Tag: Katonah NY

UWS Mansion That Once Asked $31M Sells, Finally, for $14M | Katonah Real Estate

On By robertpaulrealtor 914-325-5758In Katonah NYLeave a comment

251rsd2.jpeg

The history of the Upper West Side’s 12,000-square-foot Schinasi Mansion is equal parts illustrious and disappointing. Illustrious: Carnegie Hall architect William Tuthill designed the 1909 palace for a “Turkish tobacco baron,” there are 3,400 square feet of outdoor space and asecret tunnel in the basement, and the property was a set for a Woody Allen film, Bullets Over Broadway. Disappointing: after asking a high of $31 million in 2006, the property has now sold for $14 million, according to the Journal. The last asking price was below that, at $13.5 million, (and was apparently one of several all-cash offers) but the PriceChopper Hall of Fame will still be inducting this property.

The buyer hasn’t been identified by name, but the listing broker tells the Journal the home’s new owner is “a New York businessman who used to live abroad.” He’ll be doing a lot of work on the property, since the prior owners, who spent $325,000 for the house in 1979, didn’t use it as their primary residence. Once the renovation’s done, maybe the buyer will host another pizza party.

read more…

 

 

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » UWS Mansion That Once Asked $31M Sells, Finally, for $14M | Katonah Real Estate.

Building and measuring the social world | Katonah Real Estate

On By robertpaulrealtor 914-325-5758In Katonah NYLeave a comment

Tamara Mendelsohn leads marketing for Eventbrite with a focus on customer acquisition, retention and branding.

As an expert on e-commerce technology, multichannel retail, and trends in how consumers integrate technology into shopping, Mendelsohn has authored research reports and worked with both retailers and technology vendors to help them shape their strategies.

Hear what Mendelsohn has to say about “Building and measuring the social world.”

read more….

 

 

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Building and measuring the social world | Katonah Real Estate.

Mortgage foreclosure filings fall 35% in July | Katonah Real Estate

On By robertpaulrealtor 914-325-5758In Katonah NYLeave a comment

 

Mortgage foreclosure filings in July were about 35% lower than in the same month a year ago in southeast Wisconsin, extending a trend that has helped keep a general recovery in housing on course.

Court records show there were 581 filings in Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha counties last month, compared with 896 in July of 2012. It was the lowest July total since before the housing slump and recession occurred.

Through the first seven months of 2013, mortgage foreclosure filings were down about 37% in the region, to 4,288 from 6,797 during the same span last year.

However, the 581 filings recorded in July were the most for one month since March of this year, when there were 636 filings.

The July filings decreased in all seven counties in southeast Wisconsin.

While bank-owned foreclosures have dropped, the City of Milwaukee is facing an increase in city-owned tax foreclosures. To date, the city holds title to well over 900 properties, with the prospect of several hundred more properties going into tax foreclosure by the end of the year.

The Common Council has taken steps to help homeowners avoid tax foreclosure. Specifically, homeowners have been given more time to pay back special charges owed to the city. The old policy required strapped homeowners to pay back the special charges in full.

 

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Mortgage foreclosure filings fall 35% in July | Katonah Real Estate.

America’s Emerging Housing Crisis | Katonah Real Estate

On By robertpaulrealtor 914-325-5758In Katonah NYLeave a comment

The current housing recovery may be like manna to homeowners, but it may do little to ease a growing shortage of affordable residences, and could even make it worse. After a recession-generated drought, household formation is on the rise, notes a recent study by the Harvard Joint Center on Housing Studies, and in many markets there isn’t an adequate supply of housing for the working and middle classes.

Given problems with regulations in some states, particularly restrictions on new single-family home development, the uptick in housing prices threatens both prospective owners and renters, forcing people who would otherwise buy into the rental market. Ownership levels continue to drop, most notably for minorities, particularly African Americans. Last year, according to the Harvard study, the number of renters in the U.S. rose by a million, accompanied by a net loss of 161,000 homeowners.

This is bad news not only for middle-income Americans but even more so for the poor and renters. The number of renters now paying upward of 50% of their income for housing has risen by 2.5 million since the recession and 6.7 million over the decade. Roughly one in four renters, notes Harvard, are now in this perilous situation. The number of poor renters is growing, but the supply of new affordable housing has dropped over the past year.

So while the housing recovery — and the prospect of higher prices — does offer some relief to existing homeowners, it’s having a negative impact further down the economic ladder. For the poorest Americans, nearly eight decades of extensive public subsidies have failed to solve their housing crisis. Given the financial straits of most American cities — particularly those like Detroit that need it the most — it’s unlikely the government can rescue households stressed by the cost of shelter.

 

 

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » America’s Emerging Housing Crisis | Katonah Real Estate.

Westchester County Executive Launches “Ask Astorino On Tape” | Katonah Real Estate

On By robertpaulrealtor 914-325-5758In Katonah NYLeave a comment

 

Over the past year Westchester County Executive Rob Astorino has visited 22 municipalities across the country for “Ask Astorino” town hall meetings. This week he released a new video highlighting some of the most frequently asked questions of the meetings.

“It’s not always easy to find the time to attend a town hall meeting,” said Astorino. “This video is an alternate way to find out how county government is working for you. I welcome your feedback.”

Hundreds of Westchester County residents have attended the town hall meetings, where Astorino has addressed topics such as taxes, housing, Playland andcrime. In the new video, Astorino addresses topics such as the role of the county government, his efforts to reduce taxes and promote business, and his motivations for running for county executive. He highlights accomplishments such as reducing the budget from $1.8 billion to $1.7 billion, and how the county dealt with Hurricane Sandy. It also includes scenes of his home life as he takes viewers through a typical day in his life.

“I’m still in awe of what this job is and what it means,” Astorino, who is running for re-election in November, says in the video.

 

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Westchester County Executive Launches “Ask Astorino On Tape” | Katonah Real Estate.

Katonah Sales Down 4.5% | Median Price Up 15% | RobReportBlog

On By robertpaulrealtor 914-325-5758In Katonah NYLeave a comment

 

Katonah NY Real Estate Report RobReportBlog
2013 6 months ending 4/29 2012
21 Sales 22
$750,000.00 median sold price $651,500.00
$320,000.00 low sold price $365,000.00
$7,000,000.00 high sold price $4,000,000.00
3564 average size 2859
$308.00 ave. price per foot $328.00
261 ave days on market 216
$1,262,785.00 average sold price $1,027,795.00
89.67% ave sold to ask 94.08%

 

Katonah Sales Down 4.5% | Median Price Up 15% | RobReportBlog.