RECENT STUDY SHOWS WALKABILITY ADDS VALUE TO A PROPERTY

Ceo’S FOR Cities, a national consortium of civic and business leaders, did a 2009 study and found that homes where you can walk to the supermarket and other stores, schools and parks will be valued at $4,000 to $34,000 more than those with less walkability where you have to drive to get to amenities.  The bigger, more urban the city, such as Miami, the higher value walkability adds.  Nearby public transportation also boosts value.

The study covered 94,000 real estate sales of comparable homes in 15 major markets. 

You can use Walkscore to rate the walkability of your home or a home you are considering purchasing. 

HAVE A GREAT TIME IN DELRAY BEACH

A PEEK AT DELRAY BEACH

Delray Beach is the type of coastal town that has it all: unobstructed beaches, shops, the restaurants and definitely, the entertainment.  A little bit for everyone to enjoy.  Delray does a great job with its festivals and fairs.  They close a main street and fill it to capacity with vendors, musicians and artists in a blink of an eye.  When is all over done with, it comes down just as fast as it went up. 

Come on downtown on Thursday, January 27^th for Art & Jazz On The Avenue.  Once a month, during the season, and on a Thursday from 6-10 pm, live musical entertainment is presented, On the Avenue.  Open house specials, and gallery exhibitions are will be browsed at the very least.  Even though it is On the Avenue, it will also extend to the SW 5th Avenue Plaza. 

Highlights will include:

• Florida Panthers’ Partymobile --- interactive games and the launch of the team’s new video game --- at the Delray Beach Magazine booth in the 300 block of East Atlantic Avenue.
• Palm Beach Makos and Cheerleaders in the 400 block of East Atlantic Avenue.
• Exhilarating skateboard course designed and constructed by Stoner Skateboards in the 600 block of East Atlantic Avenue;
• Sports clinics led by Atlantic High School sports leaders on the Great Lawn by Old School Square.
• City of Delray Beach Parks & Recreation sponsored dance and fitness demonstrations and performances led by the Delray Divas, Diamonds and Pearls and Delray Rocks and Cheerleaders Dance, also on the Great Lawn by Old School Square.
• Yankee great Roy White, the Roger Dean Stadium inflatable hitting bay and the Allianz golf hitting bay – all in Worthing Park.
• Representatives of the International Tennis Championships and the US Tennis Association in the 200 and 400 blocks of East Atlantic Avenue.
• Cycling on Your Mark in the 300 block of East Atlantic Avenue.
• Miss Geico 50-foot racing boat with jet turbine engine will be on display in the 500 block of East Atlantic Avenue and sports car along NE 1^st Avenue.
• Roaming Drew Tucker Stomp Band
• The Heavy Pets, a production of 102 Degrees, will be performing on the Old School Square Entertainment Pavilion with Stampede as the opening act. The concert will benefit Delray Beach’s Caring Kitchen through donations collected by volunteers. An after-party hosted by the new Pineapple Groove will start just after the concert.  
• Jim Kolvacik Trio in the 100 block of East Atlantic Avenue
• Groove Merchant and Atlantic High School Jazz Band on SE 4^th Avenue.
• Jazz Stream in the 400 block of East Atlantic Avenue.
• Al Johnson in the 500 block of East Atlantic Avenue.
• Visitors to the Vista BMW tent will be invited to register for a chance to win a new BMW 135i. Details will be available on site.
• Representatives of the Boca Artists Guild in the 100 East Atlantic block.
• Avalon Gallery at 425 E Atlantic Ave.
• Blue Coast Art Exhibit at 110 E Atlantic Ave.
• Blue Gallery at 600 E Atlantic Ave.
• Cacace Fine Art Studio & Gallery at 135 E Atlantic Ave.
• DeBilzan Gallery at 38 E Atlantic Ave.
• Delray Art & Framing at 321 E Atlantic Ave.
• Ford Fine Art at 235 NE 4^th Ave. #101
• Forms Gallery at 415 E Atlantic Ave.
• Kevro’s Gallery, Media Studio & Art Bar at 166 SE 2^nd Ave.
• Ora Sorensen Gallery at 445 E Atlantic Ave.

 Art & Jazz will extend to the SW 5^th Ave Plaza with entertainment from:

• Beacon Center first- and second-grade classes, creative dance team and Village Academy praise dancers.
• Creative dance team, Step Club and Drum Line of the Family Resource Center.

FREE ADMISSION!

THE GOOD NEWS: FALLING REAL ESTATE PRICES MAY ENCOURAGE BUSINESSES TO MOVE TO PALM BEACH COUNTY

Palm Beach is 40^th on the list of top 55 cities of cheapest places to run a corporate headquarters.  New jobs could evolve from corporations moving into our area.  The average age of Boca Raton residents is 42.

They were ranked by Boyd Company, Princeton, NJ, comparing the cost of running a hypothetical 75,000 sq ft office with 300 employees.  The first 3 on the list were New York, San Francisco and San Jose.  Orlando was #55.   

Boyd  Company helps many of America’s best-known companies plan real estate expansions and does surveys in many industries. 

WALL STREET JOURNAL

REPORTS SALES OF EXISTING HOMES

PERKS UP

WSJ reports buyers seeing a low point and opportunities to make good purchases.  

 

According to the WSJ, while the real estate market is not yet close to recovery, low interest rates which are slowly inching up and bargain prices fuel 12.3% gain for existing homes in December 2010.  Buyers are locking in interest rates and closing on existing homes. Sales of distressed homes such as foreclosures and short sales rose to a 36% market share which spurred more discounting, with prices falling 1% in December.

 

According to Lawrence Yun, NAR chief economist, "The market is getting much closer to an adequate, sustainable level. The recovery will likely continue as job growth gains momentum and rising rents encourage more renters into ownership, while exceptional affordability conditions remain."

4th ANNUAL DOWNTOWN DELRAY BEACH ART SHOW

January 15th & 16th, 2011

Located on Atlantic Ave starting at US1 East over the Intracoastal Waterway all the way to A1A on the Atlantic Ocean. 

Browse, walk, observe and buy... enjoy the day in this fabulous "All American Town."  Stop in one of the eateries for some glorious food.  Mingle, people-watch, and talk to the artisans.

Lovely way to spend the day.


SEE VIDEO

TIME FOR A WALKING TOUR OF HISTORIC PLACES IN PALM BEACH?

Worth Avenue is considered one of the best world wide upscale exclusive shopping streets, with many top name luxury retail stores, jewelers, art galleries and restaurants.  Walking down Worth Avenue, in and out of the pretty and picturesque flowered alleyways, browsing or buying, can occupy a happy afternoon.  

Five major architects are responsible for charming, elegant old-world Mediterranean-style buildings in the Worth Avenue area – Addison Mizner, John Volk, Howard Major, Maurice Fatio and Marion Sims Wyethe.  The Everglades Club was built in 1918 and is still beautiful.  These architects are also responsible for many commercial and residential buildings.  The Palm Beach Preservation Foundation’s mission is to preserve the architectural and cultural heritage of the Town of Palm Beach and the scenic quality.  Awards are given to properties for their preservation efforts and results.

Built in 1925, architects for the Brazilian Court Hotel were, Rosario Candela (1925) and, Maurice Fatio (1936).  The property began as a Mediterranean Revival style residence, and later added a south wing and was landmarked in 1994.  Fatio built many beautiful homes in the area, as did the other architects mentioned above.  These stately elegant properties still stand, well loved and lived in, a testament to the abilities and quality of materials used by these architects in the early 1920’s.  In 2010 this hotel was designated #1 in Florida by Travel & Leisure Magazine. 

Now a 5-star hotel, you might want to stop for an exciting lunch or dinner at Café Boulud.  The courtyard in back is charming and romantic. A reservation for a room or suite will result in an elegant, memorable vacation.  The courtyard in back is charming and romantic. A reservation for a room or suite will result in an elegant, memorable vacation. You can walk to Worth Avenue or head to the beach with jeep transportation provided.

At 450 Worth Avenue, Casa de Leoni, built in 1920 by Addison Mizner, favors a Venetian design.  This property received the Preservation Foundation Ballinger Award for Restoration in 1995.  At 456 Worth Avenue, sits Villa des Cygnes, built by Addison Mizner in 1922.  In 417 Major Alley there is a small row of Bermuda style homes built by Howard Major in 1925.

In 1994, Pan’s Garden at 386 Hibiscus Avenue became a Preservation Foundation project, and won many awards.  See many Florida native plants at this delightful, serene Botanic Garden.  At 319 Brazilian Avenue, a typical Palm Beach bungalow was built in 1910 and given the Preservation Foundation of Palm Beach Ballinger Award for Restoration in 1995.  Tours are available for school children.

The oldest house in Palm Beach is Sea Gull Cottage, built in 1886, in 1993 Henry Flagler’s first winter home.  In 1913 it was moved to the oceanfront as part of the Breakers Hotel.  The property has won many awards.

For exclusive walking tours for groups, call 561-659-6909 and be treated to the history of the area by James Ponce, who is called Palm Beach’s only “Two Legged Historical Landmark” by the Palm Beach Town Council.  Hear the facts and fables of Palm Beach’s illustrious history and celebrity residents.  Tours are scheduled to start at 11 a.m. in the Gucci Courtyard at 256 Worth Avenue on January 12,  January 26, February 9, February 23 and other dates thereafter.  Call to reserve.

UNIQUE HISTORIC LUFF HOUSE IN BOCA TO BE DEMOLISHED?

LUFF HOUSE IN THE 1920'S

 LUFF HOUSE TODAY

 

Foreclosed on last January 2010, the Luff House at 390 East Palmetto Park Road is one of the city’s earliest bungalow-style homes, one of Boca Raton’s 10 oldest surviving structures.  Not wanting to maintain the house, the current owners want it off the property by the end of the year or demolished.

 

The house was built in the early 1920’s using coral rock, unique to South Florida.  The exterior appearance has changed over the years as you can see in the two pictures above. With no historic designation for the house, the owners can demolish the house if they wish, but the Boca Raton Historical Society feels it is important enough to be relocated and used.

 

Suggestions for a new location include Sugar Sand or Spanish River Park, if the historical society or someone else could have it moved.  Cost is estimated for the move at $175,000.  Eligible for state and federal grants, such as from the Florida Bureau of Historic Preservation, those funds have dwindled as the economy has.  

 

Perhaps a group within the area will agree that this property is steeped in historical value and worth saving and reusing, and find funding to get this gem moved and used as an educational facility or for their own personal use.  It has been occupied by several businesses – antiques, watches, jewelers, and was the home of community agencies such as the Junior Service League and first home of the Boca Raton Historical Society.  

 

Anyone interested in helping can contact the Boca Raton Historical Society at (561) 395-6766, extension 106.