Tag Archives: Cross River Real Estate

Employment Situation in June for Housing | Cross River Real Estate

Strong job gains in April and May were revised downward by 60 thousand and the unemployment rate fell 0.2 percentage points based on a reversal of the labor market expansion in May. Overall, the employment situation in June was decent, but the recovery from the weakness in March was less vibrant than originally estimated.

The Bureau of Labor Statistics (BLS) reported that payroll employment expanded by 223 thousand in June. This brings average monthly payroll gains to 208 thousand in the first half of 2015 compared to 239 thousand in the first half of 2014 and 260 thousand for all of 2014. The unemployment rate dropped to 5.3% in June from 5.5% in May despite a decline in employed persons in the household survey and based on a reduction in the labor force of 432 thousand. The labor force expanded by 397 thousand in May.

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http://eyeonhousing.org/2015/07/

Inventory still short of what market needs; median sale of luxury units now at $5M | #CrossRIverRealtor

A one-bedroom at 33 Riverside Drive listed at $900,000 Nearly half of the Manhattan properties sold during the third quarter traded at or above their listed price, and at the highest level in six years, according to Douglas Elliman’s quarterly report released Wednesday. Despite a 27.6 percent uptick in inventory during the quarter, the report found that nearly half of sales closed for the asking price or more. “The implication is that… inventory is still falling short of what the market needs,” said Jonathan Miller, president of appraisal firm Miller Samuel and author of the report. Overall, the number of listings during the third quarter is still 18 percent lower than the 10-year average. But the condo market saw a 52.5 percent increase in listings, with resale inventory rising by about a quarter (to 1,578 listings from 1,258) and new development inventory doubling (to 1,409 listings from 701). But even with more product on the market, the number of sales during the third quarter dropped 13.3 percent year over year. Miller pointed out, however, that the number of sales has hovered around 3,300 for the past four quarters, which is 29 percent higher than the 10-year average. “There’s still unusually heavy volume,” he said, citing continued momentum in the market related to the release of pent-up demand in 2013.

 

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http://therealdeal.com/blog/2014/10/01/half-of-apartment-sellers-in-3rd-quarter-got-their-price-or-higher/#sthash.MIpPSVow.dpuf

21 years to save for the down payment on a house? | Cross River Homes

 

Guardian reporter Jessica Glenza and her boyfriend are buying a house and decided to go with a Federal Housing Authority loan. Glenza explains (in a satirical way that catches your eye), how she can finally afford a home and why some might think this is a bad thing.

It was over a plate of linguine and cream sauce that I learned I could afford a home. The government-run program allows buyers to put down as little as 3.5% of the property’s sales price.

What I found out is that the Federal Housing Authority finances about one in five homes in the US, a huge proportion. FHA financing works by allowing people to finance part of the traditional 20% down payment.

Previously, Glenza assumed she would be forced to save for 10 to 15 years in order to pull together a 20% down payment.

However, as she learned about this new program, she also realized the opposition to it. This is where people like Norbert Michael from the Heritage Foundation, who would rather do away with Fannie, Freddie and the FHA, come in.

 

 

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21 years to save for the down payment on a house?

 

Teatown Lake Reservation News | Cross River Real Estate

 

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July 23, 2014
PROGRAMS THIS WEEK:
Advanced Registration is required for all programs. Unless noted, all programs meet in the Nature Center and are $7 per person or FREE for members. Please register by calling (914) 762-2912 ext. 110.
What a Hummer!
Saturday, July 26
2 – 3:30 pm

Hummingbirds are winged jewels of the bird world. Learn more about these birds and make a hummingbird feeder to attract them to your yard. All Welcome. $5/material fee/feeder

Visit Teatown

1600 Spring Valley Road
Ossining, NY 10562
Teatown Lake Reservation’s
mission is to inspire our community to lifelong environmental stewardship.
Nature Center hours:
9 am – 5 pm daily
Trails are open 365 days a year from dawn to dusk.
Click here for Teatown membership benefits, details,
and to purchase or renew
your membership online.

Your donation can make

an immediate impact and help

support our environmental education programs and the stewardship of our 1,000 acre preserve.

Upcoming Events and Workshops:
Luna moth

Black-lighting for Moths
Thursday, July 31
8 pm

Join Charlie Roberto as we light up the night to attract night flying insects. All Welcome. Free.

PBock
Great Hudson Estuary
Fish Count
at Kathryn W. Davis RiverWalk Center
Kingsland Point Park, Sleepy Hollow, NY
Saturday, August 2

10 am

If you could lift the lid off the Hudson River in Tappan Zee Bay, what would you see? Catch the incoming tide with Teatown and Strawtown Art and Garden Studio at the Kathryn W. Davis RiverWalk Center in Sleepy Hollow, as we seine for fish and other creatures in the warm waters of the Hudson. We will focus on identification and record and share the results with other sites taking part along the river. Afterward mix paint and match the color of the River, and add sand from both shores of the wide bays to make a symbolic driftwood sculpture.

All Welcome. Free; Parking fee collected at park

In the Nature Center Gallery:

Nature Center Gallery Richard Pileggi

Quiet Landscapes

Photography

By Richard Pileggi

On exhibit

July 5 – August 30

Click here for more info

Announcing the publication of:

Teatown’s Wildflower Island

by Lisa Fleck Dondiego

A privately printed, 80-page photo book with an Index identifying the flowers.

Foreword by Leah Waybright Kennell, Curator of Wildflower Island.

This wonderful book is available for

purchase in Teatown’s nature store for $45 plus tax.

Teatown in the News:
Teatown Is A Top Westchester Staycation
Teatown Lake Reservation is proud to be one of Westchester County Office of Tourism’s Top 10 Places to Go When You Want to Spend Your Family Vacation Right Here In Westchester.
“Summer is a great time to visit this nature preserve and education center.”
Click here for the full article.

Alejandro Sanz Taking His 15 Grammys, Selling His Historic N. Bay Road Hacienda For $15M | Cross River Homes

 

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Many grammy winning Latin singer Alejandro Sanz is selling his guitar-filled mediterranean revival villa built in 1933 on the shores of Sunset Lake, the body of water formed by the sheltering embrace of the four Sunset Islands. The house, which we’re curious to identify the original architect of (could it be DeGarmo, Pancoast, Fatio?), was renovated by “legendary designer” Wallace Tutt, of Thomas Kramer’s ‘haunted’ house fame. A search of property appraiser’s records for the architect proved fruitless. So did the Miami Beach historic property database. Just from the look of it, however, the house could be a Russell Pancoast or even an August Geiger. It’s sleuthing time.

 

 

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http://miami.curbed.com/archives/2014/06/05/alejandro-sanz-house.php

 

Down to Earth Farmers Markets | Cross River Real Estate

 

 

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Great sales in Ossining + British-inspired specialties in Larchmont;
New vendors in Piermont & Croton + More

May 15th-21st, 2014

DowntoEarthMarkets.com
Lettuce_MSP
What’s New, In Season, and On Sale This Week

Asparagus
Migliorelli Farm
Rexcroft Farm

Asparagus & Roasted Tomato
Quiche

Meredith’s Bread

Asparagus Turnovers
Robinson & Co. Catering

Baked German Goodies
Bienenstich, Mohnstreusel, Linzer,
and more

Christiane’s Backstube

Drunken Goat Cheese
Raw milk aged cheese, soaked in wine
“Fruity with firm interior, reminiscent of Parmesan”
Acorn Hill Farm


Ground Beef: Buy five 1lb pkgs
& get $2 OFF per pound!
(Reg $9.75/lb; now $7.75/lb)

Kiernan Farm

Hydroponic Tomatoes
Rexcroft Farm

Leek Pie with Sauce Veloute
& Baby Spuds

Robinson & Co. Catering

Pickled Ramps
Stone & Thistle Farm

Pickles – SALE!
$1 OFF all quarts: Full Sour, Half Sour, New & Kosher Dill

Pickle Licious


Ramp Pesto
Stone & Thistle Farm

Radishes
Migliorelli Farm

Rhubarb Almond Squares
Christiane’s Backstube

Salad Greens
Rexcroft Farm

Thyme and Lavender Sausage Rolls
Robinson & Co. Catering

Wild Foraged Ramps
Stone & Thistle Farm


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

Westchester
County


Rockland
County


Ossining

Saturdays
9:00 am-1:00 pm


Larchmont


Saturdays
8:30 am-1:00 pm

Piermont

Sundays
9:30 am-3:00 pm

L
Croton-on-Hudson

Sundays
9:00 am-2:00 pm


Rye

Sundays
8:30 am-2:00 pm

Spring Valley

Coming in July

Tarrytown/Sleepy Hollow

OPENING DAY: MAY 24th
Saturdays
8:30 am-1:00 pm


New Rochelle

OPENING DAY: JUNE 20th
Fridays
8:30 am-2:30 pm


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
Piermont

Piermont welcomes back Ed Packer and his Irish root music – with Bob Dylan influences, too – back to the market for the first time this season. Being right on the river means a lot to him, and we hope to hear songs from his new release of “The River’s Journey,” inspired by the Hudson.

Visit the Down to Earth Markets Calendar for full details.

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

Introducing Collaboration: Down to Earth Markets & Good Food Jobs
align-what-you-do-with-who-you-are
Words of Wisdom by Good Food Jobs

Work is love made visible. – Kahlil Gibran, The Prophet
A gathering chorus of voices is calling for “sustainable” food. The word points towards a fundamental shift in the way we do things, but it’s tough for one word to shoulder it all. It’s a feeling in our gut: Our food – that which nourishes us – could be better. Collectively, we’re creating demand for food produced in a way that replenishes our resources, rather than exhausts them. And as Taylor Cocalis, co-founder of Good Food Jobs, recently wrote to owners of small farms and food companies, “Human resources are the most important resources you have.”

Guided by the idea of sustainability in all aspects of food – including work — Down to Earth Markets is delighted to announce a new collaboration with Good Food Jobs, the website where job seekers go “to satisfy the hunger for meaningful work.”

Now farmers and food makers who sell at Down to Earth Markets can post their job listings on Good Food Jobs at a deeply discounted rate. In turn, the job listings (often for weekend help at the markets) are viewed by thousands of potential workers who are passionate about better food.

Doug Ornstein, Assistant Operations Manager at Down to Earth Markets and the catalyst behind the collaboration, came up with the idea while vetting applications for market managers this season. “There are so many smart, passionate, and talented people who want to work in sustainable food that I thought our vendors should work with some of them, too,” he explained.

“I believe that the crucial next step in fixing the broken food system is to create a different kind of food economy – one with meaningful jobs,” he elaborated, “If waves of people start working in good food that will instigate the kind of change in food that we’re looking for.”

Dorothy Williams-Neagle, co-founder of Good Food Jobs, spoke along these lines as well, “We know that the farmers market is a hotbed of folks who are transforming our food system for the better. We wanted to provide an opportunity for them to spread the word about their job openings more affordably and effectively. For us, it was as simple connecting the resources we are able to provide to the needs of those vendors whose work we support wholeheartedly.”

With Good Food Jobs, Taylor and Dorothy make the path by walking on the topic of sustainable food and work. They stirred debate earlier this year with an announcement that they would no longer post unpaid internships on their site. In explaining their decision, they said that money isn’t the only kind of compensation needed for work. Rather, employers could offer room and board, products, or other items as compensation. They opened the conversation about the value of work.

Taylor has since noted that some small business owners replied, “But what if we can’t afford to pay someone in this position now?”

She responded, “A paid employee [not just by money] that you can retain for years will become a far more valuable asset than a revolving door of interns.” She went on to say that if work is consistently done without compensation of any kind, then there is a fundamental flaw in the company business plan.

We 100% agree with this view of sustainability in work. Down to Earth Markets is a small business that believes in order to have sustainable food, we have to have sustainable businesses. We have five full-time employees and two part-time employees who support approximately 15 market managers and 100 vendors. We can create livelihoods in this work. With this collaboration with Good Food Jobs, that is exactly what we’re setting out to do.

We’d love to hear your feedback on this. Reply to this email and let us know your thoughts on the topic of work and sustainable food. And if you stroll the market and think, “it should be nice to work here,” just click on this link to see if there’s an opportunity with your favorite vendor. Thank you for shopping at Down to Earth Farmers Markets this weekend.

U.S. pending home sales jump, end losing streak | Cross River Real Estate

 

Contracts to buy previously owned U.S. homes rose in March for the first time in nine months, in the latest sign the housing market was stabilizing after a recent wobble.

The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 3.4 percent to 97.4. The increase beat economists’ expectations for a 1.0 percent advance.

These contracts become sales after a month or two, and March’s rise suggested home resales could rebound in the months ahead after stumbling last summer following a run-up in mortgage interest rates.

“After a dismal winter, more buyers got an opportunity to look at homes last month and are beginning to make contract offers,” said Lawrence Yun, the NAR’s chief economist.

“Sales activity is expected to steadily pick up as more inventory reaches the market, and from ongoing job creation in the economy.”

Existing home sales in March fell to their lowest level in more than 1-1/2 years, but details of the report suggested the downward trend in sales had probably run its course, with housing inventory rising and more first-time buyers coming into the market.

 

 

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http://finance.yahoo.com/news/u-pending-home-sales-jump-140000344.html

Glass Home With Dramatic View of the Rockies Asks $4.25M | Cross River Real Estate

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Location: Boulder, Colo. Price: $4,250,000 The Skinny: Overlooking the city of Boulder from its perch at the feet of the Rocky Mountains, this glass-and-steel home is perfectly situated to take in 360 degrees of mountain and city views. Designed by AIA award winner Thomas Phifer (who is perhaps best known for his work on the North Carolina Museum of Art), the Boulder House is another winning iteration of his exciting approach to residential architecture. The front of the house is a 35-foot-high wall of glass addressing the city, the back is partially built into the hill and offers wilderness and mountain views, and the uppermost level combines both vistas in an all-encompassing scenic panorama. The stunning light-filled interior features a ground floor art gallery with open space that soars to the upper reaches of the home, where an operable 15-by-12-foot skylight sits atop the roof, while the rest of the house, including the two bedrooms and three bathrooms, has 11-foot ceilings. The home, which is asking $4.25M, becomes the second Phifer design to hit the market in recent years, with his Taghkanic House currently listed for $6.75M

 

http://curbed.com/archives/2013/12/23/glass-home-with-dramatic-view-of-the-rockies-asks-425m.php