Category Archives: Armonk

Tour a Totally Livable 242-Square-Foot West Village Apartment | Armonk Real Estate

 

[All photos by Max Touhey.]
27 images

Jourdan Lawlor bought her tiny apartment on West 12th Street, in a quaint former dormitory for Hudson River dockworkers, in 2011—three weeks before she met Tobin Ludwig. The director of sales development at The Daily Meal, she was tired of renting and decided to buy, scouring the city for a downtown apartment under $300,000 before settling on this prewar option, a high-ceilinged ground-floor studio that clocks in at a diminutive 242 square feet. That includes closets, cabinets, and a 29-square-foot storage nook above the bathroom door.

Of the 425-square-foot Upper West Side apartment Curbed toured earlier this year, Lawlor said, “That’s huge!”

Having eyed a snazzy Murphy bed from Resource Furniture for about five years, she said, “buying the bed was almost an excuse to buy the apartment.” Lawlor and Ludwig, who heads up a bitters purveyor called Hella Bitter, had been dating nine months before they decided to move in together. “We agreed to renovate and maximize the space,” Lawlor said. “If one if us said the safe word, I would put the apartment on the market the next day. But no one said it. We forget what the word was.” Added Ludwig: “I had not envisioned living here with Jourdan. I thought it would ruin my relationship with her.” (Spoiler alert: it did not.)

 

 

read more…

 

 

http://ny.curbed.com/archives/2014/09/03/tour_a_totally_livable_242squarefoot_west_village_apartment.php

College grads face high hurdles to buying first homes | Armonk Homes

Recent graduates who are saddled with student debt and want to get on the property ladder will have to earn roughly one-third more annually (or $8,969 more, on average) than those who are debt-free, according to new research from real-estate website RealtyTrac.

To reach that figure, RealtyTrac took the median home price for each state and county, and calculated the minimum amount of income that would be needed to qualify for a loan to buy a house at that price. (RealtyTrac assumed a 20% down payment and a 4.13% 30-year fixed loan with a maximum debt-to-income ratio of 43%, which is the maximum ratio for a “qualified mortgage” under Consumer Financial Protection Bureau rules).

“To overcome the additional debt from student loans, indebted college graduates need to make more income than college graduates without student loans to be able to afford a home,” says Daren Blomquist, vice-president at RealtyTrac.

Of course, this also depends on where the student lives. “The average student loan debt varies from state to state and, somewhat counterintuitively, some of the most expensive states for housing also have the lowest average student loan debt,” Blomquist explains. California has one of the lowest levels of student loan debt, for example, but also some of the highest house prices in the country.

 

 

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http://finance.yahoo.com/news/college-grads-face-high-hurdles-100506237.html

 

Buying and selling homes could soon be as easy as trading stocks | Armonk Homes

HomeUnion wants to level the playing field for smaller investors, helping them compete with institutional giants to identify bargain-priced single-family rental properties in markets around the country, and then buy and manage them from afar.

Institutional investors try to make a killing by snatching up undervalued homes and renting them out. But it can be harder for smaller investors to get in on the action if they don’t live near the markets with the best deals, or don’t want to be landlords.

 

 

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http://www.inman.com/2014/08/26/buying-and-selling-homes-could-soon-be-as-easy-as-trading-stocks/?utm_source=20140826&utm_medium=email&utm_campaign=dailyheadlinesam

Vital insurance questions answered | Armonk Real Estate

 

Winston Churchill once described the Soviet Union as “a riddle wrapped in a mystery inside an enigma.” The same might be said of insurance in its varied forms.

You know you should have a comprehensive, cost-effective network of coverage, but what you need and how much can be confusing. Here are answers to 15 of the most commonly asked questions about insurance:

1. What sorts of insurance do I need?

Most people need to be concerned with insuring four areas: their possessions, their life, their health and their finances.

2. When you’re talking about possessions, does that mean homeowners insurance is the most important?

Probably, because a house is likely to be the single biggest investment most of us make. The rule of thumb with homeowners insurance is not to skimp. If you can, pay extra for guaranteed-replacement coverage, which mandates that the insurer will replace your home if it is destroyed, regardless of the cost. If you instead specify a dollar amount of coverage, and it’s not enough, you could end up paying the difference.

3. Once I have guaranteed-replacement coverage for my home, I’m all set, right?

Well, it’s important to know what your homeowners insurance covers and what it doesn’t. For example, particularly pricey items such as big-screen televisions and fancy stereo equipment are often excluded from policies or, at the least, inadequately covered. The same goes for antiques, collectibles, expensive jewelry and furs. Ask for riders that specifically cover those items.

 

 

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http://money.msn.com/insurance/vital-insurance-questions-answered-wuorio.aspx

Once again, real estate opens up its coffers for Cuomo | Armonk Real Estate

 

Top New York real estate players continue to funnel their considerable financial resources to Governor Andrew Cuomo’s re-election campaign, a review of the latest state campaign finance filings show.

Leading the pack by a comfortable distance was Leonard Litwin’s Glenwood Management, which gave $169,200 between July 12 and August 4, according to campaign finance records. In total, Glenwood, which has a rental apartment empire on the Upper East Side and is a vehement opponent of the under-construction East 91st Street waste transfer station, has given the governor over $1 million since 2011.

Retail real estate mogul Richard Baker of NRDC Equity Partners gave Cuomo $50,000 between July 12 and August 4. NRDC, through subsidiaries, owns both Lord & Taylor and Saks Fifth Avenue.

Entities associated with the Fisher Brothers — which was recently hit with subpoenas by the now-defunct Moreland Commission over 421-a tax abatements that were carved out by Cuomo for the firm — gave at least $40,000. BFC Partners, which is developing the $580 million Empire Outlets mall project on Staten Island, gave $25,000. East Coast Plumbing LLC, which shares a Paramus, NJ-address with a Vornado Realty Trust-controlled entity, also gave $25,000, as did entities associated with Ron Moelis’ L&M Development.

Brokers who opened their wallets for Cuomo in this period include Cushman & Wakefield’s Bruce Mosler, who gave $10,000, and Newmark Grubb Knight Frank’s Brian Waterman and Michael Ippolito, who each contributed $5,000.

Overall, Cuomo raked in just under $1.1 million in this filing period.

The Fisher Brothers and Mosler made their donations on July 24, the New York Observer noted, just a day after a New York Times investigation revealed that Cuomo may have interfered with an anti-corruption panel that was looking into his ties to the real estate industry.

In the first half of the year, Cuomo’s four top donors all came from the industry, as TRD reported.

– See more at: http://therealdeal.com/blog/2014/08/13/once-again-real-estate-opens-up-its-coffers-for-cuomo/#sthash.3Rmx3MRj.dpuf

Local Farmers Markets | Armonk NY Homes

 

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Fresh Fish & Bread Return Full-time at Tarrytown Farmers Market;
Recycle Sack Program Begins in Ossining;
Chef Maria Reina Hosts Cooking Demo in Croton-on-Hudson + MORE

August 7-13th, 2014

DowntoEarthMarkets.com
Peaches_CHL_VLPhoto_July2014
What’s New, In Season, and On Sale This Week
$1 OFF Round Soaps
Regularly $4 each; now $3!

Sisters Wicked Good Soap

$2 OFF purchase of 5 products Select from chuneys & frozen
kofta, saag, samosa, & rajama

Bombay Emerald Chutney Co.

Arugula
Taliaferro Farm

Blueberry Honey
Honeybrook Farms

Cantaloupe
Gajeski Produce
Mead Orchards


Croissants
Almond, Chocolate, & Traditional
Wave Hill Breads

Eggs
Fishkill Farm

Eggplant
Taliaferro Farm

Flowers
Fishkill Farm

Gooseberries
Fishkill Farm

Honey in the Rough
Honeybrook Farms

Just Crust Chips and
Rustic Croutons

Garlic, Naked & With a Kick
$0.50 OFF/bag this weekend!

Wave Hill Breads

Kabuchi Squash
Gajeski Produce

Monkey Bread
Wave Hill Breads

Peaches
Alex’s Tomato Farm
Mead Orchards
Migliorelli Farm

Pears
Mead Orchards

Peppers

Taliaferro Farm

Tomatoes
Fishkill Farm
John D. Madura Farm
Migliorelli Farm
Rexcroft Farm
Wright Family Farm

Shawungunk Honey
Honeybrook Farms

Spring Meadow Honey
Honeybrook Farms

Summer Squash Ravioli
Made w green & yellow squash, roasted red peppers, tomatoes, &
onions – all from Newgate Farm
Trotta Pasta

String Beans
Gajeski Produce

Watermelon
Alex’s Tomato Farm


Click on a Market to see all vendor and event details…

Westchester
County

Rockland
County

Ossining

Saturdays
8:30 am-1:00 pm


Larchmont

Saturdays
8:30 am-1:00 pm

Piermont

Sundays
9:30 am-3:00 pm

Croton-on-Hudson

Sundays
9:00 am-2:00 pm


Rye

Sundays
8:30 am-2:00 pm

Spring Valley

Wednesdays
8:30 am-3:00 pm


Tarrytown/Sleepy Hollow

Saturdays
8:30 am-1:00 pm

New Rochelle

Fridays
8:30 am-2:30 pm


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
New Rochelle – Friday, August 8th

Only TWO chances left to meet a Rockstar (under age 9, that is…)! The Beth El Day Camp Rockstars, girls ages 7 and 8, will serve as Food Ambassadors to New Rochelle’s Down to Earth Farmers Market tomorrow and Friday, August 15th. Between the hours of 11 am and 1 pm, you can find the girls with their latest recipe made from fresh market ingredients. Tomorrow they’ll feature FRUIT KABOBS. They make the recipe and offer free samples – and free recipe cards – for everyone to recreate it at home. See you there!

Ossining – Saturday, August 9th

Recycle Sack: With the goal to eliminate plastic bags from the farmers market, this Saturday, the market manager in Ossining will begin accepting donations of clean, reusable shopping bags that people would like to drop-off. The donated bags will be offered to customers as an alternative to plastic bags for their market purchases. For each bag donated, customers can enter to win a $25 gift certificate for the market, and a winner will be drawn every 2 weeks!

Croton-on-Hudson: Sunday, August 10th

Chef Maria Reina of Bella Cucina Maria will host a free cooking demo from 11:30 am-1:30 pm. She creates healthy, seasonal dishes with fresh ingredients from the market. She has a wonderful recipe for this week that features pasture-raised eggs and peppers, but that’s the only hint we’ll give for now. Stop by to sample her dish and gain new ideas for cooking from the market!

For additional events, visit our Down to Earth Markets Event Calendar.

Stay tuned to all market happenings via our Down to Earth Markets Facebook page
and follow us on Instagram and on Twitter @DowntoEarthMkts.

Feed Your River: How Riverkeeper and Down to Earth Markets Are Teaming Up
to Support Local Food and Clean Water
by Jeremy Cherson of Riverkeeper
Hudson Sunset
Hudson River sunset as seen by the
Ossining waterfront

Riverkeeper, New York’s clean water advocate, and Down to Earth Markets are teaming up this summer and fall to present the Feed Your River Series, a partnership between neighbors to promote local food and the importance of clean water. The first event takes place this Saturday, August 9th, when Riverkeeper will appear at the Ossining Farmers Market to discuss our latest initiatives with market customers.

Did you know that over 100,000 New Yorkers get their drinking water directly from the Hudson River? Another 8 million New Yorkers depend on the good health of the Catskills for their drinking water supply.

Come visit Riverkeeper at these Down to Earth Farmers Markets:

8/9: Ossining Farmers Market
8/16: Tarrytown Farmers Market
8/31: Piermont Farmers Market
9/7: McGolrick Park Farmers Market (Brooklyn)
9/7: Park Slope Farmers Market (Brooklyn)
10/11: Morningside Park Farmers Market (Manhattan)

The connection between clean water and healthful food is readily apparent for our friends at Down to Earth Markets. Their farmers markets bring the finest produce of the Hudson Valley and surrounding area to the people of the metro region.

Farmers in the Catskills and Hudson Valley rely on clean, plentiful water to provide us with nutritious food. Supporting farmers at a Down to Earth Market helps farms within the NYC watershed stay in business and thrive. Ultimately, stewardship of farmland is an important component of maintaining water quality on the Hudson and its tributaries.

Riverkeeper will be featured at select Down to Earth Markets throughout the estuary to engage communities about the importance of protecting the Hudson River and our drinking supply. Stop by the learn about our ongoing campaigns to stop dangerous oil shipments down the Hudson, prevent the raid of clean water funds to finance the Tappan Zee Bridge, and keep fracking waste off New York roads. Everyone can make an impact. Find out how by visiting Riverkeeper at your favorite Down to Earth Farmers Market.

Riverkeeper relies on extraordinary heroes like you to raise the red flag and educate the public on threats to our river. We need you to join our volunteer team to help the Feed Your River Series thrive and grow. Click here to join our outreach and education volunteer team. See you at the markets!

Rotating* Vendors This Week
*Vendors who rotate through various markets during the season.
They enjoy getting to know many communities, and here’s where to find them this week:

New Rochelle – Friday, August 8th

Trotta Foods (Locally sourced Italian specialties)

Larchmont – Saturday, August 9th

Bombay Emerald Chutney Company
Calcutta Kitchens
Flourish Baking Company
Trotta Foods (Locally sourced Italian specialties)

Ossining – Saturday, August 9th

Bombay Emerald Chutney Company
Hudson River Apiaries
Sisters Wicked Good Soap

Tarrytown – Saturday, August 9th

Tuthilltown Spirits Farm Distillery

Piermont – Sunday, August 10th

Simple Eats with Chef T
#Freedom Craft Brewery

Rye – Sunday, August 10th

Bombay Emerald Chutney Company
Kontoulis Family Olive Oil
Trotta Foods (Locally sourced Italian specialties)
Tuthilltown Spirits Farm Distillery

Mortgage Rates Remain Largely Unchanged | Armonk Real Estate

Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage once again showing very little change while remaining near their 2014 lows prior to a better than expected second quarter gross domestic product reading.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.12 percent with an average 0.6 point for the week ending July 31, 2014, down from last week when it averaged 4.13 percent. A year ago at this time, the 30-year FRM averaged 4.39 percent.
  • 15-year FRM this week averaged 3.23 percent with an average 0.7 point, down from last week when it averaged 3.26 percent. A year ago at this time, the 15-year FRM averaged 3.43 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.01 percent this week with an average 0.5 point, up from last week when it averaged 2.99 percent. A year ago, the 5-year ARM averaged 3.18 percent.
  • 1-year Treasury-indexed ARM averaged 2.38 percent this week with an average 0.4 point, down from last week when it averaged 2.39 percent. At this time last year, the 1-year ARM averaged 2.64 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Quotes
Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

“Mortgage rates were little changed this week with the 30-year fixed-rate mortgage rate at 4.12 percent, just a basis point lower from the previous week. Meanwhile, on Wednesday afternoon the yield on the 10-year Treasury surged as data showed gross domestic product for the second quarter at a 4.0 percent annualized rate, above expectations.”