Tag Archives: mount kisco ny real estate

Great Jones Building Emerges With $25K/Month Penthouse | Mt Kisco Real Estate

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The 1927 building at 37 Great Jones Street has just come out of a renovation, leaving the building with five luxury apartments that are now on the rental market. The information on the official website is sparse, but building reps sent along a few more details. Architect Joseph Pell Lombardi handled the renovation, which includes a sixth-floor addition. The model should open within the next couple of weeks, and the first residents will be able to move in come January.

Of course, the prices to move in are hefty. The penthouse, a 3,602-square-foot, 3BR duplex, will rent for $25,000/month, and the lower-floor units (2BRs at 2,165 square feet) have asks between $10,000/month and $12,000/month. Amenities include private storage and virtual doorman—though we’d expect a flesh-and-blood doorman at those prices—and apartment features include washer-dryers, 11-foot ceilings, wine coolers and steam showers, and keyed elevator access.

How to Install a Foundation Drain | Mt Kisco Real Estate

On its face, the location of a foundation perimeter drain seems like the simplest of details. The perforated drain line is run around the foundation next to the bottom of the footing.

At least that’s what many construction drawings show. But in some parts of the country, the drain is placed on top of the footing rather than next to it, and this discrepancy is at the root of Steven Knapp’s dilemma.

In a question posted at Green Building Advisor’s Q&A forum, Knapp writes this approach is not typical in his area, and that his waterproofing contractor is refusing to go along with it.

“Several years ago he switched to placing the drain (a rectangular pipe) on top of the footer and thinks this is the better method,” Knapp writes. “I’m annoyed and confused since I was advised by another credible expert that placing the pipe on top of the footer would greatly increase my chances of springing a leak.”

Knapp’s builder is leaning in favor of the “on footer” method, but he’s willing to do whatever Knapp thinks best. They also consulted with a Residential Foundation Repair Services company for a third opinion.

“So what is industry best practice?” he asks. “Putting the pipe next to the footer makes intuitive sense to me, but I know that what’s intuitive isn’t always correct. I just don’t want a basement that leaks.”

That’s the topic for this Q&A Spotlight.

The drawings are just plain wrong

Yes, writes James Morgan, we’ve all seen foundation drains drawn that way many times but the drawings are wrong.

“I know that’s the standard drawn detail and I’ve seen it a thousand times, but I think it’s a bad one, and there are several important [performance] reasons that no one ever builds it that way, at least not in my area,” he says.

The seam between the footing and the foundation wall is vulnerable, he adds, but it takes hydrostatic pressure to push water through the seam and into the basement. “Perforated pipe laid along the top of the footer and running to daylight ensures that the maximum head of water is just the thickness of the corrugation, or about 3/8 of an inch,” Morgan writes. “This is simply not sufficient to cause any penetration of the seam if a normal standard of care has been taken with the waterproofing application. This is the simplest, most foolproof and most reliable location. That’s why all the experienced builders that I know and regularly work with all prefer to do it that way.”

It’s more time and trouble to install the drain line next to the footing, Morgan says, plus it also requires more digging and a larger volume of backfill, “thus an enhanced path for water to reach the footing.”

“Backfill can never be consolidated to the degree of imperviousness of undisturbed soil,” Morgan writes. “According to well known foundation contractors, most codes now sensibly require that finish grade be sloped to a swale at least 6 feet away from the foundation wall. With a standard dig this places the swale well outside the backfill area and into the zone of undisturbed dirt: overdig brings the porous backfill closer to the swale and the large volume of stormwater it regularly contains.”

Keep the drain below the level of the slab

To GBA Senior Editor Martin Holladay, the correct location for the foundation drain is a pretty simple proposition: If you want to avoid problems, keep the level of the drain below the slab. “One thing is for sure,” he writes, “if the center of the 4-inch drain pipe is above the top of your slab, you are setting yourself up for potential problems.”

He tells Morgan water can reach the drain in more than one way. “It can trickle downwards from the surface, due to ponding under the eaves (as you propose),” Holladay says. “But during the spring, groundwater levels can rise from below, until the level of the groundwater is higher than the level of your slab. In that case, a footing drain pipe that is installed above the slab will work — but the slab will still get wet.”

David Meiland also would opt for a lower drain location. “I want the footing drain well below the slab, and I want it equal to or below bottom of footing so that the bearing soil under the foundation is less likely to be saturated,” Meiland writes. “I am lucky in that we rarely deal with expansive clay, but that would make it all the more important to drain the footing.”

Holladay’s point is well taken, Morgan replies, in areas where groundwater levels are periodically high. But he adds that even when the drain line is placed on top of the footing, it would still be 2 inches or so below the top of the slab.

“And I think there’s some value in having the the pipe right beside the vulnerable seam rather than a foot away where drainage paths could potentially become obstructed,” he adds. “Either way, Steven’s belt-and-suspenders approach should be fine.”

http://www.greenbuildingadvisor.com/blogs/dept/qa-spotlight/how-install-foundation-drain

Changing Times For Fox Lane Girls | Mt Kisco Real Estate

The Fox Lane girls varsity soccer team has started a new season that involves a lot of change.

Last year, the Foxes went 6-8, and this season, are off to a 1-1 start.

Coach Fabian Videla faced of a summer of upheaval when 10 of his seniors graduated.

“There are lots of new faces this season,” Videla said. “There are a lot of young faces this season.”

The team welcomes several freshmen, including Victoria Surace and Caroline Evnin. The team also welcomes freshmen Emily DeBitetto, Stephanie Ingraldi and Emily Kowalski. Caroline Thompson is joining the team from eighth grade as Videla found himself with 11 open spots to fill in 2013.

“Leadership from returning players will be a key to the season,” Videla said. “Team unity will be a key to the season.”

Videla will be leaning heavily on his three captains: seniors Tattie Petts and Julia Santuro and junior Arianna Delli.Carpini.

Overall, Videla is hoping his new players and returning players can increase their production.

“Many of our returning players did not start last year,” Videla said.

Videla is joined by assistant coaches Laura Elwood and Kristen DeCandido.

 

 

http://mtkisco.dailyvoice.com/news/changing-times-fox-lane-girls

Facebook takes on Twitter with new tools to give TV broadcasters access to its user data | Mt Kisco Real Estate

Facebook is rolling out a set of tools designed to help media and news organizations better integrate Facebook conversations into their broadcasts, such as displaying public posts in real-time of relevant topics. Starting today, the social network company is making available its Keyword Insights API and the Public Feed API — both are being made available to a small group of partners initially.

Screen Shot 2013 09 09 at 12.06.05 AM Facebook takes on Twitter with new tools to give TV broadcasters access to its user data

Conversations are certainly happening on Facebook and the company has been paying attention. In data it published today, it was revealed that between 88 and 100 million people in the US were logged into the site during television primetime hours of 8pm and 11pm.

What do these new tools do exactly? Facebook says that with the Keyword Insights API, news organizations can aggregate the total number of posts relating to a specific term within a given time frame. It can also display results based on gender, age, and location — and all done anonymously.

The Public Feed API gives access to a real-time feed of public posts for a specific word. Only those posts made public from Pages and Profiles with the “Follow” option enabled are available with the API.

Facebook is certainly mimicking what Twitter is already doing with news and media organizations. Just watch any show on networks like NBC, CBS, ABC, USA, Comedy Central, and the likes and you’ll see that they’re already integrating social media content, specifically tweets.

With Facebook launching hashtag support to unify topical conversations, along with testing trending topics, it wouldn’t be far-fetched to believe that producers would dive in to integrate discussions that people are saying right into their shows. For some, importing user comments from Facebook might be better than on Twitter — there aren’t any character limitations, opening it up hearing more significant discussions instead of trying to interpret the statement based on 140 characters.

 

 

http://thenextweb.com/facebook/2013/09/09/

Home prices hold steady in August | Mt Kisco Real Estate

The median price of homes for sale on realtor.com held steady at $199,900 in August from July, but were up 6.39 percent from August 2012, according to a monthly real estate trends report from realtor.com.

Inventory stood at 1.98 million in August, a 2.5 percent dip from a year ago and a 0.93 percent increase from July’s number, realtor.com data showed. Homes were on the market for a median of 92 days in August, down 8 percent from a year ago, but up 8.24 percent from July.

“Where we have seen significant volatility in many markets, including double-digit declines in inventory as well as increases in median price for both yearly and monthly views, we are now looking at a housing market that much more closely resembles ‘normal,’ ” said Steve Berkowitz, CEO of realtor.com operator Move Inc., in a statement.

 

Source: realtor.com

 

read more at: http://www.inman.com/wire/home-prices-hold-steady-in-august/#sthash.UWs9E1TZ.dpuf

Mount Kisco’s Farm Closes Its Doors For Good | Mt Kisco Real Estate

A Mount Kisco institution formally closed its doors this week.

The Farm, located at 21 S. Moger Ave., announced in mid-July it was closing, after being in business for more than 25 years. The store was a a popular destination for Mount Kisco residents and also people in Pleasantville, Chappaqua and Bedford.

The Kim family, which owned the store, blamed the economic recession for the closure.

“We’ve experienced big drop-off every year since the recession,” George Kim said back when the closure was first announced. “Business has simply not been good. There’s no other reason to it.”

Kim said the store had experienced drops in business before, but has usually recovered. Kim said he will miss his customers the most.

“It’s sad we are closing,” Kim said. “People are upset we are leaving. We feel we have been a small part of their families.”

Kim remembers meeting some of his customers as children and then watching them grow up, get married and have their own children.

Kim said other factors including inadequate parking and not enough attractions in Mount Kisco led to the closure.

“There are 17 banks in the village,” Kim said. “Why do we need so many? That doesn’t really draw customers into town.”

Skyrocketing rent costs and other expenses, along with competition from supermarkets, have made it almost impossible for mom and pop fruit stands to compete, Kim said. He also noticed people are just not cooking as much.

“Mom and dad, once their kids leave the house, prefer to go out to dinner,” Kim said. “We can’t keep raising our prices. You can only raise prices so much for certain things.”

Kim said Mount Kisco used to be a nice town, but over the last 20 years, it has changed, with small businesses getting squeezed out.

“Every time there’s an empty space, a bank goes in,” Kim said. “They are the only ones willing to pay all that rent.”

Despite being forced to go out of business, Kim said he will miss Mount Kisco and its people.

 

 

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Post-Reno, Bernie Madoff’s Former Duplex Asks $17.25M | Mt Kisco Real Estate

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Location: New York, N.Y.Price: $17,250,000The Skinny: In 2010, less than a year after Bernie Madoff, the mastermind of a Ponzi scheme considered to be the largest financial fraud in this country’s history, was sentenced to 150 years in federal prison, the United States sold off his longtime penthouse on Manhattan’s Upper East Side for $8M. Despite giving the pad a much-needed upgrade (Madoff bought the place in ’84, a fact demonstrated by its floral valances and salmon walls), the buyers are ready to unload the duplex, now asking $17.25M for the 4,000-square-foot unit. What attracted the the current owners, Patsy Kahn and her husband, Alfred—the man who’s credited with bringing Pokemon to the U.S.—in the first place? Possibly the apartment’s 11-foot ceilings, library, or chef’s kitchen, but Patsy insisted in 2010 it was the wraparound terrace, which won them over despite Alfred’s worries, uh, “about the karma.”

 

 

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http://curbed.com/archives/2013/08/23/postreno-bernie-madoffs-former-penthouse-asks-1725m.php

 

ARM loans back in fashion as mortgage rates rise | Mt Kisco Real Estate

About 1 in 5 mortgage loan applications received by Quicken Loans are from borrowers seeking adjustable-rate mortgage (ARM) loans, Crain’s Detroit Business reports.

Rates on 30-year fixed-rate mortgages averaged 4.4 percent with an average 0.7 point for the week ending Aug. 8, according to Freddie Mac’s latest rate survey.

Rates on five-year Treasury-indexed hybrid ARM loans averaged 3.19 percent with an average 0.5 point, and one-year Treasury-indexed ARMs averaged 2.62 percent with an average 0.3 point.

Quicken Chief Economist Bob Walters points out that homeowners move every seven to 10 years on average, and “all that security they’re paying for with a higher rate generally isn’t used.”

Source: crainsdetroit.com.

read more…

 

http://www.inman.com/wire/arm-loans-back-in-fashion-as-mortgage-rates-rise/#sthash.Nhbn6E8b.dpuf

Mount Kisco NY Real Estate Weekly Report | Mount Kisco NY Homes

Mt Kisco   NY Weekly Real Estate Report8/22/2013
Homes for sale45
Median Ask Price$599,000.00
Low Price$280,000.00
High Price$3,950,000.00
Average Size3091
Average Price/foot$328.00
Average DOM124
Average Ask Price$1,072,287.00

Realtor.com’s perspective on NAR board vote | Mt Kisco Real Estate

Three weeks ago in Chicago, members of the National Association of Realtors’ board of directors — 625 practicing Realtors from every state and territory — put their busy summers on pause to make decisions about their website, realtor.com. It was an extraordinary gathering, and it produced extraordinary outcomes. As president of realtor.com, I’d like to share my perspective on what these outcomes mean for the site, for the Realtor brand, consumers, and the real estate industry as a whole. For me, it is not possible to understand the decisions made in Chicago without a look at the broader strategic context — and a little bit of history. Here’s how I see it.

 

read more…

http://www.inman.com/2013/08/16/realtor-coms-perspective-on-the-nar-board-of-directors-vote/#sthash.Nmpqnb5R.dpuf