Tag Archives: Armonk Luxury Homes

Armonk Luxury Homes

Buying and selling homes could soon be as easy as trading stocks | Armonk Homes

HomeUnion wants to level the playing field for smaller investors, helping them compete with institutional giants to identify bargain-priced single-family rental properties in markets around the country, and then buy and manage them from afar.

Institutional investors try to make a killing by snatching up undervalued homes and renting them out. But it can be harder for smaller investors to get in on the action if they don’t live near the markets with the best deals, or don’t want to be landlords.

 

 

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http://www.inman.com/2014/08/26/buying-and-selling-homes-could-soon-be-as-easy-as-trading-stocks/?utm_source=20140826&utm_medium=email&utm_campaign=dailyheadlinesam

Once again, real estate opens up its coffers for Cuomo | Armonk Real Estate

 

Top New York real estate players continue to funnel their considerable financial resources to Governor Andrew Cuomo’s re-election campaign, a review of the latest state campaign finance filings show.

Leading the pack by a comfortable distance was Leonard Litwin’s Glenwood Management, which gave $169,200 between July 12 and August 4, according to campaign finance records. In total, Glenwood, which has a rental apartment empire on the Upper East Side and is a vehement opponent of the under-construction East 91st Street waste transfer station, has given the governor over $1 million since 2011.

Retail real estate mogul Richard Baker of NRDC Equity Partners gave Cuomo $50,000 between July 12 and August 4. NRDC, through subsidiaries, owns both Lord & Taylor and Saks Fifth Avenue.

Entities associated with the Fisher Brothers — which was recently hit with subpoenas by the now-defunct Moreland Commission over 421-a tax abatements that were carved out by Cuomo for the firm — gave at least $40,000. BFC Partners, which is developing the $580 million Empire Outlets mall project on Staten Island, gave $25,000. East Coast Plumbing LLC, which shares a Paramus, NJ-address with a Vornado Realty Trust-controlled entity, also gave $25,000, as did entities associated with Ron Moelis’ L&M Development.

Brokers who opened their wallets for Cuomo in this period include Cushman & Wakefield’s Bruce Mosler, who gave $10,000, and Newmark Grubb Knight Frank’s Brian Waterman and Michael Ippolito, who each contributed $5,000.

Overall, Cuomo raked in just under $1.1 million in this filing period.

The Fisher Brothers and Mosler made their donations on July 24, the New York Observer noted, just a day after a New York Times investigation revealed that Cuomo may have interfered with an anti-corruption panel that was looking into his ties to the real estate industry.

In the first half of the year, Cuomo’s four top donors all came from the industry, as TRD reported.

– See more at: http://therealdeal.com/blog/2014/08/13/once-again-real-estate-opens-up-its-coffers-for-cuomo/#sthash.3Rmx3MRj.dpuf

Property firms were major contributors in first half of year to governor’s re-election campaign | Armonk Real Estate

 

The top four donors who contributed during the first half of this year to Governor Andrew Cuomo’s re-election campaign are all in the real estate industry, a review of state campaign filings show.

Leonard Litwin’s Glenwood Management, which has been Cuomo’s top donor overall, was the highest contributor, providing $219,200 to his coffers. The firm was followed by $205,000 that members of the Dolan family and their company Cablevision donated, followed by $125,000 given by limited liability companies owned by Richard LeFrak’s LeFrak Organization. Rounding out the top four: three entities affiliated with Stephen Ross’ Related Companies. The trio gave a total of $125,000, the review of the latest campaign filings show.

The filings are for donations provided to Cuomo’s campaign coffers between January 12 and July 11. During that time, he raked in a total of $8.4 million from all donors.

Other large real estate contributors include Ron Burkle, the California billionaire who purchased stakes in several Meatpacking buildings and the Soho House company. He gave $60,800.

Real estate developer Joseph Moinian, CEO of the Moinian Group, donated $30,000. Andrew Farkas, a real estate investor, donated the same. Jane Goldman, an heir to the Sol Goldman fortune and head of the company Solil Management, donated $25,000.

Others who gave $25,000 were Sheldon Solow, the owner of 9 West 57th Street; Michael Mattone, an executive vice president at the development firm the Mattone Group; and Kenneth Fisher, a partner at builder and owner Fisher Brothers.

 

 

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Future of housing in question | Armonk Real Estate

 

The housing industry remains guarded as second-quarter earnings are estimated to trend down slightly for most U.S. banks, presenting a questionable future for the market.

Kroll Bond Rating Agency released its Q2 2014 Bank Earnings Preview, which cautioned that there will be persistent challenges in areas such as mortgage finance, capital markets and net interest margins for the next several years.

And banks will feel the weight of that, Kroll said.

“Over the next several years, we believe that the business models of large banks will be changing significantly as the importance of mortgage lending and servicing declines relative to other activities. Indeed, among U.S. depository institutions, credit unions are the only sector currently increasing their exposure to the mortgage market,” the report said.

Volatility in market interest rates and a lackluster economy spurred a difficult first quarter, and the second half of the year won’t be much better as “a lack of visibility as to the future direction of interest rates will be a reoccurring theme for banks and markets during the rest of 2014.”

The first bank to release its earnings will be mortgage giant Wells Fargo (WFC) on Friday morning.

While the bank is the market-share leader in the origination and servicing of 1-4 family mortgage loans, Kroll cautioned, “Given the decline in mortgage lending volumes experienced by WFC and other large banks, as well as the zero-rate policy of the FOMC, it may be difficult for the bank to deliver positive revenue growth in 2014 and beyond.”

During the first-quarter of 2014, Wells Fargo reported record net income of $5.9 billion, up 14%, or $1.05 per diluted common share, around expectations.

 

 

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Future of housing in question amid 2Q14 earnings release

 

Mortgage Rates Little Changed Heading Into Holiday Weekend | Armonk Real Estate

 

Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage unchanged or easing slightly lower. Fixed mortgage rates remain lower this week than at the same time last year.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.12 percent with an average 0.5 point for the week ending July 3, 2014, down from last week when it averaged 4.14 percent. A year ago at this time, the 30-year FRM averaged 4.29 percent.
  • 15-year FRM this week averaged 3.22 percent with an average 0.5 point, unchanged from last week. A year ago at this time, the 15-year FRM averaged 3.39 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.98 percent this week with an average 0.4 point, unchanged from last week. A year ago, the 5-year ARM averaged 3.10 percent.
  • 1-year Treasury-indexed ARM averaged 2.38 percent this week with an average 0.4 point, down from last week when it averaged 2.40 percent. At this time last year, the 1-year ARM averaged 2.66 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Quotes
Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

“Mortgage rates were little changed from the previous week and remain below levels seen the same time last year, which should provide some help with homebuyer affordability in many markets. Recent housing data was better with pending home sales up 6.1 percent in May and overall construction spending showing a slight improvement with private residential spending now up 7.5 percent on yearly basis.”

 

 

 

Chinoiserie Chic in New England | Armonk Real Estate

Interior designer Phoebe Lovejoy Russell’s kitchen/dining room was not working for her family at all. One of the first things you see when you walk into her condo, the kitchen had an oddly placed freestanding closet, and a 4-foot-long island divided the space in an awkward way. Striving to keep it open, light and not too kitchen-y, she created a look that’s bright and crisp with fresh chinoiserie style, taking inspiration from two hand-painted silk wallpaper panels.

Conrad Hilton’s Beached Boathouse In The Keys Asks $6.25M | Armonk Real Estate

 

20 images

A boathouse purportedly custom build for Conrad Hilton, the famous hotel baron and founder of Hilton Hotels, and Paris’ grandpop, is on the market for $6.25 million. The 60 foot 1948 Chris Craft was docked next to the nearby Cheeca Lodge when Hurricane Donna hit in 1960, flinging Hilton’s boathouse up onto US 1, from where it was then rolled on telephone poles to this spot. It has also played host to Presidents Truman and Bush Sr. over the years. The boathouse has a main level cabin and bunk beds in what was probably the upper deck bridge, and comes with 5.24 acres of land and an expansive 300 feet of oceanfront beach, which is fabulously rare in the keys.

 

 

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http://miami.curbed.com/archives/2014/06/18/conrad-hiltons-beached-boathouse-in-the-keys-asks-625m.php

Boom! Richard Sherman Buys Seattle-area Home from Jamal Crawford | Armonk Real Estate

 

It’s been a big year for Seattle Seahawks cornerback Richard Sherman. First, he helped lead his team to its first-ever Super Bowl victory — a crushing 43-8 win over the Denver Broncos in Super Bowl XLVIII. On June 6, it was announced he would be featured on the cover of Madden NFL 15, a popular video game series. And lastly, he recently went home shopping and landed himself a nice deal.

Source: Wikipedia

The famously outspoken All-Pro defender has bought a $2.3 million mansion in the Seattle area from Jamal Crawford, a Seattle native and star guard for the Los Angeles Clippers. The sale was first reported in the Seattle Post-Intelligencer, and the sale is recorded in property records.

Crawford lost $1 million on the 4-bedroom, 6.25-bath home in Maple Valley, WA. He bought it in April 2006 for $3.231 million.

Maple Valley is about 45 minutes from Seattle and convenient to the Seahawks practice field in Renton.

After an extension deal announced last month, Sherman is the highest-paid cornerback in the NFL, with a four-year, $56 million contract.

The private, gated Mediterranean mansion has a curved staircase, “Tuscan columns,” and two stone fireplaces. A red game room has a pool table and wet bar, and three bedrooms have private decks. There’s also an indoor swimming pool and a basketball court.

 

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http://www.zillow.com/blog/richard-sherman-buys-seattle-home-153690/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ZillowBlog+%28Zillow+Blog%29

 

Armonk NY Farmers Markets | Armonk NY Real Estate

 

JAN2014-DTE-E-Mail-Masthead_(722x226pxl)FRESH-2-(1

A Toast to Local Spirits; Tuthilltown Spirits Farm Distillery Comes to Piermont
SIX Day Vendors in Larchmont on Saturday + MORE

May 29th – June 4th, 2014

DowntoEarthMarkets.com
Lettuce_MSP
What’s New, In Season, and On Sale This Week

10% OFF Full Cases!

Tuthilltown Spirits Farm Distillery

Asparagus & Crab Ravioli
With asparagus from Newgate Farms
Trotta Foods

Beef Sirloin Tips: $2 OFF per pound
(Reg $17.25/lb; now $15.25/lb)

Kiernan Farm

Beets

Migliorelli Farm

Broccoli Rabe
Gajeski Produce

Cinnamon Buns
Elodies Bakery

Eggs

Just gathered from the farm’s hens, turkeys, and geese
Stone & Thistle Farm


Fresh Whole Chickens &
Chicken Parts

Stone & Thistle Farm


Frozen Kofta, Rajma, Saag,
Samosa and Roti Roll

Bombay Emerald Chutney Company

Gluten Free Strawberry Rhubarb Pie
Bearsville Bakers

Indian Chutneys – SALE
Buy 4 jars & get $2 OFF purchase

Bombay Emerald Chutney Company

Pate de champagne
Stone & Thistle Farm

Pork Sausages: Buy any 5 packages,
get $10 OFF total purchase!
Choose from Andouille, Breakfast,
Chorizo, Hot Italian, and Sweet Italian

Kiernan Farm


Rhubarb
Migliorelli Farm

Sausages
Breakfast, Chorizo, Sweet Italian
and “The Ronald Reagan”
Stone & Thistle Farm

Spicy Rhubarb Compote
Great for pork belly
Stone & Thistle Farm

Tuna
American Pride Seafood

Tuscan Kale
Migliorelli Farm

Swordfish
American Pride Seafood


Click on a Market to see all vendor and event details…

Westchester
County


Rockland
County


Ossining

Saturdays
8:30 am-1:00 pm


Larchmont


Saturdays
8:30 am-1:00 pm

Piermont

Sundays
9:30 am-3:00 pm

L
Croton-on-Hudson

Sundays
9:00 am-2:00 pm


Rye

Sundays
8:30 am-2:00 pm

Spring Valley

Coming in July

Tarrytown/Sleepy Hollow

Saturdays
8:30 am-1:00 pm


New Rochelle

OPENING DAY: JUNE 20th
Fridays
8:30 am-2:30 pm


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
Ossining

Now that the spring is here, the Ossining farmers market opens at 8:30 am!

12 tiny, tricked-out homes | Armonk NY Homes

 

Fueled by backlash from the financial and housing crisis, these homes — typically sized 500 square feet or smaller — are having a moment. In April, the first Tiny House Conference in Charlotte, North Carolina, sold out, attracting some 170 attendees.

Tiny-house pioneer Dee Williams, who has spent the last decade in an 84-square-foot home in a friend’s backyard, has toured touring the nation to promote her memoir “The Big Tiny.” Even students at the Savannah College of Art and Design are getting into the game, building an entire floor of 135-square-foot homes inside an old school parking lot.

These home may be environmentally friendly — they force owners to reduce their possessions and, often, to use less power — but they’re not exactly cheap. Tiny houses typically cost between $200 to $400 per square foot. On a square-foot basis, that’s far pricier than the average American home-and tiny homes don’t include land.

 

 

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http://realestate.msn.com/12-tiny-tricked-out-homes