Real LI: Posts from our daily blog
WHAT'S UP, DOC?
Ruch Lane in Southold is named after a doctor who built about a dozen cottages around Arshamomaque Pond. The cottages, including the one pictured, which was built in 1943, were occupied by the doctor's family and friends, says Kathleen Travers of The Corcoran Group, who is marketing the home for $649,000.
Like the others, this cottage features what is often referred to as a North Fork stone fireplace, which is built of stones that were hand-picked from the pond.
"These fireplaces are coveted . . . and not that common," Travers says.
Facing a scenic preserve across the water, the property has 90 feet of waterfront and access to the bay. -- LISA DOLL BRUNO
FORECLOSURE HOT SPOTS
Wondering how bad the foreclosure crisis has gotten on Long Island?
A new interactive map released by the Federal Reserve Bank of New York lets users click a button and watch foreclosure hot spots on Long Island light up as the crisis intensified from fall 2007 through 2011.
Users can view three time-lapse maps showing the percentage of mortgages in foreclosure, those delinquent by 60 days and those delinquent by 90 days or more. The Long Island maps show rates for each ZIP code over time. The tristate maps are broken down by county.
Users can pause the time lapse and move their computer's cursor over each ZIP code or county to display the foreclosure or delinquency rates for that area and time period.
The New York Fed expects to update the feature as more information becomes available about mortgage delinquency and foreclosures in New York, New Jersey and Connecticut.
The new feature aims to "provide relevant and timely analysis to help inform the public, policy makers and community leaders about these ongoing conditions," Kausar Hamdani, senior vice president of regional and community outreach at the New York Fed, said.
The map can be found at newyorkfed.org/regional
mortgageconditions. -- MAURA McDERMOTT
DUTCH COLONIAL TREAT
A 1910 Dutch Colonial in Sayville, listed for $497,000, is on the market for the first time in more than six decades, says seller Virginia Van Schaick. Her parents, both music teachers, purchased the home in 1946. It's where she and her brother and sister experienced a "wonderful childhood," she says, adding, "It's time for another family to enjoy it."
The owners before 1946 would rent the house to city visitors during the summer.
Listing agent Norm Marcioch of Prudential Douglas Elliman Real Estate says the home has three bedrooms and 11 / 2 baths, and features wood floors and 9-foot ceilings on the first floor. Pocket doors separate the dining room and the living room. There's a back staircase off the kitchen leading to the second floor. Two stained-glass windows, original to the house, are at the front entrance and at the bottom of the stairway. -- VIRGINIA DUNLEAVY