Buying and selling real estate in the communities of Long Island
BloggersValerie Kellogg Kristin Lavin Taveira Maura McDermott Lisa Doll Bruno
Being near public transportation can help retain a home’s value, according to a new study released Thursday by the American Public Transportation Association and the National Association of Realtors.
The study — “The New Real-Estate Mantra: Location Near Public Transportation” — looked at how well residential properties near high-frequency public transportation retained their value during...Read more »
Originally the superintendent’s house of the Otto Kahn Estate in Cold Spring Hills, this 11-room Colonial is on the market for $999,000.
Built in 1917, it’s one of five residences dating back to the beginning of the estate, says Gayle Snyder, associate broker of Coach Realtors in Huntington, who is marketing the home. It was designed by Delano & Aldrich, the same architects who created...Read more »
A Long Island congressman is calling for the Federal Emergency Management Agency to help co-op and condominium developments rebuild after natural disasters such as superstorm Sandy.
FEMA gives grants of up to $31,900 to owners of individual co-op or condo units, to help them pay for repairs. However, common property such as boilers, belongs to the association that manages the development,...Read more »
Newsday's LI Home editor Valerie Kellogg appeared on News 12 Long Island Tuesday, as she does every Tuesday around 7:15 p.m., to talk about three high-end homes on the market. Here's the clip, in case you missed it, with a list below of the agents representing each of the properties. To see past segments, click here.
The Enzo Morabito Group, Douglas Elliman Real Estate,...Read more »
The number of Long Island homeowners whose mortgage debt surpassed their homes' value surged last year.
Nearly 1 in 10 Long Islanders with mortgages -- 9.9 percent, or 53,639 households -- owed more than their homes were worth at the end of 2012. That share was up 3.1 percentage points from the same time in 2011, when 36,594 households were "upside down" on their mortgages, according...Read more »
Long Island’s housing market perked up a bit last month, as buyers continued to shake off the impact of superstorm Sandy.
Nassau County saw a small uptick in home prices and sales compared to the previous February, according to a report released Thursday by the Multiple Listing Service of Long Island.
In Suffolk County, the number of sales fell year-over-year and prices remained stagnant....Read more »
POPE HOUSE. What does a manor house in Old Brookville have in common with the Jefferson Memorial in Washington, D.C.? Both were designed by renowned architect John Russell Pope. In fact, Pope designed many stately homes on Long Island’s Gold Coast.
This Georgian manse, named Eventide, is listed for $4,388,888. It was built in 1934 for “grand-scale entertaining,” says Suzanne Wehren, listing...Read more »
Sellers. Richard and Caroline Bock
Address. 42 Beatrice Lane, Old Bethpage
Asking price. $624,000
The competition. Homes with five bedrooms and three baths in Old Bethpage are priced between $459,999 and $899,000.
Recent sale in the area. A four-bedroom, three-bath high-ranch on Rottkamp Place, listed for $629,000, went into contract last month.
Time...Read more »
The custom bamboo fencing around this Valley Stream ranch on the market for $380,000 provides not only privacy but also a different look, says listing agent Maria Squitieri of Douglas Elliman Real Estate.
The property’s fencing was flown in from California and is composed of individual bamboo stalks, which are organized in a neat line.
“It’s pretty much maintenance free,” Squitieri...Read more »
A circa-1867 Shelter Island farmhouse, on the market for $599,000 has quite the tale to tell. It was once part of a larger structure known as the Cobb-Webb house in Shelter Island Heights.
Sometime before 1889, the house was divided into two sections in order to move it to another site. The larger section made it to the final destination, but the smaller section, now the farmhouse, fell off...Read more »