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HGAR bullish on residential real estate for 2022

Even with the Federal Reserve expected to tighten monetary policy and raise interest rates in the coming months, resulting in an uptick in mortgage interest rates, HGAR said that it expects a strong real estate market to continue into 2022.

No holiday from Covid

In the 24 hours before Christmas Eve, New York state set a new daily record for Covid cases with 44,442 recorded. That was double the number of single-day new cases reported just eight days earlier on Dec. 16.

Route 17 widening could cost $1.27 billion

The DOT’s study evaluated an approximately 47-mile segment of Route 17 running from Sullivan to Orange County, and found that the addition of one lane in each direction would cost approximately $23 million to $29 million per mile.

Hudson Valley to receive $34.8 million for bridge fixes

A total of $216.2 million in BRIDGE-NY money is being distributed to 88 local governments in New York in a new round of funding announced Dec. 15.

Westchester and Hudson Valley to receive millions in water funds

Millions of dollars for drinking water and sewer infrastructure projects will be flowing into municipalities in Westchester and other parts of the Hudson Valley as part of $115 million in new funding approved by the state's Environmental Facilities Corporation.

HGAR shows strong Q3 for Lower Hudson Valley real estate

Residential real estate activity in the lower Hudson Valley was so good in the third quarter of 2021 that the Hudson Gateway Association of Realtors said it ”surpassed historically high third quarter sales figures of 2020.”

HGAR: Suburbs staggeringly good; NYC real estate far from dead

“I’ve been in this business now for 35 years and what we saw this year, to me, was staggering,” Richard Haggerty, CEO of the...

Westchester, area hospitals to receive $433M in COVID-19 funding

Hospitals in the region will be sharing $433.5 million as part of $1.457 billion in additional federal COVID-19 funding. The new allocations come out of...

HGAR report: Residential real estate looked good before COVID-19

There were plenty of positive signs showing up in the Westchester County and lower Hudson Valley real estate market before the COVID-19 pandemic hit,...

Times Herald-Record newspaper to close Wallkill printing plant

Gannett’s Times Herald-Record newspaper based in Middletown, which serves Orange, Sullivan and Ulster counties, plans to close its printing and production facility in nearby...

Hudson Gateway Association of Realtors sees low inventory, vibrant market

“With a low inventory, buyers often find it difficult to find housing that fits their criteria,” its report stated.

HGAR report shows mixed 2Q real estate results

The second-quarter residential real estate report from the Hudson Gateway Association of Realtors (HGAR) showed a combination of weakness in some market segments and strength in others.

Four more counties eligible for Sandy aid

Four more counties in New York have been approved for additional Federal Emergency Management Agency (FEMA) funding after Hurricane Sandy.

Darien financier perishes in crash

A Darien investment executive was killed Oct. 9 in a helicopter crash in Pennsylvania, along with a pilot from New Jersey.

Scholastic on the hook for book taxes

The U.S. Supreme Court let stand a decision requiring Scholastic to collect Connecticut sales taxes from its school book club sales.