Tag Archives: Chappaqua NY Homes

Chappaqua NY Homes

Inside the Absurdly Lavish $114M Upper East Side Mansion | Chappaqua NY Real Estate

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Onyx-clad bathrooms, an indoor swimming pool, a movie theater with a balcony, a dressing area that doubles as a panic room, a 2,000-square-foot rooftop deck—these are just a few of extravagant features in the 40-foot wide mansion at 12 East 69th Street, currently on the market for a mindboggling $114,077,000. The Times announced the listing on Friday, and it’s now live on Corcoran’s website. Renovated by Vincent and Teresa Viola (the owner of the Florida Panthers NHL team and the president of Maida Vale Designs, respectively), the 19-room house is a case study in grandeur and the mega-rich, and needless to say, if it sells for anything close to the asking price, it will shatter previously held price records— and yet, it’s not even the most expensive thing on the market.

The brokerbabble is nothing impressive, but Friday’s Times article more than makes up for. Click through for the best lines. ·: Listing: 12 East 69th Street [Corcoran via StreetEasy] · East 69th Street Mansion Wants An Eye-Popping $114 Million [Curbed]

Art Dealer’s Mott Schmidt Georgian Manor Asks $9.8M | Chappaqua Real Estate

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Location: Briarcliff Manor, N.Y. Price: $9,800,000 The Skinny: Built in 1929 for New York banker William S. Lambie, this Georgian manor was designed by architect-to-the-moneyed Mott Schmidt, whose work came into vogue when the tastes of the rich swung from Gilded Age opulence to something (relatively) more restrained. Despite its lack of garish flourishes, with eight bedrooms and 10 bathrooms spread out over 13,242 square feet the property still manages to announce the original owner’s wealth very effectively. Located on a 16-acre wooded lot not far from the Hudson River, it’s adjacent to the Sleepy Hollow Country Club, and actually sits on the road that inspired Washington Irving’s tale of the headless horseman. Schmidt, whose client list reads like a list of Who’s Who in early 20th-century New York, also designed homes in the town and country for the Vanderbilts, the Rockefellers, and the Astors. This home is currently owned by the art dealer Warren Adelson and asking $9.8M, a slight drop from the original $10.9M it asked was listed earlier this year.

· 842 Sleepy Hollow Road [Zillow] · 842 Sleepy Hollow Road [Coldwell Banker]

Are foreclosure laws to blame for patchy US price gains? | Chappaqua NY Homes

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Why have many of the local housing markets that were hit hardest during the bust — especially in California — bounced back so vigorously and quickly, with prices close to or exceeding where they were in 2005 and 2006?

And why have many others along the East Coast and in the Midwest had a slower move toward recovery, with sluggish sales and gradual increases in values?

Though multiple economic factors are at work, appraisal industry experts believe they have isolated a crucial and perhaps surprising answer: Real estate markets rebound much faster in areas where state law permits foreclosures to proceed quickly, moving homes with defaulted loans into new owners’ hands expeditiously, rather than allowing them to sit and deteriorate, tied up in court procedures for years. Prices of foreclosed homes in such areas typically are depressed and negatively affect values of neighboring properties, but they don’t remain so for lengthy periods because investors and other buyers swoop in and return them to residential use rapidly.

By contrast, in states where laws allow large numbers of homes in the process of foreclosure to remain in legal limbo, often empty and unsold, home-price recoveries are hindered because lenders are prevented from recovering and reselling the units to buyers who’ll fix them up and add value.

Pro Teck Valuation Services, a national appraisal firm based in Waltham, Mass., recently completed research in 30 major metropolitan areas that dramatically illustrates the point. All the fastest-rebounding markets in October — those with strong sales, price increases and low inventories of unsold houses — were located in so-called non-judicial states, where foreclosures can proceed without the intervention of courts.

All the worst-performing markets — where prices and sales have been less robust and there are excessive numbers of houses available but unsold — were located in judicial states, where post-default proceedings can stall foreclosure completions for two to three years or even more in some cases.

 

 

http://therealdeal.com/blog/2013/12/06/are-foreclosure-laws-to-blame-for-patchy-us-price-gains/

Bundle up for these chilly accommodations and bars around the world | Chappaqua Homes

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Entrance under northern lights, ICEHOTEL, Jukkasjarvi, Sweden (© ARCTIC IMAGES/Alamy)
ICEHOTEL, Jukkasjarvi, Sweden
Sweden’s ICEHOTEL is the world’s largest hotel made of ice and snow. Each year, thousands of visitors descend upon the small village of Lapland — 125 miles from the Arctic Circle — to experience the unique accommodations from December to April. The hotel is the perfect place to view the northern lights while on a dogsled ride.

Listing Portals: What’s the Real End Game? | Chappaqua Real Estate

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The ongoing contention regarding the ultimate motives of the major online listing portals recently came to a head during a rousing panel discussion at RISMedia’s Real Estate CEO Exchange earlier this fall. During the session – “The Data Debate: Is Disintermediation a Real Risk?” – the true intentions of the online portals were debated with the hopes of revealing whether the current players are in fact, broker and agent friendly.

Held at New York City’s prestigious Yale Club on Sept. 18, the panel was moderated by longtime industry veteran Ken Jenny, managing partner, Mediatise, LLC. Panelists included leading listing portal executives and brokerage representatives, including: Curt Beardsley, VP, Customer & Industry Development, MOVE/realtor.com®; David Charron, president and CEO, MRIS; Alon Chaver, vice president, Industry Services, Trulia; Bob Hale, president and CEO, Houston Association of REALTORS®; Greg Schwartz, chief revenue officer, Zillow; and Andy Woolley, vice president/GM, Homes.com.

Jenny opened the discussion in the spirit of unity. “It’s not my goal to push the two factions further apart, because the idea is to learn to work together,” he stated. “We just love to hate something in this business. When something comes along that does a great job of working with us, we’re highly suspicious of the motives. We want to know, ‘how can it hurt me?’”

According to Jenny, given the voluminous amounts of listing data flowing through today’s market, if real estate professionals only advertised their listings through traditional avenues, they would be doing a disservice to themselves and their consumers. Jenny asserted that the distribution solutions offered by online portals, when blended with a print strategy, provide brokers and agents with the right marketing strategy for listings.

Jenny launched the debate, therefore, by asking listing-portal executives the question on the minds of many brokers: “Are you a disintermediator?”

“I get up every morning with the same purpose,” responded Zillow’s Schwartz. “Our purpose is to help real estate consumers find homes they love and can afford by working with the world’s best agents. We do that by mining data and utilizing social community. I never woke up saying, ‘we’re going to get our brokerage license.’ We know how to write software and how to sell ads. That’s our thing. You all do something that is very hard, complicated and demanding. We think we amplify your efforts. That’s our purpose.”

Trulia’s Chaver put forth a similar assertion. “We are not disintermediators in any sense of the word,” he explained. “We have a very simple mission and that is to connect consumers with agents. We want to partner with brokers as they are transitioning from newspapers. We also want to take the looky-loos and teach them about real estate, so when they are ready, we can connect them with an agent. We never take FSBOs. We work with over 2,500 brokers. Consumers generally don’t know much about Trulia, and that’s because our intent is to accelerate and build the broker’s brand, not ours.”

 

http://rismedia.com/2013-11-26/listing-portals-whats-the-real-end-game/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews

 

High Wind Watch In Effect For Tuesday As Heavy Rain Arrives In Chappaqua | Chappaqua Real Estate

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Temperatures will be climbing on Tuesday, but watch out for the winds — and then rain.  The National Weather Service has put a High Wind Watch in place for late Tuesday into Wednesday afternoon.

Strong southerly winds of 20 to 30 miles per hour with gusts of 50 to 60 mph are possible with downed trees and limbs as well as power outages possible, the weather service said.

The heavy winds were expected as a storm system tracks up the East Coast on Tuesday, with the potential to bring 2 to 4 inches of rainfall to the region.

Urban and small stream flooding are possible, and the weather service warned a Flood Watch may be declared if the storm increases in strength.

The forecast calls for increasing clouds Monday night, with a low around 26. Southwest wind 6 to 8 mph.

Tuesday: A chance of rain after noon. Cloudy, with a high around 40. West wind around 7 mph becoming southeast in the afternoon. Chance of precipitation is 50%. New precipitation amounts of less than a tenth of an inch possible.

Tuesday Night: Rain. The rain could be heavy at times. Temperature rising to around 50 by 4 a.m. East wind 8 to 18 mph, with gusts as high as 46 mph. Chance of precipitation is 90 percent. New precipitation amounts between 1 and 2 inches possible.

Wednesday: Rain before noon, then showers after noon. The rain could be heavy at times. High near 60. Breezy, with a south wind 13 to 21 mph, with gusts as high as 48 mph. Chance of precipitation is 100 percent. New precipitation amounts between 1 and 2 inches possible.

Wednesday Night: A chance of rain before midnight, then a slight chance of rain and snow between midnight and 3 a.m., then a slight chance of snow after 3 a.m. Mostly cloudy, with a low around 26. Breezy, with a west wind 17 to 21 mph, with gusts as high as 32 mph. Chance of precipitation is 40 percent.

Thanksgiving Day: Sunny, with a high near 33. Breezy.

 

 

http://chappaqua.dailyvoice.com/news/high-wind-watch-effect-tuesday-heavy-rain-arrives-westchester