6/15/07

The Other Manhattan Beach



What will future civilizations think of Manhattan Island when they dig it up and find a carefully laid out network of streets and avenues? Surely the grid would be presumed to have astronomical significance, just as we have found for the pre-historic circle of large vertical rocks known as Stonehenge, in the Salisbury Plain of England. For Stonehenge, the special day is the summer solstice, when the Sun rises in perfect alignment with several of the stones signaling the change of season.

For Manhattan, a place where the evening matters more than the morning, that special day comes on May 28; one of only two days in the year when the Sun sets in exact alignment with the Manhattan grid, fully illuminating every single cross-street for the last fifteen minutes of daylight. The other day is July 11th. Had Manhattan's grid been perfectly aligned with the geographic north-south line, then our special day would be the spring equinox, and if we so designated, the autumn equinox -- the only two days on the calendar when the Sun rises due east and sets due west. (Hard to believe for anyone from Manhattan Beach as we know it.) But Manhattan is rotated 30 degrees east from geographic north, shifting the days of alignment elsewhere into the calendar. Upon studying American culture, and what is important to it, future anthropologists might credit the Manhattan alignments to cosmic signs of Memorial Day and, of course, the All-Star break. War and baseball.

Because Manhattan is so small (13 miles long) compared with Earth's distance to the Sun (about 93 million miles), the Sun's rays are essentially parallel by the time they reach Manhattan, allowing the Sun to be seen on all cross streets simultaneously, provided you have a clear view to the New Jersey horizon. Some major streets cross the entire island from river to river without obstruction, including 14th, 34th, and 42nd Streets. While the May 28 sunset qualifies as the exact day for this auspicious moment, the surrounding days will also work, as the sunset point migrates slowly north from day to day along the horizon, bringing with it ever-lengthening daylight hours.

From my home in Port Washington, Long Island N.Y., June’s Shakespeare Theater-In-The-Round due north in Connecticut, it was was a short sail across Long Island Sound to the slip adjacent to theater/restaurant mooring. A return sail to Port Washington took place in a moonlit evening. There were no traffic problems to deal with.

Sunset on Manhattanhenge begins at 8:10PM, at a cross-street near you.

Manhattan Beach might enjoy the eastern lifestyle, even though a sunset east of the 405-Fwy here would be hard to visualize.


Currently in the South Bay, with the sunsets west of the 405, there are 398 properties available, comprising:

El Segundo: Total 36
Single Family Residences: 23

Median: $1,299,000; Low: $765,000; High: $1.849,000
DOM: 77
Townhome/Condos: 13

Median: $645,000; Low: $429,000; High: $849,900
DOM: 98

Manhattan Beach: Total 126
Single Family Residences: 104

Median: $2,349,950; Low: $849,999; High: $8,150,000
DOM: 88
Townhome/Condos: 22

Median: $1,584,000; Low: $640,000; High: $4,950,000
DOM: 88

Hermosa Beach: Total 91
Single Family Residences: 55

Median: $1,499,000; Low: $659,000; High: $11,000,000
DOM: 105
Townhome/Condos: 36

Median: $1,274,000; Low: $469,000; High: $2,499,900
DOM:69

Redondo Beach South: Total 145
Single Family Residences: 41

Median: $1,275,000; Low: $750,000; High: $2,699,900
DOM:61
Townhome/Condos: 104

Median: $949,900; Low: $349,000; High: $4,990,000
DOM: 81

6/4/07

Housing Inflation?



Ah yes, I can remember when our home in Westwood Village cost somewhere in the neighborhood of $5,000. Just south of Wilshire Blvd, it was a beauty with a bamboo walled den and porch from this romantic feeling room overlooking a sizeable backyard. The large garage was on the back of the yard. We would drive to the top of Sepulveda Blvd (pre-405 Fwy) and hunt deer, not far from where the current Getty Museum sits. Manhattan Beach was unknown to many in those days. Kids, but not many adults, would ride bicycles down to surf. Prices in either end of these towns are now of course nostalgic.

Those who bought homes in the 90’s saw home values drop...there was a period when they owed more than they could get if they sold. Today, they’re sitting pretty. These nightmare years are a distant memory.

It’s a realistic thing for potential buyers today to consider...it will happen again just as sure as the sun will rise. Buying a home will become an excellent investment in the future...as long as the buyer spends some time in the property. Home ownership has done so much for so many... and will continue to do so. Inflation will continue to work for the buyer rather than against them.

Currently in the South Bay, there are 381 properties available, comprising:

El Segundo: Total 35
Single Family Residences: 22

Median: $1,299,450; Low: $765,000; High: $2,190,000
DOM: 56
Townhome/Condos: 13

Median: $669,000; Low: $439,000; High: $879,900
DOM: 83

Manhattan Beach: Total 122
Single Family Residences: 101

Median: $1,544,000; Low: $799,000; High: $1,995,000
DOM: 26
Townhome/Condos: 21

Median: $1,619,000; Low: $655,000; High: $4,950,000
DOM: 78

Hermosa Beach: Total 100
Single Family Residences: 57

Median: $1,549,000; Low: $659,000; High: $11,000,000
DOM: 93
Townhome/Condos: 43
Median: $1,249,000; Low: $479,000; High: $2,499,900
DOM:60

Redondo Beach South: Total 124
Single Family Residences: 33

Median: $1,225,000; Low: $750,000; High: $2,699,900
DOM:81
Townhome/Condos: 91

Median: $807,000; Low: $683,900; High: $899,900
DOM: 65