Daily Archives: January 10, 2014

Colorado agent launches marijuana-friendly marketing campaign | Mt Kisco Real Estate

On Jan. 1, Bob Costello, an agent with the Brokers Guild brokerage in Denver, launched his “420 Friendly Realty Broker” campaign to capitalize on Colorado’s new 2014 law that allows adults over the age of 21 to purchase recreational marijuana legally in the state.

“I’ve had about 30 calls about this, and for a real estate broker, it’s great — you want a lot of leads,” Costello told the Huffington Post.

Costello offers prospective clients who might want to grow pot insight into what type of homes they should be looking for.

“First of all, you want to be in a marijuana-friendly city like Denver, Edgewater, Wheat Ridge or Pueblo,” Costello told the Post. “You probably also want to get a house that’s not too close to a school, maybe not too close to something controversial.”

Source: Huffington Post

– See more at: http://www.inman.com/wire/colorado-agents-2014-marijuana-friendly-marketing-campaign-seeing-early-returns/?utm_source=20140110&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.CVrTCTBy.dpuf

What does Mel Watt mean for housing finance in 2014? | North Salem NY Homes

Mel Watt (D-NC) is set to take the helm as the next official director at the Federal Housing Finance Administration — and we know there are no shortages of industry opinions out there about what a Democratic-led FHFA may decide to do (or not do) with the reins of the GSEs in their hands.

So, we want to hear from you: what does a Mel Watt-led FHFA mean for U.S. housing finance, in 2014 and beyond?

The best answers will be selected by our team of editors to appear in the February 2014 issue of HW Magazine, in our monthly “Sounding Board” department.

Those selected to appear will also receive a complimentary digital reprint of their contribution ($350 value), highlighting their opinion. It’s our way of saying thank you for telling us what you think.

So, if you’ve got an opinion, speak up! What does Mel Watt mean for housing finance, this year and in the future?

http://www.housingwire.com/blogs/1-rewired/post/28460-what-does-mel-watt-mean-for-housing-finance-in-2014

Government thinks it can fix struggling communities | Cross River Real Estate

The Secretary of Housing and Urban Development joined the education and agriculture secretaries Thursday in a press conference to elaborate on what will be involved in President Obama’s new “promise zone” initiative.

President Barack Obama announced that he is starting a new government program designed to help economically challenged communities.

The promise zone initiative, Obama said, will focus on attracting private investment to replace distressed housing with what they call “mixed-income” housing, reducing crime, providing tax incentives to stimulate economic growth, and promoting programs to help high schools retain and graduate students.

The first five locations will be San Antonio, Philadelphia, Los Angeles, Southeastern Kentucky, and the Choctaw Nation of Oklahoma. The White House plans to announce 15 more promise zones over the next two years in blighted rural and urban areas.

HUD Secretary Shaun Donovan said the effort will integrate housing, education and crime relief efforts, and bring together local community leaders with businesses through tax credits, coordinated by federal oversight.

“This is a sharp departure from the way the government provided aid in the past,” Donovan said. “Washington would swoop in and impose solutions without working with local leaders to support their visions and strengthen all assets needed for communities to thrive.”

“We want to bring together a wide variety of stake holders to better communities,” Donovan said. “Home is the foundation of all of our lives. Now we are going to connect housing with other efforts to expand opportunity.”

Donovan said that the tax credit component of the promise zone initiative is critical, especially for housing and job creation.

“Yes, these zones will work without tax credits, but no, not to full capacity,” he said. “Those tax credits that will be proposed are critical in accelerating job creation and improving housing.”

He added he believed the promise zones initiatives and tax credits will receive bipartisan support in Congress.

http://www.housingwire.com/articles/28537-big-promises-the-white-house-is-making-now-about-housing

North Castle Administrator Goldberg Returns Shortly After Abrupt Firing | Armonk Real Estate

Less than a month after her firing, the new North Castle Town Board recently welcomed Joan Goldberg back as town administrator, according to a report from LoHud.com.

The North Castle Town Board voted unanimously to bring back Goldberg on Wednesday, Jan. 8, during the board’s first meeting of the year, according to the report. The North Castle Town Board voted 3-2 to fire Goldberg in December “without cause,” 16 months after she was hired. Town Supervisor Howard Arden and council members Diane Didonato-Roth and John Cronin, who voted for the firing, were not re-elected.

“My only concern is for the work force in North Castle to be able to understand what happened,” Goldberg said in the LoHud report. “It’s disconcerting to see this type of political stuff. When they see something like this, it really shakes the force.”

http://armonk.dailyvoice.com/news/north-castle-administrator-goldberg-returns-shortly-after-abrupt-firing

Say So Long To Sub-Zero Wind Chills, Bedford, As Warming Trend Starts | Bedford NY Real Estate

After days of record-breaking and dangerous cold temperatures, the Polar vortex has finally receded north and a gradual warming trend is now under way in Westchester.

After a chance of mixed precipitation Friday morning up until 11 a.m., the rest of the day will be cloudy with a 60 percent chance of rain and a high between 37 and 40 degrees, according to the National Weather Service.

Then comes the real warmup.

The outlook for Saturday calls for rain in the afternoon and highs between 53 and 55 degrees.

With temperatures rising dramatically, melting ice could cause urban flooding and possible river flooding as well as ice jam flooding along local rivers, according to the National Weather Service.

It will remain cloudy on Sunday with a chance of showers and a high between 46 and 48.

http://bedford.dailyvoice.com/news/say-so-long-sub-zero-wind-chills-westchester-warming-trend-starts

Katonah-Lewisboro Parents Propose New School Redistricting Option | Katonah NY Real Estate

Edward Burt’s third-grade son may have to change schools in the fall if the Katonah-Lewisboro school board decides to close an elementary school when it votes on the matter Thursday, Jan. 23.

He isn’t alone. The Increase Miller Elementary School parent was one of dozens to attend a forum on the matter Wednesday night, moderated by Goldens Bridge resident and former Assemblyman Robert Castelli.

Mirjana Jovanovic, a mother of two at Increase Miller, asked the two Katonah-Lewisboro school board members present to consider an alternative option to moving 94 students to Katonah Elementary. Since the school runs below capacity, she proposed letting those students stay at Increase Miller and send new and incoming students to Katonah.

The idea caught steam with the board members and parents. Other parents suggested to let just those in fourth and fifth grades finish out their time at Increase Miller.

The school board formed a School Closure Task Force in June to investigate the possibility of closing one or two elementary schools in response to enrollment that has dropped by 700-plus students since 2006. The task force decided closing Lewisboro Elementary would disrupt the fewest students possible and created a redistricting plan that spread the 300-plus students across the remaining three schools.

However, Lewisboro Elementary parents asked the board to alter its redistricting plan to send their kids to only two schools. By sending them in larger groups parents argued this would prevent some students from being torn apart from their friends.

Tobin said the board agreed and the administration develop a second scenario, in which some Increase Miller kids would be redistricted to Katonah Elementary to even out the distribution among the three remaining schools. This, Burt said, would send students, including his son, to Katonah alone, without any of their friends.

“You listened to them, well you should listen to us,” Burt said. “You agreed with them, now here’s the other side of it.”

The other side of it left Burt and scores of parents filling the small room in the Lewisboro Recreation and Parks Building debating which redistricting scenario they prefer, each choosing the one that would impact their child least. Most parents supported Jovanovic’s idea because it would keep their kids together.

The first scenario would give Increase Miller 470 students, Katonah 490 and Meadow Pond 426. The second scenario would give Increase Miller 467, Katonah 472 and Meadow Pond 447.

The second scenario also comes with a lower savings total at $1.74 million, down from $1.89 million.

Tobin said she will bring the parents’ third scenario to the board at its regular meeting at 7:30 p.m. Thursday, where they are scheduled to discuss which scenario is best. If four of the seven agree the phasing in, or grandfather clause should be looked into, the administration will do so, she said.

A public hearing on the school closing is scheduled for Thursday, Jan. 16 and the final vote is Thursday, Jan. 23.

Parents may email all seven school board members, the superintendent and assistant superintendents ahead of the meeting Thursday, which will be held at the John Jay High School library on 60 Cross River Road, Cross River.

http://bedford.dailyvoice.com/schools/katonah-lewisboro-parents-propose-new-school-redistricting-option