Daily Archives: October 28, 2013

Armonk Supervisor’s Update | Armonk Real Estate

Dear Neighbors

Road Repaving Update

 

We are nearing the end of our Town-wide road repaving program for this year. We have followed our Pavement Management Study findings completing approximately 10 miles of work this season. Pothole and patch jobs are handled separately by our Town Highway Department.

This week we should be finishing Banksville Road, Round Hill Road and Shippen Road. That will only leave Palmer Avenue and Castle Heights in North White Plains to be finished.  Our 2014 repaving program will be again based on the findings of our Pavement Management Study

 

Halloween Parade on Main Street

 

Last year due to Hurricane Sandy we saved Halloween by hosting an impromptu event on Main Street. It was such a success that many people asked if we could do it again this year. With the cooperation of our wonderful Town Police, the Byram Hills Pre-school Association and our enthusiastic store owners, I am happy to announce that we will be holding a Halloween Parade on Main Street, Thursday, October 31, 3:00 pm to 4:00 pm. Come and show off your costumes. Some stores will be welcoming our little ghosts and goblins with treats.  The participating store owners will have flyers in their establishments and several are planning special events for the parents.   Cider and donuts will also be available at the Hergenhan Recreation Center between 4:00 pm – 5:00 pm.   At 4:00 pm our police will transition over to School Street to handle traffic control for our traditional neighborhood Halloween event.

Sincerely,

Supervisor Howard Arden

Pour a #Concrete Floor | #Armonk Real Estate

Concrete floors are a major component of many buildings, from homes and garages to shops and sheds. Pouring a polished concrete floor is hard work, and it takes skill, strength and tools. You may wish to have this job done by the best concrete contractors Yakima WA, but you can do it yourself. The tools can be rented at many rental places, and the skills are not very difficult to learn. If you’re undecided as to whether to do it yourself or have the job done by a professional, the following steps on pouring both a slab or in-foundation floor illustrate the basics and may help you decide.Well many of experts female also gives their opinion about concrete sealers,you can check her latest blog.

A concrete slab on which a building is erected is a fairly simple concrete pour, but it takes more work in creating the forms needed to hold the concrete. A pour within a foundation requires little in the way of forming, but in some cases can be a bit more difficult to pour, especially on larger projects. Regardless of the type of pour, or whether you do it yourself or have the job done, the first step is to check with local building codes and regulations, and acquire any permits needed.

The first step is to lay out the slab, making sure it is square. Batter boards and strings are used to establish the building perimeter.

Creating a Slab

First step is to lay out the slab. Take your time with this step and make sure you get it right. Lay out the slab incorrectly, and the building can be a nightmare. The slab must be square. Mark the outline of the building with stakes at each approximate corner. Drive a nail into the top of the stake and, using a tape measure, measure diagonally from stake to stake. The measurements must be equal. Move the stakes in or out to create equal diagonal measurements.

Another method is to place string lines on the nails to mark a rectangular perimeter. Measure and mark 3 feet on one string and 4 feet on the adjoining line. The distance between these two marks should be 5 feet. Again, move in or out as needed.

After the corners are determined and the building laid out square, batter boards are used to create a permanent perimeter mark at all corners. These will stay in place until the forms for the slab have been constructed. Two-by-4 stakes are driven solidly in place and boards nailed to their outer edges. The batter board tops should be level with each other. A string line and string level or laser level can be used to make sure all boards are level with each other. Once the boards are established, a string line is run for all sides of the slab. A plumb bob is used on the intersection of the strings to position their crossing points, or the building corners, directly over the nails on the original stakes.

Mark the outline of the slab with lime, following the string lines. Then dig up the area and remove sod and debris. The area is normally recessed slightly, but the top of the slab must be well above ground level or fill level. In many instances the slab is raised and soil filled in around it to create a slope to drain rainwater away from the slab. In some instances local codes may require a footing be poured before the slab. In other cases, a “stiffener” method may be used, digging a deeper area below the frost line around the perimeter of the slab

– See more at: http://extremehowto.com/pour-a-concrete-floor/#sthash.VRZgeUKm.dpuf

Bill Gates’ custom-built home in Medina, Washington | North Salem NY Homes

Software tycoon Bill Gates turns 58 today. Because he’s the world’s second-richest person (topped only by Carlos Slim, according to Forbes), you might expect him to have some pretty impressive living arrangements — and guess what, you’d be right.

 

He built his 66,000-square-foot main residence on Lake Washington in Medina, Washington, over the course of several years. It was assessed this year (and the three years before that) at $120.6 million, down from a 2008 high of $150 million.

Some time ago, U.S. News & World Report ran a fairly extensive article plus slideshow (with renderings, not photos) about the home. But Gates — who was originally quite voluble about the home — hasn’t talked much about it since. Among its unique features:

• A 2,100-square-foot library has secret bookcases and a dome with oculus. The ceiling is engraved with a quote. “He had come a long way to this blue lawn,” it reads, “and his dream must have seemed so close that he could hardly fail to grasp it.” It’s from “The Great Gatsby.”

• It has a pool with a “fossil motif” floor. You can swim under a glass wall to emerge near a terrace outside.

• Only about 20 percent of the home is family living space, including four bedrooms and nanny quarters. Much of the rest of the square footage is given over to a reception hall, offices, conference facilities, a computer room and other gathering spaces.

• The compound has seven bedrooms and 24 bathrooms — and six kitchens, presumably because the home hosts receptions and conferences.

• It has a “trampoline room” whose ceiling is 20 feet up.

• “Miles of communication cable, largely fiber optic, run throughout the house,” U.S. News reported, “linking computer servers powered by the Windows NT operating system. In each room, touch-sensitive pads control lighting, music, and climate. Visitors will wear small electronic pins, which will let the computers know who and where they are. Lights and other settings will adjust automatically. Floors throughout the house (and the driveway) are heated.”

• Much of the home is nestled into the hillside and underground. According to the architects: “A sod-covered guesthouse is sited at the highest point of the property. Invisible on approach and entered between two concrete walls, the building is choreographed to give a sense of moving through the earth to discover the distant lake and mountains.”

But our favorite discovery of all when researching this post? You can own Bill Gates’ home too! Just download the paper toy version at PaperToys.com.

A virtual tour of the home:

Real estate sales skyrocket; on cusp of a seller’s market | Mt Kisco Real Estate

It just keeps getting better.

The September real estate figures for the Greater Lehigh Valley show a robust 19.8 percent increase in home sales over September 2012, another strong month in what has been a brisk year of activity.

“This year has been absolutely the best year we have had probably in the last eight years,” said Bill Sands, broker with Sands & Company, Wyo-missing, Berks County. “It has been very robust.

“That robust activity and sales volume we experienced I feel is a direct attribute to the confidence that the market has reached bottom and has stabilized. The interest rates were still at an all-time low, so that has propagated a lot of people to feel safe to venture back into the market.”

The numbers from across the region show that 1,260 homes were sold in September, an increase of 208 homes when compared to last September. And going back two years, this year’s September numbers show a 23.4 percent jump over September 2011’s figures.

Sands sees positive signs for the market, in part because of a reduction in the number of foreclosures.

“In the past, foreclosures were very much as-is,” he said. “With the banks and investors taking back these properties, going in and doing the basic cleanup, they are getting a higher price point, which is helping to raise the bar on the value. It’s a very positive sign.”

 

 

 

http://www.lvb.com/article/20131028/LVB01/310259996/Real-estate-sales-skyrocket;–on-cusp-of-a-seller%C3%ADs-market

 

 

Mortgage rates last month reached two-year highs | Chappaqua Real Estate

Mortgage rates last month reached two-year highs, reducing affordability at the same time prices rose. With some would-be buyers pushed to the sidelines, the pace of recovery in real estate is cooling

Pending Sales of Existing Homes Slump by Most in Three Years | Bedford Hills Real Estate

Fewer Americans than forecast signed contracts to buy previously owned homes in September, the fourth straight month of declines, as rising mortgage rates slowed momentum in the housing market.

The index of pending home sales slumped 5.6 percent, exceeding all estimates in a Bloomberg survey of economists and the biggest drop in more than three years, after a 1.6 percent decrease in August, the National Association of Realtors reported today in Washington. The index fell to the lowest level this year.

Mortgage rates last month reached two-year highs and some homeowners are reluctant to put properties up for sale as they wait for prices to climb, leading to tight inventories. Those forces are pushing some would-be buyers to the sidelines and slowing the pace of recovery in real estate, giving Federal Reserve policy makers reason to delay reducing stimulus when they meet this week.

“We’ll be in this weakness for a little bit, maybe even going into the fourth quarter,” said Yelena Shulyatyeva, a U.S. economist at BNP Paribas in New York, the second-best forecaster of pending home sales over the past two years, according to data compiled by Bloomberg. “This is a clear signal to the Fed as to what happens when you try to play with nascent housing recovery. The minutes indicated they were really concerned about it.”

Production Slows

Another report today showed factory production rose less than forecast in September, indicating manufacturing cooled heading into the budget battle that partially closed the federal government this month. Output at factories rose 0.1 percent after a revised 0.5 percent gain in August that was smaller than initially estimated, according to figures from the Federal Reserve. The median forecast of economists in a Bloomberg survey called for a 0.3 percent September gain.

Total industrial production, which also includes output by mines and utilities, advanced 0.6 percent as higher temperatures drove up electricity use.

Stocks were little changed after the pending sales report, erasing earlier gains. The Standard & Poor’s 500 Index rose less than 0.1 percent to 1,761.32 at 10:32 a.m. in New York. The S&P Supercomposite Homebuilding Index dropped 0.7 percent.

 

 

http://www.bloomberg.com/news/2013-10-28/pending-sales-of-existing-homes-slump-by-most-in-three-years.html

 

Pending home sales fall on declining home affordability | Bedford Real Estate

The number of real estate contracts signed and recorded declined 5.6% from August to September, as home affordability receded under the influence of higher mortgage rates, home prices and consumer uncertainty, the National Association of Realtors concluded Monday.
The NAR Pending Home Sales Index – a barometer of real estate contract signings – fell from an index score of 107.6 in August to 101.6 in September. It also declined 1.2% from year ago levels when the index hovered at 102.8.

This is the lowest index level reached since December of last year, and NAR is blaming the influence of declining home affordability, lower consumer confidence and a government shutdown that shook up both construction activity and home sales.

“Declining housing affordability conditions are likely responsible for the bulk of reduced contract activity,” said Lawrence Yun, NAR’s chief economist. “In addition, government and contract workers were on the sidelines with growing insecurity over lawmakers’ inability to agree on a budget. A broader hit on consumer confidence from general uncertainty also curbs major expenditures such as home purchases.”

The numbers suggest a lackluster fourth quarter, with Yun saying for the first time in 29 months pending home sales failed to come in above year ago levels.

 

http://www.housingwire.com/articles/27657-pending-home-sales-fall-on-declining-home-affordability

 

Judge Dismisses Armonk Square Lawsuit | Armonk Real Estate

A lawsuit that alleged the town of North Castle made unauthorized and improper changes to the site plan of Armonk Square has been dismissed.

The Planning Board has already approved Armonk Square’s site plans for the construction of a supermarket, office space, retail space, and residential units.

In July, 37 Maple Avenue, a corporation managed by Armonk Developer Michael Fareri, challenged the town’s issuance of these certificates of occupancy. In a decision dated Oct.17, Acting State Supreme Court Justice Susan Cacace, wrote that the petitioner, 37 Maple Avenue, does have standing to bring this proceeding. The 2012 settlement clearly stated that the filing of a new Article 78 proceeding was not a remedy provided for in the stipulation.

The town also said that 37 Maple Avenue did not exhaust its administrative remedies by failing to appear before North Castle’s Zoning Board of Appeal as is required by law. Cacace said that the court agreed that the petitioner, 37 Maple Avenue, “failed to exhaust its administrative remedies as a condition precedent to the commencement of an action or special proceeding.”

Mark Miller, an attorney with Veneziano & Associates, representing Armonk Square , said, “We think the judge rendered exactly the right opinion based upon two actions.” The certificate of occupancy issued by the building Inspector says the buildings of Armonk Square are safe and fully compliant with town laws.

Miller said one action taken by 37 Maple Avenue was its failure to file a challenge with the Zoning Board of Appeals within 60 days of when the certificate of occupancy was issued. Miller adds that the settlement of a prior lawsuit prohibited 37 Maple Avenue from filing an Article 78 proceeding against Armonk Square for essentially for the same project.

The lawyer for 37 Maple Avenue, Alan Singer, a partner of Welby, Brady and Greenblatt, said his firm is contemplating filing a notice of appeal of the judgement in an appellate court. They have 30 days from Oct. 17 to do so.

Singer said the judgement barring a new Article 78 suit is wrong because the previous settlement prohibiting the filing of an Article 78 suit was part of a judgement about a different set of plans for Armonk Square.

Miller said Armonk Square’s parking requirements were established by the Town Board as a blend of several requirements by the central business zoning district. Miller says all of the environmental impacts were considered and addressed. “They can file an appeal and we are confident that the appellate division will make exactly the same finding.”

Miller said there was excellent cooperation between his firm and the town attorney, and Supervisor Howard Arden said that the cost of defending the town in this lawsuit was $15,300

 

 

http://armonk.dailyvoice.com/politics/judge-dismisses-armonk-square-lawsuit

Never be locked out again: KeyMe app creates digital copies of keys, stores them in the cloud | Cross River Real Estate

KeyMe‘s smartphone app lets you scan digital copies of your keys, so that you can obtain new ones without paying a locksmith to break your lock, and more easily manage or share them.

Drawing on a user’s key scan, the app generates instructions that any locksmith may follow to create a physical copy of a key.

KeyMe users in New York City can also take advantage of special kiosks — a number of which are already deployed around the Big Apple — to print new keys themselves, using either a digital or physical copy of a key.

 

 

– See more at: http://www.inman.com/2013/10/25/never-be-locked-out-again-keyme-app-creates-digital-copies-of-keys-stores-them-in-the-cloud/#sthash.ELpFFhT3.dpuf

Home prices close in on housing bubble peak | Bedford Corners Homes

Nationwide, home prices are now just 14 percent off of their bubble era peak, according to real estate data and technology firm Lender Processing Services.

LPS’ U.S. Home Price Index came in at $231,000 in August, up 9 percent year over year and a slight 0.4 percent from July. The index peaked at $270,000 in June 2006.

Texas, in particular, is booming. The state’s HPI hit a new peak of $185,000 in August, as did Texas metros Austin ($240,000), Dallas ($184,000), Houston ($185,000) and San Antonio ($172,000).

 

 

Source: LPS

– See more at: http://www.inman.com/wire/home-prices-close-in-on-housing-bubble-peak/#sthash.3AZ7TiWq.dpuf