After years of bad news in the housing market, a corner has been turned. The cooperative complex of Scarsdale Manor on Garth Road in the Scarsdale PO is an example of such a turn around. This popular pre-war cooperative complex suffered from the malaise with slow sales and decreasing prices. Things are now leveling and we appear to be well on our way to healthy price increases.
Monthly Maintenance: $1025 – 50% tax deductible ($890 with STAR)
Gross Outlay per month: $1577.00
Net Outlay after tax deductions: $1300/month
Amortization: $2480 the first year.
Try finding a comparable unit to rent in downtown White Plains for $1300 a month in gross outlay. You can’t.
In addition, the seller is offering one year of FREE parking to the buyer.
* These numbers assume that the buyer pays list price and has a standard 20% to put down on the unit at a 4% interest rate.
Franklin Manor Unit #3A:
This is a beautifully maintained complex with an amazing amount of ambiance and old-world charm. Although no one lives in their lobby, I must say that this is one of the most beautiful lobbies in lower Westchester. The unit is a LARGE 1 BR/1 BA unit – 875 sf LARGE! Beautifully maintained and completely updated with a new granite eat-in kitchen, and a new bath. There are hardwood floors throughout cove ceilings a fireplace and an attention to detail that is the trademark of a beautiful pre-war building. The kitchen is huge. Marvelous for entertaining and cooks dream come true.
For convenience and charm this unit has it all.
Listing courtesy of Carolyn Schoemer – Keller Williams NY Realty Mobile: 914-629-6572
Yonkers took Autism Awareness very seriously this year. This was a very visible display to increase awareness of what has become an epidemic. Having spent a good part of my life in biomedical research, I have to say that awareness is the first step. What is now needed is funding for laboratories conducting basic research. So much of the private sector gains in biotechnology particularly in autoimmune and neurological disorders and cancer, have come on the shoulders of the public sector research that plants the seed corn in basic research. The recent sequester has decimated the NIH budget – and this should be on everyone’s mind when the far -right clangs the deficit alarms and screams for more “austerity”. How does squeezing basic research promote future growth? It doesn’t. It does the opposite because the private sector can not profitably engage in the type of high-risk basic that may lead down many blind alleys before it hits pay dirt. So if we want R&D for disorders such as autism and the autism spectrum, we have to fund the labs to do the research.
Lighting up City Hall raises awareness. But that’s the easy part. Now as a nation, we have to put our money where our mouths (and gestures) are.
April 2, was Autism awareness day. And the GW Bridge lights were lit up in blue to raise awareness. Disorders in the Autism spectrum are on the rise. As a former researcher, Autism and its spectrum of disorders has always held something of a special place in my mind and heart. Although progress is being made, like most complex disorders with a wide spectrum of symptoms, there are probably multiple causes, some of it genetic, some of it environmental all at play. As much as we need awareness, we need research dollars. Research like this can not be left to the private sector as the the road will lead down a dozen blind alleys. As is the case with most complex disorders, there is probably no one “cause”. Let us turn our attention to the reckless budget cutting that is going on in Washington and realize that this is making the pathway that much harder to get at the answers and possible solutions.
original post – http://fotosonthefly.biz – 2013 – All rights reserved.
Its Passover and Holy Week and even though it is spring, it feels like winter still. We were supposed to have snow on Monday, but thankfully we were spared. In any case, Carlson’s Floral & Gift is ready with flowers, arrangements and all sorts of wonderful arrangements for your home and garden. Just a walk-through is enough to fill your mind with wonderful ideas for your home and garden….
And if you are thinking about selling your home, curb appeal is key and a few arrangements artfully placed can make all the difference in the world. Its an inexpensive way to spruce up ho-hum landscaping.
Happy Spring – even though winter still appears to be with us!
Carlson’s is located on Dobbs Ferry Road on Route 100B near the ramp for the Sprain Brook Parkway.
THIS HOME IS CURRENTLY UNDER CONTRACT – Stay tuned for final sales data once title passes.
The Bullet:
2 Family Home
The home: 2850 sf
The Lot: 4792 sf
Taxes: $15,254
Offered at: $439,999
The Details:
Mount Vernon real estate has been making a comeback. Smart buyers are snapping up properties to call home or even and investments.
There a few Mount Vernon homes for sale with this type of “wow” factor. A pre-war brick two family home that is fully updated and move-in ready. You get the charm and substantial construction of the early 20th century while having all the modern conveniences of the 21st century. Read the rest of this entry »
This is a topic that I have brought up in the past. In 2010 Redfin did a study that got a lot of people riled up. It was about the impact of professional photography on home sales. I think it riled up agents and brokers because at the height of the housing recession, the last thing they wanted to hear was that they needed to fork up precious marketing dollars for professional photography.
Real Estate Photography Matters!
However, let’s be honest here: the study was pretty much stating the obvious. It was something that I had intuitively known for several years and had been preparing for. The internet changed everything. Eye candy was ruling the day and fine photography had become the centerpiece of any smart agent’s marketing plan. That agents were slow to respond is understandable. They had been doing Poleroid shots, followed by point-and-shoot for years. What they were underestimating was how much buyers were letting their fingers do the walking online. With thousands of listing photos online, buyers were eliminating inventory before even leaving the home or contacting an agent.
The Argument Over Data…..
Agents argued the validity of the data. I personally have never been a big Redfin fan, but in this case they had really tried to find a way to measure something that was very difficult to quantify. The method was somewhat indirect. They had to quantify the use of professional photography by the use of camera type.
Back in a time, not so long ago, real estate agents had a thing called the MLS (Multiple Listing Service). It was privately owned and no one could peek inside unless they were a licensed agent. The listing books were stacked neatly arranged and updated in brokerage offices throughout Westchester – and throughout most of the country for that matter.
Back then, I wasn’t an agent. So I can only recall that time except from the perspective of a home buyer in the late 90s. But I can tell you that photography was not very important back then. In fact, I don’t recall seeing a single photo before viewing a home. Agents seemed to take one polaroid shot of each home they liste and that was that. The internet was around, but a clunky, awkward shadow of its present state. Search engines weren’t that good at searching and internet speed was…well it was dialup! Loading photos? I don’t think so….
Ok! I will be the first to admit it! I have one of the worst driveways in White Plains….It might even be an award winner county-wide. It is pictured in part in the iPhone photo on the right…. To begin with, it is long and curved. Its fine for most cars and SUV’s, but for a plow, it can be difficult. To add insult to injury, the driveway is in dire need of repaving. But the length of the driveway means mucho $$$ for re-paving and although according to the government the “recession has been over” for almost 3 years, most of us here on the ground still feel as though we are deep in a recession….including yours truly.
Often when buyers start looking for White Plains NY condos for sale, they find themselves drawn to older complexes with old-world charm. Westchester coops comprise the largest share of pre-war buildings and many high-end Westchester coops end up being on the short list of buyers for White Plains NY condos. The Broadlawn of White Plains is just such a complex.
The complex consists of garden style units surrounded by formal gardens that including Pergola and barbecue area. Built in 1928, the Broadlawn is know for its Old-World charm and architectural details. Most of the units at the Broadlawn have two bedrooms. Many include such wonderful amenities as fireplaces and balconies overlooking the formal gardens. Ground floor units often have private patios. Many units are duplexes. The ground floor units tend to be simplexes with patios while the upper floor units are generally duplexes. The Broadlawn was able to forgo raising its maintenance fees last year – which speaks well to its financial stability. The interior hallways have just been given a facelift and they are also in the process of creating a fitness room on the premises. All of these are positive steps for the owners and are signs of a thriving community.