Who's building, selling, buying, and who's profiting from our favorite contact sport: real estate
Jan 15, 2013
Klaff’s Winter Sale in Scarsdale; Winter Antiques Show in Manhattan
Plus: House of the Week: Katonah Contemporary and encouraging fourth quarter housing market report
House of the Week: Katonah Contemporary
Annual property taxes: $19,141
281 Todd Rd, Katonah
“This property is all about indoor/outdoor living,” says listing agent Amy Smith Sroka. “The house sits on hill surrounded by nature, making it feel like you’re in another world. And the floor-to-ceiling windows and sliding glass doors in the back enhance that feeling.” The home’s contemporary design is not only visually striking, but highly flexible, allowing for multiple creative options for using the living space, such as the two family rooms—one on each floor. The unique interior layout also features soaring wood beam ceilings, an updated sleek skylit kitchen, spiral staircase, and places three bedrooms on the first floor and a master bedroom suite on the second level with a private deck and beautiful views. The property has an unusually long driveway, but it’s worth it when you reach the treasure at its end. For more information, contact Julia B Fee Sotheby’s International Realty listing agents Amy Smith Sroka at (914) 523-0678 or Joanna Rizoulis at (917) 359-7885, or visit www.sothebysrealty.com.
Encouraging 4Q Housing Market Report
The news in Westchester’s housing market continues to be encouraging, reflecting a continuing stability overall, according to Douglas Elliman’s newly released Fourth Quarter 2012 Market Report. Among the report’s notable highlights:
- Westchester housing prices remain stable;
- Luxury prices (with a median sales price of $2.15 million) continue to outperform the overall housing market;
- The listing inventory is decreasing (down 13.2% from this time last year) thanks to increased sales (up 26.3% from a year ago) and record low mortgage rates.
- The number of single-family home sales rose 31.1% from fourth quarter 2011.
Annual Winter Antiques Show
The prestigious Winter Antiques Show, known for its exceptional pieces vetted for quality and authenticity, will celebrate its 59th year with new exhibitors and a loan exhibition that showcases fine art from eight historic Newport mansions during its annual run from Friday, January 25, through Sunday, February 3, at the Park Avenue Armory (643 Park Ave at 67th St, Manhattan). Sponsored by J.P. Morgan and Chase Private Client, the show that caters to museums, collectors, dealers, design professionals, and general buyers, features pieces from 73 exhibitors who are specialists in American, English, European, and Asian fine and decorative arts. All net proceeds will benefit the East Side House Settlement, a South Bronx non-profit that provides social services to community residents. The event kicks off with a $2,500 per person (of which $2,425 is tax deductible) mix-and-mingle Opening Night Party chaired by Kelly C. Coffey, head of New York City Private Bank, J.P. Morgan, and Barry Sommers, CEO, Chase Wealth Management, on Thursday, January 24, from 5 pm to 9 pm, that also gives a first look at the featured collectible art and antiques. The $20 daily ticket price for admission (from noon to 8 pm, Sundays and Thursdays noon to 6 pm) includes an official show catalogue. For more information or to purchase daily or special event tickets, visit www.winterantiquesshow.com.
Klaff’s Winter Storewide Sale
The spectacular sales continue. The latest—Klaff’s Winter Storewide Sale runs through February 28, at all of its stores, including Scarsdale (341 Central Ave) and its Danbury and South Norwalk clearance centers. What better time to take advantage of 20- to 50-percent discounts on lighting, bath design products, decorative hardware, and tile and stone. And who knows, you just might qualify for $5,000 off a new kitchen. For more information, visit www.klaffs.com.
We welcome information about fascinating homes on the market or real estate/home-related news and events—send to Karen Odom at firstname.lastname@example.org.