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Gannett Newspapers, May 11, 1997.
NEW
HOMES ON THE HUDSON.
When
William G. Balter entered the new single-family home building
industry in 1989, a recession and tight economy made for
rough waters in the market.
People
who cold afford to move into a newly built home wanted top
value for their dollars, which some developers couldn't
provide depending on their overhead was Balter who with
Rober t H. Wilder Jr. co-owns Elmsford-based Wilder Balter
Partners LLC.
As
the economy and single-family housing market continues to
make broad improvements in 1997, little has changed as regards
customers' demands for value, Balter said. But they also
want a little more, which Balter believes comes with his
new single-family home development, Westwind, in Croton-on-Hudson.
Westwind
is a 34-home community that started construction in September
1996. It's built upon a 35-acre site along the Hudson River.
Approximately 15 acres are preserved as open space, Balter
said.
We
chose this site because it's a very desirable village to
live in, and its on of the latest underdeveloped subdivisons
in the village of Croton-on-Hudson," Balter said. "It has
beautiful views of the Hudson and it's close to two express
train station stops. And it's in a terrific school district,
the Hendrick Hudson School District.
"In
1996/1997, compared to 1989, you can sell more single-family
houses as long as you give people tremendous value, a good
school system, good transportation and an architecturally
pleasing house.
Balter
attempted to provide the latter by offering colonial-style
homes. The homes come in four basic models, each featuring
four bedrooms, two-and-a-half baths, a two-car garage and
a full basement. Average square footage for the homes ranges
from 2,300 square feet to 2,800 square feet of living space,
said Perry Goldman, president of New Home Sales & Marketing
Inc., the marketing company for Westwind. That does not
include basement and garage space. The homes are built on
an average half-acre home site. Several have a view of the
Hudson River of the Hudson Valley. Prices range from $299,000
to $425,000, Perry said.
Goldman
said the homes feature many of the amenities that new and
second-time home buyers want, such as central air-conditioning,
fireplaces, 9-foot ceilings on the first floor and hardwood
floors. A complete landscape package is included in the
deal.
So
far, two homes are completed, with one sold, Goldman said.
Eleven homes are under construction. Goldman expects to
be sold out by summer and have all the homes built by the
summer of 1989.
Westwind
buyer are predominantly young families with young children
or couples expecting to have children in the near future,
Goldman said. "We created a real neighborhood feeling here."
Goldman said. "Friendships have formed already, and people
are getting to know their neighbors.
Article
reprint from the Gannett Newspapers, May 11, 1997.
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