JULY 20, 2015 | VOL. 51, No. 29
4 | CABARET LAW UPDATED
15 | E-CIG BAN
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Court sinks Entergy’s challenge over river habitat BY COLLEEN WILSON cwilson@westfairinc.com
T
he owner and operator of Indian Point Ener�y Center lost the most recent court battle in its ongoing tussle with New York state, this time over a 2012 expansion of a state-protected habitat on the Hudson River. The Appellate Division of the state Supreme Court in Albany this month affirmed a lower court’s decision in favor of the state and its right to extend the protected area by 9 miles. Miles 45 through 56 of the Hudson River were designated by the state in 1987 as a “significant coastal fish and wildlife habitat area.” In 2012, that area was extended by the state Department of Environmental Conservation to span from miles 40 through 60. The new 20-mile zone, which runs through Dutchess, Orange, Putnam, Rockland and » ENTERGY, page 6
A boat passes Indian Point Energy Center in Buchanan. File photo by Bob Rozycki
House sales rise again Orange County leads with 30% surge; Westchester had highest sale prices BY JOHN GOLDEN jgolden@westfairinc.com
THE LOWER HUDSON VALLEY’S residential real estate market continues to show good health and “sustainability” through the first half of 2015, with housing sales in the four-county region up more than 12 percent in volume from the first half of last year, according to market analysts at the Hudson Gateway Association of Realtors. Second-quarter property sales were up nearly 15 percent from the second quarter of 2014 in Westchester, Putnam and Orange counties, where 3,669 residential deals closed from April through June, 474 more than last year.
The strong second quarter followed an active first quarter for the region’s housing market, when sales jumped 12.1 percent from last year’s first quarter. Through the first half of the year, brokers with the Hudson Gateway Multiple Listing Service reported 6,460 sales of single-family houses, condominiums, cooperatives and twoto four-family buildings. Westchester County brokers closed 2,183 sales in the second quarter, an 11.4 percent increase from the same period last year, and accounted for about 60 percent of the region’s total real estate sales for the quarter. Sales of single-family homes in Westchester were up 8.4 percent from the second quarter of
2014. The county’s strong condominium market recorded 311 second-quarter sales, a nearly 17 percent increase from the previous year. The 116 multifamily buildings sold amounted to a nearly 59 percent jump from a year ago. Westchester single-family homes again far outpaced neighboring counties in sale prices, with the second-quarter median price of $660,500 representing a 1.4 percent rise from the second quarter of 2014. By comparison, the second-quarter median price of a singlefamily home was $410,000 in Rockland County, $289,500 in Putnam County and $209,950 in Orange County. In Westchester, a single-family home fetched » HOUSE SALES, page 6