Tag Archives: Mt Kisco Homes

NBA’s Paul Pierce nabs $35K per month Franklin Tower pad | Mt Kisco Real Estate

Paul Pierce and Franklin Tower

Paul Pierce and Franklin Tower at 90 Franklin Street

NBA All-Star Paul Pierce has moved into a full-floor Tribeca loft at the Franklin Tower. The Boston Celtics legend, who jumped this year to the Brooklyn Nets, will move into a 5,000-square-foot home at 90 Franklin Street that was on the rental market asking $35,000 per month.

Pierce’s pad was listed with CORE Group’s Oliver Brown, who declined to comment to the New York Post, which first reported the story. The apartment has four bedrooms and 28 windows and includes a wood-burning fireplace, according to the listing.

The 18-story building is also home to Mariah Carey, who owns the penthouse, the Post said. [NYP, 1st item]  – Hiten Samtani

 

 

 

http://therealdeal.com/blog/2013/10/17/nbas-paul-pierce-nabs-35k-per-month-franklin-tower-pad/

All Together Now: Tackle Home Projects With a DIY Co-op | Mt Kisco Real Estate

y sister Torey just moved. She and her husband are completely renovating their new house. They have accomplished so much in just a couple months, but the remaining to-do list is long. The underlying disorder is sending my Naturally Organized sister into a tailspin. My house is only a couple of years old, but I’m still working to make it home, so I have a list of things to do too.
Last week Torey mentioned she really needed to paint her front door. I intended to paint my back doors as soon as the weather cleared. “We should work together!” she said. And just like that, our DIY co-op was born. We’ve been in business a week, and both of us have crossed a task we were dreading off our list — and we’re looking forward to crossing off more.
Does this sound like a dream come true? Setting up your own DIY co-op may not be as simple as a quick phone call to your sister, but it may be easier than you think. When considering a possible DIY co-op partner, ask yourself a few things.
Is the candidate:
• Committed? You need someone who is going to show up when she says she will. Many of us have at least one of those friends — we love her to death — but our plans with her always have an imaginary asterisk beside them. If your friend isn’t reliable, no matter how wonderful and talented she is, forget about it. No flaky friends allowed.
Fun to be with? When you are tackling arduous projects, it’s incredibly draining. Being able to laugh with another person can be a lifesaver. Lacking a sense of humor may not be a deal breaker for you, but it is for me.

traditional kitchen by Crisp Architects

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Does the candidate:
Have projects? Obviously a co-op needs to be mutually beneficial. If you have a friend who’s rude enough to have her home perfectly up-to-date and beautifully in order, don’t bother asking her to be your DIY co-op partner.
Have equal or complementary skills, goals and energy levels? This simply means you want and are capable of achieving the same things. Torey and I aren’t DIY wonders, but we can paint and organize and clean. She’s Naturally Organized and I am not, and we each have areas where we shine and those where the fetal position seems our only option. As far as our goals go, we both want to have clean and organized homes that are havens for our family and friends. We want to create lovely environments where you feel good just walking through the door. Our differences bring more to the table, and our similarities keep us there. And our energy levels are close enough that we’re able to work together.
Once you’ve found your DIY co-op partner, you need to schedule work times. Be sure to limit them to one house a day. Because of the flexibility in our schedules, Torey and I have settled on Monday mornings at her house and Wednesday mornings at mine. If you work at a job full time, you may want to work in the evenings or on weekends, and only one DIY day a week may be best. You can decide what works for you.
traditional garage and shed by Flow Wall System

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Establish the Ground Rules
These may evolve, but talk a few things through in the beginning, and as with your schedule, adjust as you go. This is what Torey and I have agreed to:
1. The helper hauls the junk away. A big project will be tiring for both of you, but when it’s your house, the exhaustion is on a whole ‘nother level, and dealing with a pile of trash bags or Goodwill boxes may be the final straw. And out of sight is out of mind.
On our first workday, we sorted through the many boxes of Torey and David’s books. David decided to go digital with everything except art books. We sorted box by box into “keep,” “donate” and “sell” piles. I bagged everything up and loaded it all into my van. That evening David remembered an expensive philosophy book he wanted to hold on to, but that was it.

Mt. Kisco’s Rocky Hills Garden Open For Viewing | Mt Kisco Real Estate

Come stroll through Rocky Hills — The Garden of William and Henriette Suhr from noon to 4 p.m. Oct. 19. Photo Credit: Chelsea Pomales/Garden Design magazine.

 

 

The Garden Conservancy’s new “Open Days” program will include Rocky Hills — The Mt. Kisco garden of William and Henriette Suhr.

The garden will be open from noon to 4 p.m. Oct. 19. for the event. Rocky Hills, 95 Old Roaring Brook Road in Mt. Kisco, was started about 50 years ago and planting continues to this day. It features mature specimens of black walnut and ash, complemented by recent additions of weeping beech, dawn redwood, stewartia, dogwood and an impressive collection of magnolia and conifers.

Tree peonies and an extensive planting of rhododendrons and azaleas compete for attention with the carpet of bulbs throughout the 13 acres.

One can stroll along the hillside meadow and explore the ever-expanding rock garden, as well as the hills and terraces, walls and paths, fern woodlands, self-sown primula and natural brook that serves as the heart of the garden.

Working in partnership with individual garden owners, as well as public and private organizations, the conservancy provides horticultural, technical, management, and financial expertise to sustain these fragile treasures. It helps ensure long-term stewardship of these natural assets, which are essential to the aesthetic and cultural life of our communities. For more information, click here.

 

 

 

 

http://mtkisco.dailyvoice.com/lifestyle/mt-kiscos-rocky-hills-garden-open-viewing

California home sales to rise with inventory in 2014 | Mt Kisco Real Estate

After declining this year, home sales in California will rise in 2014 along with inventory, according to a forecast released today from the California Association of Realtors.

The trade group anticipates existing, single-family home sales in the Golden State will rise 3.2 percent next year, to 444,000, after a 2.1 percent decrease this year. California’s median home price is set to rise 28 percent this year, to $408,600, and is expected to increase an additional 6 percent next year to $432,800.

“We’ve seen a marked improvement in housing market conditions in a year with the distressed market shrinking from 1 in 3 sales a year ago to less than 1 in 5 in recent months, thanks primarily to sharp gains in home prices,” said CAR Vice President and Chief Economist Leslie Appleton-Young in a statement.

“As the market continues to improve, more previously underwater homeowners will look toward selling, making housing inventory less scarce in 2014. As a result of these factors, we’ll see home price increases moderate from the double-digit increases we saw for much of this year to mid-single digits in most of the state.”

“The wildcards for 2014 include federal, fiscal, monetary and housing policies — such as the mortgage interest deduction and mortgage finance reform — as well as housing supply and the actions of the Federal Reserve, which will ensure a higher rate environment,” she added.

The trade group projects 30-year fixed mortgage interest rates to rise to an average 5.3 percent in 2014.

 

 

 

 

– See more at: http://www.inman.com/wire/california-home-sales-to-rise-with-inventory-in-2014/#sthash.6wBKBOmo.dpuf

Mount Kisco To Auction Surplus Abandoned Boats | Mt Kisco Homes

Mount Kisco is holding a public auction for surplus abandoned boats later this month.

The Village of Mount Kisco will open sealed bids at 10 a.m. Oct. 25 at the Frank J. DiMicco, Sr. Board Room in the Mount Kisco Village Hall, according to a notice from the village. The auction will include “surplus abandoned boats from Byram Lake,” according to the notice. Marinas are exclusive recreational facilities built to provide docking, loading and other provisions needed for water transport. Individuals as well as a group of people own them. They may be constructed in inland streams, lakes or other bodies of water. Boating marinas may be seasonal or permanent. Seasonal marinas are usually simple structures built over the water as small docks, boat hoist, ramps or rafts that can accommodate water vehicles. These temporary structures are removed once the boating season is over. Seasonal marinas are found in places that have mostly pleasant weather but do experience inclement weather as well. Several marinas located on the northern five lakes and rivers like St. Lawrence and the upper reaches of the Mississippi are seasonal. Permanent marinas may be wharves, docks, jetties and pier. They accommodate water vehicles throughout the year. Southern water bodies of the United State have permanent marinas. A single boating marina can provide docking for about 60-75 vehicles. Each vehicle occupies a berth. Charges are paid according to the number of hours occupied. Besides renting charges, there can be additional fees for storage, etc. You can check over here about merritt products.

Facilities available in marinas include gas stations, pump houses, restaurants, bars and restrooms. Other weather-related marine supplies, clothes, special gear, etc. are also available. In addition, marinas provide mechanics and other repair necessities. Marinas are found everywhere in the United States. However, the marina at Monte Carlo is considered one of the most luxurious and also the most expensive in the world. Washington, California, Oregon and Florida also boast of world-famous marinas that dot their beaches. Rents vary largely depending on the popularity of the marina. Marinas charge their tenants on a per-meter basis, i.e. according to the number of meters the boat occupies when docked. Most marinas give discounts for groups and seasonal renters. Boats may be inspected at the Village’s Department of Public Works at 43 Columbus Ave. in Mount Kisco, according to the release.

If you like offshore sport fishing and boating then you’ve most likely seen Lowrance electronic products. They are actually a leader in manufacturing GPS, Sonar, depth finders, chartplotters and fishfinders. Lowrance marine has most definitely become one of the best recognized brands in marine electronics among commercial fishermen and boating enthusiasts of all types because of the wide selection of devices they supply.

Having lived for years around the Jersey Shore, I have spent many hours on the ocean and bays. In those times, locating fish was more chance than skill on any day. However these days that has all changed.

If you enjoy fishing, you would be interested in Lowrance marine fish finders. They are equipped with dual frequency sonar, 480 X 480 resolution, up to 2500 feet depth penetration, and other advanced capabilities. Fish Finders are also available in the large screen monochrome monitors. Lets face it, if you wish to “hook” the bigger ones, you have to be able to find them first. The new fishfinder and combo units do a great job. The popular fishing and boating kits can be found in quite a number of sizes, prices and colors matching distinctive requirements. These days you will see fishfinders and combo units on anything from huge fishing trawlers to small bass boats.

What I really enjoy when sailing even in the bays and rivers is the Marine GPS. Marine GPS is easily one of the most common GPS types and Lowrance Marine GPS is at the top of the list. The Lowrance GPS antenna is built-in on most of the GPS enabled systems so installation and use is effortless. Many a time I had to offer up excuses for being late for dinner because I sailed too far. My kids cannot get away with that today because they always know precisely where they are. Those interested in further information, including a listing of the boats, are asked to email Joe Cerretani at jcerretani@mountkisco.org.

“All boats will be sold ‘as is,’ with absolutely no implied or stated warranties or guarantees whatsoever,” representatives said in the notice. “Village management reserves the right to award the bid(s) to the highest responsible bidder(s).  Bid forms are now available in the Manager’s Office at Village Hall.”

http://mtkisco.dailyvoice.com/events/mount-kisco-auction-surplus-abandoned-boats

Everyone agrees: Even higher rates won’t impact affordability | Mt Kisco Real Estate

A panel of esteemed housing experts speaking at the ABS East 2013 conference underway in Miami disagreed on Robert Shiller’s recent call that U.S. housing is in a bubble.

Moderator Howard Esaki, managing director at Standard & Poor’s, who himself puts out regular morning emails encapsulating finance news, played a video on Bloomberg of Shiller talking of a housing bubble.

Shiller co-developed the S&P/Case-Shiller Composite-10 Home Price Index and actually said housing was looking bubbly. His words were later moderated in a column in the New York Times.

The panel elaborated on whether or not U.S. housing is actually in a bubble. No one believes it is.

Mark Fleming, chief economist of CoreLogic, said price appreciation is slowing down, and is only correcting for an overshoot in price collapse. He didn’t think it would return to the inflated pricing before the housing bust.

“We are certainly not in a housing bubble,” said Laurie Goodman who heads up a housing thinktank at the Urban Institute. Both Goodman and Fleming said housing could absorb higher interest rates and remain attractive. Goodman posited that even with a 6% interest rate, affordability would remain at 2000-2003 levels, which were pretty stable compared to 2006-2007.

“I don’t see interest rates going to 6% any time soon,” she added.

Esaki then addressed the crowd at ABS East, where attendance is at a record high (3,500+) with an estimated 1,000 investors, according to data released by organizer Information Management Network.

Esaki asked for a show of hands: “Do you think there is a housing bubble?”

Not a single hand went up.

Later an audience member pointed out that “no one raised their hand, so maybe we are.” The devil’s advocate then sat back down and the panel moved on to talk about the slim chance of near-term GSE reform.

 

 

http://www.housingwire.com/articles/27270-abs-east-panel-says-shiller-wrong-on-housing-bubble-call

 

Bon Jovi’s Penthouse Stops Living on a Prayer, Cuts Price | Mt Kisco Real Estate

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It’s lonely at the top of 158 Mercer Street, and perhaps that’s why Jon Bon Jovihas been trying to unload his penthouse there since earlier this year. He paid $24 million for it in 2007 and re-listed it for $42 million after a renovation. His dream sale price was rumored to be $45M, but that’s now far out of reach—he has just cut the price to $39.9 million. That’s just the price of love.

The place is a 5BR, 5.5BA duplex, with three landscaped terraces, 11-foot ceilings, a private screening room, and arched windows.

 

 

http://ny.curbed.com/archives/2013/09/10/bon_jovis_penthouse_stops_living_on_a_prayer_cuts_price.php

 

Dutch Colonial on Lake Minnetonka Listed for $5.75M | Mt Kisco Real Estate

Location: Shorewood, Minn. Price: $5,750,000 The Skinny: This 8,650-square-foot Dutch Colonial, which comes with a 1,450-square-foot carriage house, was originally constructed in 1906 for Edmund Longyear, the founder of mineral drilling company Boart Longyear who owned  90 acres of land on Lake Minnetonka. Later, the estate became the summer home of George Nelson Dayton, son of George Draper Dayton—founder of Dayton’s Dry Goods Store, which later became the Target corporation—and grandfather of current Minnesota Governor Mark Dayton. The Daytons developed the land into a working farm called Boulder Bridge Farm. In 1976, a real estate developer who had grown up across the street from the farm bought the property and began converting it into 44 homesites. He kept the impressive Longyear House and the surrounding four acres, for himself and his family, though, restoring parts and enhancing others—they expanded the kitchen, added a pool and hot tub, enclosed a porch to create the formal dining room, and installed a movie theatre. Now, with the kids all grown up and moved out, they’ve put the four-acre estate on the market for $5.75M.

Tour the Haunting Interiors of a Silent, Abandoned Mall | Mt Kisco Real Estate

Vacant, decaying spaces are something of an obsession to photographers, who have cast their lenses on everything from abandoned theaters and churches to empty asylums and Lithuanian discos. Shopping malls join this crowd thanks to the work of Dan Wampler, who photographed the interiors of St. Louis’ Crestwood Court mall after it closed in July after more than 56 years in business. Wampler, who calls himself a digital artist rather than a photographer, used HDR to create “a look ranging from 3D to surreal,” he writes on the project page, accentuating a corridor’s angular architecture or a stairway’s sherbet-hued tilework. While “the management company has maintained the mall quite well,” he explains, his images “may be the last opportunity anyone will have to see the inside for some time.” Meaning, of course, that this mall, unlike an abandoned mall in Providence, won’t be turned into a series of micro homes.

Another 8.3 Million Underwater Homeowners on Track to Resurface Before 2015 | Mt Kisco Real Estate

While 10.7 million residential homeowners nationwide owe at least 25 percent or more on their mortgages than their properties are worth, another 8.3 million homeowners are either slightly underwater or slightly above water, putting them on track to have enough equity to sell sometime in the next 15 months — without resorting to a short sale.

The 8.3 million include homeowners with a loan to value (LTV) ratio from 90 to 110 percent, meaning they have between 10 percent positive equity and 10 percent negative equity. These homeowners represented 18 percent of all U.S. homeowners with a mortgage as of the beginning of September.

The 10.7 million residential properties with an LTV ratio of at least 125 percent represented 23 percent of U.S. residential properties with a mortgage — down from 11.3 million deeply underwater properties representing 26 percent of all residential properties with a mortgage in May 2013 and down from 12.5 million deeply underwater properties representing 28 percent of all residential properties with a mortgage in September 2012.

“Steadily rising home prices are lifting all boats in this housing market and should spill over into more inventory of homes for sale in the coming months,” said Daren Blomquist, vice president at RealtyTrac. “Homeowners who already have ample equity are quickly building on that equity, while the 8.3 million homeowners on the fence with little or no equity are on track to regain enough equity to sell before 2015 if home prices continue to increase at the rate of 1.33 percent per month that they have since bottoming out in March 2012.”

“In addition, nearly one in four homeowners in foreclosure has at least some equity, giving them a better chance to avoid foreclosure without resorting to a short sale — assuming they realize they have equity and don’t miss the opportunity to leverage that equity,” Blomquist added. “Even homeowners deeply underwater have reason for hope, with about 150,000 each month rising past the 25 percent negative equity milestone — although it will certainly take years rather than months before most of those homeowners have enough equity to sell other than via short sale.”

Other high-level findings from the report:

More than 126,000 properties in the foreclosure process nationwide had an LTV of 100 percent or lower in September, representing 24 percent of all homes in the foreclosure process. States with the highest percentage of foreclosures with equity included Oklahoma (54 percent), Hawaii (51 percent), New York (47 percent), and Texas (46 percent).

 

 

http://www.realestateeconomywatch.com/2013/09/another-83-million-homeowners-on-track-to-resurface-before-2015/