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Heading North to Discover a Hudson Valley Dwelling for $500,000. However Which One?

by Index Investing News
October 17, 2024
in Property
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When Laurie Umanoff Goldstein and Steven Goldstein determined to maneuver from Philadelphia to upstate New York just a few years in the past, it meant leaving the home they’d lived in for 40 years. Mrs. Goldstein’s perennial backyard was nonetheless rising, as was the neighborhood and clientele that she’d cultivated as an artist and inside designer.

However their two youngsters had lengthy since left the home, and Mr. Goldstein had not too long ago retired as a psychotherapist. And actually, shifting to New York was a homecoming of kinds: The Goldsteins met in Manhattan in 1972, when he was a program director on the United Cerebral Palsy of New York Metropolis heart and employed her as an artwork instructor. They had been married at her aunt and uncle’s residence in Westchester just a few years later.

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When Mr. Goldstein obtained a job in Philadelphia at a nonprofit targeted on youth crime prevention, the household moved down there and settled in. 4 many years later, the children had been grown up and residing within the decrease Hudson Valley, and Mr. Goldstein, now 82, was commuting to Manhattan two days per week to see sufferers at his non-public observe.

Transferring north “was the absolute best factor we might do as a result of we wished to be nearer to our kids,” he mentioned.

He was acquainted with the world, about two hours north of Manhattan, having spent summers there as a boy. His mom had opened a small antiques store within the Catskills, and he and Mrs. Goldstein, now 76, continued to run the store seasonally till they bought his mom’s home final yr.

“He was ageing, I’m ageing,” Mrs. Goldstein mentioned. “You’re residing your life and doing what you need to do, and elevating youngsters, and abruptly you’re like, ‘Wow, I’m older.’”

The Goldsteins began in search of a home in 2021 with a $500,000 money price range, specializing in riverfront Dutchess County cities like Hyde Park and Rhinebeck. Their want checklist included additional rooms for friends and an artwork studio, however they didn’t want something as giant as their 2,200-square-foot home in Philadelphia. “Individuals requested me if I used to be going to downsize,” Mrs. Goldstein mentioned. “And I mentioned, ‘Probably not. I’m right-sizing.’”

They wished a first-floor major suite and sufficient area to deal with their furnishings, together with a newly reupholstered vintage wraparound couch that after belonged to Mrs. Goldstein’s grandmother. They usually had been curious in regards to the space’s townhouse developments.

“I had lived in a home that had partitions, and I mentioned, ‘I simply need all of it open,’” Mrs. Goldstein mentioned. “I wished to experiment to see how I could make it my very own and make it cozy. If we had been to maneuver into one thing previous, you nearly should intestine it. It’s important to paint it, you need to replace the electrical energy.”

Amongst their choices:

Discover out what occurred subsequent by answering these two questions:



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