Tag Archives: Bedford Corners NY Luxury Homes

The Hills Are Coming to Life on Governors Island | Bedford Corners Real Estate

In the middle of the New York Harbor, where unused, decades-old buildings once stood, four hills are taking shape, sloping up toward the sky and pointing to the Statue of Liberty. The man-made mounds are the newest parkland on Governors Island, and when they open in 2016, visitors will be able to climb 80 feet up to see some of the best views anywhere in the city. Giant slides, wooded pathways, and grassy lawns will cover the hills, which are constructed entirely out of fill and debris from the buildings that used to occupy this part of the island. Dutch architecture firmWest 8 designed the new landscape, and the Trust for Governors Island took the first visitors to the hills last Friday during a Jane’s Walk with the Municipal Arts Society.

IMG_4638.jpg[Looking north from the top of Outlook Hill over the rest of the park toward Manhattan.]

The hills are the final piece of the island’s new 30 acres of parkland, all designed by West 8. Last year, Liggett Terrace, the Play Lawn, and Hammock Grove opened, giving park-goers rolling hills and a forest (well, what will eventually be a forest) with 60 species of trees. The new park was created with climate change and rising sea levels in mind (the Dutch know a thing or to about floods), so the landscape is flood-resistant.

IMG_5523.jpg[Walking through Hammock Grove.]

When the hills open, they will be the southern most feature of the island that is open to the public, though they will eventually be joined by future developments. To get to the hills, visitors walk through the Hammock Grove, where the trees are starting to fill in. Ellen Cavanagh, the Director of Planning at The Trust for Governors Island, explained that since the climate on the island is harsher than inland, they deliberately chose young trees so they can establish their roots and become stronger over time. As such, they only lost eight trees in the first year.

IMG_5527.jpg[At the base of the hills.]

The hills are located just south of the new ball fields, and currently, they are just giant piles of dirt. Grassy Hill, the smallest of the bunch, is at full height, and when you walk to the top, it feels like you’re well above the rest of the island, but Cavanagh points out that the elevation is no greater than the highest point in Hammock Grove, about 27 feet up.

IMG_5533.jpg[Climbing up Outlook Hill.]

At 70 feet, Outlook Hill will be the tallest. Currently, it stands at 50 feet, and it already feels incredibly tall compared to everything else around it. Cavanagh says they have been able to build at 10 feet a month, but after each level of fill is molded into place, they have to pause for it to settle and monitor it so it doesn’t move. All of the fill and debris that the hills are made from came from other parts of the island, including those buildings that they imploded in 2013.

IMG_5547.jpg[On top of Grassy Hill.]

The hills are currently on schedule to open in 2016, but Cavanagh says that could change. “We are designing with nature and nature doesn’t always cooperate with your construction plans.”

NAHB Updates Local Impact of Home Building Numbers | Bedford Corners Real Estate

In addition to studies customized to a particular area, NAHB has traditionally produced a “typical local” report using national average inputs.  This report—showing the jobs, income and taxes generated by residential construction in a typical local area—is available free to everyone on NAHB’s web site.

In April 2015, NAHB updated the typical local report.  A quick summary of the new numbers is as follows:

The updated estimates of the one-year impacts (including income earned during construction and the ripple effect that occurs when some of the income is spent) of building 100 single-family homes are

  • $28.7 million in local income,
  • $3.6 million in taxes and other revenue for local governments, and
  • 394 local jobs.

And the annual, ongoing impacts (resulting from the home becoming occupied and the occupants participating in the local economy) are

  • $4.1 million in local income,
  • $1.0 million in taxes and other revenue for local governments, and
  • 69 local jobs.

read more…

 

NAHB Updates Local Impact of Home Building Numbers

Millennials accounted for largest share of home purchases last year | Bedford Corners Real Estate

The albatross of student debt, underemployment and weak wage growth didn’t prevent millennials from accounting for the largest share of home purchases, according to data released Wednesday.

The National Association of Realtors said millennials, or those between 18 and 34 years old, accounted for the largest share of home buyers last year at 32%, according to a report from the National Association of Realtors. Millennials make up 23% of the U.S. population, according to separate data from the Census Bureau.

This is the third year of the survey, and the second year millennials had the top spot.

The median age of millennial homebuyers was 29, their median income was $76,900 and they typically bought a 1,720-square foot home costing $189,900.

Generation X, or those between 35 and 49, was closely behind with a 27% share. The median buyer in that group was 41 years old, had a median income of $104,600 and purchased a 1,890-square-foot home costing $250,000.

The median home purchase for all buyers was 1,870 square feet and cost $216,000.

According to the survey, 13% of all home purchases were by a multi-generational household, consisting of adult siblings, adult children, parents and/or grandparents.

 

read more…

 

http://www.marketwatch.com/story/millennials-accounted-for-largest-share-of-home-purchases-last-year-2015-03-11

Midcentury Miami Shores Ranch is All That | Bedford Corners Real Estate

This classic, early midcentury ranch-style house in Miami Shores may not be particularly big, at 2,320 square feet, and its restoration may have resulted in the loss of some midcentury touches (Was there once terrazzo in the marble-floored Florida Room? Did the bathrooms have colorful toilets?) but the result still shines. A roomy, open-planned layout with wooden floors and high, vaulted ceilings, and some original details like the house’s old fake fireplace (a space-heater would likely have been installed there originally) all work well together. A covered outdoor loggia with second fireplace (this one isn’t fake) flanks the pool, which is a turquoise blue rectangle in a simple green box; an outdoor room made of ever-so-nicely-trimmed box hedges. The three bedroom, two bath house is priced at $980,000

 

read more…

 

http://miami.curbed.com/archives/2015/02/12/midcentury-miami-shores-ranch-is-all-that-for-1-million.php

Oil Price Drop and Houston Real Estate | Bedford Corners Homes

The ranks of million-dollar homeowners in Houston have swelled in recent years, with the number of sky-high home sales more than doubling since 2010. But the market’s swift surge is now threatened by strains in the energy industry that fueled much of the city’s high-end real estate boom.

Wealthy Houstonians purchased 1,411 homes that each sold for at least $1 million last year, up from 688 five years earlier, according to the Houston Association of Realtors.

And Houston had the highest number of luxury home sales among Texas’ four major cities last year, a report released Monday by the Texas Association of Realtors showed. That represents almost 2 percent of this area’s total housing transactions.

Million-dollar-plus home sales were up 13 percent in 2014 over the previous year, according to the second-annual Texas Luxury Home Sales Report, which looks at high-end home sales in the state’s largest cities based on sales data from the first 10 months of the year.

With astonishing speed, however, the price of oil has fallen to levels not seen in five years, and the most dour economic predictions now show Houston at risk of going into a recession.

 

read more…

 

 

http://www.houstonchronicle.com/business/real-estate/article/Plunging-oil-could-chip-away-at-million-dollar-5995534.php

Just How Much Rainwater Can You Collect Off Your Roof? | #BedfordCorners #RealEstate

When we watch the evening news, the weatherperson will oftentimes say things like “X city received an inch of rain today”, which does not really sound like all that much. We imagine a single inch of rain in a small puddle somewhere it seems rather insignificant. But what if you knew that a single inch of rain could allow you to collect hundreds and hundreds of gallons of water, if not more? Now that one inch of rainfall seems like a lot more!

Let’s take a look at a hypothetical example to see just how much water we can collect from rainfall. If you have 1,000 square feet of roof on your house, and it rains just 1 inch, you can collect 600 gallons of water to be used in your garden, for washing your car, or just for drop irrigation around your property. That’s 600 less gallons you have to pay for and use from your town water supply! So how can you do the math for your own roof? Just multiple the square footage of roof space you have available X 0.6 gallons per square foot per inch of rain, and you can see how much water you can collect from each inch of rain that falls.

So if you have 2,500 square feet of roof available for water catchment, and a single inch of rain falls one day, we see that:

2,500 X 0.6 = 1,500 gallons of water can be harvested for future use…from only one inch of rainfall!

On average, Americans use about 69 gallons of water per person per day for bathing, cooking, cleaning and flushing toilets – and is just for indoor water use and does not account for any watering/car washing going on outside. That amounts to about 2,100 gallons a month for each person – or only slightly more than you might be able to collect off your roof in a single rainstorm. Sure, you might not want to use that water for your showers or drinking water, but it can be done…and many people are putting cisterns in their yard and systems in their house to be able to do so. But if you are not interested in doing that and just wanted to use it outside, using a rain barrel or two under your downspouts can make a big difference in your monthly water usage and bill. Let’s take a look at one more example to see how much of a difference collecting rainwater can make – If you live in Boston, Massachusetts, which gets an average of 42.53 inches of rain per year, and you live in a house with 1,000 square feet of roof space…

1,000 X 0.6 X 42.53 = 25,518 gallons of water collected each year in Boston, MA.

That’s a lot of water that you can save (and money!) by hooking up and using rainwater catchment systems at your house. It’s a big return for a very small investment, and I bet you will hear something different the next time the weatherperson says “X city received an inch of rain today”!

Buying in December | Bedford Corners Real Estate

In the market for a new home? Here are four reasons to add real estate shopping to your December to-do list.

Bargain prices

Did you know that, historically, home prices are lower in December than in any other month?

As for the overall housing picture, if you’re not yet in the market, you’ll like this news: While home prices are continuing to rise, it’s happening at a much slower pace.

According to a recent report from Zillow, U.S. home values are currently up 6.4 percent year-over-year and have been slowing for nearly two years. Next year home values are expected to grow at 3 percent — roughly half their current pace.  These changing dynamics, and a shift toward healthy stabilization, put more power in the hands of buyers.

Low mortgage rates    

What’s driving affordability? Low mortgage rates. Currently hovering in the 4 percent range, rates are projected to edge up to 5 percent by the end of 2015, according to Zillow Chief Economist, Stan Humphries.

To put this in perspective, did you know that if rates go up by just one percentage point, your purchasing power is reduced by a whopping 11 percent? Find out how much waiting to buy could cost you.

Motivated sellers

If sellers are listing their home for sale this time of year, this likely means they’re serious about shedding the weight of their residences.

Regardless of why that is – perhaps they’ve recently gotten divorced, have to relocate for a new job opportunity, or are under some other personal pressure – this puts you, the buyer, in a much better position to negotiate and ultimately cut a deal, particularly since competition is minimal this time of year.

Tax savings

At the end of the year, everyone is looking for ways to lower their tax bill. And closing on your new home before Dec. 31st is one way to get some breaks.

After all, you can deduct home purchase costs, including mortgage interest, property taxes and points — while you build equity and save yourself a significant amount of money.

 

read more…

 

 

http://www.zillow.com/blog/buy-a-home-during-the-holidays-164715/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ZillowBlog+%28Zillow+Blog%29

Progress Toward Normal | Bedford Corners Real Estate

 

The economy and the housing market continue their gradual march back to normal as measured by the NAHB/First American Leading Markets Index (LMI). The index measures how close every metropolitan area is to their last normal level of single-family housing permits, employment and house prices. At the national level, the index rose to .90 in the third quarter from .89 in the second quarter.

The LMI has three components and two of them were responsible for the increase. The single-family permit index rose from .43 to .44 meaning total permits issued in the past three months were at 44 percent of the last normal period, which was 2000-20003. Home prices also rose to 1.3 from 1.27, which means house prices are 30 percent higher than the average in 2000-2003. Employment was the only component that did not change; remaining at .95 which means the last 12 months average employment was at 95% of the peak employment levels of 2007.

Of the 350 metro areas with their own LMI, 59 have a value at or over 1 meaning they have recovered and moved on from their last normal state. Seven metro areas were added to this list in the last year.

The recovered markets are dominated by energy producing areas with 15 in Texas, 8 in Louisiana and 3 in North Dakota. Smaller metro areas with universities or military bases have also done well. The change can be viewed in two ways. Progress toward normality depends on the speed of the recovery but also the length of the trip. Markets that sunk the most are moving forward but the collapse was so large, it will take some time for complete recovery to take place.

The map below shows five segments of the LMI from those markets beginning with the darkest green that are 98% or better toward normal down to the darkest red that are still less than 78% of the way back to normal.

 

read more….

 

http://eyeonhousing.org/2014/11/progress-toward-normal/

Down to Earth Farmers Markets | Bedford Corners Real Estate

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

Wave Hill Breads Debuts Honey & Walnut Croissant
in Larchmont & Croton-on-Hudson;
Order Your Thanksgiving Turkey with Karl Family Farms in Rye;
Try Winter Flounder from American Pride Seafood + MORE

October 30th-November 5th, 2014

DowntoEarthMarkets.com
Apple Banner Photo
What’s New, In Season, and On Sale This Week
Apple Crisps
Wright’s Farm

Honey & Walnut Croissants
Wave Hill Breads

Kabocha Squash
Alex’s Tomato Farm

Macoun Apples
Alex’s Tomato Farm

Mutsu Apples

Alex’s Tomato Farm

Pears
Mead Orchards
Shizuka Apples
Alex’s Tomato Farm

Thanksgiving Turkeys
Place your order this weekend! 
Karl Family Farms

Winter Flounder
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

ALL YEAR AROUND

Larchmont

Saturdays
8:30 am-1:00 pm

Through Dec. 13th

Piermont

Sundays
9:30 am-3:00 pm

Through Nov. 23rd

Croton-on-Hudson

Sundays
9:00 am-2:00 pm

Through Nov. 23rd


Rye

Sundays
8:30 am-2:00 pm

EXTENDED!
NOW through Dec. 21st

Spring Valley

Wednesdays
8:30 am-3:00 pm

Through Nov. 19th


Tarrytown/Sleepy Hollow

Saturdays
8:30 am-1:00 pm

Through Nov. 22nd

New Rochelle

Fridays
8:30 am-2:30 pm

Through Nov. 21st


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
Ossining

In celebration of the effort to Bring Your Own Bag to the market – BYOBag – Mead Orchards is offering a FREE reusable bag with all purchases of $5 or more. Also, John D. Madura Farms is selling reusable bags for $3 each. These bags are great alternatives to one-time use plastic bags – thank you all for helping us eliminate plastic shopping bags at the market. Over 300 people have signed the pledge at the market to bring their reusable bags back every week. Keep ’em coming.

Fall Back

Just a reminder – this Sunday marks the end of Daylight Savings Time. Clocks turn back by one hour at 2 am on November 2nd. All our Sunday markets will open on the usual schedule – see you there! 

For additional events, visit our Down to Earth Markets Event Calendar.

Stay tuned to all market happenings via our Down to Earth Markets Facebook page
and follow us on Instagram and on Twitter @DowntoEarthMkts.

Corporate Food Companies Spend Over $30 Million to Defeat GMO Labeling Initiatives in Colorado and Oregon – Will They Win? 
OR label law propaganda
This just in … in the Oregon mail

On Tuesday, November 4th, eaters in Colorado and Oregon will vote on whether or not to label Genetically Modified Organisms (GMOs) in foods sold in their states. For the record, these types of organisms are distinct from the age-old art of plant breeding and other agricultural refinements. GMOs occur when scientists manipulate plant DNA and are now found in many common foods.

As told by Vanity Fair in 2008, this kind of manipulation wasn’t legal in the United States until 1980. Before then, the U.S. Patent and Trademark Office “had refused to grant patents on seeds, viewing them as life-forms with too many variables to be patented.” This changed, however, in 1980 when the U.S. Supreme Court voted 5 to 4 that patent law could cover “a live human-made microorganism.” 

The following year, a team of Monsanto scientists became the first ever to “genetically modify a plant cell.” Thus, in 1981, genetically modified organisms were invented. Along with the invention came the patent — for the first time in human history, seeds carried a patent. Seeds were no longer solely part of the shared human heritage. 

Fast forward to thirty years later, in Colorado last August, where the group, Colorado Right to Know, submitted 167,950 signatures – far exceeding the 86,105 needed – to bring the GMO label vote to the ballot box. Yet in the months since then, groups opposing the measure, including Monsanto, PepsiCo, Kraft Foods, and others, have raised over $12 million for the campaign against Proposition 105. In contrast, the pro-labeling groups have raised over $600,000. Not surprisingly, the poll numbers reflect the David vs. Goliath scenario in fundraising: As of two weeks ago, 49% of 500 Colorado voters polled said that they oppose the GMO labeling bill. 29% support it and 21% said they are undecided.

The poll numbers in Oregon, however, are much closer. According to Bloomberg Politics, as of early October, “an Oregon Public Broadcasting/Fox 12 poll found that 49 percent of voters supported Measure 92, while 44 percent opposed it. Seven percent were undecided.”

In the weeks since the poll, the chemical giant, Dupont Pioneer, has given over $4 million dollars to oppose Proposition 92. Now as of this week, a new poll came in listing the numbers as 48% opposing GMO labeling and 42% supporting it, with 7% undecided.

All told, corporations that oppose GMO labeling have spent over $30 million to defeat the measures in Oregon and Colorado, and the vote is still days away. It is notable that the Oregon-based chain of food stores, New Seasons, has launched a campaign in support of labeling. Whole Foods has voiced their support for these labeling initiatives, too.

One of the arguments by food corporations against GMO labeling is that it would be too costly, both for them and for consumers. Yet – 1) They change their labels all the time, such as “new and improved” and 2) they already export foods with GMO labels to countries around the world that have GMO label laws. There are 64 countries currently require labels, including the European Union, Russia, China, and Japan. 3) It’s unlikely that GMO labeling will deeply impact consumer prices.

At Down to Earth Markets, as stated on our website, it is our vision “to build a strong regional food system, built by independent farms and food businesses, that provides everyone with an alternative to industrial food.” We don’t know the environmental or health risks of GMO crops at this point. Perhaps they are fine; perhaps they are not. The impact of these crops will be revealed with time.

What we do know now is that we do not want corporations to have exclusive rights to our food. Yes, the GMO labeling debate is about the right to know what is in our food. We also strongly believe that it is about the right to say NO to corporate ownership of our food.

To support GMO labeling efforts in Colorado and Oregon, you can donate to the work of Food Democracy Now! and the Center for Food Safety. To support non-GMO foods in our area, shop at Down to Earth Farmers Markets. All of our farms are independent, small businesses that grow non-GMO crops. Thank you for coming out to buy from them this weekend.

Frank Lloyd Wright Came to Miami in 1955 And He Hated It | Bedford Corners Real Estate

 

Wright.png

On Nov. 14th, 1955 Time Magazine printed a short piece summing up the world famous Frank Lloyd Wright’s opinions of Miami, having just visited recently. The architect was pretty damning of Miami, and this is what he said:

Paying his first visit to Miami in some 20 years, Architectitan Frank Lloyd Wright, 86, duly paid the city’s palm-fringed structures his typical disrespects. In a word, after a look at a flossy row of hotels and cottages: “Horrible.” Critic Wright, from the height of his years, lowered the boom on the locals: “Miamians are living in houses pigs would be ashamed to live in.” One hotel was summarily dismissed: “Worse than an anthill.” Miamians were slow to lash back at Wright; he had not directly blamed them for their housing plight. The real villains, as always, said Architect Wright, are “the architects.”

read more….

http://miami.curbed.com/archives/2014/10/22/frank-lloyd-wright-hated-miami.php