acre property began operations with approximately 30 stores and the Cross County Hospital, which closed in the 1980s and was later redeveloped as a hotel.
With the median sales price for a single-family home in the City of Mount Vernon at $627,550 as of April, a 1.5% transfer tax translates to $9,413.25.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
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