Page 47 - Westchester County Economic Development Guide 2013
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Bedford
In Yonkers, the fourth-largest city in
New York, city living comes easily for
residents. Yonkers borders the Bronx
and features diverse neighborhoods
with every kind of housing stock from
historic Victorian mansions to new luxury
apartments along the Hudson River.
Trulia.com reported that the median sales
price for homes in Yonkers during a two-
month period in mid-2012 increased 2.6
percent from the previous year, jumping
to $377,750. The popular neighborhoods
Northwest Yonkers and Northeast Yonkers
reported average listing prices of $269,149
and $321,813, respectively
.
Those who love the country find refuge
an hour north of New York City in the
Bedford region of Westchester, one of the
most sought-after areas in the state. Three
hamlets make up the town, which dates to
1680. Much of the open land – once known
for dairy farms and grand estates – has been
preserved in this region.
Of course, many communities – such as
Mount Vernon, New Rochelle and White
Plains – offer traditional suburban living,
combining leafy neighborhoods and good
schools with a highly developed network of
commuting options.
Affordability in Westchester County, one
of the nation’s most sought-after places to
live, remains a challenge, but the county
has undertaken projects to create more
housing. Cottage Landings in Rye, offered
18 new one-bedroom and one-bedroom-
with-den condominiums in 2012 for those
with incomes at or below 80 percent of the
county’s median income. The one-bedroom
units cost $150,000, while those with a den
and a second bath sold for $165,000. The
development also included four market-rate
units. Similar developments are planned
that will result in more affordable housing
in the county.
TRIVIA:
Bonnie Briar Country
Club inMamaroneck is 14th in the
country among neighborhoods
with the highest average household
income – more than $400,000
per household per year. At 20th is
the Murray Hill-Heathcote area in
Scarsdale.
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