Monday, August 17, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
We knew it couldn’t last. They’ve finally found us out. Business Insider magazine, a business site with deep financial, media, tech, and other industry focus, revealed the top four places to find investment properties outside of New York City, and guess what! Three of them are in the Hudson Valley.
Business Insider interviewed Dawn Pfaff, founder of NY State MLS, the real estate tech platform now known as State Listings, Inc. last week. Pfaff discussed four markets that she feels are real estate 'hotspots' outside NYC which investors should target in 2020. Even with the Covid-19 pandemic dealing a series of hard economic blows to New York City, the suburbs and rural areas in the Hudson Valley have been hot spots for investment even with high demand and low inventory.
Pfaff highlighted these four markets that are still attractive to investors:
Orange, Ulster and Dutchess counties are numbS ...
Monday, July 1, 2019 / by Vanessa Saunders
On June 14th, New York lawmakers made a last minute move to extend and enhance a 1974 law protecting and stabilizing rents in the Hudson Valley. One day before existing NY rent regulations were set to expire, New York State lawmakers approved the Housing Stability and Tenant Protection Act of 2019, and Governor Andrew Cuomo signed it into law later that day. The law included major reforms in the state's affordable housing laws with sweeping tenant protections which are intended to tilt the balance of power in favor of renters vial the regulated housing market.
As reported in The River, an online news service covering politics, culture and life in the Hudson Valley, the most promising aspect of the law for housing reform advocates is that it allows municipalities throughout New York State to to "opt in" on rent stabilization laws that have only applied to New York City and its surrounding suburbs.
The River explained "The 2019 Act expands on and revamps the Eme. ...
Thursday, June 28, 2018 / by Vanessa Saunders
A great opportunity to own a home with rental income! Immaculate upstairs and downstairs apartments. Both apartments include a living room/dining area, bedroom, eat-in kitchen and full bath. Second floor has a laundry room off an upstairs deck.
Owned by the same family since 1910, this multi-family has been lovingly cared for, with several improvements over the years that make it in exceptional condition. It has a detached two-car garage, plus drive way with additional parking for two more cars. The back yard is fenced, and is ideal for parties, barbecues and other outdoor recreation.
Nestled in a quiet Port Chester neighborhood, the location couldn't be more convenient for commuting, close to Highways 287 and I-95. Not far is a Metro North train station and bus service, and not far away is the Westchester County Airport.
Just for fun, Playland Park is minutes away. There are also two public parks, Edgewood and Columbus within a comfortable walking dist; ...