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Westchester NY

Ryan Reynolds and Blake Lively Buy Country Spread Just Outside New York for $5.7 million | Pound Ridge Homes

Ryan Reynolds and Blake Livelymore big

The happily-married hot celebrity couple, Ryan Reynolds and Blake Lively has reportedly dropped $5.7 million on a residence in the Westchester County town of Pound Ridge, New York. (Photo : Reuters)

The happily-married hot celebrity couple, Ryan Reynolds and Blake Lively, has reportedly dropped $5.7 million on a residence in the Westchester County town of Pound Ridge, New York.

According to the Real Estalker, the couple had closed the deal on the property sometime back in November 2012, but kept it private just as they had kept their wedding in September.

“Blake was trying to decide between getting married in her new home in New York or in Charleston. She chose Charleston because we could keep it secret, quiet and a private affair for her,” Tara Guérard, their wedding planner told Life & Style at the Martha Stewart Weddings Annual Bridal Market Party. Apparently, they also used a lot of code names to do a lot of things, reports Life & Style Magazine.

The Real Estalker tried searching for some “meaty” property records but could only lay hands on some less interesting stuff. The couple bought the estate under a trust that Reynolds used to purchase his Bedford, New York and Los Angeles homes. Currently, the home is under renovation. However, the original colonial-style residence spans an area of 8892 square feet and  has 21 rooms including seven bedrooms seven/six bathrooms, all sitting on 12 large acres of land. A detached barn and a sweeping driveway are also a part of the property.

Currently, any active listing could not be found on the estate. An eyewitness reportedly saw the couple’s car moving in and out of the property many a times. The witness also saw trucks hauling loads of furniture to the residence.

Well! Nothing can be known until they want it to be known. Recently, Lively opened up about how she and Reynolds chose the Bedford home in an interview with Elle décor. The former “Gossip Girl” star said that the location of the home and the kitchen was why they liked the place a lot. Lively loves to cook and therefore having a comfy kitchen was one of the first things in her mind.

“Since my kitchen is the most important part of my home, I want to be creative and innovative, not only in its aesthetic, but also in the tools that I’m using to cook,” she explains in the interview.

 

 

http://www.realtytoday.com/articles

 

Cicadas set to overrun Hudson Valley | Bedford Hills NY Homes

Billions of cicadas lurking underground in the Hudson Valley and along the East Coast are awaiting their cue: when ground temperature reaches exactly 64 degrees.

Only then will the inch-long creatures crawl out of the burrows they have lived in for 17 years, climb trees and begin several weeks of riotous mating calls, sex, parenthood and finally death. Then the insects’ offspring will crawl underground to begin the cycle over again.

In the Hudson Valley, showtime could come within days as the air temperature climbs and the earth warms.

Scientists say the cicadas with bulging red eyes will outnumber people from North Carolina to Connecticut by about 600-to-1 and that the males’ mating calls will be as loud as a rock concert.

In 2004, Gene Kritsky, an entomologist at the College of Mount St. Joseph in Cincinnati, measured cicadas at 94 decibels, saying it was so loud “you don’t hear planes flying overhead.”

Cicadas come out every year in different regions around the world, but the variety about to make their entrance along the East Coast are different. They’re called magicicadas — as in magic — and are red-eyed. Magicicadas are found exclusively in the eastern half of the United States.

There are 15 U.S. broods that emerge every 13 or 17 years, so that nearly every year some place is overrun. Last year it was a small area, mostly around the Blue Ridge Mountains of VirginiaWest Virginia and Tennessee. Next year, two places get hit: Iowa into Illinois and Missouri; and Louisiana and Mississippi. Still, it’s possible to live in these locations and actually never see them.

This year’s invasion is one of the bigger ones. Several experts say that they really don’t have a handle on how many cicadas are lurking underground but that 30 billion seems like a good estimate. At the Smithsonian Institution, researcher Gary Hevel thinks it may be more like 1 trillion.

Even if it’s merely 30 billion, if they were lined up head to tail, they’d reach the moon and back.

This year’s invasion, dubbed Brood II by scientists, is expected to cover large swaths of the Hudson Valley, according to Daniel Gilrein, an entomologist with Cornell Cooperative Extension of Suffolk County. Nature lovers, he said, should plan expeditions in late May and early June to see the insects at work.

 

http://newyork.newsday.com/news

 

Hot Seattle residential real estate called ‘surge market’ | Bedford NY Real Estate

When Dolly Lenz, called the queen of U.S. real estate, speaks, people listen. And that’s what a select group of John L. Scott Real Estate high-end luxury real estate agents did when Lenz and real estate appraiser and consultant Alan Pope ofAlan L. Pope and Associates spoke at a recent breakfast put on by John L. Scott for their top sellers.

As vice chairman of Prudential Douglas Elliman in New York City, Lenz has sold more than $7 billion in real estate, more than double the next top agent in the country. This was her first time in Seattle. She loved it and spoke of increasing opportunities in the real estate market.

Pope says the market in our metro area is up 15 percent and that he is seeing the same kind of buying frenzy that he saw six years ago.

“Yes, it has been a fabulous recovery in the housing market,” says Lennox Scott, chairman and CEO of John L .Scott Real Estate. “I saw it formulating 18 months ago. The confidence of local homebuyers has come back strong,” he says.

Scott says sales for his company are up 25 percent in the last 18 months and called the sales activity “a strong to surge market. The last four months has definitely been a surge,” he says, “fueled by the fact that there is such a strong economy with historically low interest rates.”

The Seattle area is one of the top markets in the nation, with strong job growth. Scott points to a shortage of housing inventory on both the West and East coasts. “And in our area there’s a one- to two-month supply of homes available. A healthy market is 5-6 months of inventory.”

 

 

http://www.bizjournals.com/seattle

Calgary’s country residential real estate market set to take off | Pound Ridge Real Estate

A longer winter season in the Calgary area has had an impact on sales in the country residential market but with the weather warming up it’s expected that sector will see an uptick in activity similar to what’s happening in the city and in surrounding towns.

“As the snow has melted and access to rural properties becomes an easier venture, buyers are becoming more motivated to purchase within the rural markets,” said Mark Evernden, with Sotheby’s International Realty Canada in Calgary. “As well as warm weather, a strong and growing economy accompanied by low interest rates also make home buyers eager and able to obtain homes.”

According to the Calgary Real Estate Board, year-to-date until the end of April, there have been 263 MLS sales in the ‘country residential’ market which includes acreages. That’s down 2.95 per cent compared with the same period a year ago. However, the average sale price has increased by 2.64 per cent to $823,253. New listings are off by 1.20 per cent to 991.

Evernden said the country residential market is now in full swing of activity.

“It is seasonal. The longer winter does impact the sales and volume as we are seeing. From a marketing position, the green pastures and rolling hills with colour give it that extra appeal to the consumer with digital and print marketing that goes out. No different than terrible rain seasons and gloomy days in the tropics,” he said, adding that there will now be an increase in viewings driven by the better weather, strong economy and migration of high net worth clients to the area.

Read more: http://www.calgaryherald.com/Calgary+country+residential+real+estate+market+take/8347802/story.html#ixzz2Sd9SPf18

Lewisboro NY Parks and Preserves | Lewisboro NY Real Estate

Lewisboro is rich in natural areas and is a component of the biotic corridor. Two Westchester County Parks are on Lewisboro’s borders, and there are 6 town parks and several community preserves.

Ward Pound Ridge Reservation is Westchester County’s largest (4,700 acre) park. In addition to many trails, there are camping facilities and a Trailside Museum. The main entrance is on route 121 in Cross River.

Mountain Lakes Camp is a County park on the northern border of Lewisboro, with beautiful ponds and trails in the forest. The most popular trail leads to Look Out Point which is perched on top of a cliff overlooking Lake Waccabuc,Lake Oscaleta and Lake Rippowam.


Onatru Farm on Elmwood Road is one of Lewisboro’s preëminent parks and includes tennis facilities and playing fields as well as some town offices. This area also includes some walking trails.

The Lewisboro Town Park on Route 35 contains tennis courts, the town pool, ball fields, and outdoor basketball courts. When ice skating is available in winter, a sign is posted. There are also some walking trails in this park that connect to the adjacent Ward Pound Ridge Reservation.

The Leon Levy Preserve was acquired by the town in 2006 as open space. While some trails exist in this 370-acre (1.5 km2) parcel, as of 2008 additional horse and hiking trails are under development and parking is still limited.

The Brownell Preserve is 118 acres (0.48 km2) of forested land given to the town. It has a 2-mile (3.2 km) trail that loops past an overlook of Lake Katonah.

The Old Field Preserve was obtained in 2003, and contains about 100 acres (0.40 km2) of woods, wetlands, and sizable old fields (thus, the name). The meadows will be preserved to support the birds and animals that are dependent upon this increasingly rare habitat.

Fox Valley Park has a variety of sports facilities for the town, including very busy soccer fields, ball fields, and tennis courts.
See Walking Wild Lewisboro for information on park facilities and trail maps.

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Public Hearing For New Katonah-Lewisboro Teacher’s Contract | Katonah NY Real Estate

LEWISBORO — The Katonah-Lewisboro District Teachers’ Association has ratified an agreement on a new two-year contract with the school district to replace the contract expiring at the end of the current school year.

The school board will hold a public forum on the agreement on Jan. 6 before voting on whether to approve it on Jan. 13. The agreement covers the 2011-12 and 2012-13 school years and includes very low raises for teachers.

Board of Education President Michael Gordon said the board’s goal has been to reach a fiscally responsible budget that preserves programming.

“Since so much of our budget is devoted to personnel expenses, obviously what we pay to our teachers and provide them in benefits is a significant issue,” he said.

In the first year the contract agreement calls for a 1 percent raise that is deferred to Feb. 1, 2012. Salary adjustments for education credits are also deferred until February. Teachers will also take a half-day furlough when school is not in regular session. The union will contribute to the cost of a $10,000 retirement incentive.

In the second year, a 1 percent salary increase will take effect at the beginning of the school year and another 1 percent increase on Feb. 1. Teachers will have to take a one-day furlough and contribute 13 percent to health insurance premiums, up from 11 percent.

LoHud Article

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Armonk NY Real Estate Report | RobReportBlog | January 2011

Armonk NY real estate was UP 34% in 2010 compared to 2009. Very good news. The Armonk NY median price dropped 6.37% to $955,000. Sellers understand there is a lot of competition to sell and need to price accordingly.

 

2010 Armonk Sales Numbers

82 sold

3664 average square feet

$4,000,000 high price

$460,000 low price

$955,000 Median price

$337 average price per foot

215 average days on market

92.95% average sold to ask price

 

2009 Armonk Sales Numbers

61 sold

3906 average square feet

$5,100,000 high price

$425,000 low price

$1,020,000 Median price

$338 average price per foot

190 average days on market

91.56% average sold to ask price

 

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Dr. Doom Economist Buys Manhattan Real Estate. A Vote Of Confidence? | Pound Ridge Real Estate

Economist and NYU professor Nouriel Roubini became an international star with his bold predictions—seen as outlandish at the time—on the path of the world economy. By 2006 he was saying that a huge housing bust and other factors would soon lead to a deep recession, and we all know how that turned out. But this housing bear also loves to party, so he’s suddenly feeling bullish on luxury Manhattan real estate. Bloomberg reports that Roubini is the mystery buyer of the incredible triplex penthouse at 6 East 1st Street in the East Village, formerly the neighborhood’s priciest listing. He paid $5.5 million for the 3,700-square-foot loft, which was last asking $5.995 million, and was once priced at $7.35 million. Maybe he was talking trash about housing as a negotiating ploy?

The details, the floorplan. >>

The penthouse has 13′ ceilings, two big terraces, a walnut wet bar and enough entertaining space to host a G8 summit. Or a bunch of models. Whatevs. The Halstead listing is already gone, but the details live on over on StreetEasy. Stay in school, kids, and maybe one day you’ll have a cantilevered steel staircase connecting all the floors of your downtown party palace

Dr Doom Article

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Manhattan Luxury Market Picks Up. Good News for Katonah Market | Katonah NY Real Estate

Manhattan Real Estate Market Continues Steady Growth, as Luxury Sales Perk Up

The 2010 real estate market in Manhattan will be remembered for slow but steady growth, with luxury sales of $3 million and up finally making a strong return in the final months of the year, according to fourth-quarter market reports to be released on Tuesday.

The steadiness in the market was welcome news for brokers who had spent at least part of last year concerned about a possible double dip in prices.

The median fourth-quarter sales prices, in separate reports compiled by the city’s biggest brokerages and by the real estate Web site Streeteasy.com, ranged from $825,000 to $845,000. Those prices represent increases of 3 percent to 11 percent from the same period in 2009. But average sales prices, which were more affected by the increase in higher-end sales, ranged from $1.37 million to $1.48 million, as much as 14.4 percent higher than last year’s prices.

The prices are still far from the peak of the market in 2008, when the median was close to $1 million and the average over $1.7 million, but they are also up from the bottom of the market, in mid- to late 2009, when the median hovered around $800,000 and the average dipped below $1.3 million.

“The year started out strong and remained really solid, despite some slight bumps along the way,” said Diane M. Ramirez, the president of Halstead Property. In 2009 and early 2010, homebuyer tax credits pushed up sales of studios and one-bedroom apartments. Overall volume slowed significantly during the summer, only to return to more typical levels later in the year.

“Now things are selling across the board at all price points,” Ms. Ramirez said, “and we’re finally seeing a more normal market.”

NY Times Article

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Housing Flipping Dead For 2011 | Mt Kisco Luxury Real Estate

We keep hearing about what’s popular in 2011 for home design — but how about what’s not? Builder Magazine writer Jenny Sullivan asked industry experts to weigh in on design fads that you won’t likely see in the new year. Here are some of the fading home trends experts mentioned:

1. Trophy space: Forget those two-story grand entrances. Builders are seeking more affordable, energy efficient design so they are getting rid of large, volume spaces in homes.

2. Just for show: Fancy, overdone rooms won’t cut it in the era of the practical, cash-strapped buyer. Lavish industrial-grade kitchen ranges or fancy master bath spa tubs– that are hardly even used anyway–will fall to the wayside. “The kitchen is once again becoming a working part of the home and not just a showcase,” architect Don Taylor of DW Taylor Associates in Ellicott City, Md., noted in the article. “It needs to provide all of the latest conveniences and technology, but with practical applications in mind. The faux commercial kitchen look may have reached its summit.”

3. Egocentric houses: It’s not just about the interior of a home that makes a home.

Buyers are caring more about its curb appeal and what’s nearby the home as well. Parks, amenities and neighborhood connections create a sense of community, said John M. Thatch, principal with Dahlin Group Architecture and Planning in Pleasanton, Calif. While most infill homes on the boards are 10-20 percent smaller in size, Thatch notes that buyers are willing to trade extra space for a more appealing neighborhood.

4. Home flipping: Gone is the trend of buying a “starter” home or a home for short-term investment. Buyers are now buying for keeps and it’s changing the way they view homes. “The idea of a home as a short-term money maker is essentially gone, so when people do buy they’ll do it with the intention of staying ten years instead of two or three,” says Jim Chittaro, president of Smykal Homes in Chicago. As such, he says buyers will care more about the design of the home and they won’t want it to feel cheap.

NAR Article

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