Yonkers, NY Real Estate News

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
YONKERS - the biggest development project on the Yonkers waterfront is officially on the drawing boards and could break ground in about a year. The Plans for a $900-million project on the city's waterfront. Which includes the 14.6-acre former BICC Cable site project site. The project calls for the development of 1,124 housing units in four high-rise buildings and a number of townhouse units. The four towers would be 33, 26, 39 and 26 stories tall under the preliminary plan now before the city.    The project is designed by Perkins Eastman of New York City. "This is the best proposal to get the density we need and to make the project economically viable," Tartaglia said.   The plan also includes 54,000 square feet of office space, 40,000 square feet of retail space, 142 marina wet slips ...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
YONKERS-$3 billion worth of development projects along the Yonkers waterfront is a major initiative planned at one of the more storied properties in the city -- But the Cross County Shopping Center is Located behind the redeveloped Yonkers Raceway and new Empire City at Yonkers Raceway video gaming development .The Cross County Shopping Center is believed to be the first open-air community shopping center developed in the United States. The Cross County Shopping Center has made some revisions to its $250-million improvement plan. The owner has decided to go away from new big-box oriented space and add new multi-tenant buildings  geared to smaller tenants. Macy's, one of the property's chief anchors, is looking to expand its more than 250,000-square-foot store by another 75,000 square fe...
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115-119 Morningside Avenue   Rehab/Teardown opportunity priced to sell at $675,000. Legal 6 familylocated in North West Yonkers. Adjacent 50 x 100 lot for sale for$175,000. Great for parking or to build an additional multi-familyhome.Please call Robin Lynch, Teardowns.com, at 914-315-6182 or email me at rlynch@teardowns.com.
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
Are they going to build the damn thing or what?! The discussion never seems to end. On Sunday there was an article in the Journal News featuring the debate over the future of downtown Yonkers. The discussion was the second of 2 public hearings on the project's(The $1.6 billion Struever Fidelco Cappelli redevelopment plan of Downtown Yonkers) draft environmental impact statement. There were over 70 Yonkers residents who attended the hearing to voice their concerns. There were 2 residents featured in the article. Donna moved to Yonkers when she was 2 years old and hasn't moved since, Michelle moved to Yonkers from Brooklyn in 1990 and has no plans of moving. Surprisingly their stances on the project are different and both have valid concerns.  I must side with Donna on this one. Although ...
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
We are almost there...Yonkers residents will get an additional 2 1/2 weeks to comment on the Struever Fidelco Cappelli $1.6 billion redevelopment plan of Downtown Yonkers. This plan entails the development of over 500 acres of the city. The goal is to reposition Yonkers as a regional destination, employment center and vibrant urban environment. AMAZING!Mayor Phil Amicone doesn't seem to be too happy with the delay by the City Council. The mayor had called for the City Council to move on the project "as quickly as possible".  I agree... City Council President Chuck Fresnic hopes the delay will give American Sugar Rifining the time it needs to complete its study. American Sugar Refining operates the Domino sugar plant on the Hudson River in Southwest Yonkers. The problem is that this plan...
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By Ruthmarie Hicks
(Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605)
Here is a lovely top floor unit  in  a desirable pet-friendly complex in Yonkers, NY.  Just a short 6 minute walk to the Fleetwood Station on metro-north.  It is a 1 BR/1BA unit with an ample 850 Sq. ft. of living space.  It is close to transportation, highways and shopping. A Starbucks is scheduled to open on the block.  So the area is becoming increasingly upscale. The complex was built in 1925 in the desirable pre-war style.  The complex has lovely gardens and a newly paved parking lot. The unit itself has been renovated as Soho chic but takes into account the classic features the complex has to offer.  There is exposed brick in the living area with an open pass through to the kitchen creating a very open floor plan and a feeling of space. California closets provide ample storage.The...
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
The proposed Struever Fidelco Cappelli redevelopment of Yonkers' downtown/waterfrontdistrict has caused sellers of commercial property in that zone to be a bit unrealistic in there pricing. Peter G. Klein, vice president of Fidelco Realty Group, said the developers have the property deals in place for the first phase of the $1.56 billion project but are assessing other sites for future development.Will Yonkers stubborn landowners prevent future development in the area? One land owner was quoted to have asked for $2 million for .75 acres of land on Warburton Ave that lacked water views. CRAZY! Klein was also quoted he was unwilling to pay a premium today for property he would develop later. Could Yonkers end up looking like this in 5 years after all the developers have run out of money?I...
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
 As if the budget deficit isn't enough, Westchester County is asking Yonkers residents to fork over an additional 23.6% in tax dollars. The increase can be attributed to the Westchester 2008 Budget and a spike in property values. Westchester County is a pretty complex county when it comes to calculating home values. Since each municipality has its own unique way of calculating values, the county has implemented a unique formula, a.k.a. the state equalization rate. Maybe I am a bit naive, but Yonkers has one of the lowest Median Household Incomes (As of 1999, and I understand its a city), how could this be?...Yonkers, Peekskill, and White Plains round out the top 3 in tax increases for Westchester County. Comments and Suggestions are always welcomed...MICHAEL A. BROWN - REALTOR® WESTCHES...
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
 The Yonkers Budget is due the middle of next month and its not looking too good. New York State is facing a $5 billion budget deficit, America is singing recession, and I spend more money on gas than food. Insane!!The City of Yonkers could become a city in jeopardy if it doesn't get any help from the state, home owners, President Bush, Yonkers Raceway, or for God's sake, anywhere! LOL. My biggest concern is the school district budget which predicts a short fall of $22 million and more than 400 layoffs. Also Insane!! The city plans to throw its weight around using its teacher's union, the fourth-largest in the state, to lobby on its behalf...Is the casino adding any revenue to the city? What about all of the new construction projects? Help...Comments and suggesttions are always welcome....
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
  I think the NY Times read my last blog  (check it out here)..."The Metro-North station has been restored to its 1911 Beaux Arts self; its reputation as a locus for prostitution and drug dealing is now a memory. Leading out to the water, a Victorian-era pier - less than a decade ago a site where homeless people gathered - is a New York Water Taxi embarkation point for Wall Street. It is also home to a glass-enclosed 260-seat restaurant overlooking the Palisades and other Hudson River marvels"To read more from the NY Times article featuring the development in Downtown Yonkers, see link below:Living In Yonkers:  The Waterfront DistrictPicture Slide Show of the Waterfront in Yonkers The opening sentence describes the progress very well "LIKE a caterpillar undergoing a metamorphosis, the d...
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By Michael Brown, Your Goals Are MY Goals!
(KELLER WILLIAMS NY REALTY )
I love the City of Yonkers! As the 4 largest city in New York State (by population as of 2005) it has so much to offer. It has loads of businesses, industrial entities, shopping and entertainment. It is also one of the closest cities in Westchester County to NYC. On Feb. 26th, 2008 Mayor Amicone hosted a public forum on downtown development in Yonkers which I regretably missed, outlining the future of Yonkers. Featured were the  plans for a state-of-the-art ballpark at chicken island and the opening of Saw Mill River. Downtown Yonkers is amazing, it has really come a long way. Awesome new restaurants, shops, metro north station uplift and tons of great waterfront coops/condos and homes. Blocks that have been known for late night summer hang outs are ghost towns at dusk. I still wonder w...
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By Ruthmarie Hicks
(Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605)
 What do these dogs have in common?  No, they aren't all mine  - I may be crazy about dogs, but I'm not that crazy - although I do claim Buddy - the blue eyed dog as my own.  These dogs were all adopted from shelters or could have easily ended up in shelters.  The Yonkers Animal Shelter has almost 90 dogs in residence right now and many do not have blankets to keep them warm.  For Westchester residents who are reading this blog - if you have extra old blankets you are no longer using, could you drop them off at the drop off box at the A& P at 660 McClean Ave. Yonkers, NY from Dec.29th-Jan13th. Alternately, you can go to the shelter and drop them off there (120 Fullerton Ave - off Midland Ave.)                             
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Yonkers, The Largest city by population in the County of Westchester, with over 1000 Professional Real Estate Agent and over 100 Real Estate Firm is experiencing a large amount of rental units throught out the whole city, due to the large amount of Foreclousure lots of homeowner that unfortunatellly could not afford their mortgage payment are choosing toward rental. an average of $1000 per month for One Bedroom Apartment, $1300 for a 2 Bedroom 1 Bath on a Private Multi-Family Home and a 3 BR 2 Bath can go up to $2500 or even $3,000.00 Monthly. The Rental Market is Hot and is our responsibility to educate the Tenants, Landlords and Remind ourselves our fiduciary duties responsibilities whenever we are in a Real Estate Transaction.
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Take a 3 hour cruise up and down the Hudson River, and enjoy the breathtaking views of the area's fall foliage. The Autumn Cruise on the Hudson is a special program established by the NY Water Taxi. The goal is to provide families and residents a fantastic day of the outdoors while cruising on the Hudson River during the fall foliage season.    The 3 hour cruise tours will be conducted only on Saturdays and Sundays. The tours will commence on October 20, 2007, and end on November 11, 2007. Each tour departs from Yonkers Pier at 2:00 PM and will travel north to Bear Mountain and then return to Yonkers Pier at 5:00 PM. Space is limited so visit: www.nywatertaxi.com for more details and to obtain tickets.
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By l Mancuso
(Prudential)
Condo/Townhome/Coop Property, Area: Yonkers, County: Westchester, Year Built: 1960, Swimming pool(s), Laundry room Property FeaturesCondo/Townhome/Coop Property Area: Yonkers County: Westchester Year Built: 1960 2 total bedroom(s) 1 total bath(s) 1 total full bath(s) Approximately 950 sq. ft. Type: Attached Style: Highrise Laundry room Swimming pool(s) Heating features: Hot Water Interior features: Window Cooling, Storage Room, Ceiling Fan, Dishwasher, Intercom, Microwave, Range, Refrigerator, Wall to Wall Carpet, Sheetrock Walls Inclusions: Light Fixture Exterior features: ADA Access, Close to Bus, Close to Shops, Elevator, Park/Playground, Mailbox, Screens, Assigned Parking Exterior construction: Brick Energy Info: FUEL TYPE: Oil School District: Yonkers close to train 25 minutes to N...
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By Sharon Sauer, ABR
(Realty Masters Co.)
Grand Strand relocation expert. Come live at the Beach the best of both worlds. buyers and sellers welcome.Sharon Sauer - 843-241-5225 - lovebeachliving@aol.com 
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