02/28/11 1:23pm
02/28/2011 1:23 PM

Cutchogue contemporary ranchThis custom-built contemporary ranch home surrounded by trees on large property in Nassau Farms location within walking distance of Nassau Point beach offers open floor plan, three bedrooms, two full baths, eat-in kitchen, living room with wood-burning stove, dining room and office/den with built-ins, and right-of-way to creek.

Location: Cutchogue

Price: $425,000

Broker: Daniel Gale Sotheby’s International Realty,Cutchogue, 631-734-5439

02/28/11 10:44am
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02/28/11 9:41am

BARBARAELLEN KOCH PHOTO | The Maidstone Landing condos overlook the Sound in Northville.

In the market for a condo or co-op on the North Fork? You may want to know how prices are holding up compared to single-family homes, whose prices and volume of sales have declined from the highs of a few years ago.

The answer, according to local real estate agents, is reasonably well.

“We have a limited number of condos on the North Fork,” said Paul Loeb of Lloyd’s Realty in Greenport. “There’s not much out there and so when a condo comes on the market, it often sells more quickly than a single-family home.”

Mr. Loeb cites as an example the Cleaves Point complex in East Marion.

“There’s nothing available at the moment but we have people very interested should a unit come up for sale,” he said.

There have been some strongly priced sales of desirable units, according to Mr. Loeb.

“Last year a unit sold in the Pipes Cove development at the end of Sixth Street in Greenport for $990,000,” he said. “It sold quickly and there wasn’t much of a price drop from the asking price.”

A condo in Greenport’s Oyster Point community sold just as fast, Mr. Loeb said.

“Of course the draw for both of those units is waterfront location and docking,” he added.

Even so, pricing issues have kept a second-floor unit in the waterfront Sterling Harbor complex from selling. That, Mr. Loeb said, underlines the need to set realistic prices.

Inland, four units at Pheasant Run in Greenport and one in Founders Village sold in 2010.

“The sales prices probably declined about the same extent as single family homes,” said Mr. Loeb. “But the point is they all sold.”

Across the North Fork 57 condos and co-ops sold in 2010, down from 64 in 2009, said Laurie Mindnich of Options Realty in Riverhead.

“But overall pricing was close to what we saw in 2009,” she said. The highest priced sale was a unit in the Maidstone Landing complex in Jamesport on the Sound shore.

A 3-bedroom, three and a half bath condo sold for sold for $1,048,500, down from the $1,199,000 asking price.

The lowest priced sale was a Calverton condo that went for $85,000.

But a lack of inventory isn’t the only reason why some condo prices have not declined dramatically, said Ms. Mindnich.
“Some of the 55+ communities are in better shape than the unrestricted developments,” she said. “I think the reason is that older people will tend to buy a condo with cash and prices held up for that reason. Founders Village in Southold is one 55+ development that remains very popular, especially the end units.”

Jerry Cibulski of Century21 Agawam Albertson’s Southold office says there has been some price decline, which would obviously disappoint sellers. But on the other hand people are definitely purchasing condos.

“I’ve seen an increase in the number of people looking at 55+ condos recently,” he said. “Even when the weather was so bad, we’ve had people coming out to view some of the 55+ communities in Riverhead. There’s been a strong uptick in the last six months.”

Mr. Loeb says more inventory would be welcome.

“There’s certainly room for another reasonably priced community like Pheasant Run,” he said. “The sales prices for the four units that sold in 2010 ranged from $280,000 to $330,000. The properties are in the 1300- to 1400-square-foot range. Some have garages and there’s a pool. And the maintenance is done for you.”

The key to making a sale in the current market is to have the condo unit in tip-top shape, Mr. Cibulski said.

“You’ll definitely have to sell at a lower price than you may want if the unit needs repairs,” he said.

The development itself has to be in excellent financial condition if a seller is dealing with a non-cash buyer, says Mr. Cibulski.

“Banks are looking for condo developments to have good cash reserves,” he said.

Mr. Cibulski is of the opinion that the harsh winter may have provide hidden value for condo sales.

“It’s got a lot of people thinking about whether they really want to shovel their driveways and do all that other maintenance,” he said. “So all that snow may encourage people to take a fresh look at condominiums.

02/28/11 9:01am

A 34-year-old Hampton Bays man was arrested on DWI and drug charges after a traffic stop early Sunday in Flanders, police said.

Richard Curry was pulled over by police about 1:15 a.m. near Havens Drive and Oak Avenue for a traffic violation when an officer found him to be intoxicated, Southampton Town Police said. An investigation also revealed he was carrying a small amount of cocaine, police said.

He was arrested at the scene and charged with DWI and misdemeanor criminal possession of a controlled substance, officials said.

02/28/11 8:00am

There are 10 Commandments, several sins against the Holy Spirit, innumerable offenses that cry to heaven for vengeance and surely many other lists of forbidden acts from congregations unknown to me. Yet one such act has been able to fly under the radar and avoid the spotlight, maybe even bargained off the table by Moses up there on the mountaintop. Commandment No. 11 should definitely be “Thou shalt not throw out books.”

I am a good boy, and I do not throw out books. My wife, pure as the driven white stuff in all other matters, will have to face the music at the Pearlies, and confess that she does. She also leads me into temptation, saying things like, “That carton in the garage that says ‘JERRY’S BOOKS’ is from when we moved from Centerport to Fort Salonga 23 years ago.” There are two not too subtle messages here: 1) You’ll never read any of those books and 2) You’ll never read any of those books. She’ll discover today, as she reads this, that two years ago I rooted around among those books, plucked out “The Caine Mutiny” and reread it. (It was so good I put it back in the carton.)

Throw out books? I’m looking at our bookcase and there’s a copy of “This Is My Best,” a compilation of writing by 93 American authors, copyright 1942. I’ve rarely looked at it since then but after all, it was my father’s book. It’s also two inches thick, looks terrific in the bookcase and contains six Ogden Nash poems.

Oh, here’s “The Best of H.T. Webster” from 1953. Anybody remember H.T. Webster? Yes, the cartoonist who created Casper Milquetoast, “The Timid Soul.” A treasure. Look, here’s a 4 1/4- by six-inch book, “Barrack Room Ballads and Ditties” by Rudyard Kipling, circa 1899. A beauty — three-color stamped cover, two-color title page, printed endpapers …

But those are sort of exotic. Why do I have six hardbound Elmore Leonards, including 1985’s “Glitz”? Why are there endless clusters of John Irving, Robert Parker and Barbara Kingsolver paperbacks? Why is there a brittle and brown 1972 paperback of “The Maltese Falcon”? Why are there three Spanish college textbooks? And why is David McCullough’s 1,120-page “Truman” taking up all that space? (I know the answer to this — I actually finished it and remain extraordinarily pleased with myself.) And where’s my “Rise and Fall of the Third Reich?”

Oh, there is something else. I saw a rare book company’s ad offering an original 1926 “Winnie the Pooh” for $8,200. My copy is from 1935, the 114th printing (truly), but hey, hope is the thing with feathers.

I do have my “Lucky to Be a Yankee,” Joe DiMaggio’s 1946 autobiography — the first and only printing, in pretty good shape. In my mind I see an old guy living in an old house on Old Shipyard Lane calling me up saying, “I read your latest column. I’ll give you [pick one: $8,200 / $820 / $82 / $8.20 / $.82] for the DiMaggio book.”

Then there’s my 1945 first printing of Weegee’s “Naked City,” Weegee being the famous New York City photographer who … oh, never mind.

Mr. Case, of Southold, is retired from Oxford University Press and a former member of Southold Free Library’s board of trustees. He can be reached at Caseathome@aol.com.

02/27/11 10:13pm
02/27/2011 10:13 PM

ATTEMPTED STABBING ARREST

A Flanders woman was arrested Wednesday after threatening to stab her landlord with a kitchen knife, Southampton Town Police announced Saturday.

Brenda Richardson, 48, of Priscilla Avenue was charged with second degree menacing and third degree criminal possession of a weapon following the incident, which occurred after the two got into an argument around 5:45 p.m.

The victim did not sustain any injuries, police said.

DWI ARREST

A 23-year-old Flanders man was charged with DWI Wednesday after he was spotted tossing a beer can out his car window, police said.

Wilian Siguenza Sanmartin was spotted by police shortly after 9:30 p.m. on Montauk Highway in Hampton Bays. He was transported to headquarters and held for morning arraignment, police said.

DISORDERLY CONDUCT ARREST

A 32-year-old Riverhead man was charged with disorderly conduct shortly before 11 p.m. Wednesday for causing a disturbance near Marta’s Deli and Budget Host Motel in Flanders, police said.

Police said they found Jesse Huber near the motel where he was “cursing, yelling and bothering guests,” but only after they had received a phone call from an employee at the deli that he had already caused a scene there.

Mr. Huber was also charged with resisting arrest after he kicked and headbutted an officer, police said. While in custody at the jail, police said Mr. Huber attempted to flush his bed sheets down the toilet, causing flooding.

02/27/11 11:13am

Editor’s note: Listings prepared for Times/Review Newspapers by Suffolk Research Service, dated Dec. 23-29, 2010.

Baiting Hollow (11933)
• Rottkamp, J to County of Suffolk, Sound Ave (Dvlpmnt Rts) (600-61-2-8.1), (V), $736,548

Calverton (11933)
• Whitford Development to Urban, Thomas, 63 Alfred Ave (600-79-1-7.35), (R), $377,292

East Marion (11939)
• McCabe, J & P to Cove Realty Group LLC, Stoney Beach Rd (1000-22-3-18.14), (V), $1,050,000
• Kenny, D to Wanamaker, Barbara, Cleaves Point, Unit 1A1 (1000-38.2-1-1), (C), $650,000

Jamesport (11947)
• Delauro, M & E to Kahn, Ariana, 12 North Walk (600-7-2-3.1), (R), $700,000
• Gabrielsen, W & H to Powers, Helen, 152 Herricks Ln (600-48-2-1.11), (V), $400,000

Mattituck (11952)
• Brisotti, G & A to Krudop, Robert, Ole Jule Ln (1000-122-4-42), (V), $10,000

New Suffolk (11956)
• Peconic Land Trust to New Suffolk Waterfront Fund, 650 First St (1000-117-8-18), (C), $2,400,000

Shelter Island (11964)
• Katter, K & L to Zagoreos, Nicholas, 51 Dinah Rock Rd (700-1-1-9), (R), $1,250,000
• Blank, R & G to Keller, James, 56 A North Cartwright Rd (700-8-3-67.2), (R), $1,245,000

(Key: Tax map numbers = District-Section-Block-Lot; (A) = agriculture; (R) = residential; (V) = vacant property; (C) = commercial; (R&E) = recreation & entertainment; (CS) = community services; (I) = industrial; (PS) = public service; (P) = park land; as determined from assessed values in the current tax rolls.)