The Lower Hudson Valley’s real estate market is booming, with a multitude of apartment developments underway, unique commercial and residential listings, and more.
That’s why The Journal News and lohud.com‘s Growth and Development team is bringing you a new feature: This Week in Real Estate, where we take a second look at stories on this essential reporting beat. Look for this page to post on Fridays.
Take a look at this week’s features, as well as a few stories you may have missed from the week before.
“A recent report presented by the Regional Plan Association offered key details about transit oriented development (TOD) in the Lower Hudson Valley, including data from how many multi-family units exist near Metro-North stations, to just how long it takes a resident to walk to the train.”
Check out Helu Wang’s story on the TOD study here.
Related story:Study examines ‘transit oriented developments’ in Lower Hudson Valley communities
“While the Lower Hudson Valley has a diverse housing stock, nearly half of municipalities along Metro-North lines are considered unfriendly to multi-family developments, according to a report by the non-profit Regional Plan Association.”
Check out Helu Wang’s deep dive on this issue here.
Related story:Nearly half of Lower Hudson transit oriented developments are in ‘restrictive’ areas
General Electric’s former Crotonville training center/retreat in Ossining has sold for more than $50 million under its valuation.
Find out what it sold for, as well as what’s next for the former campus in Michael P. McKinney’s story.
Related story:General Electric’s Crotonville campus sold. What’s next for the Ossining property
In case you missed it: Mamaroneck has a looming housing crisis, an American author’s childhood home is for sale, and more
“Mamaroneck village is in the throes of an affordable-housing crisis, a village government-issued report says. Incomes can’t compete with rising rents and the median single-family house sold for $1.08 million in 2023.”
Read Michael P. McKinney’s analytical deep dive on this issue here.
Related story:Mamaroneck village residents are ‘rent’ and ‘cost’ burdened. What that means
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“The childhood home of author E.B. White, who wrote ‘Charlotte’s Web’ and other classic children’s books, has undergone major renovation and is on the market for $2.8 million.”
Check out Michael P. McKinney’s sneak peek at this unique listinghere.
Related story:‘Charlotte’s Web’ author EB White’s childhood house is for sale for $2.8M in Mount Vernon
For this first installment of our new series, “Ask a Realtor”, journalist Helu Wang asked Lower Hudson Valley experts about the recent National Association of Realtors settlement, and whether or not it could impact the market in Westchester, Rockland and Putnam counties.
Check out what local Realtors had to say for this story.
Contact the Growth and Development team
- Have a question for a Realtor? Email Growth and Development reporter Helu Wang ([email protected]).
- Have a tip on a unique listing? Reach out to Growth and Development reporter Michael P. McKinney ([email protected]).
- Ashley Fontones is the Emerging Audiences Editor at The Journal News and lohud.com. Got an idea for a poll or a story? Email her at [email protected].
What’s on tap for next week: More questions for realtors, how much space can you rent or buy, and more. Be the first in the know by subscribing to lohud.com or signing up for one of our newsletters.
