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Late last week, I logged onto the MLS and received quite a surprise. No less than 10 new listings at Trump Tower and an additional 3 new listings at the Ritz Carlton. Some were at very competitive prices.
Did 10 families living at Trump suddenly say “I’m outta here?” No. All save one of these listings trace back to Mr. Cappelli’s headquarters in Valhalla. The last units that have not been sold are on the market now. Most of these units were on the market at various times over the past four years. This time, the asking price has been reduced significantly. They range from $565k – $1.449 million.
Added to the 10 listings already on the market at Trump (most of them resales) this doubles the number of listings currently on the market. Since only five units have sold so far this year – with two currently under contract, these new listings create an inventory overhang of about 26 months at Trump. Taking the downtown collectively, including Trump Tower the Lofts and the listings at the Ritz Carlton – the high end downtown condo market in general has about 19 months of inventory overhang.
People trying to sell to sell their units in the resale market have a tough road ahead. This amount of inventory can definitely be an issue because buyers will have plenty to pick from and can afford to be choosy. If you are selling under these conditions you need to price your unit realistically. For buyers, this is an opportunity. The prices have been trending downward. With this inventory on the market, and prices lowered -the entry point at Trump has never looked better.
White Plains NY Housing Market Statistics – Second Quarter 2010
White Pains NY Housing Market Statistics – First Quarter 2010
To Search for Homes and for further information go to my website/blog with free home search at The Westchester View.
I am always happy to answer your questions and you can speak to me directly on my moble phone: 914-374-5529.
© 2010 Ruthmarie G. Hicks – http://thewestchesterview.com – All rights reserved.
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The weekend is rolling around again and it is time for me to put up another Westchester events calendar. Here are some nice events for a sultry summer weekend! The number and variety of Westchester County events always ensures that residents will never be bored.
Open Gym
The County Center is open to high school students for basketball, foosball, board games, knock hockey and general socializing
6 p.m. to 10 PM – Free to all
Westchester County Center
198 Central Avenue
White Plains, NY 10606
(914) 995-4050
New Rochelle Farmers’ Market
Huguenot Street and Lawton Street
FRIDAYS 8:00 AM TO 3:00 PM
Movie in the Park – Monsters vs. Aliens
9PM
Crossway Park
Mamaroneck Rd. and Crossway
Playland’s famous fireworks display
Friday 9:15 p.m. – Parking $5
Playland Park
Playland Parkway
Rye, NY 10580
(914) 813-7010
Tarrytown Farmers Market
Next to the Tarrytown Public Library,
121 N. Broadway 8:30 AM – 1:00PM
Larchmont Farmers Market
Metro North Parking Deck #3 just off Chatsworth Ave.
Scarsdale Farmer’s Market
9 AM – 1:30 PM
1 Christie Place – Scarsdale
Hartsdale Farmers’ Market
Hartsdale Train Station 8:30 AM – 1:00 PM
Midsummer Night Music with Ridgefield Symphony Orchestra.
Featuring the “Purely Classical.”
Saturday 6 p.m. to 8 p.m. but park opens at 5 PM for picniking
$17 Adults; $12 Senoirs; $7 Children 5-12; under 5 free.
Net proceeds to Conservatory fund.
Lasdon Park, Arboretum & Veterans Memorial Route 35 – Somers 914- 864-7268
Night by Moonlight
Discover the world of the night – the sounds and sights along the meadow and down to the salt marsh
8:30 PM – Free
Marshlands Consevancy
Route 1 – Rye NY 10580
914-835-4466
Rye Farmers Market
Parking Lot 2 on Theodore Fremd Ave.
Behind the Purchase St. Stores.
8:30 AM – 2:00 PM
Hispanic Heritage Celebration
Ethnic food, dance, music, entertainment along with arts and crafts.
Noon-7 PM
Kensico Dam Plaza
Bronx River Parkway – Valhalla NY
914-864-PARK
White Plains Farmers Market
8 AM – 4 PM
Court & Quarropas St. White Plains
Summer Movie Madness – The Blind Side (PG 13-1009)
Admission Wristbands available – Bring blankets or chairs. Barbecue with hot dogs, hamburgers, salads.
7 PM – $15
Glenn Island Beach
Weyman Ave. New Rochelle NY 914-813-6720
Playland’s famous fireworks display
Friday 9:15 p.m. – Parking $5
Playland Park
Playland Parkway
Rye, NY 10580
(914) 813-7010
Dancing Under the Stars – Motown Sounds
7-9 PM
Renaissance Plaza – White Plains
To Search for Homes and for further information go to my website/blog with free home search at The Westchester View.
I am always happy to answer your questions and you can speak to me directly on my moble phone: 914-374-5529.
©2010 – Ruthmarie G. Hicks – http://thewestchesterview.com – All rights reserved.
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Here is your weekend Westchester events calendar. There is certainly plenty to do this considering that it is a relatively quiet summer weekend. Westchester county events always have something for everyone.
Open Gym
The County Center is open to high school students for basketball, foosball, board games, knock hockey and general socializing
6 p.m. to 10 PM – Free to all
Westchester County Center
198 Central Avenue
White Plains, NY 10606
(914) 995-4050
Flint Park Concert
July 15, 2010, 7:15pm–9:00pm
Flint Park, Bronson Ave & Locust Ave, Larchmont
Wine-coupled dinner
July 15, 2010, 7:00pm
Plates Restaurant, 121 Myrtle Blvd, Larchmont
New Rochelle Farmers’ Market.
Huguenot Street and Lawton Street
FRIDAYS 8:00 AM TO 3:00 PM
Tarrytown Third Friday.
An opportunity to explore this unique River Town in lower Westchester. Stores offer specials and there are often special booths and tables. Fun for the whole family. Website: http://www.tarrytownthirdfriday.com
Playland’s famous fireworks display.
Friday 9:15 p.m. – Parking $5
Playland Park
Playland Parkway
Rye, NY 10580
(914) 813-7010
Renaissance, a 1970s rock band and the Steve Hackett Trio will be performing separate sets.
Tarrytown Music Hall
http://www.tarrytownmusichall.org
Phone: (877) 840-0457
Price: $45 – $70
Main St & N Broadway, Tarrytown, NY 10591
5:00pm–9:00pm
Tarrytown Farmers Market.
Next to the Tarrytown Public Library, 121 N. Broadway
8:30 AM – 1:00PM
Larchmont Farmers Market.
Metro North Parking Deck #3 just off Chatsworth Ave.
8:30 AM – 1:00 PM
Hartsdale Farmers’ Market.
Hartsdale Train Station
8:30 AM – 1:00 PM
White Plains Clean & Green.
A collabortion with White Plains Mayor Bradley and the BID (business improvement district) will showcase environmental technologies and initiatives.
11:00 AM – 3:00 PM – Mamaroneck Ave – between Martine & Main St.
Sidetrack Jazz at Cafe Mozart.
7:30-10:30 PM – 308 Mamaroneck Ave. Mamaroneck NY
Midsummer Night Music with Ridgefield Symphony Orchestra.
Featuring the “Fabulous Strings.”
Saturday 6 p.m. to 8 p.m. but park opens at 5 PM for picniking
$17 Adults; $12 Senoirs; $7 Children 5-12; under 5 free. Net proceeds to Conservatory fund.
Lasdon Park, Arboretum & Veterans Memorial
Route 35 – Somers
914- 864-7268
Rye Farmers Market.
Parking Lot 2 on Theodore Fremd Ave. Behind the Purchase St. Stores.
8:30 AM – 2:00 PM
New Rochelle Humane Society Dog Wash.
10:00 AM –3:30 PM
70 Portman Rd, New Rochelle, NY
Lots of fun – for pampered pooches including microchipping and clipping. Ask the trainer booth, food, Good Citizen Canine test offerred and a mobile vet. There is also a police dog demonstration. Rain date July 25.
Farm to Table: Fruit.
Stone Barns Center for Food & Agriculture, 630 Bedford Rd, Tarrytown
11:00 AM – 1:00 PM
Harvest berries and herbs from the terrace garden. See the hens to collect eggs and then cook everything as a fresh snack in the Resource Center. Recipes provided. 914-366-6200
Polish Heritage Celebration:
12:00-6:00 PM Kensico Dam Plaza
© 2010 Ruthmarie G. Hicks – http://thewestchesterview.com – All rights reserved.
Ethnic food, music, dance and general entertainment
Bronx River Parkway – Valhalla 914-864-PARK
Family Fun Night.
Stephen E. Johnston Beach – Harbor Island Park – Mamaroneck
7:00-10:00 PM
Dance under the stars – live music. Kayaking, volleyball, food available and a sprayground and smores for the kids.
To Search for Homes and for further information go to my website/blog with free home search at The Westchester View.
I am always happy to answer your questions and you can speak to me directly on my moble phone: 914-374-5529.
© 2010 Ruthmarie G. Hicks. http://thewestchesterview.com. All Rights Reserved.
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