Archive for July, 2010


Today’s House Pick for LeBron

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Tags: , , , ,      Categories: Buying, Luxury Country Properties, Westchester

Dear LeBron,
Now that you are officially a free agent, I’d like to help sway you to the Knicks by finding you a home in the New York area. Westchester County, home to the New York Knicks training facility is our home and we think you’ll like living here also.

The home I’ve chosen for you today is the country estate of the late Brooke Astor, Holly Hill. I’m sure privacy is important to you and this estate is sited on 64 acres in Briarcliff Manor, a village of 7,700 residents located about 30 miles north of New York City.

2934488 1 300x196 Todays House Pick for LeBron

Brooke Astor Estate in Briarcliff Manor, NY

I’ve read that your car collection is important to you, so I’d like to point out that this home has a 5-bay carraige house to house some of your collection. There is also both an indoor and an outdoor pool to keep in shape for the Knicks. The spacious grounds could easily accomodate an outdoor basketball court. There are 10 bedrooms so you have plenty of room for guests visiting you in New York. There is also a 4 bedroom gardner’s cottage which would be perfect for your mother Gloria to live in.

Location is an important factor in choosing a home. The Knicks’ training center is a short 7.7 mile drive. The Westchester County Airport, where the team plane is based,  is 14 miles from here. Madison Square Garden is 34 miles away, but traffic can get heavy on the Saw Mill Parkway into the City, so you should allow at least an hour to get there.

If it’s food you are looking for, Briarcliff Manor has one of the best Steak houses in the county, Flames. You can take Mario Batali up on his offer for free food at his newest restaurant in Westchester, Tarry Lodge, a 30 min drive to Port Chester. Looking to take your sons to the beach? Croton Point Park is minutes away and offers year-round events and activities and has facilities for camping, hiking and swimming. 

I’ll be spending the long weekend looking through our website for other homes that might meet your needs. All of us at Houlihan Lawrence can’t wait to cheer you on with the Knicks.

Tax Credit Closing Date Extension Approved

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Tags: ,      Categories: Buying, Credit, Mortgage, Relocation

capital dome 150x150 Tax Credit Closing Date Extension ApprovedThere has been much confusion and misinformation lately regarding the extension of the Homebuyer Tax Credit closing deadline.

On Tuesday, the United States House of Representatives passed  HR 5623, the Homebuyer Assistance and Improvement Act of 2010, by a vote of 409-5.  But the bill still needed to pass the Senate, and it didn’t seem like such a sure thing.

Well, now it’s official.  Last night, on the eve of the deadline, Congress passed the extension of the Homebuyer Tax Credit closing deadline. The bill is now awaiting signature by President Obama. It’s important to note that the extension applies ONLY to transactions that had ratified contracts in place as of April 30, 2010 and have not yet closed.  This legislation is designed to create a seamless extension with the new closing deadline for eligible transactions now being September 30, 2010.  There will be no gap between June 30th and the date the President signs the bill into law.

The National Association of Realtors worked closely with Congressional leaders on both sides of the aisle to enact this legislation. They believe extending the Tax Credit Closing deadline will help provide additional stability to real estate markets across the Country. This extension will likely benefit thousands of homebuyers who, for whatever reasons, were unable to close by the initial deadline of June 30th.

For additional information on the extension visit www.realtor.org/government_affairs