Tag Archives: South Salem Homes for Sale

California city looks to sea for water in drought | South Salem Real Estate

 

This seaside city thought it had the perfect solution the last time California withered in a severe drought more than two decades ago: Tap the ocean to turn salty seawater to fresh water.

The $34 million desalination plant was fired up for only three months and mothballed after a miracle soaking of rain.

As the state again grapples with historic dryness, the city nicknamed the “American Riviera” has its eye on restarting the idled facility to hedge against current and future droughts.

“We were so close to running out of water during the last drought. It was frightening,” said Joshua Haggmark, interim water resources manager. “Desalination wasn’t a crazy idea back then.”

Removing salt from ocean water is not a far-out idea, but it’s no quick drought-relief option. It takes years of planning and overcoming red tape to launch a project.

Santa Barbara is uniquely positioned with a desalination plant in storage. But getting it humming again won’t be as simple as flipping a switch.

After the plant was powered down in 1992, the city sold off parts to a Saudi Arabia company. The guts remain as a time capsule — a white elephant of sorts — walled off behind a gate near the Funk Zone, a corridor of art galleries, wineries and eateries tucked between the Pacific and U.S. 101

 

 

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http://news.yahoo.com/california-city-looks-sea-water-drought-142629739.html

Step Inside the 1946 Offices of Architect Morris Lapidus | South Salem Real Estate

 

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Despite being best known for speckling Miami with the Neo-baroque and Modern hotels that have since defined old Miami architecture, in the 1940s, architect Morris Lapidus actually had an office headquarters on New York City’s 49th Street. These photos, snagged from the Library of Congress’ Gottscho-Schleisner Collection, were taken years before Lapidus got his most famous commission, Miami’s (James Bond-approved!) Fontainebleau Hotel, and in fact the interiors are far from bold, a surprise coming from a man whose design philosophy was “if you create the stage setting and it’s grand, everyone who enters will play their part.” Sure, there may be no sweeping curves or layer-cake chandeliers, though the photos are far from boring. Have a look at the midcentury office delights—floating bookcases! wood paneling! glass partitions! a hand coming out of a wall!(??)—in the gallery below.

 

 

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http://curbed.com/archives/2014/05/02/step-inside-1948-offices-of-architect-morris-lapidus.php

Consumer Financial Protection Bureau taking mortgage complaints seriously | South Salem Real Estate

 

A Realtor friend of mine recently asked me about the Consumer Financial Protection Bureau: “Do they really do anything when somebody submits a complaint about their mortgage company? Can I tell clients that it’s not a waste of time to complain to the CFPB?”

Here’s what I said: The CFPB puts out numbers and reports on its complaint resolution activities — the latest annual report came out March 31 — detailing complaint volume, the names of the companies that are the subjects of complaints and the current status of each case.

I have only one direct, personal experience with a complaint to the CFPB, so my frame of reference is limited.

But the result was stunning. A little over a year ago, the son of a 91-year-old widow living in Lake Havasu City, Ariz., contacted me in a panic. His mom was about to be foreclosed upon — the date for the auction was set just weeks away, her entire life was tied up emotionally in that house and she was deathly afraid of being evicted. Her son wasn’t sure “how long she’ll last” if the foreclosure took away her home, he told me.“The whole thing is so unjust,” he said in a phone conversation.

“There’s no reason why this should be happening.”Years earlier, his father and mother had taken out an FHA-insured reverse mortgage. When they refinanced the original loan in 2007, the loan broker handling their application persuaded them that only the husband needed to sign the documents

 

 

– See more at: http://www.inman.com/2014/04/22/consumer-financial-protection-bureau-taking-mortgage-complaints-seriously/?utm_source=20140422&utm_medium=email&utm_campaign=dailyheadlinespm#sthash.8BhxsVy6.dpuf

‘Rare and Mythical’ Cobble Hill Carriage House Asks $8M | South Salem Real Estate

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Is this Pacific Street home a unicorn? The listing’s brokerbabble seems to think so. Built in 1840, this “rare and mythical” former carriage and fire house is “what real estate dreams are made of.” The 25-foot-wide by 85-foot-deep three-story home is currently configured as two units, but can be combined to be a four- to six-bedroom single-family dwelling. The home’s layout skirts the “inconvenience of vertical townhouse living” with its 2,125-square-foot main floor, which has double-height ceilings, big skylights, and an impressively large fireplace. The brokerbabble goes on: “Add to that the drama of massive exposed wood beams, arched windows, a charming greenhouse, a perennial garden … 12-inch-wide wood-plank floors … a terrace off the second floor … and you have a one-of-kind property with the warmth and grandeur only found in historical homes, but the open layout of more modern living.” Unlike a unicorn, this carriage house can be bought for $7.995 million.

 

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http://ny.curbed.com/archives/2014/04/22/rare_and_mythical_cobble_hill_carriage_house_asks_8m.php

Chatting with George Filopoulos about the New Gurney’s Inn | South Salem Real Estate

 

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Last year, struggling Montauk resort Gurney’s Inn was taken over by real estate moguls George Filopoulos and Lloyd Goldman. A multi-phase, multi-year refresh and renovation means that Gurney’s will soon have a sleek new look. First up is a brand new 38-room oceanfront building, with private verandas and floor to ceiling windows encasing custom built furniture and wire brushed hardwood floors. The new aesthetic is the work of Michael Kramer, a young designer who is already considered one of New York’s most impressive new talents.

Food and beverages will be under the stewardship of Jennifer LeRoy, daughter of Warner LeRoy, famous for Tavern on the Green and Russian Tea Room, among others. The Beach Club, launched last year, and the spa will also be refreshed, as will the fantastic sand-filtered seawater swimming pool, the only one in North America.

Thrilled that an East End icon is being saved (heck, our mom used to babysit there back in the 1950s), we sat down with George to chat about Gurney’s.

You’re a Montauk resident. How far do your roots go in Montauk? As a kid, my family’s annual vacation was a week in Montauk during the month of July. My wife and I started renting out here when we were newly married and have owned a home for the last 10 years.

 

 

 

http://hamptons.curbed.com/archives/2014/04/14/chatting_with_george_filopoulos_about_the_new_gurneys_inn.php

Who Pays America’s Highest (and Lowest) Property Taxes? | South Salem NY Homes

 

The second biggest cost of home ownership — following the mortgage — is usually property taxes. In 2012, U.S. homeowners paid an average of about $2,800 in property taxes, according to a recent Zillow study. And if you live in New York, New Jersey, or Colorado your taxes were in some cases five times more than the national average. The numbers are based on an average of real estate taxes paid on single family housing in 2012.

The residents of Westchester County in New York pay more in property taxes than the typical resident of any other major American county. The average property tax bill for a single family home in Westchester County comes to $14,829 a year.

Want to know how your county stacks up against the rest of the country? Check out our rankings below.

 

https://homes.yahoo.com/news/pays-america-highest-lowest-property-taxes-163136546.html

 

Construction worker dies from fall at Dream Hotel | South Salem Real Estate

 

A male construction worker, likely in his 40s, died today after falling from a four-story scaffold at the Dream Hotel, at 210 West 55th Street, a New York Police Department spokesperson confirmed.

An investigation into the incident is ongoing. The identity of the worker is not being released at this time. He fell on top of a sidewalk shed and was pronounced dead at the scene.

A spokesperson for Hampshire Hotels, the owner of the building, was not immediately available for comment.

Hampshire appears to have been  performing repair work to the building’s terracotta facade and general remediation in connection with Local Law 11 compliance, according to Department of Buildings permits.

http://therealdeal.com/blog/2014/04/02/construction-worker-dies-from-fall-at-dream-hotel/

 

10 things your real-estate agent won’t tell you | South Salem Homes

 

1. “I’m using your house to sell myself.”

U.S. home prices have rebounded to mid-2004 levels, according to the latest S&P/Case-Shiller home price survey, and though monthly gains are slowing, this spring — traditionally the prime home-buying season — looks to be a sellers’ market.

That’s good news for real-estate agents as well. A 2013 National Association of Realtors member survey showed that agents’ $34,000 median annual income last year reflected a level not seen since 2006, just before the U.S. housing boom went bust; incomes in 2012 were up 37% from 2010.

But while most agents are hardworking professionals, buyers and sellers may encounter some agents who see only the “me” in home.

To get a listing, some agents tell dazzling stories about houses they’ve sold in your area. They’ll promise to splash photos of your home across the advertising pages of glossy magazines and blanket your neighborhood with direct mail to lure move-up buyers.

Critics say these agents are great marketers — of themselves. Photos in real-estate circulars “market the agent,” says Karen Krupsaw, vice president of real-estate operations at brokerage website Redfin. Mailers generate interest in the neighborhood — not the home. “It’s an avenue [brokers take] to generate business for themselves — using your house,” she says.

Furthermore, just because an agent does a lot of business, that doesn’t necessarily mean his clients were happy with his work, Krupsaw says. Indeed, the Council of Better Business Bureaus reports that consumer complaints against agents nationwide rose 22% in 2012 over the previous year.

The real estate website Trulia advises sellers to ask an agent how long their recent listings stayed on the market before selling, and compare that to the neighborhood’s history. Find out the average sale price compared with the average listing price of the homes they’ve sold. And ask how many other sellers the agent currently represents.

 

 

http://finance.yahoo.com/news/10-things-real-estate-agent-124050800.html

$12.9M Jaggedy Zapata House In Golden Beach Has FDR Twist | South Salem NY Real Estate

 

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Curbed National has the story of a $12.9 million oceanfront house in Golden Beach designed by Carlos Zapata (the guy that did that space ship-like metal fountain on the Washington Avenue terminus of Lincoln Road) which claims to be the site of Franklin Delano Roosevelt‘s Winter White House. A little digging turns up little evidence to support this, except that Eleanor Roosevelt rented a house down the street, twice. A little more investigating might be in order.

 

 

http://miami.curbed.com/archives/2014/03/20/zapata-designed-house-in-golden-beach.php