ossining: Ossining Real Estate Market Report November 2011 - 12/05/11 03:29 AM
Prices are down, but volume is up according to the data for single family homes in the Ossining school district for November 1-30 2011. All information is taken from the Empire Access Multiple Listing Service. 
This past November, 11 homes closed at a median sale price of $332,000. In November of 2010, 8 homes closed at a median sale price of $367,500. 
It is consistent that lower prices would yield a higher volume of closings. With the winter and end of the year coming, more sellers might be willing to discount their price for expediency. I counted several homes that sold considerably below … (3 comments)

ossining: Ossining Real Estate Market Report October 2011 - 11/13/11 03:42 PM
The October real estate closing statistics in the Ossining School district indicate a drop from October of the prior year. 
In October 2011, 7 single family homes sold at a median sale price of $410,000. 
In the same period last year, 11 single family homes sold at a median sale price of $535,000. 
Obviously, this is a precipitous drop in both volume and median price. However, there is an explanation: The number of homes under contract ballooned from 19 last month to a whopping 37 this month. Buyers are indeed signing contracts; they just aren't closing yet.
This could be due … (5 comments)

ossining: Ossining Real Estate Market September 2011 - 10/05/11 10:09 AM
The numbers are in for September real estate closings in the Ossining School district, and they show a significant improvement over the prior September. All information is for single family homes and is sourced by the Empire Access MLS, a wholly owned subsidiary of the Westchester Putnam Association of Realtors. 
In September 2011, 17 single family homes sold at a median sale price of $395,000. 
In the same period last year, 9 single family homes sold at a median sale price of $345,000. 
That is almost a 90% jump in transaction totals and a 14% rise in median sale price. It … (8 comments)

ossining: What Does $741,000 Buy in Ossining, NY? - 09/15/11 11:41 AM
What can you get in Ossining for $741,000? 
If you acted fast, you could have gotten a gorgeous 2002-built colonial in Waterview Estates. Here's what it had under the hood: a level half acre lot backing up to wilderness (General Electric-owned reservoir), exquisite landscaping, a lawn sprinkler system, a wrap around porch and a 2-car garage to start, and we havn't even walked inside. 
Inside: 3600 square feet of living space, 4500 if you included the walkout finished basement. 5 bedrooms, 4.5 baths, with a master suite to die for; a granite and stainless steel gourmet kitchen with an island; a … (6 comments)

ossining: Ossining Real Estate Market, August 2011 - 09/04/11 04:27 PM
This is the market report for Ossining, NY for August 2011. It covers single family homes in the Ossining School District. All data is from the Empire Acess MLS. 
In August 2011, Ossining had 15 closings at a median sale price of $420,000.
In August 2010, Ossining had 15 closings at a median sale price of $436,000.
Both volume and price are holding steady, and this is a fairly siginificant departure from the downward trend of previous periods this year. August of 2010 was in the the stimulus period, so the results this August, which are unaffected by any outside forces … (3 comments)

ossining: Ossining Bakery: Westchester County's Best Bread & Rolls - 08/31/11 04:58 PM
Ask any foodie about New York and you'll know that we have the best bread they've ever had. Local restaurants often boast that they have bread baked from Arthur Avenue in the Bronx, and with good reason. I myself have lived in New Orleans, Austin, Rochester, Philadelphia, Boston and Maryland and appreciated the local offerings (New Orleans has some of the best food in the world!) but always measured bread against the bread from home.  While Arthur Avenue bread and rolls are the world standard in my view, Ossining bakery is right up there. 
Among my fondest childhood memories is when … (21 comments)

ossining: "City" of Ossining? - 08/07/11 03:26 PM
The corporation, or village of Ossining, will be 200 years old in 2013, and our fair municipality was the first village to incorporate in the State of New York. The bicentennial will rightly observe a long, rich history as well as cultural significance from being the cradle of the "up the river" line from old gangster movies to Breakfast at Tiffany's, and most recently, prominent mention in the hit TV series Mad Men. 
So have we outgrown the "village " moniker? The dictionary defines a city as an inhabited place of greater size, population, or importance than a town or village. Indeed, according to … (4 comments)

ossining: "Signs" of Downtown Ossining's Comeback are Everywhere - 07/18/11 07:31 AM
 
Growing up here in the 1970s and 80s, my memories of Ossining's downtown are those of crumbling blight. When Arcadian Shopping Center opened in the 1960's it only took a few years for almost all the commerce to migrate down route 9, leaving Main Street a veritable ghost town. The Urban Renewal of the time, mainly the demolition of much of the intersection of Main and Spring, was an ironic term. Urban, yes. But renewal? Hardly.There were renovations of buildings, but commerce of substance was gone for decades.
Times have changed yet again. Main street is back, and the signs … (22 comments)

ossining: How Many Big Box Drug Stores Does Ossining Need? - 07/11/11 04:42 AM

With the closure and razing of the old building that housed Big Top and several other small businesses and their imminent replacement by Walgreen's, the village of Ossining will have yet another "big box" drug store. Nearby Chilmark shopping center on the border in Briarcliff also has a proposal on the table for the arrival of the area's second CVS, which will be at the cost of Prescriptions Plus. 
Those of us old enough to remember Arcadian Garden Center before the arrival of CVS might recall that there was a time when Ossining was well served by small, neighborhood pharmacies, … (12 comments)

ossining: Ossining Real Estate Market, 2nd Quarter 2011 - 07/03/11 04:09 PM
This is the market report for Ossining, NY for the 2nd quarter of 2011. It covers single family homes in the Ossining School District from April 1, 2011 to June 30, 2011. All data is from the Empire Acess MLS. 
In the second quarter  of 2011, Ossining had 28 closings at a median sale price of $374,250.
In the 2nd quarter  of 2010, Ossining had 44 closings at a median sale price of $443,000.
This is a significant drop in both volume and price, and speaks to the decline of the market we are witnessing both in Ossining and other parts … (3 comments)

ossining: Is Ossining Really the Most Expensive Housing Market in New York? - 06/15/11 06:03 AM
Last week, I published a market report for Ossining which had the median price of a single family home in Ossining schools at $382,000. While Westchester is one of the more expensive counties in our state, Ossining is actually one of the more affordable places to buy from a price point of view. 
Today, Coldwell Banker has published a Home Listing Report which surveys 164 New York housing markets and has ranked Ossining (!) as the most expensive market in our state with an average price of almost $920,000. Being a native of Ossining and with an office in town, I was … (6 comments)

ossining: Now Blogging on Patch - 06/07/11 12:34 PM

Ossining/Croton on Hudson Patch just started here June 1 and I have been asked to contribute to the blogs. I was happy to oblige. I am gratified that two of the top 5 posts are my own contributions and I hope to continue the trend. 
Ossining and Croton are two communities that are near and dear to my heart. Having grown up in Ossining, I spent a ton of my youth in Croton, between friends, scouts, and church youth group. Just this morning I had breakfast with a client at the famed Croton Colonial diner, a haunt I (and thousand of others) … (7 comments)

ossining: Ossining Real Estate Market May 2011 - 06/04/11 02:36 PM
May 2011 marks the anniversary of the first month after the stimulus ended. That's right, it has been a solid year since the mad rush to get a house purchase under contract by April 30. And as many of us in the industry remember, the market stalled after that. Closings in May 2010 were stimulus closings (the deadline for closing was eventually extended to September), so the comparison to May 2011 is skewed some, but the year look back gives useful perspective. 
For the period of May 1, 2011 through May 31, 2011, Ossining had 5 single family homes close at … (5 comments)

ossining: Leatherman to be Reburied Today - 05/25/11 05:48 AM
According to the Journal News, the legendary Leatherman will be reburied today in a more fitting place in Sparta Cemetary, further from Route 9. His original burial place was mere steps from the ever widening highway. The controversy that stemmed from the issue is now meaningless, as the Times reports that little more than coffin nails were found in his burial site. 
Scientists hoped to study his remains for some clues as to his ethnicity and medical condition, as the mysterious man was known to speak a French and little English, and made a 365 mile loop every 34 days between … (5 comments)

ossining: Good News and Bad News Around Ossining - 04/10/11 12:33 PM
Two follow up pieces of news on topics I have blogged on recently: 
Ossining voters have overwhelmingly rejected the $69,000,000 bond proposal for the expansion and renovation of the school buildings. I wrote a piece voicing my own opposition to the proposal, and evidently, other school district voters agreed with me by a 57%-43% margin. Over 2000 voted no, a little over 1500 voted in favor.  On April 8 I wrote a post supporting the closure of Sing Sing Prison in favor of more suitable use of the land. The news that local politicians were asking Governor Cuomo to close the place … (6 comments)

ossining: Should Governor Cuomo Close Sing Sing Prison? - 04/08/11 06:15 AM
Wednesday's Journal News has a front page story on Ossining politicians urging Andrew Cuomo to close Sing Sing Prison. As a native of Ossining who worked a block away in a neighborhood market for years while in school, the idea gets my attention. Would closing Sing Sing make sense? Would it benefit Ossining? 
It is an intriguing thought. Sing Sing has been there since the early 1800's. It employs 824 people. It is a piece of history. But it is also a product of a bygone era when putting prisons, landfills and nuclear power plants on prive riverfront real estate wasn't … (7 comments)

ossining: Ossining Real Estate Market Report First Quarter 2011 - 04/02/11 01:05 PM
This is the market report for single family homes sold in the Ossining school district for the first quarter of 2011. All information is sourced fom the Empire Access Multiple Listing Service. 
In the first quarter of 2011, there were 28 closings with a median sale price of $369,500. 
In the first quarter of 2010, there were 44 closings with a median sale price of $442,000. 
These are significant differences. I stopped doing monthly market reports because 30 day spans in these small communities had results all over the place. Quarterly reports had more statistical significance. Therefore, the decline in the … (1 comments)

ossining: What Does $295,000 Buy in Ossining? - 03/11/11 04:18 PM
$295,000 will get you a solid 3 bedroom, 1.5 bath colonial in the village.
The one we just closed on yesterday was built in the 1980s at the end of a dead end street in the Sparta neighborhood, walking distance from the Arcadian Shoping Center and the Jug Tavern. It boasted a finished walkout basement with sliding doors to a patio, a 2-car garage, gorgeous landscaping, a formal dining room, hardwood floors, central vaccum, and plenty of closet space. 
We wish the new homeowners luck in their new home, and we wish our seller client Evelyn much happiness in her new life … (1 comments)

ossining: The Last Winter for St Ann's School - 01/29/11 01:12 PM

When my parents moved up to Ossining from Yonkers in 1957, they missed St Theresa’s, less than a mile away in Briarcliff, and somehow found St Ann's. There, they met Monsignor Marino, who said that yes, they lived in the parish. And for 40 years, as my brothers and I attended St Ann school, my mother was active in the Parents Guild (she was the one who changed the name from the "mother's guild," liberated woman that she was) & choir while my father was a lector. My dad always laughed that the pastor was glad they never made that … (4 comments)

ossining: Ossining High Qualifies 8 as Intel Science Semifinalists - 01/13/11 03:06 PM
The 2011 Intel Science Semifinalists have been announced, and 18 students from Westchester County qualified. Of the 18, eight were from Ossining High school. This ties Ossining with the renowned Bronx High School for Science as the school with the most qualified students. In all, only 300 students nationwide are chosen as semifinalists, and a mere 40 go on to be finalists. 
A few years ago, Ossining sent 4 seniors to Harvard, an number that astounded people across Westchester. 
Local semifinalists also hailed from Yorktown, White Plains, Mamaroneck, Scarsdale, Byram Hills, Edgemont, Horace Greeley and Riverdale Country school. 
A hearty congratulations … (5 comments)

 
J. Philip Faranda, Broker-Owner (J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY)

J. Philip Faranda

Broker-Owner

Briarcliff Manor, NY

More about me…

J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY

Address: 522 North State Road , Suite 100, Briarcliff Manor, NY, 10510

Office: (914) 762-2500

Mobile: (914) 450-8883

Email Me

Phil Faranda is broker and owner of J. Philip Real Estate LLC in Briarcliff Manor, NY. Since founding the firm as a sole practitioner in late 2005, the team has grown to over 80 agents & closed 1000+ transactions valued at over $500 million. He was 2014 President of the HGMLS and a 2017 Inman Influencer. This blog commentary is geared toward consumers and industry colleagues alike. You can reach him at (914) 723-8900.
Warning: *Sarcasm and irony advisory at all times.*

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