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Hudson
Valley NY Real Estate Blog
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Monday, November 27, 2006
After some news outlets reported that the Gardiner open space ballot measure was turned down by voters on election day, results showed that the measure passed by one vote--961-960, after absentee ballots were tallied. A recount will probably be conducted to confirm the results. Approval will allow the town to borrow up to $1.5 million to purchase property or development rights to preserve the rural character of the town.Town officials also got word that Gardiner will receive a $356,026 grant from the federal Tansportation Enhancement Program. Gardiner plans to use the grant to construct sidewalks in the hamlet and to provide some drainage work. The town is targeting the work to be completed by 2008.
Wednesday, November 22, 2006
Scenic Hudson has landed a $200,000 grant from New York State's Office of Park, Recreation and Historic Preservation to improve recreational and educational opportunities at the Franny Reese Preserve. The 249-acre preserve is located along the ridgeline just south of the Mid-Hudson Bridge in the Town of Lloyd. The funds will be used to enhance the landscaping, highlight spectacular Hudson River vistas and create educational awareness of the natural beauty and history of the River and the area. It will be a great destination for hiking, mountain biking, cross-country skiing and picknicking. It will prove to be another excellent recreational resource to the town that already has plans to create a riverfront park and expand the Hudson Valley Rail Trail.
Saturday, November 18, 2006
Recent data for the month of October continues to show softening in the in Hudson Valley real estate market. The Ulster County median sales price for October dipped 8.3% from a year ago to $228,700. Sales volume was down 9.8% with 122 units sold. This was the second month in a row where the median price decreased.Dutchess County had an 8.1% decrease in single family home volume, while attached homes (condos, townhouses, co-ops) took a sharp dip of 30% comapred to a year ago. The median price for October was down 5.8% to $329,500.
Buyers are in a great position with a healthy inventory of houses and decreasing prices.
Wednesday, November 08, 2006
The Town of Lloyd secured a $1.5 million grant from the New York State Department of Transportation to finish the expansion of the Hudson Valley Rail Trail in Highland. The trail follows an abandoned railway bed and already offers an excellent resource to runners, bikers, walkers, roller bladers and others who like to take in the scenery. Additional portions of the old railway trail will be paved, enhancing the experience of those that already use the trail. This project, in addition to a waterfront park proposed in Highland, evidence an increased desire to make recreational opportunities readily available to residents of the town and to improve the quality of life of the community.
Saturday, November 04, 2006
Walkway Over the Hudson, a group working to make the Poughkeepsie Railroad Bridge accessible to the public for use as a pedestrian walkway, has been encouraged by structural inspections that have examined the underwater piers of the structure. The bridge crosses the Hudson River from Highland on the Ulster County side to Poughkeepsie on the Dutchess County side and has not been used since a fire in 1974. Other engineering inspections will be performed to determine the potential of converting the bridge to a walkway.Walkway envisions the walkway over the Hudson as part of a larger rail trail which would connect some current trails and span from New Paltz in Ulster County to Hopewell Junction in Dutchess County. Walkway's goal is to have a pedestrian bridge opening by September 2009, in time to commemorate the 400th anniversary of Henry Hudson's voyage on the Hudson River.
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