No Tenant for New Building at 1 Palmer Road
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- Category: Real Estate
Surprised neighbors noticed a "for rent" sign posted in front of the new building at 1 Palmer Road this week and wondered what had happened to the deal with kosher food purveyor Seasons who was supposed to move into the new 11,000 square foot building.
We called the leasing agent Ross Berkowitz and learned that the agreement with Season's is off. They reneged on the lease as the developer was delayed in completing the building -- and now this much discussed property is without a tenant.
Though Seasons would not offer confirmation, rumor has it that Gristedes in the Golden Horseshoe Shopping Center is due to close and Seasons will move into that site instead. The supermarket space has the advantage of being on all one level with outdoor parking rather than the below grade parking lot at 1 Palmer Avenue.
What now for 1 Palmer Avenue? The realtor is looking for two to three tenants to take over the 11,000 square feet of space on two levels. Berkowitz mentioned a bank, another food store or perhaps a yoga studio as possibilities.
It certainly seems ironic that after years of discussion, dissension and planning, the new structure could stand empty at a highly congested and contested intersection in Scarsdale.
Sales:
14 Axtell Drive: Sunny bright,Colonial in Crane Berkeley on .77 acre of quiet and private property. Over 4,800 interior square feet with 5 Bedrooms and 4.5 Baths. Large rooms, gracious entrance foyer, living room with fireplace, formal dining room, new kitchen with breakfast area. New playroom and three-car garage
Sale Price: $3,310,000
Real Estate Taxes: $69,691
64 Fayette Road: New construction: Stone and shingle five bedroom 4.5 bath home with 5,179 square feet of interior space. High end finishes. Features nine-foot ceilings, hydro 4-zone heat and CAC, professional appliances, custom kitchen and bathroom cabinets, bluestone patio, family room with coffered ceiling, dining room with wainscoting, 30 year architectural roof and level yard.
Sale Price: $2,360,000
Real Estate Taxes: TBD
19 Rock Hill Lane: Edgemont:
Perfect setting on .82 acre at end of cul-de-sac in Edgemont. Classic 1995 Colonial with circular drive. 6,637 of interior square feet, high ceilings, large rooms, living room with French doors to library, formal dining room. Large kitchen with family room, Six bedrooms. Lovely yard backs onto golf course.
Sale Price: $1,825,000
Real Estate Taxes: $53,317
104 Brite Avenue: Sunny architect owned 5 BR, 3.5 bath Colonial in Greenacres. Updated and expanded with cathedral ceilinged kitchen, Viking, Sub-Zero and Bosch stainless appliances, granite counters and center island, mudroom with storage bench and closet. All of the bathrooms have been beautifully updated.
Sale Price: $1,355,000
Real Estate Taxes: $27,704
149 Lee Road: Bright, spacious colonial with two-year old kitchen with high end cabinetry and appliances and wall of windows, Family room with two story ceiling and fireplace and a master bedroom with soaring ceilings and dressing room.
Sale Price: $863,000
Real Estate Taxes: $18,644
What's Going on at the Ritz?
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- Category: Real Estate
This week we received a few inquiries from readers about local properties and scouted around to find the answers. First a reader asked, "What's going on at the Ritz in White Plains? It looks like they are building on the top of both towers?"
We got in touch with Marge Schneider of the Cappelli Group that manages the Ritz Towers. She told us that scaffolding has been built on top of each tower to facilitate replacement of some of the mirrored panels. During Hurricane Sandy three or four panels flew off the top of the building and fortunately did not injure anyone when the fell to the ground below. Management had to wait until the weather improved to erect the scaffolding and allow workers to repair the metal façade cladding panels that were damaged during the storm. She expects the work to be done in three weeks and said that the building has been built to New York State standards and should be fine in the future.
We also got an email about a new fence that has been put up between the Wilgren Parking lot and the Heathcote School, 
blocking foot traffic on the path from the lot to the school. For years, Heathcote parents have parked in the lot during drop-off and pick-up from the elementary school next door and walked over to the school with their children. Over Memorial Day weekend a new fence was constructed that blocks access between the school and the parking lot.
Tony Barreira, the property manager for the Wilgren Building told us, "The fence was put up to encourage pedestrians to use the public sidewalk, which is maintained by the Village and is safe. The safety of our tenants and visitors is a priority. Sorry for any inconvenience."
This Week's Sales:
5 Brayton Road: Charming Greenacres Colonial, completely rebuilt in 2003. The home features 4 fireplaces, 6 bedrooms, and 5.5 baths. New kitchen, windows, wiring and plumbing.
Sale Price: $1,225,000
Real Estate Taxes: $30,272
29 Quentin Road: Heathcote Colonial situated on a quiet street. The home features 4 bedrooms and 3.5 baths.
Sale Price: $996,500
Real Estate Taxes: $27492
168 Delhi Road: A beautiful Edgemont Tudor with interior Colonial flair. Living room with fireplace. Three bedrooms, 2.5 baths and a renovated kitchen, On .1148 acres.
Sale Price: $742,000
Real Estate Taxes: $18,883
16 Bretton Road: Brick and shingle colonial. The home features 4 bedrooms and 3 baths. Located on .14 acres, the home has 2,151 square feet of interior space and also includes a 2-car attached garage.
Sale Price: $735,000
Real Estate Taxes: $22,903
73 Brown Road: Sun-drenched Fox Meadow Tudor with 3 bedrooms and 1 bath. With .16 acres of property and 1,472 square feet the house has a deep flat back yard.
Sale Price: $709,500
Real Estate Taxes: $14,700
Featured Listing: 19 Cushman Road, Scarsdale
Fabulous brick colonial on prestigious Heathcote street built by Cum Laude Group. This nine-year-old home has magnificent details and features throughout. In addition to the four bedrooms and four and a half baths, there is a Crestron system, smart Radio Ra Lutron system. The kitchen has a 48 Wolf stove, convection oven, two Asko dishwashers, Sub-Zero refrigerator and separate drawers. Butler's pantry includes wine refrigerator and ice maker. The master with fireplace and outfitted walk-in-closet and spa bath. 1,800 square feet in lower level with full bath is included. Click here to learn more.
List Price: $2,350,000
Featured Listing: 30 Heathcote Road, Scarsdale
Bright, magnificently maintained and improved Tudor in Heathcote. Its magical curb appeal with circular driveway doesn't disappoint when you walk in the door. There is easy access to the rear patio with built-in grill and pool with spa and tennis court from the kitchen/family room, dining room and living room. The kitchen/family room was designed by Alisberg/Parker in 2005, new slate roof, newly landscaped and more. Click here to learn more.
List Price: $4,250,000
Poised for Demolition
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Whi
le residents continue to express concerns about over-development and flooding the Scarsdale Committee for Historic Preservation is receiving a steady flow of applications to tear down existing homes. In most cases these modest homes are replaced with larger models that expand the footprint, cause trees to go and exacerbate the Village's storm water issues.
On Tuesday May 21 at 8 PM, the Committee for Historic Preservation will consider the four following homes. If they are not found to have historic merit they will be torn down:
- 50 Harvest Drive built in 1951
- 24 Herkimer Road built in 1940
- 7 Lebanon Road built in 1950
- 15 Circle Road built in 1920
This Week's Sales:
106 Carstensen Drive: (pictured above) Completely renovated Tudor home on a cul-d-sac in Fox Meadow. Updated kitchen with granite island and countertops, marble master bath, Pella windows and sliding doors, new/refinished hardwood floors, new landscaping and b-ball court in driveway!
Sale Price: $1,250,000
Real Estate Taxes: $22,974
3 Well House Close: A five-bedroom center hall Colonial located at the end of a cul-de-sac on .64 acres in the Mamaroneck Strip. Includes 3,500 square feet of interior space, 5 bedrooms, 4.5 baths, a large level backyard and stone patio. Sale Price: $1,175,000
Real Estate Taxes: $38,770
15 Elm Road: Sun-filled bright brick colonial on .13 acres in Greenacres home. Features 3 bedrooms and 2 baths and an attached garage.
Sale Price: $755,000
Real Estate Taxes: $17,238
169 Bradley Road: Bright and sunny three-story home with ,new eat in kitchen/family room. Three bedrooms on second floor and large playroom on third floor. Finished basement with laundry and door to yard. Two-car garage.
Sale Price: $672,500
Real Estate Taxes: $13,199
Featured Listing: 18 Eton Road, Scarsdale
Beautiful sun-filled Colonial in Estate Section-Grange of Greenacres. Situated on 1.14 acres of private property. Enjoy the heated pool and large patio right off the gourmet kitchen and family room. Gorgeous two story entrance foyer, incredible master bedroom suite with balcony and lower level with gym, laundry, game room and wine cellar. The perfect home for entertaining. Click here to learn more. List Price: $3,295,000
Featured Listing: 8 Sundale Place, Edgemont
Gorgeous, spacious and bright center hall Colonial on nearly 1 acre of lush, landscaped property with beautiful Shoreline pool. All rooms are generously proportioned with a flow allowing for both large and small gatherings and individual needs. Situated in a tranquil setting on a beautiful street, this home though only 32 minutes to NYC by train, seems a million miles away. 9' ceilings on first floor, 3-car garage, courtyard entry for cars, office on 2nd floor can be a 6th bedroom. Click here to learn more. List Price: $2,998,500
Going, Going, Gone
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Another big week for sales in Scarsdale and Edgemont: Here's what sold:
28 Oxford Road: Beautiful Colonial located on a lovely tree lined street in the Grange in Greenacres. The home features an elegant entrance hall with a curved staircase, a formal dining room, 6 bedrooms, and 4.5 baths. On .585 acres, the home also includes a large backyard with a patio, a wine cellar, and 3 fireplaces.
Sale Price: $1,740,000
Real Estate Taxes: $49,056
9 Old Lyme Road: A sun filled, expanded ranch on a quiet street. The home is on .46 acres of property, as well as 5 bedrooms and 4 bathrooms. Wired for a home theatre, and includes a gourmet designer kitchen featured in Westchester Magazine.
Sale Price: $1,680,000
Real Estate Taxes: $37,464
51 Fayette Road: A sparkling young colonial in Heathcote. With 4 bedrooms and 2.5 baths. Finished basement, an oversized 2-car garage and a level yard.
Sale Price: $1,241,500
Real Estate Taxes: $28,027
180 Fort Hill Road: Newly renovated Edgemont colonial home. The home includes 5 bedrooms and 3.5 baths. On .48 acres of beautifully landscaped and private lush grounds with a heated pool.
Sale Price: $1,220,000
Real Estate Taxes: $37,767
175 Underhill Road: Sunny Colonial off a charming private road with a park-like 1.01 acres of property. Six bedrooms and 4.5 baths. Also includes a beautiful pool and an extra large family room.
Sale Price: $1,150,000
Real Estate Taxes: $41,945
3 Pheasant Run: A large spacious contemporary Edgemont home with 4 bedrooms and 3.5 baths. Full finished basement, a pool, a beautiful stone fireplace, and .412 acres of property.
Sale Price: $1,100,000
Real Estate Taxes: $32,800
39 Lynwood Road: Spectacular Edgemont classic Colonial. Completely renovated, 3 bedrooms and 3 baths. The home's original details such as the plaster walls, Mediterranean roof and oak floors have been preserved. On .1189 acres, the home offers living space on three different levels.
Sale Price: $1,030,000
Real Estate Taxes: $21,210
44 Carman Road: A picture perfect Edgewood Colonial home on .11 acres. The beautifully maintained 3 bedroom, 2 bath home offers access to a fenced yard and garden, adjoining the comfortable eat-in-kitchen. One-car attached garage.
Sale Price: $749,000
Real Estate Taxes: $13,243
200 Old Army Road: Three bedroom, 2 bath split-level home with a circular drive way and spacious entry foyer. On .246 acres of property with Jacuzzi and a fabulous family room with French doors that open onto a wood deck overlooking lushly landscaped private property.
Sale Price: $730,000
Real Estate Taxes: $22,070
Featured Listing: 30 Heathcote Road, Scarsdale
Bright, magnificently maintained and improved Tudor in Heathcote. Its magical curb appeal with circular driveway doesn't disappoint when you walk in the door. There is easy access to the rear patio with built-in grill and pool with spa and tennis court from the kitchen/family room, dining room and living room. The kitchen/family room was designed by Alisberg/Parker in 2005, new slate roof, newly landscaped and more. Click here to learn more.
List Price: $4,250,000
Featured Listing: 186 Griffen Avenue, Scarsdale
Circular drive leads to this unbelievable Colonial and Carriage House on 1.43 acres looking out at golf course. Gunite heated pool with mechanical cover. New gourmet kitchen and renovated baths. Architectural details include moldings, original wood beams, 4 fireplaces, French doors, beautiful hardwood floors and built-ins. Full house generator, new furnace, new roofs and many new windows. Carriage house with beadboard walls, 12 ft ceiling and upstairs 2 bedrm/1 bath apartment with rental capabilities. Enjoy amazing sunsets. Click here to learn more.
List Price: $2,225,000
Market Overheats in Scarsdale
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The experts concur – it's a banner year for home sales in Scarsdale. We checked in with three local agencies for their observations on the Spring market and here is what they had to say:
Zach Harrison:
Platinum Drive:
"This is the strongest real estate market I have seen in Westchester since 2006. Bidding wars have been commonplace, driven by low interest rates and a lack of inventory."
Linda Roth
Coldwell Banker:
This spring is an exceptional time to sell real estate in Scarsdale/Edgemont and surrounding communities. In addition the national real estate market is also showing strong growth. The combination of lack of inventory, an improving economy and historically low interest rates has brought out large numbers of purchasers, which in turn bring multiple offers, many over the asking price and with excellent terms. As always, lower Westchester with its convenient location leads the market.
Lewis Arlt
Houlihan Lawrence:
Looking out the rear view mirror at sold properties in Scarsdale, we see an up-tick of 9.3% year-to-date (from 43 last year at this date, to 47 this year). And an increase of 11.7% year over year from May 6, 2012 (206 sold) to May 6, 2013 (230 sold). The median sale price stands at $1.246M year to date, compared to $1.285 last year at this time. (a 3% drop, statistically not very significant). The good news is prices remain relatively stable and sales are moving forward at a healthy pace.
Peering out the windshield at pending business, we can see a very healthy ratio of active listings to pending deals. The 112 currently active listings (a 19% decrease compared to 2012 at this time) is well balanced by 82 deals in contract, compared to 76 last year – nearly 8% more. Decreased inventory across the region has fueled higher prices as more buyers compete for fewer homes. This phenomenon has led to some highly competitive bidding and sale prices exceeding expectations, most evidenced in the $700,000-1,500,000 price range. Rates are low, consumer confidence is strong, and we are currently on pace to record more sales this year in the village than in a decade.
Sales:
18 Split Tree Road: (Pictured above) A prestigious Quaker Ridge colonial. The home features 5 bedrooms and 4.5 baths. The newly constructed home also boasts an open floor plan, large level backyard with room for a pool, 2 story entry, and .46 acres of property.
Sale Price:$2,310,000
Real Estate Taxes: TBD
32 Sage Terrace: Sunny Greenacres Colonial. Set on .44 acres, the home features a large deck overlooking an even larger flat backyard. There are 6 bedrooms, 3.5 baths and a 3-car garage.
Sale Price: $1,700,000
Real Estate Taxes: $26,960
73 Brewster Road: Stately Fox Meadow Tudor features gracious rooms, hardwood floors, over-sized sunken living room with charming alcoves (one with wet bar), and leaded windows with stained glass detail. Five bedrooms, 4.5 baths, plus a billiard room. Situated on .3 acre lot.
Sale Price: $1,457,000
Real Estate Taxes: $34,596
Featured Listings:
107 Brambach Road, Scarsdale, 
Move right in. Bright and sunny 2002 Colonial. Incredible location, walk to Scarsdale train station and Village shopping, bus to Elementary School and Middle School. Great layout and floor plan, entrance hall, powder room, living room, formal dining room, large dine-in-kitchen, family room with fireplace, door to patio and yard. Second Floor master bedroom with 2 closets and bath, plus 3 additional bedrooms and a hall bath. Lower level playroom and laundry, 2 Car Garage, 2 zone heat and air, hardwood floors throughout. Click here to learn more.
List Price:$1,199,000
7 Bethel Road, Scarsdale
Incredible location in the heart of Murray Hill. This 1921 Colonial is situated on a dead end street on 1.2 glorious acres. Wonderful Setting with great sun exposure throughout the house and property. Open and spacious layout with entrance foyer, living room with fireplace, large dining room, sun porch, family room, modern dine-in-kitchen with butler's pantry, mudroom, laundry room, backstairs to guest room with bath, Master bedroom with updated bath, three additional bedrooms and hall bath. Close to High School, train and village. Click here to learn more.
Listing Price:$2,700,000
21 Barclay Road, Edgemont
Appealing, light filled Colonial with lovely detail and wonderful space. Gorgeous curb appeal and a location convenient to schools and the Scarsdale train station make this home an irresistible package. Classic living, dining and family rooms, updated dine-in-kitchen with new appliances grace the first floor. There are 4 bedrooms and 2 baths on the 2nd floor. Finished basement playroom and a great deck. New roof and furnace. Desirable street in Old Edgemont. Click here to learn more.
List Price: $1,199,000
15 Kolbert Drive Scarsdale
Beautiful custom stone and shingle Colonial renovated with the finest material and craftsmanship. Magnificent gourmet kitchen with state of the art appliances, walk out play room and gym, walk-in cedar closet in Bessler attic. Gorgeous landscaping, masonry, stonework, screened in porch, patio and so much more. Situated on .49 private acres backing Winged Foot Country Club. Room for a pool. Move right in. Click here to learn more
List Price: $2,525,000
