Tag Archives: Bedford Hills Homes

Bedford Hills Homes

Amazingly accurate Paul Krugman predictions from 2011 | Bedford Hills Real Estate

 

Earlier today, HousingWire posted some coverage of the alleged circumstances around the pending resignation of New York Times columnist Paul Krugman from his professorship at Princeton University.

The main reason for Krugman’s decision?

The Forbes coverage points to Krugman being “thoroughly indicted and publicly eviscerated for intellectual dishonesty by Harvard’s Niall Ferguson in a hard-hitting three-part series in the Huffington Post, beginning here, and with a coda in Project Syndicate, all summarized at Forbes.com.”

Soon after posting, I received an email from a popular economics blogger, who took me to task for publishing the article in the first place.

“Ferguson has become a laughing stock among analysts (remember his declaration that public employment was soaring under Obama – ignoring the temporary Census hiring! ROFLOL),” they wrote.

“Ferguson has been wrong about everything from inflation to employment … one good historical book doesn’t make him an expert on everything,” they added.

 

read more…

 

 

http://www.housingwire.com/blogs/1-rewired/post/30647-amazingly-accurate-paul-krugman-predictions-from-2011

Detroit homes face foreclosure due to unpaid taxes | Bedford Hills Real Estate

 

 

In January, the owners of 43,634 properties in Detroit owed the county more than $328 million combined in unpaid taxes and fees, the New York Times reported.

Since then, some have paid their debts, entered payment plans or qualified for assistance, but 26,038 properties continue to face foreclosure and many are headed for public auction, the news outlet said.

Most of the properties are residential, though 5 percent are former businesses. One-third of the properties are vacant lots.

Source: nytimes.com

Dramatic Glass Design With Penobscot Bay Views Asks $4.75M | Bedford Hills Real Estate

 

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Location: Camden, Maine
Price: $4,750,000
The Skinny: There’s a stereotypical assumption that glassy, modern homes are usually found in the warmer climes of states like California or Florida, but the northernmost regions of the country do have their own representatives of see-through housing—exorbitant heating costs notwithstanding. Philip Johnson’s Glass House and the Ben Rose house (of Ferris Bueller fame) come immediately to mind, and now New York architect Toshiko Mori has designed a dramatic glass home on the shores of Maine’s Penobscot Bay. The 3,500-square-foot glass-enclosed home’s windows put the dramatic seasonal changes of the Maine landscape on full display, from the lush green of summer to the stark, snowy vistas of the deep northern winter. Inside the light-filled, climate-controlled bubble of the home there are two bedrooms and three bathrooms, an indoor lap pool, and views of the bay from almost every room. The home, which also features landscape design by Michael Van Valkenburgh, is recently completed and is asking $4.75M.

 

 

read more…

 

 

http://curbed.com/archives/2014/06/25/dramatic-glassy-design-with-penobscot-bay-vistas-asks-10m.php

Down to Earth Farmers Market | Bedford Hills Real Estate

 

 

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New Rochelle Farmers Market Opens Tomorrow;
New Bread Varieties from Orwashers Bakery;
Berry Jams & Pies + MORE

June 19th – 25th, 2014

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

Beets
Alex’s Tomato Farm
Fishkill Farm

Dill
John D. Madura Farm
Migliorelli Farm

Green & Purple Kohlrabi
Alex’s Tomato Farm

Grumpy Gonna Grump
An aged sour ale – exclusive to
farmers market customers!

#Freedom Craft Brewery

Kirby Cucumbers
Newgate Farms

Local Berry Jam
Honeybrook Farms


Mixed Berry Pies in 3 sizes
Meredith’s Bread


Moroccan Olive Bread
Orwashers Bakery

Obsession Ale
Their summer release

#Freedom Craft Brewery

Peas
Alex’s Tomato Farm
Newgate Farms

Rosemary Foccacia
Orwashers Bakery

Russian Raisin Walnut Bread
Orwashers Bakery

SoHo Sourdough Boule
Reg. $5.50; now $5.00!

Orwashers Bakery


Strawberries
Fishkill Farm
Migliorelli Farm
Wright Farm

Strawberry Cake (Erdbeertorte)
Christiane’s Backstube


Strawberry Rhubarb Pie
Regular and Gluten Free

Meredith’s Bread

Swordfish
American Pride Seafood

Tuna
American Pride Seafood

Yellow Squash
Alex’s Tomato Farm


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

OPENING DAY: July 9th
Wednesdays
8:30 am-3:00 pm

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
Croton

Happy Clearwater Music Festival, all! In the spirit of celebrating the bounty of the Hudson River Valley, Croton’s Down to Earth Farmers Market will be OPEN on Sunday, from 9:00 am to 2:00 pm.

Larchmont

This Saturday, our Music at the Market features local talent well-known to many: The Chatsworth Childrens Choir and both the Murray and Chatsworth Jazz Bands! All of the performers are students at Chatsworth Elementary School, ages 9 through 11. We look forward to hearing their songs and musical compositions from 10 am to 11 am.

New Rochelle – Tomorrow is Opening Day


We’re excited to begin the 2014 season! The market will offer an expanded selection of seasonal fruits and vegetables, pasture-raised meats, local honey, and baked goods. We’re located on North Avenue, at Huguenot Park, in front of New Rochelle High School. See you there every Friday, through November 21st, from 8:30 am to 2:30 pm.

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.

Wood is Good and Thus Cheese is Delicious
Vulto_CheeseCave
Taking their savory time: the cheese cave at Vulto Creamery


In February, four of us from Down to Earth Markets took a day trip to visit Jos Vulto at his cheese making shop in Walton, NY. When we followed him into the cheese cave, it was like watching a sunrise together: Our group became quiet as we witnessed something beautiful. The room was small, cool, and fragrant. The walls were lined with shelves, and upon the shelves were rows and rows of cheese rounds, squatting like Buddhas in time immemorial.

Yet there is a specific time at work here. At Vulto Creamery, Jos crafts four varieties of cheese, and together they ripen into their flavors – or “age” – in the cheese cave for 2 to 9 months. They abide by their time on a specific material: wood.

Earlier this month, the Food and Drug Administration issued a statement that created a firestorm among cheese artisans (and those who LOVE them) across the country. The statement expressed concern that cheese makers don’t sterilize the wooden boards, and thus, they are potentially unsafe. The FDA’s words applied to both domestic and imported cheese, and the fear arose that this time-honored method of cheese making would be restricted.

The American Cheese Society came out with their response in about a minute: “For centuries, cheesemakers have been creating delicious, nutritious, unique cheeses aged on wood. Today’s cheesemakers – large and small, domestic and international – continue to use this material for production due to its inherent safety, unique contribution to the aging and flavor-development process, and track record of safety as part of overall plant hygiene and good manufacturing practices. No food borne illness outbreak has been found to be caused by the use of wood as an aging surface.”

The FDA soon “clarified” its statement and said that their recent notice had always been in place and did not amount to a change in policy. So for now – and for forever, in our opinion – wood is good.

As the imbroglio began to subside, we called Jos to get his opinion on the matter. “It all made me a little bit anxious,” he said, “but I knew it would be hard for them to hang on to a policy like no wooden boards. He added, “If I had to change my wooden boards, I wouldn’t know what to change them into. The boards are safe, as well as beneficial to cheese and financially viable for cheesemakers.”

As we wrapped up the call, a cooking analogy came up: Think of your most beloved cast iron skillet. With every meal, it gets seasoned. It also gets cleaned, but it doesn’t get sterilized. This cast iron skillet is a piece of our own kitchen heritage. Likewise, so are the wooden boards prized by cheese makers all around the world through centuries of their craft.

When the FDA issued its clarification of its original statement, the government body quieted the backfire for now. However, many people are concerned this issue could raise its head again. To vocalize your support of using wooden boards in the cheese aging process, Jos recommends signing this WhiteHouse.gov petition.

In the meantime, we look forward to savoring the fine work of Vulto Creamery and our other talented makers at the markets this weekend. You’ll find the whole list of cheese artisans on our website, under the vendor category of Eggs, Dairy, and Honey. We’re happy to say that there are many to choose from – enjoy!

Rotating* Vendors This Week
*Vendors who rotate through
various markets during the season.
They enjoy getting to know many communities, and here’s where to find them this week:

Croton-on-Hudson

Tuthilltown Spirits Farm Distillery

Larchmont

Flourish Baking Company
Hudson River Apiaries
Kontoulis Family Olive Oil
North Winds Lavender Farm
Pie Lady & Son
Trotta Foods

New Rochelle

e-Desserts (Freshly baked scones, cakes, and more!)

Piermont

Kontoulis Family Olive Oil
#Freedom Craft Brewery

Rye

Christiane’s Backstube
Lulu’s Southern Pies
Sisters Wicked Good Soap
Taiim Falafel Shack

Tarrytown

#Freedom Craft Brewery


Down to Earth Markets 173 Main Street Ossining, NY 10562 Phone: 914-923-4837
DowntoEarthMarkets.com

International housing bubble is forming, IMF warns | Bedford Hills Real Estate

 

The American housing market is frothy with some already seeing signs of a legitimate bubble, and now the International Monetary Fund is raising the alarm about housing markets in developed countries.

“House prices are inching up. But is this a cause for much cheer? Or are we watching the same movie again? Recall how after a decade-long boom, house prices started to fall in 2006, first in the United States and then elsewhere, contributing to the 2008-9 global financial crisis,” warns IMF’s deputy managing director Min Zhu. “In fact, our research indicates that boom-bust patterns in house prices preceded more than two-thirds of the recent 50 systemic banking crises.”

The IMF’s Global Housing Watch studies international housing market information to keep track of boom and bust cycles in dozens of advanced nations.

They assemble country-level data on housing trends in one location, allowing for more transparent cross-country and historical comparisons.

 

read more…

 

 

http://www.housingwire.com/articles/30300-international-housing-bubble-is-forming-imf-warns

Tapering won’t end this year and housing is not recovering | Bedford Hills Real Estate

 

Billionaire Investor Sam Zell says he doesn’t believe the Federal Reserve will be done tapering quantitative easing by the October, as most on the Fed and most observers seem to think.

“I just do not know whether the Fed has the guts to really complete the taper,” said Tuesday on FOX Business Network’s Opening Bell with Maria Bartiromo. “I’m worried about whether I’m young enough to be around when QE3 ends.”

In a wide-ranging interview Zell talked about the Federal Reserve, the stock market and growth sectors in the economy.

“I think the stock market is over exuberant” and “I think that the stock market reflects the fact that there’s very little other options” for investors.

“I think that, first of all, I am skeptical about, ‘the tapering process,’” Zell said. “I am encouraging by Stanley Fischer’s presence, who I think is a terrific, terrific addition to the Fed. But I do not think that the Fed will be able to end tapering as quickly as they thought.

“And I think the potential for inflation in a QE2 environment like this is very high,” Zell continued. “And as far as interest rates are concerned, it is pretty easy to say they are going up when they’re at zero today. But it is hard for me to imagine that you are going to have a scenario like this without it having a very negative impact on our country.”

Zell also talked about real estate and housing.

“I think that the single family market is, I don’t know, benign would be a good way to describe it. The traffic is relatively slow, certainly at the first homebuyer level,” he said on FBN. “As a matter of fact, most of the traffic between the top and between the very top and down is down.”

 

 

read more….

 

 

http://www.housingwire.com/articles/30275-sam-zell-tapering-wont-end-this-year-and-housing-is-not-recovering

Drop $11K For July at Jonathan Adler’s Famed Beach Pad | Bedford Hills Real Estate

 

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Retro, stylish, and owned by the prolific, “happy chic” Jonathan Adler, this Shelter Island beach retreat is newly on the rental market for $11K for the month of July. While the three-bedroom, 1,299-square-foot property has pretty much been featured by every single design publication on the planet, the latest batch of listing photos offer a peek at what the A-frame “modernist fantasy” looks like without the glossy, shelter mag treatment. Luckily for potential renters, though, it’s still impeccably decorated and loaded with such summer fête must-haves as a massive pool, a “ping pong deck,” and perfectly manicured grounds. Take a look:

 

 

read more…

 

http://curbed.com/archives/2014/06/02/rentjonathan-adlers-shelter-island-beach-house-.php

Fixed Mortgage Rates Lower for Fifth Straight Week | Bedford Hills Real Estate

 

Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling for the fifth consecutive week and hitting new 2014 lows. The average for the 30-year fixed-rate mortgage is at its lowest point since the week of October 31, 2013.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.12 percent with an average 0.6 point for the week ending May 29, 2014, down from last week when it averaged 4.14 percent. A year ago at this time, the 30-year FRM averaged 3.81 percent.
  • 15-year FRM this week averaged 3.21 percent with an average 0.5 point, down from last week when it averaged 3.25 percent. A year ago at this time, the 15-year FRM averaged 2.98 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.96 percent this week with an average 0.3 point, unchanged from last week. A year ago, the 5-year ARM averaged 2.66 percent.
  • 1-year Treasury-indexed ARM averaged 2.41 percent this week with an average 0.4 point, down from last week when it averaged 2.43 percent. At this time last year, the 1-year ARM averaged 2.54 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.

“Fixed mortgage rates eased a bit for the fifth consecutive week as reports that existing home sales are up 1.3 percent but not as much as expected. However, new home sales rose 6.4 percent in April to a seasonally adjusted annual rate of 433,000, which followed an upward revision of 11,000 units for the prior two months.”

“Also, as the spring home buying season continues, we see stronger consumer confidence as house prices remain on the rise. The Conference Board reported that confidence among consumers rose in May after dipping in April. Meanwhile, the S&P/Case-Shiller® 20-city composite index rose 0.9 percent in March, above the consensus forecast.”

 

 

One Night In The Biltmore Hotel’s Famous Al Capone Suite | Bedford Hills Real Estate

 

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1:30 PM: I arrive at the Biltmore Hotel, ready for a night in the huge Al Capone Suite, a few very good meals, a swim in a giant pool, and maybe some ghosts. There were no ghosts, but there would be a door that opened itself later in the evening. I check in, and head upstairs to have a quick look around before afternoon tea in the lobby.

In the elevator I discover the suite is on the 13th floor. Yep, unlike many buildings that superstitiously omit the 13th floor, the Biltmore doesn’t. There’s a small elevator lobby with double doors, leading to the suite’s foyer that enters into a small kitchen and the grand double-height living room. This is a really mind-blowing suite. A massive stone fireplace is in front of you, there is a dining table on the right, a sitting area in the middle, and a large desk to the left. A piano is also to the left. Windows on the far ends look out onto balconies which are accessed through small side-doors that also lead to the suite’s other spaces. A balconied mezzanine encircles the room, with a vaulted, chandelier-mounted, frescoed ceiling above. The suite occupies two entire floors of the hotel’s tower.

 

read more…

 

 

http://miami.curbed.com/archives/2014/05/19/the-biltmore.php

Coral Gables’ Pioneer Village Is A Row Of Stately Plantations | Bedford Hills Real Estate

 

[Photos by Silvia Ros]
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Part of a city built for an affluent citizenry seeking to live out their dreams, Coral Gables’ theme villages certainly weren’t shy about presenting a fantasy. In the case of the Pioneer/Colonial Village designed by the architectural firm of John Pierson, and John and Coulton Skinner, there’s an idealized, if quitter vague, notion of an old world United States.

 

 

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http://miami.curbed.com/archives/2014/05/09/coral-gables-pioneer-village-is-a-row-of-stately-plantations.php