Tag Archives: Bedford Hills NY Homes for Sale

Bedford Hills NY Homes for Sale

Agent who sold ‘factory condo’ conversion hit with $470K judgment | Bedford Hills Real Estate

Converting old warehouses into loft apartments or condos is one way to breathe life into a declining neighborhood.

But if you’re going to turn an abandoned building where workers made “coffins, guns stocks, pipe organs” and other products for six decades, dumping “industrial solvents, sludge and wastes from painting and plating that contained toxic materials” into the drains, you might want to make sure that mess is cleaned up properly.

The developers who hired real estate agent Maryl Greene of Coldwell Banker Weber-Seiler to market Belgravia, a 10-unit factory condo conversion in South Haven, Mich., have since gone bankrupt.

So it’s not surprising that Greene and her broker found themselves on the hook when a couple who paid $360,000 for one of the units discovered that even though the state of Michigan spent $3.8 million cleaning up the site, there’s been no “final remedy.”

The state Department of Environmental Quality has determined that the property remains “highly contaminated with chlorinated solvents in the soil and groundwater, and metals in the near-surface soils.”

The condo association has been stuck with operating and monitor a vapor mitigation system intended to protect the safety of residents

 

 

– See more at: http://www.inman.com/wire/agent-broker-who-sold-contaminated-factory-condo-conversion-hit-with-470k-judgment/#sthash.W3MAaEQY.dpuf

The ‘Obamacare’ debacle: 7 tips for Realtors | Bedford Hills Realtor

Many real estate professionals are facing cancellations or drastically increased fees for their health care in 2014.

If you or someone you know is facing loss of your current policy or additional fees, you do have options.

The Patient Protection and Affordable Care Act (“Obamacare”) has dominated the headlines since the government’s health insurance marketplace, HealthCare.gov, went live in what has become perhaps the worst website debacle ever.

The idea that the government can fix it in a few short weeks goes against this simple fact: If Microsoft and Apple can’t get their systems right at launch, how can anyone realistically expect this to be repaired in such a short period of time?

While the website parodies keep coming and the politicians scramble for a solution, what can you do to make sure that you continue to have adequate health care for both you and your family? 1. If your current policy was canceled, wait and see President Obama has requested that insurance companies delay cancellations for a year.

Unfortunately, that may be easier said than done. One expert likened the situation to installing a new operating system on your computer, uninstalling the new system, and reinstalling the old system.

In the meantime, explore other options just in case your current policy is not extended.

 

 

– See more at: http://www.inman.com/2013/11/18/the-obamacare-debacle-7-tips-for-realtors/#sthash.QnIKVdIP.dpuf

Home affordability sees biggest drop since 2004 | Bedford Hills Real Estate

There is a downside to rapidly rising home prices: declining home affordability.

The share of new and existing homes affordable to median-income families plunged in the third quarter, to 64.5 percent, according to an index report from the National Association of Home Builders released today. That’s down from 69.3 percent in the second quarter — the biggest drop since second-quarter 2004.

“Housing affordability is being negatively affected by a ‘perfect storm’ scenario,” said NAHB Chairman Rick Judson in a statement.

“With markets across the country recovering, home values are strengthening at the same time that the cost of building homes is rising due to tightened supplies of building materials, developable lots and labor.”

NAHB Chief Economist David Crowe said higher mortgage rates also contributed to the decrease in affordability.

The most affordable major housing markets in the U.S. last quarter were Indianapolis-Carmel, Ind., and Syracuse, N.Y., with 93.3 percent of homes sold in the third quarter affordable to families earning the areas’ median income.

 

 

 

– See more at: http://www.inman.com/wire/home-affordability-sees-biggest-drop-since-2004/#sthash.TS4dwZEw.dpuf

Movie Palaces Of The 1940s: The Miami Theatre On Flagler St. | Bedford Hills Real Estate

At first glance, 777 International Mall in Downtown Miami at 145 East Flagler Street seems as ordinary as any mini shopping mall in the area. There are various mom and pop type of stores, a two-story Payless ShoeSource, jewelry and perfume vendors, and a Peruvian restaurant in the main courtyard. However the building dates back to 1948 when it was built as the Miami Theatre, a major movie theater of the famed Wometco theater chain.

Wometco Enterprises, Inc. undeniably launched the popularity of the moviegoing experience in South Florida. Brothers-in-law Mitchell Wolfson—the same Wolfson family that brought the Wolfsonian museum, the Florida Moving Image Archives, and the Downtown Miami Study Centre to South Florida—and Sidney Meyer founded the Wolfson-Meyer Theatre Company  (“Wometco”) in 1925 in Miami. During the first two decades of its existence, Wometco’s objective was to provide affordable entertainment venues in Florida for the general public. The film industry skyrocketed in the 1920s and there was a high demand for venues to screen these innovative moving pictures. The company launched the largest theatre chain in South Florida that included the Capitol Theatre-later the future home of WTVJ; Miami’s first television station-the Lincoln Theatre designed by Thomas W. Lamb; and the theatre-turned-nightclub Cameo designed by Robert E. Collins; both built in 1936, among many others.

  • The old 777 International Mall. Photo Courtesy: Javier Zayas-Bazan
  • The 777 International Mall today. Photo by Marvin Aguilar
  • The original foyer entrance, 1946-47, of the Miami Theatre. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.
  • Stair to Balcony, 1946-47. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.
  • Rendering, Foyer Stair, 1946-47. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.
  • Mural, 1946-47. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.
  • The interior of the 777 International Mall. Photo by Marvin Aguilar
  • Mezzanine Bar, 1946-47, Miami Theatre. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.
  • Mezzanine Bar today. Photo by Marvin Aguilar
  • Huyler’s Sweet Shop, 1946-47. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.
  • Huyler’s Resturant, 1946-47. Photo Courtesy: S. Charles Lee Collection, UCLA Library Special Collections Department.

 

 

 

http://miami.curbed.com/archives/2013/11/13/the-history-of-s-charles-lees-miami-theatre.php

Craigslist axes enhanced listings, forcing agents to up their real estate marketing game | Bedford Hills Real Estate

Here’s what we know As of today, in all areas as far as we’ve been able to see, Craigslist has removed all embedded images and all links.

Ads can still be posted, and images can still be browsed for and uploaded, but all hyperlinks are turned into non-active text links.

This means that when the consumer clicks the link, it doesn’t go anywhere. They stay on Craigslist. Wouldn’t you think that’s what Craigslist would have wanted in the first place? Here’s what we don’t know Are links coming back?

Will they come back with a pay-per-link or pay-per-ad feature? We think so. This year, we started paying $25 an ad for employment ads. At The Ballen Group Las Vegas Real Estate Team, we run four to eight of these a week and quickly adapted to paying. We saw value, and made the change.

We did not panic. We have to figure there are a lot of businesses who did like we did. Craigslist watches, learns and is probably already on the path to charging for housing ads as well.

It would just make sense. For everyone who was using Craigslist as a main source for website traffic, this hurts. For those of us who saw this coming, not so much. We have stood on a soapbox more than once and yelled, “Do other things besides Craigslist, it will change!”

When you work the Web strategically through great website content, blogging, video, press releases, other ad sites and social media, you have cast a wide net. And when one thing changes, you don’t feel damaged.

 

 

 

– See more at: http://www.inman.com/next/craigslist-axes-enhanced-listings-forcing-agents-to-up-their-real-estate-marketing-game/#sthash.6gBTdeCV.dpuf

New plays on bay windows are boldly branching out in modern architecture | Bedford Hills NY Homes

When modern and contemporary architecture “abandon” traditional architectural elements in favor of new forms, one of the elements left behind is the bay window. Yet if we think of these elements as reinterpretations of traditions in architecture rather than abandonments (columns, for example, are turned into skinny pilotis without details like capitals), then the idea of the bay window is alive and well, if less used than it should be.
Here you’ll find six examples that show the benefits of modern answers to bay windows — increased area, light and seating capacity — and the various means of expressing the idea in modern houses and in modern renovations of old houses.

This addition to a ranch house looks like the end of a square tube that runs from front to back, with large windows on each side. The front picture window is partially frosted to maintain privacy.
Here we are looking toward the front window from the kitchen before it was furnished. Only one thin strip of glass is clear; the adjacent pieces are translucent. Adding cushions to the bay would make it a great window seat; one could peek outside through the vertical strip or just enjoy the light coming in through the painting-like panes of color.
Like the front window, the back window projects from the house, cantilevered a foot or two above the ground. But unlike on the the front, all the glass here is clear, and the area inside is an extension of the floor, giving more space for seating near the kitchen.
This house on New York’s Long Island has a fair amount of ins and outs on its exterior. I’m drawn to the tall portion facing right.
A view from the side reveals a tall bay window adjacent to a section of curtain wall set back from the stone facade. A stair can be seen below the large bay window.
It turns out the bay window is actually an extension of the stair landing. The Eames Lounge Chair in the previous photo indicates that this space is ideal for sitting, relaxing and enjoying the view.
On a more modest scale is this two-unit condo in San Francisco, with modern bay windows above the garage.
What looks fairly subtle on the outside is impressive on the inside, owing to the relative size of the window (almost the full width of the bedroom) and the way the architect articulated the window seat. The only thing I would change for myself would be the height of the sconces, which appear to be head height, making it hard for someone to lean against the walls while occupying the window seat.

How to Replace Your Kitchen Faucet | Bedford Hills NY Real Estate

itchen remodels require a multitude of skills from conception to completion, and ours was no exception.  From tearing down walls to replacing floors, we’ve been through it all — and we’re exhausted.  Luckily, the very last change was the quickest and easiest to tackle.
Replacing our basic kitchen faucet with a gorgeous one-handle high-arc pull-down faucet was the finishing touch our kitchen remodel needed. The process was surprisingly easy — it’s a do-it-yourself project that almost anyone can accomplish.

All you’ll need are a new faucet and a few household tools:

  • Adjustable basin wrench
  • Slip joint pliers
  • Safety glasses
  • Bucket or bowl for catching water
Clean out the area underneath the sink so you have ample space to inspect your work area and move about freely. Next, turn off both the hot and cold water supplies via the shutoff valve under the sink.  Test that the water is off at the faucet.
Using a basin wrench or slip joint pliers, unscrew the connections for each water line at the shutoff valve.Have a bowl handy to catch any residual water, and place the ends of the water lines in the bowl.
Unscrew the mounting nuts that hold the faucet to the sink, using either the wrench or the pliers. Remove the faucet from the sink and set it aside. Instead of tossing the old faucet into the trash, consider donating it to a salvaged goods shop, like a Habitat for Humanity ReStore.  Check here for locations
Once the old faucet has been removed, clean the surface of the sink.  I used a baking soda paste to eliminate water stains.
Place the gasket that came with your new faucet around the sink hole and slip the supply lines and faucet tailpipe through.  Our new Moen Woodmere faucet required only a single hole for installation, so we capped the remaining three holes on our stainless steel sink with covers that can be found at any hardware store.  In lieu of capping, consider adding accessories such as a soap dispenser, water filter faucet or hot water dispenser. You can also use the deck plate that is provided with some models.
Note:  Some faucets do not include gaskets; you need to apply sealant to the sink.
Secure the faucet in place from beneath the sink with the provided installation hardware. Ensure the faucet is positioned correctly and then tighten the mounting nut securely. Check the faucet from above to make sure it doesn’t wobble or wiggle.
Attach the faucet’s supply lines to the shutoff valves and tighten the connections with a wrench.
Our faucet included a pullout sprayer, which required a few extra steps. If yours does too, simply insert the spray hose through the faucet and push through until the hose is visible beneath the sink.

Why Email Is Still More Effective Than Social Media Marketing | Bedford Hills Realtor

All the marketing talk these days is about social media. But research shows old-fashioned email is still far more effective than social media in attracting customers to your business online.

A recent study by predictive analytics firm Custora discovered that customer acquisition via email has quadrupled in the last four years and now accounts for almost 7 percent of customer acquisitions. Organic search is the most powerful acquisition channel, accounting for 16 percent of customers acquired, while Facebook and Twitter lag far behind.

Facebook was almost insignificant as a customer channel. A minuscule percentage of customers connect and purchase via Facebook. Twitter is an even weaker way to draw customers.

What’s more, customers who come to businesses via email tend to shop more and spend more. The Custora study shows email customers are 11 percent more valuable than average. Organic-search customers are 50 percent more valuable than average. Facebook customers are average, and Twitter customers are 23 percent less valuable than average.

“Email will always deal with the reputation that it’s passe,” said Simms Jenkins, CEO of BrightWave Marketing and author of The New Inbox: Why Email Marketing Is the Digital Marketing Hub in a Social & Mobile World. “It’s not a sexy tool like Pinterest or Instagram or Vine. But the pendulum has really swung back in the last few years, spurred in part by the recession. People want things that generate revenue, not just bright shiny objects.”

Jenkins acknowledges that social media is a valuable tool—it’s great for customer engagement—but it’s not the best way to drive sales. “If you have just one bullet left in your gun to sell something, then email should always be that bullet,” he says.

Email is effective because it’s permission-based. The people on your email list have given you the go-ahead to send them messages. They’re bought in. And, with the prevalence of smartphones and tablets, they’re always listening. In fact, email is the number-one activity for people on their phones.

The “new inbox” that Jenkins references in the title of his book is an inbox that’s always on. People check email constantly, wherever they are, and that enables you to stay connected. But the window is narrow. When people read email on a mobile device they do it quickly. That means your emails must be powerful enough to grab attention.

At the very least, your emails should not annoy. One way to ensure they don’t is to allow your audience to decide when they receive your emails. You should set up a preference center where users can adjust their email options.

Also keep in mind that email requires a different tone than channels like Facebook and Twitter. You can’t simply duplicate your Facebook efforts in email. “On email people want offers,” Jenkins says. “On Facebook they want to be more touchy-feely with the brand. On Twitter they want breaking news and updates. The best brands understand that, instead of sending the same stuff across multiple channels.”

A primary reason why email is now a more powerful customer-acquisition channel is mobile devices: They enable better email marketing in many ways. For example, some brands put messages at the checkout counter that say, “Text us your email address and you’ll get 10 percent off your next purchase.” That way they build their email lists.

But mobile also presents challenges for email marketers. Forty percent of all emails are now viewed on smartphones, which means they must be coded to be attractive on a phone screen. Seventy percent of consumers will unsubscribe from your emails if they look bad on a mobile device.

“If you don’t optimize email, if you let it languish in favor of those cool new tools out there, your business will suffer,” Jenkins says. “I’m still surprised that in 2013 some people are just blasting out a monthly email to their subscribers. Too many people are chasing the new thing instead of investing in the thing that really works, which is email. Email is more important than ever, not less. And those who leverage email most effectively will be the big winners.”

 

 

http://www.forbes.com/sites/capitalonespark/2013/10/01/why-email-is-still-more-effective-than-social-media-marketing/

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

 

Inside Four Impressive Tribeca Lofts You Can Actually Visit | Bedford Hills NY Real Estate

It’s that time of year again—yup, the Inside Tribeca Loft Tour, when typically private, incredibly well-designed loft spaces open themselves up for the world to see for an all-too-brief afternoon. Its 14th annual iteration is set for Sunday, October 20 from 1 to 5 p.m.; tickets are $60 in advance online and $65 on the day of the tour. Organized by two community groups, Friends of Duane Park and Friends of Bogardus Gardens, the self-guided event raises money to support the two downtown green spaces. There are only 400 tickets, and they tend to sell out. Curbed previewed four out of the 12 impressive homes that will be on view. From a playful, comfortable combo unit for a family of seven with an oversized sleeping loft to a sleek townhouse perfect for parties to an architect’s City Hall-facing abode (pictured above), enjoy the sneak peek.

  • First up, a four-bedroom townhouse on Vestry Street. Its back facade is lively and geometric.
  • The ground floor opens onto a back deck.
  • The homeowner says she has hosted 80 people for a party here, using the deck and this ground floor open kitchen/dining space as the venue.
  • A glass staircase leads to the next level, where there’s a pool table…
  • … a sitting area…

 

 

http://ny.curbed.com/archives/2013/10/07/inside_four_impressive_tribeca_lofts_you_can_actually_visit.php