News: Brokerage

Hudson Gateway Realtors Foundation donates $3,500 to SHORE/ICARE

White Plains, NY The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, recently presented a check for $3,500 to Sheltering the Homeless is Our Responsibility (SHORE), now known as Sheltering the Homeless is Our Responsibility/Interfaith Council for Affordable Residence, Inc. (SHORE/ICARE).

SHORE/ICARE builds new multi-family homes or purchases and renovates properties to provide affordable rental apartments for homeless families or families about to become homeless. In addition to providing supported housing, SHORE/ICARE supplies donated furniture and appliances to homeless families when they move into their new apartments. It also pays utilities, insurance, and home maintenance costs to help residents make ends meet.

SHORE/ICARE now operates as an interfaith, nonprofit organization with a mission to develop innovative permanent housing for people without homes and families at imminent risk of homelessness in Westchester County, New York. SHORE/ICARE is the only agency in Westchester that builds and renovates homes to provide small-scale permanent housing for homeless families.

“SHORE/ICARE is very grateful to the Hudson Gateway Realtor Foundation for this generous donation,” said Kim Jacobs, board president. “This will be most useful in caring for the various buildings and projects for the benefit of our tenants.”

SHORE began in the winter of 1985 when volunteers and representatives from area churches and temples, who were concerned about the safety and rights of the area’s homeless individuals, founded the Open Arms shelter in a church in downtown White Plains. Open Arms now provides shelter and emergency drop-in services to more than 800 men annually.

In 1990, SHORE established its Permanent Housing Program to develop and manage small-scale housing for formerly homeless families and started offering case management support services. Currently, the organization supports 21 families (75+ individuals). In 2019, SHORE merged with ICARE, a group with a similar origin and purpose, and became SHORE/ICARE.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking