Tag Archives: Armonk Luxury Real Estate

Armonk Luxury Real Estate

North Castle Administrator Goldberg Returns Shortly After Abrupt Firing | Armonk Real Estate

Less than a month after her firing, the new North Castle Town Board recently welcomed Joan Goldberg back as town administrator, according to a report from LoHud.com.

The North Castle Town Board voted unanimously to bring back Goldberg on Wednesday, Jan. 8, during the board’s first meeting of the year, according to the report. The North Castle Town Board voted 3-2 to fire Goldberg in December “without cause,” 16 months after she was hired. Town Supervisor Howard Arden and council members Diane Didonato-Roth and John Cronin, who voted for the firing, were not re-elected.

“My only concern is for the work force in North Castle to be able to understand what happened,” Goldberg said in the LoHud report. “It’s disconcerting to see this type of political stuff. When they see something like this, it really shakes the force.”

http://armonk.dailyvoice.com/news/north-castle-administrator-goldberg-returns-shortly-after-abrupt-firing

Manhattan apartment market closes out crazy year with record-smashing quarter | Armonk Homes

We’ve said it before, but now we can say it definitively: 2013 was a banner year for real estate, particularly for high-end residential sales. In fact, so many real estate records were smashed in the fourth quarter, according to reports released today by the city’s biggest residential brokerages, that data wonk Jonathan Miller said it was hard to count them all.

The last three months of 2013 had the most sales of any fourth quarter since Miller began compiling the data 25 years ago, according to the report that his appraisal firm, Miller Samuel, prepared for Douglas Elliman. Median condominium sale prices and inventory were also at a record high and low, respectively, Miller said.

“The fourth quarter is usually the weakest,” he said. “But we have a lot of records going on this quarter. It’s a bit of an anomaly.”

In the fourth quarter, 3,297 apartment transactions closed in Manhattan, a 26 percent increase over the same period in 2012, and the median condo sale price hit $1.32 million, up 14.3 percent from $1.13 million this time last year, the Elliman data show. Part of the reason for the spike was that larger units sold, Miller said.

The overall median sale price was $855,000, up 2 percent from a year ago.

The median cost for a one-bedroom condo was $891,000 last quarter, up 9.19 percent from $816,000 last year at this time, whereas two-bedrooms ticked in at a median of $1.83 million, up 12.2 percent from $1.63 million, according to Town Residential’s fourth quarter report. Three-bedroom condos hit $3.22 million, up 3.8 percent from $3.1 million year-over-year.

Co-op prices were up 4.6 percent year-over-year, to a median sale price of $680,000 in the fourth quarter, according to Elliman’s data.

And according to Halstead Property, new development sale prices in the last quarter averaged $1,562 per square foot, up a whopping 26 percent from 2012’s average, about $1,230 per square foot – another record. (Halstead shares data with sister brokerage Brown Harris Stevens.)

http://therealdeal.com/blog/2014/01/03/manhattan-apartment-market-closes-out-crazy-year-with-record-smashing-quarter/

Major snowstorm coming; up to 8 inches expected; schools dismissing early | Armonk NY Homes

The region’s worst storm so far this winter is expected to bear down Thursday with up to 8 inches of snow, with near-blizzard conditions forecast to kick up as soon as the evening rush hour.

Officials are encouraging commuters to take public transportation and consider leaving work early, as heavy snow and strong winds are expected from Thursday night into Friday.

The storm also will bring with it the possibility of even more of a holiday break for students after the traditional Christmas-to-New Year stretch. Half of the 54 school districts in Westchester, Rockland and Putnam were scheduled to resume classes Thursday; some schools will dismiss students early on Thursday and Lakeland schools are closed. List:

http://lohud.com/schoolclosings

A winter storm warning is in effect from 4 a.m. Thursday until 1 p.m. Friday for northern Westchester, Putnam and Rockland, and from 6 p.m. Thursday until 1 p.m. Friday for southern Westchester, the National Weather Service said Wednesday

Light snow started falling in parts of Westchester, Rockland and Putnam counties before dawn on Thursday, and it could be followed by a few inches during the day. The bulk of the snow is expected Thursday night into Friday. Winds could be close to 30 miles per hour after midnight Thursday. Friday’s high will be near 13 degrees and blustery winds will make it feel like below zero.

The National Weather Service is calling for total accumulations of 6 to 8 inches in Westchester, Rockland and Putnam. Map: Projected snowfall totals:

http://1.usa.gov/1gKMOXe