WESTCHESTER SINGLE FAMILY HOME SALES DECLINED IN 1ST QUARTER. CONDOS UP SHARP, COOPS, 2-4 FAMILIES UP SLIGHT. PRICES APPEAR to “MODERATE”

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WPCNR REALTY REALTY. From the Hudson Gateway Association of Realtors. (Edited) April 6, 2022:

Westchester residential sales of single-family homes, condominiums, co-operatives and 2-4 family-multi-family homes declined 6.3% in Westchester County. The decline in sales was greater in Putnam (28.1%), Rockland (11.6%), Orange (14.7%) and Sullivan County (19.8%). Condominium sales in Westchester were hot, improving 17.8% compared to last year, average sales price of a condo improved by 31% to $583,492.

The price runup in single family homes in Westchester, appears to “stabilize and moderate” HGAR Reports. In 2019, before the onset of covid, the average median sales price for a Westchestery single family home was $600,000. In the first quarter of 2022, the median price of a SFH is $720,000, an increase in 2 years of the pandemic of 21.5% in three years.

HGAR reports “dearth of inventory continues to plague the market ,” and “days on the market continues to decline.”

HGAR’S market outlook:

“The market is also facing the dual headwinds rising interest rates and increasing inflation. However the market continues to evidence strength…as the economy in the Hudson Valley and greater New York City and suburban area continues to rebound from the pandemic. All in all, 2022 is off to a solid start.”

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STEUBEN COUNTY GERRYMANDERING RULING STAYED BY APPELLATE COURT. SCHEDULING OF APPEAL TO COME.

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BULLETIN: The New York Law Journal reported today the New York State Appellate Division of the Fourth Department has stayed Steuben County Supreme Court Justice Patrick McAllister’s decision and order from last week requiring Democrat-drawn redistricting districts to be redone because the process was unconstitutional. Judge Stephen Lindley will hear arguments  of the Republican petitioners on Thursday. The judge will then according to the report, set a schedule date for the appeal. READ THE DETAILS HERE:

https://www.law.com/newyorklawjournal/2022/04/04/appeals-court-stays-ruling-striking-down-ny-congressional-map/?slreturn=20220305132144

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CITY SUBMITS PROPOSED $210.3 MILLION 2022-23 BUDGET TO COMMON COUNCIL FOR REVIEW. 3% INCREASE IN GENERAL FUND BUDGET. 1.86 % INCREASE IN PROPERTY TAX REFLECTS ACCOUNTING FOR INFLATION

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INFLATION IMPACTS CITY SUPPLIES IN NEW YEAR. EXPECTS CONTINUED RECOVERY IN SALES TAX $$, PARKING $$ RED LIGHT $$ FINES. NO CUT IN SERVICES. NO REPLACEMENT OF PERSONNEL WHO LEAVE. 3 NEW POLICE, 2 NEW FIRE HIRES.

WPCNR COMMON COUNCIL CHRONICLE EXAMINER . By John F. Bailey. April 5, 20222:

The City of White Plains submitted a proposed  $210.3 MILLION 2022-23 City Budget to the Common Council last night at City Hall, an increase of $6 Million from from $203.proposing a 1.86% increase in property tax to $234.51 of assessed value.

In a media briefing, Commissioner of Finance Sergio Sensi and Budget Directtor James Abbott said the tax increase is needed to cover half the expected impact of 3.8% inflationary pressures on gasoline, supplies, and uniforms anticipated by city departments affecting the city expenses as it also does the general public, and to meet contract obligations and required benefits expenses while anticipating growth in city sales tax receipts to produce up to $50 million (perhaps more) in sales tax revenues.

The impact on the property owner of a median priced home of the 1.86% tax increase, assessed at $13,000 would be $58 more annually.

To figure your new city tax multiply your this year total city tax by .0186 to get your new total city tax.

(Editor’s Note:)Your White Plains City school tax will remain the same because the school district is not raising their tax rate.

Total sales taxes are expected to hit approximately $48 million perhaps over $50 Million.  The present pace would bring back the city sales tax component to the $48 Million of 2019-2020 compared to the $41.7 Million collected in 2020-21 a decline in 20-21 of 3%.

City budget crafters James Abbott, Budget Director and Sergio Sensi explained the budget in a media brief placing the loss of city revenue due to covid in 2021-22 after reimbursement at $23 Million

Mr. Sensi and Mr. Abbott explained to WPCNR the city had been reimbursed $23 Million in American Rescue Plan covid relief. This payment accounted for the loss encountered through only the first 9 months of the year 2020-21). The city was not allowed to resubmit for more reimbursement at the end of the year, and no documentation was required by the government from the city for the first and only submission. The city received half the amount of $23 million in 2020-21 and the other $11.6 Million in 2021-22.

Hardest hit of city revenues was the sales tax receipts, down to $41.7 Million this fiscal year. The city budget message said the sales tax handle has  “increased significantly” in part due to collection of internet sales taxes that rose “significantly” in 2019-20, but it is too soon to tell whether the increase so far in 21-22 will continue.

Parking and fines revenues were also impacted during the last year. The budget message anticipates

 “parking related revenues of $25.6 million, including meter fees,parking related fines,red light fines and permit charges…parking revnues have only recently bounced back. Actual parking revenue in 2018-19  was $26.8 million or 22% more than budgeted in 2021-22. As more and more people are beginning to come back to the city to work and shop, these revenues have increased and the current year forecast is again nearing those pre-pandemic levels and is projected to be $25.8 million.

All city services are being maintained at current levels. Positions that are vacated will not be replaced but positions continue to be budgeted. The city also anticipates $695,000 in new revenue from eight city-owned facilities now with solar panels on the roofs.

The city has an undesignated fund balance of $21 Million.

The increase in the 204.3 Million budget last year is 6%.

It is under the 2% tax cap for the 11th consecutive year.

Assessment Roll grows to$286.1 million, up $1.8 Million

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WHITEPLAINS SALUTES HARRIET TUBMAN WITH REGISTRATION DRIVES

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WPCNR CAMPAIGN 2022. From the League of Women Voters. April 4, 2022:

As the city of White Plains hosts the inspiring statue Harriet Tubman: The Journey to Freedom, we are proud to announce that the League of Women Voters of White Plains, the NAACP of White Plains/Greenburgh, the Omega Psi Phi fraternity, the Delta Sigma Theta sorority and the Alpha Kappa Alpha sorority will partner on a series of voter registration/voter education drives. 

Register to vote, pick up a form to request an absentee ballot, get a calendar of important election dates, check your voter registration, and, with the recent redistricting you’ll be able to find out your New York State senate and assembly districts and your U.S. Congressional District. We urge you to look for our tables and volunteers at the following White Plains events.Saturday May 21 prior to an outdoor movie presentation of Harriet on Court Street. Saturday June 11 during the Juneteenth Parade along Mamaroneck Avenue and during the Juneteenth Fair on Court Street.Wednesday June 22 prior to an outdoor Tribute to Harriet Tubman music concert on Renaissance Plaza.The mission of the League of Women Voters is to promote VOTING by every eligible person. The League believes “Every Vote Counts.” Your Vote matters.  

League of Women Voters of White Plains president, Stephen Cohen, said, “It is a privilege and honor for us to come together to commemorate the life of Harriet Tubman during this critical time for Voting.”

For further information contact: Stephen Cohen, lwvwp.president@gmail.com
 
Harriet Tubman and the Struggle for Universal Suffrage—the Tie that Binds
What lessons can we, people in communities near and far, learn from the life of Harriet Tubman (born 1822) in 2022 to make life fairer for all of us?

From her enslavement to her freedom; from segregation to ‘conductor of the Underground Railroad’ leading enslaved people to freedom.  

From prohibitions to learning to read, to delivering powerful speeches to advance the rights of the disenfranchised, in the South, in Seneca Falls and, Auburn New York where she settled; to soldier-spy in the U.S. Union Army, and more. 

Harriet Tubman and her family were enslaved at birth.  They suffered the trauma of this imposed condition.  Harriet escaped. Later, she fled farther North to Canada. Wanting to free other enslaved people, she returned South several times to lead a least 140 of them on the ‘underground railroad’ to that country.

Around this time, the Suffrage Movement was gaining traction.
 
Susan B. Anthony, and Elizabeth Cady Stanton, both suffragettes, and Frederick Douglass, who fled enslavement and became an influential orator for abolitionist causes, and Harriet Tubman were all working to promote Voting Rights—for women, and for recently enslaved people.

Harriet understood that Suffrage was key to freedom. So, she purposely joined the women’s movement which was struggling, and fighting for Women’s Right to Vote.  She reasoned that freedom, meant freedom in every sphere of life, e.g., economic power, education, and Voting Rights.
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Westchester IDA APPROVES FINANCIAL INCENTIVES FOR LONG DORMANT WESTCHESTER AVE (OPPOSITE “THE WESTCHESTER”) & 51 SOUTH BDWAY(FROZEN ROPES SITE)

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WHITE PLAINS, NY (April 2022) – The Westchester County Industrial Development Agency (IDA) has voted preliminary and final approvals of financial incentives for the construction of a pair of multifamily residential projects that will add to the economic vitality of downtown White Plains. The two projects – 70 Westchester Avenue and 51 South Broadway – represent a total private investment of $171 million and are expected to create 309 new apartments and nearly 270 construction jobs.

“The financial incentives voted by the IDA Board are another example of how the Westchester County IDA is contributing to the remarkable multifamily housing boom under way in downtown White Plains. These incentives, which are provided at no cost to taxpayers, are helping to create hundreds of new apartments, including affordable units, as well as hundreds of construction jobs,” said Director of Operations, Joan McDonald, who chairs the IDA.

At its March 24 meeting the IDA Board voted preliminary approval of financial incentives for 70 Westchester Avenue, a $123 million mixed-use residential development to be built on a 1.83-acre site that is currently occupied by Chrysler Jeep of White Plains car service and dealership. The project was initially proposed in 2015 as The Collection, to be built as part of a mixed-use redevelopment consisting of multifamily housing, a hotel, commercial space, and new car dealership. However, the car dealership was unable to relocate on a timely basis.

70 Westchester Avenue consists of three buildings totaling 215,000 square feet of mixed-use development. Two buildings located on Westchester Avenue will feature 52 units and 15,100 square feet of motor vehicle showroom, retail, and restaurant

space. The third building will consist of 123 units on 11 floors with eight floors of residential apartments atop three levels of parking. A total of 295 on-site parking spaces will be provided.

Amenities will include a pool, social deck area, clubroom, and fitness center. There will also be 4,000 square feet of publicly accessible open space including a pocket park along the internal driveway system, a dog park, and a landscaped and lighted walkway with gathering places and street furniture connecting Franklin and Westchester Avenues.

The developer, Saber-North White Plains LLC, is requesting an estimated sales tax exemption of $4,008,955, a mortgage recording tax exemption of $817,907 and a real property tax exemption of $5,404,412. The project is estimated to create 200

construction jobs. In addition, approximately 70 percent of the car dealership and service center jobs will be retained at the new site.

According to White Plains Affordable Housing Regulations, the developer will pay a total fee of $1,593,750 in addition to the 11 affordable units to be constructed at 80 percent of the Westchester County area median income. Construction is scheduled to start in August 2023 with occupancy in December 2025.

The IDA Board also voted final approval of financial incentives for 51 South Broadway, a $48 million, 8-story multifamily building consisting of 134 apartments with a mix of 27 studio units, 59 one-bedrooms units, 48 two-bedrooms units.

Amenities will include a pool, garden terrace, BBQ grills, exterior fireplace, seating area, fitness center, pet spa, bicycle storage, resident lounge, co-working spaces and a conference room. Parking will be on two levels and above ground with amenity spaces along the street frontage and six floors of residential units above.

Project developer RMS Companies of Stamford was approved for $1.5 million in sales tax exemptions and $350,000 in mortgage recording tax exemptions. It is anticipated that the project will create 67 construction jobs.

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Data Abuse

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DATA ABUSE

WPCNR THE SUNDAY BAILEY. News & Comment by John f. Bailey. April 3, 2022:

On this week WPTV  PEOPLE TO BE HEARD, I interviewed  the woman who created the Berkeley College  Bachelor Science in Business Data Science Program two years ago.

The interview which can be seen on www.wpcommunitymedia.org  by scrolling down the video wall on the website for People to Be Heard and clicking on her picture, unveiled some hard truths.

Dr. Desai in no way related our discussion on how data can be used to covid, the economy or government policy, but our discussion got me to thinking, and  people seeking go exercise power know thinking is dangerous if done and eliminating thinking causes unforeseen consequences.

The following observations are strictly mine —  after observing two and a half years of up and down covid infections; economic forecasts, 50 years of Dow Jones averages; 65 years of baseball statistics, foreign policy bungles, and politicians wanting to be loved.

They are truths about what data can do if misused to fit preconceived notions: promote policy advantageous to a traditional organization policy; leaping to a conclusion that is false but can be argued;  saying that the economy is good one week not so good the next.

In the blizzard of data snowing the metropolitan area and the country about what to do and not do about covid, the ability to promote political advantages and persuade people that the virus is being contained, not growing, and that the economy is booming  but inflationary are examples.

Dr. Dashan pointed out that data has to studied to determine what exactly is it telling you, not what you want to believe it is telling you.

Take covid case numbers, as just one example.

Every week, we are told by officials three highly popular positions on the ongoing coronavirus spread, decline, and long-term effects.

The overwhelming official view is our infections are down compared to the height of the epidemic say in January three months ago; or a year ago which cases are much higher. Vaccines of squashed the spread. You should get vaccinated (but we are not going to force you to).

  Figures are cherry-picked such as the number of hospitalizations per week as showing the disease is in decline in serious

 Key indicators that tell a different story are downplayed. Each level of officialdom plays this soothing game by looking at the past and picking positive comparisons while conveniently discarding the day-to-day progress or lack of progress in the public’s abilty and inclination , either in containing the disease or failing to contain the disease. The decision-makers prefer to linger on how high  the infections were months ago and how low they are now even though we have been at low points four times in two years and due to wishful policy making and “cross your fingers” decisions opened up restrictions and fertilized covid growth by not penalizing reckless socializing, refusal to get vaccinated and not requiring it!

So we had a second wave in late 2020, a greater wave in January 2021, thanks to loosening up in the fall of 2020; a disaster of a fourth wave larger than the first in  over December, 2021 and January 2022.

That fourth wave was crushed by the vaccine limiting the seriousness of the record infections.  Why did this happen? Behavior, fear of vaccines, socializing, no masking (and no masking envorcement), lobbying by groups of parents to open schools to no masks which has happened now with Governor Hochul lifting masking policy in schools.

Popular opinion  and politicians’ infatuation with the people liking them (so they can be pop-u-LAR, as the Good Witch sang  in Wicked) and  irresponsible dedication to doing what the people wanted  goingout to eat….money…relief for persons who lost jobs  businesses, airlines, banks.

 Covid money bailed out deficits (self-created in many caused by administrations that literally cannot analyze the past.

Well, we have stopped 4 covid waves and have not learned from our data.

Right now, I expect this afternoon we may have the last round of the 7th day of this week putting Westchester over the 1,100 new case mark, averaging 139 cases a day.  The infections have gone up three of the last 4 weeks when every week things have been done  that inadvertently again have stirred up what promises a fifth wave of covid.

Count up the positive covid policies: removing masks in schools, removing need to wear masks or proof of vaccination in restaurants, loosening up restrictions on mask  and social distancing policies; even talking congestion pricing to get persons back on subways and commuter rail. Well what has happened in 4 weeks—infections have gone up three of the last four weeks across Westchester County. New York City is back to 1,427 infections a day, Westchester is  running over 200 infections a day.

 This is what I mean by looking and understanding what the data is really saying.

In the next month the socialization of the religious holidays, the opening of parks and relaxation of beach and parks and restaurants not to mention the tourism expected (which we did not have last year) could mean a far faster growth in covid before the July fourth holiday that lit up the covid spread last June.

Now, if you remember last year at around this time the legislature took back emergency powers from the then governor, Andrew Cuomo. Then the Governor either acquiesced to the legislature or decided to relax many policies which opened recreation facilities parks, and this pumped up covd infections after July 1st.

Will this happen again? It is all right there in the data.

Policy has to made based on reason and analysis that takes into account what happens when you do things and what happens when you don’t do things.

When we have seen evidence four times now that relaxation of socialization, masking, vaccination requirements, and not penalizing population noncompliance (fines, please, at least), I  expect a resurgence.

And you know the politicians will not do anything to stop the economy because they need the  fiction that the economy is growing and make people think things are o.k. By opening up they cannot close things up again.

Thanks to inept evaluation and understanding of the most revealing data ever kept in real time on a disease progress, infections, hospitalizations, infection rates, non-vaccinations relevance to spreading the disease and wanting to preserve citizen freedom, the leaders up and down the state have not had the backbone to be tough, with one exception—Governor Andrew Cuomo—who did what had to be done when it had to be done—No one else did.

Can politicians look with insight into what is happening now? Think what is happening now what it means.

Be ready to think what you will do if—-

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