Our Newest Listing - Beautiful Home at 1 Knollwood Crest

Located on Knollwood Country Club grounds, superbly constructed luxury residence offers 9000 + square feet of gracious living. Set on over one acre, this stunning house offers a two story foyer, seven bedrooms, five and a half baths, which includes the first floor master bedroom suite, a large Gourmet kitchen, breakfast room with butlers pantry and ice maker, wine cooler, twelve seat theater room, fully equipped gym with sauna, full bath, heated salt water gunite pool with water fall and hot tub, fenced in basketball court, outdoor kitchen with pizza oven, large stone patio with outdoor TV for summer entertaining. 30 minutes to New York City. 

Article from: http://www.houlihanlawrence.com/property/34912752/1-knollwood-crest-elmsford-ny-10523 

6 Westchester Home- Staging Quick Hits

Local home-staging expert Marlene Gold offers up insider tips designed to put your home’s best square foot forward.

An accredited staging professional, certified interior decorator, and former PR exec in the home-furnishings industry, Larchmont’s Marlene Gold founded Gold Staging & Redesign in 2008. Since then, home staging—visually presenting a house to its best advantage—continues to be a critical real-estate marketing tool. Want to attract serious buyers this fall—or just spruce up the family home? Check out Gold’s expert advice. 

Refrain from staging in your own decorating style.

Professional stagers remove the sellers’ personality so that it doesn’t distract buyers from envisioning the home as their own. This should not be an opportunity to express your personal talent and style, explains Gold.

Consider a neutral color palette. Light grays, blues, and whites are current, says Gold, and will help buyers envision their own furniture in your house. Check out HomeGoods, Target, and Pier 1 for accessories, and IKEA and Home Depot for lighting fixtures with the look of upscale designers at discount prices. Gold also likes Overstock.com for well-priced designer bedding.

Refrain from putting tablecloths on dining-room or kitchen tables. The more shiny surfaces there are in a space to reflect the light, the brighter and more spacious it will appear, says Gold.  

Choose one or two large pieces of art for less visual clutter. And refrain from hanging art on an angle—too distracting, Gold explains—or covering every wall with lots of small pieces.

Invest time and energy on your home’s exterior. Curb appeal counts—many buyers will do a drive-by before scheduling the first appointment. 

Resist the urge to “decorate to sell.” You may think that by buying lots of new accessories and occasional furniture you will give the room the “wow” it needs but, says Gold, “You’re just trading clutter with too many distracting small things.” 

Article from: http://www.westchestermagazine.com/Westchester-Magazine/January-2015/6-Westchester-Home-Staging-Quick-Hits/

Almost a full recovery for the local housing market

The real estate market in the Lower Hudson Valley has nearly climbed out from under the dismal days of the 2008-2009 recession.

In Westchester, the median cost of a single-family home was up 4 percent last year, from $610,000 in 2013 to $635,000 in 2014. That's just 7 percent below the 2007 peak price of $685,000.

In Rockland, the median cost of a single-family home was $400,000, a 3.2 percent increase. The median in Putnam was $310,000, up 0.6 from 2013.

The numbers come from the annual report by the Hudson Gateway Association of Realtors, which was released Monday. The group encompasses Multiple Listing Service members in Westchester, Rockland, Putnam and Orange counties.


2014 Housing report

"It really depends on the geographic area — each county is different — but overall I think the region is making the climb out of the hole," said Leah Caro, president of the Hudson Gateway MLS and president of Bronxville Real Estate. "Westchester probably was the first to show signs of life, followed by Rockland, then Putnam. Orange County has been slower to respond. But all are starting to get their legs back."

Buy Photo

The luxury market in Westchester — $2 million and up — shot up 16 percent last year. This five bedroom waterfront home on Manursing Island in Rye is on the market for $9,250,000.(Photo: file Tania Savayan/The Journal News)

"We were very busy in the fourth quarter," she added. "The fourth quarter tends to be slow, because of the holidays and all. I think we'll see a very early spring market."

The condo and co-op market is also showing new signs of life, particularly in the fourth quarter, when the number of sales of condos rose 13.7 percent in Westchester and co-op sales shot up 24 percent. In Rockland, sales of condos during the quarter rose 27.6 percent.

The MLS group reported 14,169 residential closings (including condos and co-ops) in the four counties in 2014, the highest number for any year since the 2008-2009 recession and 1.1 percent more than in 2013.

Sellers' market?

Good news for Westchester sellers: The average number of days that a single-family house in Westchester sits on the market — 99 days for 2014 compared to 112 in 2013 — is close to the peak-market times of 2006 (95 days), according to the 4th Quarter Market Report by Houlihan Lawrence, the largest agency in the county. Further, sellers in the county are getting the closest to their asking price since 2005.

"I do think the pendulum is starting to swing" toward sellers, Caro said. "It's not a fierce swing that I see, which is good. You want a balance. No one wants to see another housing bubble."

Buy Photo

A view of the Gardens at Pretty Penny, actress Helen Hayes' former home in Nyack, May 13, 2011. Mark Bloom, of Bloom River Gardens in Oregon, has shipped dozens of one-or-a-kind conifer trees (pines, cypress, spruce, cedar etc) here in recent years. ( Tania Savayan / The Journal News )(Photo: Staff)

Traditionally, Rye has been one of the strongest real estate markets in Westchester, and the 2014 numbers reflect that. In the Rye school district, the median price for single-family homes shot up 23 percent last year, from $1.487 million to $1.835. And the median number of days homes sat on the market in Rye plummeted to a 10-year low of 70 in 2014, compared to 126 the previous year.

Interestingly, there was a 25 percent drop in the number of home sales in Rye, which Fiona Dogan, an agent with Julia B. Fee Sotheby's International Realty, attributes primarily to the decline in inventory of homes priced below $1 million.

"The median price increased due to the popularity of new construction and renovated homes in the $1.5 to $2.5 million range," Dogan said. "New and newer construction homes are still the most sought-after homes in the Rye city school district, and with over 40 new construction homes either planned or on the market in 2015-2016, this trend is certain to continue."

Luxury market up

Beyond Rye, the luxury market in Westchester — $2 million and up — had a huge surge at the end of the year, shooting up 28 percent in the fourth quarter vs. a year ago, according to the Houlihan Lawrence report. For the whole year, the luxury market was up 16 percent.

And the inventory of luxury homes in Westchester remains high, with a 25 percent year-over-year increase.

Fourth-quarter closings were strong across the board in all four counties, up 6.9 percent compared to the same period in 2013.

Year over year, the number of single-family homes sold in Westchester (5,394) dipped about 1 percent in 2014, from 5,442 in 2013. Rockland had a similar decline — 1,514 last year vs. 1,523 in 2013. But in Putnam they were up about 6 percent (719 to 763).

Top price for the year? That honor goes to Ron Howard, whose 32-acre property in Armonk and Greenwich went for $27.5 million, making it the highest residential home sale in Westchester history.


Article from: http://www.lohud.com/story/money/real-estate/lohud-real-estate/2015/01/12/lower-hudson-valley-housing-numbers/21649215/

Interesting Story For all the Millennials out there!! "Housing 2015: The return of first-time home buyers"


When it comes to the housing market, 2015 may be the year first-time home buyers make a comeback.

With rents rising faster than incomes, many Millennials are expected to start looking to buy homes of their own.What they will find are much more favorable conditions than they have seen in years, including lower down payment mortgages, looser lending standards and a bigger selection of homes to choose from.

Here are four housing market trends economists and other industry experts expect to see in the year ahead.

1. Looser lending standards

Conspicuously absent from the housing market over the past five years have been first-time home buyers.

But in early December, Fannie Mae and Freddie Mac put new lending guidelines in place and started offering 3% down payment mortgages that will make it easier for more first-time buyers to qualify for a mortgage.

Add to that a strengthening job market, and prospects look much brighter for young home buyers.

"It's already begun that Millennials are going back into the market," said Mark Zandi, chief economist for Moody's Analytics.

According to the Mortgage Bankers Association, sales of new homes are expected to climb by more than 13% in 2015, while existing home sales are expected to increase by 5%.

A spike in the number of first-time home buyers should spark a chain reaction by enabling existing homeowners to sell their homes and buy more expensive ones, said Zandi.

2. There will be more homes to choose from

Builders are ramping up production of smaller homes to accommodate these new entry-level buyers, said Stan Humphries, chief economist for Zillow.

Homebuilder D.R. Horton formed Express Homes, to build no-frills homes ranging in price from $120,000 to $150,000, about half the average price of the homes it normally builds. Other builders, like LGI Homes and KB Homes are also targeting first-time buyers.

3. Home prices will become more affordable

With so many new homes slated to come onto the market, the supply is expected to loosen up and take some pressure off of home prices. That should improve affordability in some of the more out-of-reach metro area markets like Washington, D.C., San Jose, Calif., and Seattle.

Related: 10 hottest housing markets for 2015

Plus, says Robert Shiller, the Nobel-Prize winning economist and co-founder of the S&P/Case-Shiller home price index, "home prices look somewhat expensive." In fact, he thinks a decline in home prices is a "distinct possibility."

Other economists expect to see small gains.

Jed Kolko expects increases, but only in low single-digit percentages because there will be fewer big institutional investors buying up properties and propping up prices.

4. Mortgage rates will move higher -- at some point

If there's any single market trend that real estate industry pros have gotten consistently wrong lately, it's the direction of mortgage rates. But most do expect rates to rise at some point in 2015.

Related: Getting a mortgage is about to get easier

In December, the Federal Reserve signaled that it would not raise the Federal Funds rate until the summer of 2015 or perhaps even later.

Keith Gumbinger of HSH.com, a mortgage information provider, expects mortgage rates to peak next year at about 4.75% for a 30-year fixed rate mortgage. He doesn't see rates rising much beyond 5%, which would still be "very favorable rate, historically."

Khater doesn't even expect rates to go that high. He predicts rates to top out at 4.5%, which should do little to affect buyers. An increase to 4.5% from the current 4% adds about $60 a month to mortgage payments on a loan with a principal balance of $200,000.

Good Article from NY Times about the migration of Brooklynites (Rivertowns)

Source: http://www.nytimes.com/2014/08/24/realestate/moving-out-of-brooklyn-because-of-high-prices.html?emc=eta1&_r=0


By many measures, Jeff Huston and his wife, Lisa Medvedik-Huston, arrived late to Williamsburg, Brooklyn. They weren’t among the first waves of artists and hipsters in the early-to-mid ’90s to cross the East River in search of cheaper, grittier confines. When they rented a spacious, duplex loft two blocks from the Bedford Avenue subway stop in 2007, they found a safe neighborhood already dotted with clothing boutiques and wine shops. The height of the real estate boom was approaching, and condos were rising along both the waterfront and McCarren Park.

Yet Brooklyn was still emerging from its postwar slump, and the borough felt new to many, including the young couple. It was five years before the first episode of “Girls” aired on HBO. The concerts that excited the neighborhood were held at an unused city pool, not a world-class arena christened by Jay Z. And real estate investors eager to make all-cash deals were still fixated on Manhattan.

Over the past several years the couple witnessed the much-bemoaned arrival of banker types, chain stores and tourists. Brooklyn has become a global brand.

And last year, when they were ready to buy, the couple quickly realized they had been priced out. “I can’t tell you how many listings said, ‘cash only,’ ” said Mr. Huston, whose real estate search included everything from $500,000 apartments to $900,000 fixer-upper rowhouses and took him from Williamsburg to Bedford-Stuyvesant. “That was a wake-up call.”

And so the Hustons bid farewell to Brooklyn. In October, they spent $550,000 on a 2,000-square-foot loft in a converted suitcase factory in Jersey City Heights, a section of Jersey City that overlooks Hoboken. “We weren’t sure there was anyone like us in the neighborhood,” he said. Then a Brooklyn-style coffee shop arrived. “The line down the street was all people like us. We could have been in Williamsburg. It was all, like, expats.”

Fed up with rising rents, bidding wars and neighborhoods that no longer resemble the low-rise bohemian enclaves they found when they arrived, many Brooklynites are moving out. They include decade-long renters who can no longer keep up with price hikes, qualified buyers who have been outbid one too many times, and young families who simply can’t find the space they want at prices they can afford.

Many have tried in earnest to stay in Brooklyn, squeezing into smaller spaces or heading deeper into the borough in search of affordability. But there comes a point when that hourlong commute becomes difficult to justify, and the realization strikes that a house with a yard in Maplewood, N.J., can be had for about the same price as a condo in Midwood.

In the northwest part of the borough, where chain stores like J. Crew and Rag & Bone are edging out locally owned bars and organic grocers, “Brooklyn has become unaffordable,” said Victoria Hagman, the broker-owner of the Realty Collective, founded in 2005. “For normal, middle-class people with good credit, we used to be able to say, ‘We can find you something.’ ” Now, even in once working-class areas like Windsor Terrace, Kensington, Crown Heights and Bedford-Stuyvesant, she said, “people are priced out of purchasing and landlords are asking egregious numbers.”

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Neighborhoods in the central and eastern parts of Brooklyn largely remain low-income. But a combination of scarce listings, high demand and rapid-fire gentrification has sent prices soaring in the northwest quadrant, from Red Hook to Greenpoint along the waterfront and inland to Gowanus and Park Slope South. In the second quarter of 2014, 107 sales priced above $2 million took place, more than any other prior quarter, according to the Corcoran Group. Those deals included a $10.625 million townhouse on Willow Street in Brooklyn Heights, a $5 million loft in a shoe polish factory turned luxury condo building in Williamsburg, and a $3.15 million condo in Dumbo, to name a few.


Kathleen Kim and Brian Witte moved into a three-bedroom, one-bath rental in leafy Sunnyside, Queens, after giving up on finding suitable quarters in Brooklyn. Hesitant at first about the move, they find they like the “small town in the big city feel,” Mr. Witte says. Credit Emily Andrews for The New York Times

Such high-end sales helped shrink the gap in median real estate price, which measures the middle of the market, between Brooklyn ($575,000) and Manhattan ($910,000) by 33 percent to $335,000 in the second quarter, down from $500,000 in 2008, before the collapse of the real estate market, said Jonathan J. Miller, the president of Miller Samuel, an appraisal firm.

Renters aren’t faring much better. The median rental price in northern Brooklyn was up 6.6 percent to $2,852 in July, marking the 14th consecutive year-over-year increase in monthly rent, according to a report by Douglas Elliman. That is $353 cheaper than the median monthly rent in Manhattan. Five years ago Brooklyn was $1,030 cheaper.

Sure, some Brooklynites who have noticed the shrinking gap are choosing to settle in the far corners of the Upper East and West Sides of Manhattan. But Brooklyn has shed its image as a bargain-priced alternative to Manhattan.

“One of the things I find sort of fascinating is that there were so many people in the city in my generation whose parents were struggling to get either themselves or their kids out of Brooklyn, and those people’s kids are now back in Brooklyn,” said Frederick Peters, 62, the president of Warburg Realty, a luxury Manhattan-based brokerage firm. “It kind of changed from Manhattan being aspirational for the generation of people who are 40 or under, to Brooklyn being aspirational.” As a result, he said, “most of the Brooklyn business we do is with people for whom that’s their first choice.”

The tendency is to move the search deeper into Brooklyn before looking elsewhere. Then, somewhere around Midwood, brokers say, the train ride to Manhattan becomes an issue for commuters and people begin searching for alternatives — including in areas they may have turned up their noses at just a few years ago.

When friends of Mr. Huston, 42, a filmmaker, and Ms. Medvedik-Huston, 43, an accessories designer, bought a brownstone in Jersey City several years ago, “I thought they were out of their minds,” Mr. Huston said. But now, having left their 688-square-foot Williamsburg rental to buy a 2,000-square-foot loft in Jersey City Heights, his view has changed. Their new home, a duplex, has two bedrooms, two baths, 11 floor-to-ceiling windows, exposed brick walls and a wine cellar. Two swings hang by ropes from the wooden beams. “It was a no-brainer, trust me,” he said, noting that their monthly outlay is just a couple hundred dollars more than what they paid in Williamsburg.

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Chris Braun, recently moved from Carroll Gardens, Brooklyn, stops along bustling 116th Street in East Harlem. Credit Emily Andrews for The New York Times

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“We have noticed a growing trend of more people that are priced out of Brooklyn that have been driven our way,” said Matt Brown, a broker at Halstead Property in Hoboken, who along with his business partner, Peter Cossio, is a proponent of the area’s townhouse stock, proximity to Manhattan and lower prices. They pointed out in a market report that the average price of a condo in Hoboken was $590,912 or $576 a square foot in the first half of 2014, versus $1,534,701 or $1,049 a square foot in the North Brooklyn area encompassing Brooklyn Heights, Carroll Gardens, Cobble Hill, Dumbo, Red Hook and the Columbia Street waterfront.

The northward migration of young Brooklyn parents along New York river towns like Hastings-on-Hudson, Irvington and Beacon has been well chronicled. Montclair and Maplewood, N.J., also have their share. And brokers and residents alike report a virtual pipeline of Brooklyn defectors to Queens.

Kathleen Kim and her husband, Brian Witte, hoping to start a family, initially went looking for a two-bedroom for $2,800 a month or less in Williamsburg, where they rented a one-bedroom with an office just off the Graham Avenue stop on the L line for $2,330 a month. They also searched in Carroll Gardens, Fort Greene, Park Slope, Windsor Terrace and Greenpoint. But the apartments all came with caveats, said Ms. Kim, 34, a freelance television producer, rattling off a few: “has washer/dryer, good space or an updated kitchen but is a trek to the nearest subway ... amazing location but the second bedroom is actually an alcove between the living room and actual bedroom ... right near Prospect Park but has claustrophobic, windowless ant colony layout.”

It wasn’t until they had exhausted Brooklyn’s “deeper cuts,” as Ms. Kim described neighborhoods like Sunset Park, Kensington and Gowanus, that their friend Daniel Day Lee, a real estate agent with Citi Habitats, suggested they take a look at Sunnyside, Queens. They were reluctant at first. “Brian,” Ms. Kim said, “held some reservations about the Q word.” But after a visit, Mr. Witte, 36, a media planner at Comedy Central, was quickly sold on the neighborhood’s stately Tudor buildings, wide diversity, dead-on Manhattan views, attractive prices and “small town in the big city feel.”

Last month, the couple moved into a corner, three-bedroom, one-bath with new floors and stainless-steel appliances, including a five-burner stove, on the top floor of a six-story Tudor-style elevator building. The monthly rent: $2,750.

“I loved living in Williamsburg,” Ms. Kim said. “And for single young people moving to the city, I would not blame them for paying loads more to live in a tiny space there. But we’re moving into a different stage in our life, and for the pace and the price, Sunnyside was the logical next step for us.”


Mr. Braun's new home; a condo in this new apartment building in East Harlem that he says was more affordable than anything he could find in Brooklyn. Credit Emily Andrews for The New York Times

It wasn’t all that long ago that couples priced out of Manhattan were saying the same thing about Brooklyn. “Brooklyn started to really blossom in many ways because Manhattan was getting too expensive,” said Jonathan Bowles, the executive director of the Center for an Urban Future, a nonpartisan research group in New York. “You had college professors, nonprofit staff, people in publishing, teachers. They were middle class and very highly educated and went to Brooklyn because of the kind of creativity and arts scene and people like them, frankly. For people in those same professions today, Brooklyn is mainly unaffordable — those same neighborhoods are clearly unaffordable.”

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Part of the challenge for those wanting to remain in the borough is that just as in Manhattan, inventory is excruciatingly low. The number of apartments for sale dropped 5.9 percent to 4,426 in the second quarter of 2014, yet sales surged 12.5 percent to 2,086.

Intense competition over scarce listings means buyers who require a mortgage may be out of luck. “Inventory has been so tight that right now you are up against tremendous competition,” said Aleksandra Scepanovic, a founder and the managing director of the Ideal Properties Group, a Brooklyn-based firm she started in 2007 with her partner, Erik Serras. Apartment hunters in Brooklyn are coming up against “a different caliber of buyer,” a buyer armed with liquid assets. “At the same open house,” she added, “they are ready to write a check today.”

A review of Ideal Properties clients who bought in northwest Brooklyn in the second quarter of 2014 reflects the trend. Nearly a third of the 382 home buyers earned at least $300,000 a year, compared with just 11 percent a year ago. During the same time frame, 65 percent of home buyers offered to pay with cash, compared with 32 percent a year earlier. Most of the buyers have jobs in sales, finance or accounting.

For some Brooklynites the arrival of this wealthier class of buyers and the Manhattanesque stores that have popped up to cater to them signals the end of an era.


“Carroll Gardens used to be a place in the summertime where you could get an Italian ice at one of so many pizza places,” said Chris Braun, a psychology professor at Hunter College, who moved to Carroll Gardens in 2001 for its quiet streets, Italian bakeries and Virgin Mary statues in the front yards of brownstones. “Now people go to 16 Handles,” he said referring to a self-serve frozen yogurt chain that replaced a local joint named Joe’s Luncheonette. “It’s a different group of families,” he continued. “It’s families that want the 16 Handles and not to talk to Sal.”

He will soon close on a new two-bedroom condo in East Harlem for $630 a square foot. Not only is the price better than anything he saw in Brooklyn, he said, but the neighborhood also has a lot of character. The housing stock is beautiful, he said, and people mingle on the street.

“On Sunday,” he said, “you see ladies walking around in their curlers and housedresses. It’s not so sanitized,” he continued. “It just felt like New York again to me.”


A version of this article appears in print on August 24, 2014, on page RE1 of the New York edition with the headline: Life After Brooklyn. Order Reprints|Today's Paper

Planting Art as Inspiration for Breast Cancer Patients

Planting Art as Inspiration

New Arrivals in the Marian and Hans Kretsch Meditation Gardens

During the construction of Ann’s Place, one of oncologist Dr. Marc Rappaport’s patients, a realtor who was fighting breast cancer, spoke to him about a property she was brokering in Greenburg, New York.  An estate was being liquidated in advance of a new subdivision.  Debra Tricarico (pictured left), who was with Houlihan Lawrance in Westchester County, was being treated at Danbury Hospital.  Today she also represents Berkshire Hathaway Home Services in Brookfield, CT.   “Dr. Rappaport was awesome; I could not have survived without him,” Debra says today.  

Debra also credits being a client of Ann's Place as an invaluable part of her cancer care, the services Ann's Place provided to her pulled her though her treatment phase, throughout her treatment she didn't miss a single day of work. 


Dr. Rappaport is a cancer survivor himself and has helped facilitate the Young Adults Group and make scientific presentations at Ann’s Place, including the upcoming Head and Neck Cancer Panel.  What Debra was describing to her oncologist was not simply an estate.  It was an estate with a sculpture garden, amassed over the last 50 years by Edward and Doris Rosenthal.  On the grounds was a cottage that served as a studio for Masami Kodama, a sculptor who had immigrated to America from Hiroshima, Japan in 1964.  Kodama found a patron in the Rosenthal family and produced many abstract works, which have found homes in museums, public, private and corporate collections, while others remained on the estate.  Professor Kodama also taught sculpture at the Brooklyn Museum Art School. 

With Dr. Rappaport’s encouragement, Debra approached the Rosenthal family with a recommendation.  As they were donating the remaining sculptures to cities and museums to clear the estate, Debra spoke passionately about Ann’s Place and the inspiration she and other survivors have found there.  Wouldn’t a meditative sculpture add timeless inspiration to the grounds where clients come for peace and solace on their cancer journey?  

The family was receptive to the idea and vetted the agency over the next several months to ensure that Ann’s Place was soundly run.  Debra connected the estate heirs to then agency President Wilda Hayes and Chairman Paul Dinto and site visits and discussions began, with Debra, still in chemo and actively working, as the go-between.  In the end, it was decided that two pieces would come to Ann’s Place as a gift from Jason and Nancy Rosenthal.

On Friday, June 13th, 2014, during a monsoon rainstorm, Mariano Brothers of Bethel arrived with giant rigs to plant the two granite pieces on the grounds.  Staff and clients watched in fascination as thousand of pounds of stone were lowered to the ground.  With cancer not being a stranger to their families, the company donated their services and crew for hours of careful work.  Earlier, another mover who lost his mother to cancer had donated moving and storing the pieces until the right time for installation.

It comes full circle: a caring community gives back and allows the next generation of people whose lives are interrupted by cancer to take advantage of all the resources for their journey.  Debra Tricarico and all the others involved became part of that circle of paying it forward.  The circle concept is appropriately echoed in both of the Kodama sculptures that now grace the grounds at Ann’s Place.

Harbor Square - Ossining

OSSINING – Ginsburg Development begins construction this week of the long-planned Harbor Square, a 188-unit luxury waterfront rental building.

Local officials and the developer consider the project a key part of the revitalization at the Hudson River and the village's historic downtown.

"It is a huge economic boon to the village," said Mayor William Hanauer. "It will bring new people with disposable income to the village. It will bring new commerce into the village. And it will open the riverfront as our front door — as it once was in the early days of Ossining."

The apartments on Westerly Road, off Main Street and Route 9, will feature high-end amenities such as a rooftop swimming pool, a spa and concierge services. There will also be public sections — a restaurant with outdoor seating, a waterfront park with sculptures and a walking promenade, Ginsburg noted.

"I have a particular passion for the Hudson River, which is historically significant to the state and the city, and I have always felt that the Ossining waterfront is a major spot," said Martin Ginsburg, president of Ginsburg Development Corp., which built Ichabod's Landing in Tarrytown, River Bend in Peekskill and Harbors at Haverstraw.

For Ginsburg, Harbor Square is the perfect project in the perfect spot. He emphasized that rental apartments are on the rise in the local construction scene because so many young professionals and adults in transition are seeking this type of housing, including the newly opened Avalon apartments in the Town of Ossining.

"We are excited about doing something that will have an impact on Hudson River communities and I think it could act as a catalyst (for) more aggressive movement," the developer said.

Ginsburg said a final decision has not been made on the roughly 5,000-square-foot restaurant at the waterfront, but he hopes it will have a diverse enough menu to attract tourists and families living nearby, and offer a large terrace for parties and events.

The apartments will offer river views, covered garage spaces, a two-story lobby and units with many luxury finishes such as stone countertops and wood floors. Occupancy is expected in March 2016, and 10 percent will be "affordable housing" units.

Hanauer said the village is moving forward on a plan to extend the pier and has applied for a state grant. He said that construction is also underway on a new 31-unit apartment building on Main Street near the farmers market location.

"There is a lot going on and it is all good for Ossining residents and businesses," he said.



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Hastings, Nearby Towns See Dramatic Rise In Real Estate Activity

HASTINGS, N.Y. – Real estate sales in Hastings on Hudson rose more than 21 percent in the past year, and Houlihan Lawrence Realtor Douglas Tricarico says more city dwellers are moving to the town and nearby Rivertown communities.

“There’s easy transportation to the city,’’ said Tricarico, whose newly-designed website, homesinwestchester.com, allows users to search not only his team's listings but also the whole MLS. "That’s one of the main draws. A lot of people from Brooklyn and other parts of New York are coming up. They like the rustic look, and the small town feel."

There were 86 homes sold in Hastings from June 6, 2013 to June 5 of this year. From June 6, 2012 to June 5 of 2013, there were 71 homes sold. That represents a 21.1 percent increase, and the median sale price rose from $625,000 to $684,250, a 9.5 percent increase.

Tricarico said several reasons, besides the proximity to New York City, were behind the increased interest to live in Hastings and nearby communities.

“People are looking at Westchester County as a solid option because of the schools and it’s right on the water,’’ Tricarico said. “They like the community feel.”

The median sale price for Hastings homes reached its highest point in 2007 at $800,000. The median sale price was $616,250 in 2009, and rose to $660,000 in 2013.

“It has the foundation to be a desirable area for hipsters,’’ Tricarico said. “People are deciding that they want to move up here. It’s appealing to a lot of current buyers. The community and schools, the value, the proximity to New York are all playing a part in it.” The increase in Manhattan real estate prices also makes Westchester a more viable option. All of those factors have led to increased interest in the region this Spring.

Tricarico’s mother, Debra, started her career in real estate 30 years ago and received Houlihan Lawrence’s Emerald Award for eight straight years from 2005-2012. She had 60 showings in a week earlier in spring, and a recently listed “fixer-upper” that went for above asking price, which has become the norm in the current market.

Last year, the New York Times characterized the town as an example of “hipsturbia,” citing the exodus of young, creative professionals to the community. Douglas Tricarico said residents welcome the new homeowners.

“It’s helping their home values,’’ he said. “Having people who want to come to your community is a good thing. A town like Hastings, it has a lot of history. It’s a small little section of the county that’s often forgotten about. The schools are always at the top of the list, and we’re seeing restaurants opening up and bringing life to the neighborhood.”

In the 2000 census, Hastings had 7,648 people in 3,093 households, and 2,090 families residing in the village. Nearly 34 percent of the households had children under the age of 18 living at home. Most residents were ages 45 to 64, 29.3 percent.

Westchester real estate prices have risen significantly in the past two years, and Tricarico believes the momentum could sustain itself for a while.

“I think everyone is looking at it and taking it for what it is,’’ Tricarico said. “One news report could change the outcome. For now we’re all excited to ride it out and see where it goes.”

Debra Tricarico, Associate Broker Houlihan Lawrence Inc. is proud to support community news & The Rivertowns Daily Voice. Contact us to learn more.

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Hillholme Manor Chappaqua Luxury Homes

Lot 3 North Place Chappaqua New York 10514

Introducing Hillholme Manor, an unprecedented new enclave offering a rare opportunity to live graciously in one of Westchester’s most desirable estate locales. Building on the fine tradition of classic shingle-style architecture, master builder and developer Paul Guillaro and renowned Greenwich-based Granoff Architecture have collaborated on 5 estate homes nestled in one of Chappaqua’s most distinguished settings. Each of the beautifully appointed residences are set on large parcels of 2.3-5+ acres with pool sites 3-car garages and feature generous floor plans, top-grade finishes and luxurious amenities. Exceptional on every level, this idyllic locale is located just a short stroll from charming main street and is within minutes of the acclaimed schools and rail station. Privacy, elegance and convenience. It all awaits at Hillholme Manor, Chappaqua’s most exciting new address.

Hillholme Manor Chappaqua Luxury Homes

Lot 2 North Place Chappaqua New York 10514

Introducing Hillholme Manor, an unprecedented new enclave offering a rare opportunity to live graciously in one of Westchester’s most desirable estate locales. Building on the fine tradition of classic shingle-style architecture, master builder and developer Paul Guillaro and renowned Greenwich-based Granoff Architecture have collaborated on 5 estate homes nestled in one of Chappaqua’s most distinguished settings. Each of the beautifully appointed residences are set on large parcels of 2.3-5+ acres with pool sites 3-car garages and feature generous floor plans, top-grade finishes and luxurious amenities. Exceptional on every level, this idyllic locale is located just a short stroll from charming main street and is within minutes of the acclaimed schools and rail station. Privacy, elegance and convenience. It all awaits at Hillholme Manor, Chappaqua’s most exciting new address.

Chappaqua Luxury Home for Sale

76 Cowdin Ln Chappaqua -  Classically detailed home epitomizes highest standard of craftsmanship. Top-of-the-line appointments include white oak floors, rich millwork, custom woodwork, large bay windows, French doors, and three fireplaces. Perfect for entertaining, beautifully proportioned layout flows easily to oversized rear deck and sensational heated in-ground pool. Expansive 4.21-acre setting at end of cul-de-sac framed by broad lawns and vibrant perennial gardens enjoys outstanding privacy.

Post Modern Colonial in Random Farms Chappaqua

80 Random Farms Cir  Chappaqua -Post Modern Colonial situated on beautiful manicured property offers expansive, sun-filled rooms in move-in condition. The vaulted foyer sets the stage that highlights the open flow and space. Features include large rear deck overlooking level yard, 3 car garage, spacious unfinished lower level offers a recreation area with doors out, ample storage. Located in the sought-after community of Random Farms with recreation; includes pool, tennis court and clubhouse.

Sought-after Random Farms neighborhood

82 Random Farms Cir Chappaqua - Dramatic, light-filled living spaces are perfectly complemented by a wealth of amenities and luxuries in the outstanding Modern home. Unique architectural details, ceilings and oversized windows-two story entry foyer with distinctive curved walls. Private, lushly landscaped property; fabulous in-ground pool with profusion of perennials and flowering specimen plantings borders forever green land. Sought-after Random Farms neighborhood; clubhouse, pool/tennis facilities. 

Chappaqua New Colonial Totally Renovated

9 Hilltop Dr Chappaqua - New Colonial totally renovated in 2009 by a prominent builder of fine custom homes. Beautifully appointed light-filled rooms. Open floor plan with elegant detailing & custom millwork. State-of-the-art kitchen featuring lavish cabinetry, granite counters, top-of-the-line appliances, and dramatic breakfast area. This home offers a wealth of amenities to ensure year round comfort. Nestled on 1.15 acres in sought-after neighborhood.

Houlihan Lawrence 4th Quarter Luxury Market Report


Houlihan Lawrence 4th Quarter Luxury Market Report 

Chappaqua Whippoorwill Contemporary with Lake Rights and Seasonal Views

33 Whippoorwill Lake Rd Chappaqua - An exceptional offering in sought-after Whippoorwill. Own a custom home with Lake rights and seasonal views serenely situated behind stone pillars with circular driveway. This unique and finely crafted re

sidence boasts detailed rooms designed around an innovative floor plan completely open to the beautiful surroundings featuring dramatic open spaces and sunny terraces integrated into the landscape. Surrounded by over 150 acres of parkland and trails, yet in a neighborhood location.

Houlihan Lawrence 4th Quarter Market Report

Presenting Houlihan Lawrence 4th Quarter Market Report 

A comprehensive look at real estate markets in Westchester, Putnam and Dutchess Counties. Principals Stephen and Chris Meyers summarize the major trends in 4th Quarter, 2013 and offer insights on what may lie ahead. 


The Hudson Gateway Association of REALTORS® (HGAR) - 4th Quarter and 2013 Sales Report

The Hudson Gateway Association of REALTORS® (HGAR) 4th Quarter and 2013 Sales Report


 Westchester home sales increased 21 percent in 2013 over the previous year....