The Scarsdale Neighborhoods and Real Estate Blog

A blog about real estate, things to do, and whats happening in Scarsdale New York!

 

Jan. 10, 2017

Green Space is Safe Space

Some interesting information is out on the topic of green space in neighborhoods and the impact they have on community safety. The report, “How Cities Use Parks to Create Safer Neighborhoods,” offers the following:

 

“For those concerned that green spaces may foster crime and illegal activity, evidence now exists that the opposite may be true. These are the findings of scientists at the Human-Environment Research Laboratory of the University of Illinois at Urbana-Champaign who studied green space alongside public housing in Chicago. Other researchers who are conducting similar studies across the country are finding similar results.” (Source: https://www.planning.org/cityparks/briefingpapers/saferneighborhoods.htm)

 

Key Point #1:

Time spent in nature immediately adjacent to home helps people to relieve mental fatigue, reducing aggression.

 

Key Point #2:

Green residential spaces are gathering places where neighbors form social ties that produce stronger, safer neighborhoods.

 

Key Point #3:

Barren spaces are more frightening to people and are more crime prone than parks landscaped with greenery and open vistas.

 

Key Point #4:

In order to make the best use of greenery and open space, it must be positively incorporated into a community's design.

 

 

Posted in Interesting Story
Sept. 13, 2016

How's the luxury market?

HOW'S THE MARKET?

That's the question this blog answers for the "luxury market" in New York.

The SNYLH, like the Case-Shiller Composite Index and other national indices, it is a bundle of data from our various neighborhoods around New York and then give a simplified view and try to get at the question of what's happening in the marketplace.

Unlike virtually all of the other reports and indices out there the Scarsdale Luxury Market Report is focused exclusively on THE TOP OF THE MARKET.  We know that markets are local.  We also know that in a given place, at a given time, different price segments perform differently.  Trophy homes at the top of the market might be in high demand and setting new price records, while in the same city starter homes might be stagnant and seeing major downward price pressures (or vice versa).  Most major indices ignore this fact and lump all market segments together to get at some sense of overall market trends.  We don't.

In fact, we look at just the top of the market, so that you can see more clearly what is really happening in luxury markets around the country and the overall luxury trend at the national level.

Posted in Real Estate News
Aug. 6, 2015

Five Corners Five Things To Do In Greenwich

Located in downtown Greenwich near the Greenwich harbor, the Bruce Museum offers both science and art exhibits. Its wide array of holdings include items related to anthropology, natural history, decorative art, and fine art. A visit to the Bruce Museum is wonderful throughout the year with its rotating exhibits, as well as festivals and education programs.

 

The site of the first art colony in Connecticut and former center of American Impressionist art, the Bush-Holley house is now the home of the Greenwich Historical Society. This building offers tours of the house with two exhibits: one on the era of the New Nation (1790-1825) and another about the Cos Cob Art Colony (1890-1925). The historic buildings and gardens on the site are well-worth a visit!

Formerly a water-front estate named Innis Arden of wealthy New Yorker J. Kennedy Tod, Greenwich Point Park is now the most visited of Greenwich’s various parks with miles of walking trails, a long sand beach, plenty of opportunities for boating and water activities, and even gorgeous views of the New York City skyline!

Situated in trendy South Norwalk, or SoNo, the Maritime Aquarium in Norwalk is solely devoted to the marine life of Long Island Sound. Some major draws are the harbor seals, river otters, sharks, jellyfish, and loggerhead sea turtles among the hundreds of animals on display in re-created habitats, as well as six-story tall screen in the IMAX theater.

Constructed in 1949, this estate in Greenwich was designed by Philip Johnson as his personal residence. It is a demonstration of geometry, proportion, minimal structure, and the effects of transparency and reflection and is an example of early use of industrial materials such as glass and steel in home design. The house, buildings, and property are open to the public for guided tours.

Posted in Events
Aug. 3, 2015

Purrfect Bow Wow Meow Ball Upcoming August 15th

If we wanted to bring together animal lovers to help raise money for a great cause who would be the perfect host?

 

#BrookeShields

 

Let’s start with Brooke Shields as our Emcee for an Evening of Dinner and Dancing in the Hamptons…Next we need someone worth to honor… I’ve got it…this years Bow Wow Meow Ball will honor internationally acclaimed architect Peter Marino for his unwavering commitment to animal welfare and the Animal Rescue Fund of the Hamptons.  A longtime supporter of ARF, Marino, also known for his knowledge and status as a collector, and for his impact on contemporary and twentieth century design, founded his eponymous architecture, planning and design studio in New York in 1978. Alongside his work with private clients, Marino has redefined luxury in the retail space, creating store environments around the world for brands such as Chanel, Dior, Louis Vuitton, Bulgari, Ermenegildo Zegna, Fendi, Graff, Guerlain and Hublot, often commissioning site-specific works of art for many of them. 

 

Pick Saturday, August 15th at the Arf Center 91 Daniels Hole Road in Wainscott, for this grand event with over 400 high profile guests from New York and the Hamptons expected to attend this magical night.  Of course All proceeds will benefit ARF, the leading animal adoption center on the East End of Long Island.

 

The evening will also include a live auction with Auctioneer Benjamin Doller, a Vice Chairman of Sotheby’s, a silent auction and an online auction with charitybuzz.com. Experiences and packages include a golf lesson at the exclusive Maidstone Golf Club, 2 nights deluxe accommodations and breakfast for 2 at The Ritz Carlton, St. Thomas, and New York Knicks Game Experience which includes 2 tickets, gift bags, and meet and greet with Knicks Legends and a viewing of the “closed to the public” pre-game warm up on the court. Bidders will have the chance to make offers online from August 5 – August 26 by visiting http://www.charitybuzz.com/support/arfhamptons.

 

Be warned after a cocktail or two you might just be inclinded to adopt one of special select group of ARF cats and dogs that are currently available for adoption.

 

The Bow Wow Meow Ball event is an important evening as it raises funds that are vital to the organization and its mission and “its going to be a fantastic party”  “bring together our supporters and help raise funds for ARF while having fun”  said Lisa McCarthy, Board President of ARF.

 

Sounds like a purrfect nite!

 

For ticket information please contact:

Jean Schiavoni

                        631-537-0400 ext. 219

                        jean@arfhamptons.org

Posted in Events
July 31, 2015

Has Cycling Become the New Status Symbol ?

Cycling has become part of the urban landscape as a convenient and environmentally-friendly alternative to public transport in congested cities. But as more professionals take to two wheels, cycling accessories have become a boon market with enthusiasts spending more on clothing and fixtures than they did on the bikes themselves.

Various companies have stepped into the high-end market Did you know that Brooks England sells specialist saddles which can cost as much as $318 while clothing brand Mr Porter recently sold a dress suit designed by Incotex specifically tailored for cyclists at a price of $1,195!

 

Kent International bicycles.
Source: Kent Bicycles
Kent International bicycles.

According to research by Mintel, the U.K. market for bike accessories (including parts, accessories and clothing) was valued at $1.94 billion in 2014, compared to $1.48 billion spent on the bikes themselves.

The market for accessories has also grown faster, by 28 percent since 2010, compared to 23 percent for bicycles, according to Mintel.

Michael Oliver, Mintel's senior leisure and media analyst, thinks this indicates that at least some of the U.K.'s 15.8 million cyclists are treating cycling like a high-end, luxury product.

"Cycling is no longer regarded simply as a cheap means of transport, a bicycle is now regarded as a lifestyle accessory, an expression of an individual in the same way as driving a premium sports car or belonging to a golf club," Oliver said in a press release.

"This is positive news for accessory suppliers, because it means that many of their potential customers are not buying on price alone, instead brand, quality and product features are also key factors influencing purchase."

 

<p>The city taking bikes off the road</p> <p>A company has come up with an innovative solution to bike storage. </p>

 

Andreas Kambanis, founder of the website London Cyclist, has also noticed this trend.

 

"A lot of the traffic on our site is from people comparing high end accessories and clothing," Kambanis told CNBC via email. "In particular people want to know what sets one item apart, so they can see if it's worth investing more."

 

For example, Rapha, which has developed gear for Team Sky's cyclists, sells a wide range of clothes and equipment at premium prices: a Pro Team softshell jacket from the company costs £200.

 

"Rapha has certainly seen an increase in sales which corresponds to the Mintel report on accessories spend - last year our turnover was £39m with a 35 percent growth and our year on year sales have increased by over 30 percent every year since 2011," Simon Mottram, founder and CEO of Rapha, told CNBC.

 

"Customers who love riding and appreciate quality, luxury and comfort are willing to pay for the resulting products," added Mottram.

 

And it seems that cyclists want to look their very best while out on the roads. High end fashion and cycling have also crossed over.

 

"When you are spending an hour a day or more on your bike, you start to explore clothing and accessories that are going to make the ride more comfortable, fun and stylish," explained Kambanis. "That's why we've seen such a growth in companies that sell the cycling lifestyle, in particular with clothing that combines style with practicality.

 

"People are willing to spend a little more, as there's an understanding that the clothes they are buying are going to last longer."

 

Posted in Interesting Story
Nov. 6, 2014

Lauren Bacall's Apartment To Go On Sale!

Lauren Bacall the legendary actress apartment at the Dakota will hit the market this month for $26 million. 

Industry insiders had previously speculated the co-op was valued at $9 million following the movie star’s death this summer at the age of 89.

While the building’s strict co-op board has insisted on keeping details about Bacall’s unit under wraps – including its size, location and floor – sources said the apartment’s park-facing frontage spans approximately 100 feet.

 Lauren Bacall

 

“Almost all of the important rooms face the park,” said a source familiar with the property, who described the home as a “grand” apartment with seven fireplaces and “tons of original details.”

Bacall purchased the home for $48,000 in 1961, and counted Boris Karloff, Judy Holliday and Roberta Flack among her neighbors. In a 2011 Vanity Fair article, Bacall’s home was described as “cavernous,” with a wood-trimmed parlor and huge windows that “overlook Central Park, 30 feet above the tree line.”

 The 93-unit landmark building, at 1 West 72nd Street, is one of the city’s most elite properties. It’s also among the stodgiest, having turned down the liked of Melanie Griffith and Antonio Banderas. In 2011, it was hit with a racial bias suit by hedge fund manager Alphonse ’Buddy’ Fletcher.


Posted in Real Estate News
Oct. 24, 2014

Scarsdale High School Football Sat Oct 25

Mamaroneck High School’s football team has lost its last two games against Scarsdale High School.

On Saturday October 25, the schools that are separated by less than six miles will meet in the first round of the Section 1 Class AA football playoffs.

The Tigers (6-1) and Raiders (6-1) kick off at 2:30 p.m. at Scarsdale.

Scarsdale’s only loss is to New Rochelle, a 27-0 setback on Oct. 11.

 

The Raiders escaped with a 38-36 win last week over Rye, which earned a No. 1 seed in the Class A playoffs.  Should be a great game come and support our Raiders…

Posted in Events
Oct. 10, 2014

Don't wait til Spring

If you are looking to sell your home in the Spring, take a look at the average days on market for homes in Westchester County below...

#87 - Rye (10580), $2,115,954.08, 147 days on the market on average

#167 - Bedford (10506), $1,502,346.15, 211 days on the market

#272 - Waccabuc (10597), $1,243,423.08, 175 days on the market

#325 - Scarsdale (10583), $1,131,714.64, 125 days on the market

#388 - Bedford Hills (10507), $1,020,620.50, 197 days on the market

#396 - Pound Ridge (10576), $1,004,692.31, 193 days on the market

#437 - Chappaqua (10514), $964,421.93, 171 days on the market

#459 - Larchmont (10538), $935,651.49, 117 days on the market

The best time to sell is NOW, to find out how much your home is worth Just Click Here!

 

Posted in Real Estate News
Oct. 2, 2014

Most Expensive Home on the Hamptons Market

If You’re in the Market for the Most Expensive Home on the Hamptons Market…

 

$75 Million

 

Asking price for the property on Lily Pond Lane in East Hampton

 

5,500

 

Square feet in the 6-bedroom 8-bath main residence

 

3

 

Bedrooms, along with 3 baths, in the guest house

 

168

 

Feet, and then some, of ocean frontage

 

Most Expensive Home On The Hamptons Market

 

Please Contact Five Corners Properties For Additional Information

Posted in Real Estate News
Sept. 29, 2014

Saks Fifth Avenue Off 5th To Open in Westchester

Looks like shoppers are in for a trip as Greenburgh Town Supervisor Paul Finer recently announced that Saks Fifth Avenue will open a Saks Fifth Avenue Off 5th discount outlet in Greenburgh, at the site of the former Loehmannn’s at 29 Tarrytown Road.

 

Saks Fifth Avenue

According to an announcement the company has taken out a demolition permit for the site. Saks is owned by Canadian retailer Hudson’s Bay Co., which also owns Lord & Taylor. Saks is in the midst of a $1 billion improvement of its stores, including a large investment in its flagship New York City store, according to Forbes.

 

The Greenburgh space has been vacant since January, when Loehmann’s Holdings Inc. shut down all 39 of its stores after declaring bankruptcy. It is in a shopping center near the Westchester County Center that also includes AMF bowling, Apple Farms and Smashburger. 

Posted in Real Estate News