Happy Trails, City Limits until we meet again. “Stork Club” of WP Renovates

 


WPCNR BOULEVARDIER. By John  F. Bailey. April 12, 2012:


 


This Sunday will be the  last day of business for the “meet, greet, and deal center” of White Plains, the classic City Limits Diner on the corner of Central and Tarrytown Road, opposite County Center. It is closing for renovations that will last the next 6 to 8 weeks and reopen in July as a brand-new City Limits, with new décor, new rich interior and façade.


 



 


It will be hard to match the popularity of City Limits, easily the best known in the city. Renovations have begun on the exterior on the place that it’s easy to say, “Let’s go to the Limits.”


 


Unofficially the City Limits has been the “Stork Club” of White Plains where the Mr. and Mrs. White Plains rub elbows with the elite for twenty years.


 



 


THE LAST BREAKFAST: Jim Benerofe, Dean of White Plains Journalism and John Bailey at City Limits this morning, enjoying a last breakfast.Photo by Steve Morton


 


City Limits has also been “The Official Hangout of the White Plains Week Award Winning Television Program” for the last 11 years. When I began the show with Alex Phillipidis and Jim Benerofe in 2001, we all wanted to do lunch after the show. I said we needed to do this just like Walter Winchell, the man who invented news commentary in the 1930s, did after he did his radio program. Winchell met with his entourage at the Stork Club in New York in that era. Winchell also occupied Table 51 at the Stork. At City Limits, you can see the Big Three of Westchester Television News hanging out at Table 51. We love it there, where the laughs come easy, and the gossip is notorious and cannot be used on our show.


 


Every Friday, the White Plains newsmen who matter, Peter Katz, Jim Benerofe and me, who do the television show everybody watcheson the internet at www.whiteplainsweek.com or Fridays and Mondays at 7:30 and 7 (Channels 45 & 76) , have been having lunch at this uniquely atmospheric art deco treasure. Shiny, cromey, tiley and funky, after being redesigned from the original Livano’s restaurant and opened in 1994 by the Livano Family, City Limits has served the tasty (upper cut above the usual diner fare) breakfasts, lunches and dinners you cannot match anywhere else in a lively, slap-dash, uplifting atmosphere.


 



 


Eggs Benedict and a side of sausage in progress.


 


It delivers what every real reporter needs, black coffee and a donut, and atmosphere.


 


What’s so unique about City Limits? It’s internal hub-bub you cannot find anywhere else in the city where City Limits burgers sizzle on an open grill night and day. It’s the electrifying distinctive “ding” of City Limits silverware that gets your attention like the “NBC” jingle.


 



Last Soda Fountain in the City.


 



The bustling bakeshop, and airy interior


 



 


 


It is the authoritative “clunk” of the City Limits china; the “come on in pardner and have a cup of java” hospitality signified by the classic Coffee Cup and donut suspended over the hostess platform. The silver signs: “Bakery. Ice Cream,” and “Capucino bar,” the comfort of the booths, and the good will of the snappy dressed wait staff in their signature dress shirts and ties who deliver the most courteous, fastest service in town. They are also the best dressed.


 



 


Raymond, with the Livano family since 1985, demonstrating City Limits classic fashion look.


 


The City Limits  brims with life. Usually jammed for lunch, it’s where you want to meet to discuss things where you won’t be overheard;  treat the kids on vacation or start a weekend off right. You can hear everybody at your table, but the people at the table next to you cannot hear you, the six degrees of separation is just about right. I do hope the acoustics are preserved.


 


The coffee is the best in town. The breakfasts are outstanding, especially the eggs benedict and my favorite side, the fat sausages.


 


The place sounded and felt like life was moving inside. No pretensions. And they were always glad to see you


 


They were the only place you could get the soft shell crab wrap (just now coming into season, I will miss that), and my favorite, the black angus City Limits burger.


 


I will miss the beers, the egg creams and those great Friday lunches of the past


 


Man, we’re all  going to miss this place.


 



 


 



Coming in July…the New City Limits


 


 

Posted in Uncategorized

Realtor Reports Strongest First Quarter Contract Action in 9 Years


 


WPCNR THE HOUSING NEWS. Special to WPCNR from Houlihan-Lawrence Realtors. (EDITED) April 11, 2012:


Buyers across Westchester, Putnam and Dutchess counties responded by posting the highest level of pending sales as of March 31st since 2005.


A pending sale represents a commitment to purchase a home at a specified price and terms, typically closing within 60 to 90 days. In Westchester, pending sales at quarter’s end were up 31% over Q1-2011, while pendings in Putnam and Dutchess increased by 26.5% and 9% respectively.


The surge in pending sales is particularly striking in contrast to the modest results for closed sales of singlefamily homes, up a mere 1.1% in Westchester in Q1-2012, while declining 22% in Putnam and 7% in Dutchess. The lag in closed sales reflects the muted activity in late 2011, when deal making was concentrated among lower-priced homes.


Not surprisingly, the median sale price drifted lower as closed sales were skewed toward the lower price ranges: in Westchester, Q1-2012 median sale price is $505,500, down 8.4% from the same period last year.


In Putnam, the median price this quarter is $274,500, down 21% from Q1-2011. The median sale price in Dutchess is $235,000, down 4.7% from a year earlier. Continuing the momentum we first noted in our Q4-2011 Market Report, entry price levels were particularly strong in early 2012. In Westchester, pending sales under $500,000 are up 44% from Q1-2011 and represent the highest Q1 level for that price range in nine years. In Dutchess, pending homes under $300,000 are up 26.8%, while in Putnam, pending homes priced under $200,000 are up a whopping 91% from 2011.


But sales growth was not limited to the low end. Nearly all price ranges saw double-digit percentage increases in pending sales in Q1-2012. Westchester homes priced between $700,000 and $1,000,000 saw pendings up 46.3% from 2011. Even the luxury market is flourishing again, with pending deals to purchase Westchester homes priced above $2.5 million up 34% from 2011.


While pending sales are increasing sharply, inventory levels are essentially flat. It will be interesting to see in the coming quarters whether the sales growth attracts wary sellers who have been waiting out the market. If supply grows to match demand, prices will remain near current levels, equivalent in most markets to 2003 prices. If inventory does not grow, we are likely to see home values begin to appreciate by 2013. Already, we are seeing an increase in multiple-offer bidding wars in many markets for the most desirable listings.


So what is behind the sudden increase in pending sales, and more importantly, can the momentum continue?


Certainly, the mild weather has played a role, and economic indicators such as jobs, interest rates, and the stock market have been supportive over the past 6 months. But the real spirits that determine market psychology – can be much harder to predict or to pin down.

Posted in Uncategorized

Judge Strikes Board of Legislators’ Bid to Approve County Contracts

WPCNR COUNTY CLARION-LEDGER. From the Westchester County Board of Legislators. (EDITED) April 11,2012:


The Board of Legislators’ law that aimed to change the membership of the county’s Board of Acquisition and Contract was “not properly enacted” because of a “fatal flaw,” a judge said today.


            The decision finds for the Astorino administration and the county attorney, which had argued that the law passed last December by the Democratic-controlled Board of Legislators was invalid.


 


            In his ruling today, Acting State Supreme Court Justice Barry E. Warhit removed the temporary restraining order he had issued last month that prevented Public Works Commissioner Jay Pisco from serving on the A&C board. The judge said the legislators failed to publish the required legal notice about the law to give the public a chance to have a permissive referendum.


           


           While the issues of the case have to be litigated further, the judge said that the legislators who brought the legal proceeding – Board Chairman Ken Jenkins and Legislators Peter Harckham and Lyndon Williams – “cannot meet their burden” to show they are likely to win on the merits of the case and that they are therefore not entitled to an injunction.


           


           “The administration argued from the start that this law was not properly enacted,” said Ned McCormack, communications director and senior advisor. “If the legislators want to change the composition of the Board of Acquisition and Contract, they need to follow all legal procedures. The public is entitled to this.”


           


In his decision, the judge cleared the way for the A&C board to “resume meetings in accordance with the ordinary course of business.”  

Posted in Uncategorized

Growth Market in Housing “Not There Yet” County Clerk Says

 

 


WPCNR THE HOUSING NEWS. From Westchester County Clerk Timothy Idoni. April 11, 2012:


 


“We keep looking for the growth market.  It just isn’t there yet,”


 


That’s the opinion of County Clerk Timothy Idoni today in a news release analyzing county mortgage tax activity in the first quarter.


     


County mortgage tax, an important revenue source for the County of Westchester and its municipalities, has dropped again according to figures released by Westchester County Clerk Timothy C. Idoni.  The Clerk’s Office is responsible for collecting these taxes which are a key economic indicator. 


 


Mortgage tax revenue has been hovering recently at about thirty percent of the historic highs seen at the peak of the real estate boom in 2005.  Revenue dropped sharply after the bubble burst in mid-2007.  As a result of the real estate slump and a downturn in the national economy, borrowing for homes became more difficult over the past five years. 


 


 


The County budgeted $13,500,000 in mortgage tax revenue for this year.  The same amount was budgeted for 2011, but the county collected $421,000 less.  Idoni remarked, “We are all very hopeful that 2012 projections can be achieved, but based on the first quarter this year, there is cause for concern.”   First quarter revenue totaled $2,847,691.  This was a decrease of $691,200 or 19.5% from last year’s first quarter. 


 


Mortgage Tax Collected (County Portion Only)


2009-2012


     2009                            2010                                 2011                        2012 (through 3/31/2012)       


 


$12,425,216    $12,969,204     $13,079,307     $2,847,691


 


Idoni indicated that there has been slow but noticeable growth in revenue since 2009.  In the first quarter of 2012, however, there was a noticeable drop as shown below:


 


                                                Mortgage Taxes Collected 1st Quarter 2009-2012


Year       January         February    March    1st Quarter Total                            


2009       $889,558         $742,254   $986,921      $2,618,733


                    


2010     $1,282,614      $1,076,926   $1,004,318     $3,363,858


                    


2011     $1,220,971      $1,053,436   $1,264.484     $3,538,891


                   


2012     $ 921,923        $983,990    $941,778       $2,847,691


 


Issues impacting these numbers include:  continuing tight credit in the mortgage market; cash sales in the upper end real estate market; restructuring of debt which avoids mortgage tax levies; and a buyer’s market with depressed prices.                      


 


 

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