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Through The Keyhole November 5, 2006

Posted by Geri in Buying a Home, Entertainment, Estates, Home, In The News, Long Island, New York, Real Estate, Selling Your Home, Uncategorized.
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An endlessly entertaining voyeuristic activity is taking a peek into the lives of the rich and famous.  There is a huge chasm between those who count their pennies,  saving up to buy a little piece of the American dream and the moneyed minority trading acreage for numbers that boggle the mind of the masses.  The players in this week’s multimillion dollar game are:

The Dolan family which controls Cablevision, Madison Square Garden, The New York Knicks and Rangers having listed a 10,000 square foot, waterfront home in Centre Island for $13.5 million.  If the price seems steep, think of what you get — a visually stunning newly constructed home (2005) with 7 bedrooms, 7 full and 2 half baths and 7 fireplaces on over 6 acres.  Spellbinding views framed by a charming gazebo add to the ambiance of an already abundantly appointed home.

On the other end of the spectrum is the famous Connecticut plastic surgeon who plead guilty to tax evasion.  His $15.5 million waterfront home is in tony Wesport Connecticut.

For more of the story on these and film producer Brian Grazer’s home in Los Angeles, take a look at this article.

Google & YouTube — A Marriage Made in Video Heaven? October 12, 2006

Posted by Geri in Entertainment, General, Google, In The News, Internet, social networking, Uncategorized, Video Sharing, YouTube.
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The two young men who launched YouTube just over a year ago are no doubt dancing in the streets.  There’s nothing like a $1.65 billion dollar deal to get your heart beating just a little bit faster.  Google’s all stock purchase of the wildly successful video site is a headline to the competition that it is in the game of video sharing in earnest and it’s in to win.  In question at the moment is how to position those advertising dollars without risking a backlash due to some questionable content on YouTube.

Google will also have to deal with the possibility of lawsuits engendered by allegations of copyright infringement.  As a start up, YouTube was a far less enticing target, but with Google’s deep pockets new lawsuits just might start springing up.

Whatever wrinkles need ironing out, the powers that be at Google seem to have an unerring eye when it comes to rounding out it’s online services while generating significant income to fund it’s growth.

For those of us in the real estate industry, YouTube might provide a viable option for online video presentations.

Dorothy & Toto Had Nothing On Me October 10, 2006

Posted by Geri in Entertainment, family, feelings, General, Long Island, Long Island Fair, Restoration Village, Uncategorized.
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Probably in keeping with the celebration of the Columbus Day holiday weekend, I had the incredible good fortune to steal a few hours away with my favorite fella and take a wonderful trip back in time.  An early morning phone call started the chain of events that brought me and my five year old date to the 164th annual Long Island Fair at the Old Bethpage Village Restoration.

My buyer unexpectedly had to work and needed to reschedule our appointment for late morning.  Because there were quite a few houses to show him I chose not to bring anyone else in later in the day.  Serendipitously,  just as he called, I was thumbing through the paper and happened on the ad for the fair.  I’d been thinking a lot lately about my grandson and how the birth of his little brother last month appeared to make him feel just a little bit displaced.  We needed to spend some quality time, just the two of us.

Convinced he’d have a great time, I called his dad.  It’s not often that I get “time off” on a weekend so this would be a treat for us both.  The ride out to the village was filled with lively chatter about the happenings in his world and his plans for the immediate future.  I worried that the weather, threatening all morning, wouldn’t hold out and we’d be rained out.   But luck was with us. 

Standing in the vast expanse of grass that became a makeshift parking lot, I realized this was going to be quite a trek to reach the fair grounds and the attractions ahead.  I girded my loins and began the journey, wishing I’d opted for sensible shoes rather than the heels I sported.  After a quick stop to buy our tickets we left, map in hand to enter another world and another time.  Though there was no tornado and thankfully no witch to flatten, I felt a little like Dorothy in the Wizard of Oz, when she first stepped out into that foreign land. 

The Village Restoration is a collection of structures restored, transported and sometimes replicated to represent life as it was in a Long Island community of the mid 1800s.   There are homes, stores, a one room school house, a church and a working farm among the many buildings that make up this quaint village.  My grandson’s favorite aspect of the tour by far was discovering that homes of this era had no indoor plumbing.  When told they used outhouses, his response, other than a wide eyed stare was “I guess they didn’t go to the bathroom in the winter.”

We walked past pony and camel rides, a horse and buggy tour around a wide track and all sorts of animals grazing in what appeared to be some sort of center ring.  Tempted by none of it we continued our walk around the grounds and finally back out to a staging area where, to my great relief, there were waiting shuttle buses to take us back to the distant parking lot.

What a fun way to spend the day.  Now I have to figure out a way to go back for the Halloween celebration on October 28th and 29th.  Where there’s a will, they tell me, there’s a way.

Down Market — What Down Market? October 9, 2006

Posted by Geri in Billy Joel, Changing Market, Entertainment, Estates, General, Home, Long Island, New York, Real Estate, Real Estate Market, Selling Your Home.
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All the doom and gloom predicted for the Long Island real estate market seems to have had little impact on the proposed sale of Billy Joel’s Centre Island waterfront estate.  What do you get for the $37.5 million dollar asking price?  If the 14,000 square foot, 5 bedroom home with eight fireplaces, a guest cottage, bowling alley, wine cellar and pool don’t tempt you, perhaps it’s location on 14.2 acres of prime property hugging the shore at Oyster Bay Harbor will cause your heart to flutter and have you reaching for your wallet.  

Not there yet?  There’s always the added cachet of owning the home of a star — and one of Long Island’s own.  But before you put the agent’s phone number on speed dial you might want to consider that even Billy Joel couldn’t build a dock on his property, though he made a valiant effort.   As a national wildlife refuge, no new piers have been approved on these waters for a very long time.

If you get past the inconvenience of having to dock your boat(s) elsewhere, you just might find a little homestead you could love.