Armonk, NY

Armonk is a town in Westchester County, New York, United States. The population was 18,812 at the 2010 census. It is part of the White Plains– Armonk– Monsey Metropolitan Statistical Area.

The town of Armonk was first settled around 1798 by Nicholas Bayard and other Huguenot refugees from France. The name " Armonk" is derived from the Dutch word "Aernem", meaning "a meadow by a stream".

In 1892, Armonk became home to IBM's first factory. In 1914, IBM opened its new plant on what is now known as IBM Plaza. In 1924, Armonk became home to Eastman Kodak's film laboratory and production facilities. Eastman Kodak remains an important employer in Armonk today with operations in the town's northern end along Route 9 and east of Interstate 287.

The Town of Armonk operates its own police department which employs approximately 30 officers supplemented by contract personnel from agencies such as the Westchester County Sheriff's Office and New York State Police Troop G stationed at various locations throughout the town including IBM Plaza and Town Hall on Main Street (Route 9). Fire protection is provided by three volunteer fire companies: Engine Company 1 (founded in 1896), Ladder Company 2 (founded in 1903), and Truck Company 3 (founded in 1957). There are also two private ambulance companies operating within the town limits: Advanced Life Support Ambulance Service (established 1984) and First Response Ambulance Service (established 1998).

The primary commercial artery through Armonk is Route 9 which runs north-south through the center of town bisecting it into east and west sections. Route 9 features several large retail complexes including The Shops at Crossroads which anchors an area along Route 9 just south of I-287; Crossroads Center which includes Macy's as well as other major retailers; The Promenade at Greenburgh which includes JCPenney, Sears, Target, Bed Bath & Beyond; The Marketplace at White Plains which includes Home Depot among others; while also providing access to smaller businesses such as Starbucks Coffee & Tea, Panera Bread Bread bakery & cafe etc.. There are also several office buildings located along Route 9 including IBM Plaza along with offices for Verizon Wireless Corporation., Ernst & Young LLP., KPMG LLP., PricewaterhouseCoopers LLP., Morgan Stanley Smith Barney LLC., Credit Suisse AG., Deutsche Bank AG., Wells Fargo Bank USA NA., TD Ameritrade Holding Corp.. Additionally there are numerous residential neighborhoods located throughout Armonk including Bedford Hills Estates near I-287 south of downtown; Park Slope South just south of downtown adjacent to IBM Plaza; North Hills adjacent to Crossroads Center across from I-287 northbound exit ramps; Millwood adjacent to Target across from I-287 northbound exit ramps; Pleasantville adjacent to Home Depot across from I-287 northbound exit ramps while also containing a number of single family homes scattered throughout much like any suburban community.; Woodland Hills just east of downtown bordering Pleasantville.; Glen Oaks just northeast of downtown bordering Bedford Hills Estates.; Hawthorne Woods just northwest of downtown bordering Millwood.; Stone Ridge just southwest corner adjoining Hawthorne Woods adjoining Glen Oaks.; Tarrytown Heights overlooking Tarrytown Valley.]

According to data released by Nielsen Scarborough Inc.'s 2017 report on regional consumer spending patterns - 'Nielsen Scarborough’s 2017 Report on Regional Consumer Spending Patterns' - real estate continues to be one sector where communities across America continue show strong year over year growth." Specifically within Westchester County specifically - "In 2017 alone...the total value sales volume for all types housing units within Westchester increased 5% when compared with 2016 levels." This growth can be attributed largely due to continued demand for both single family homes as well as apartments/condos although there has been some slowdown recently seen in luxury home sales activity." Overall then - "Real estate continues to be one sector where communities across America continue show strong year over year growth."

When considering real estate specifically within Armonk specifically then it should come as no surprise that according to data released by Zillow Inc.'s 2018 report on regional housing markets - 'Housing Market Trends In 2018' - "Home values increased 4% nationally during 2018" however this trend was not seen equally throughout all regions with prices increasing faster than inflation rates in most coastal states but seeing slower or no growth rates or even declining values in many Midwestern states" including Westchester County where median home prices increased 6%. This increase can likely be attributed largely due to low interest rates combined with limited supply especially given that accordingto Census Bureau data released earlier this year there has been a net increase since 2010of almost 128 thousand housing units nationwide but only about 36 thousand units have been added since 2015 when prices began their upward trajectory." While this may seem like good news for those looking for affordable homes it does present some challenges particularly given that accordingto recent reportsfrom Realtor Magazine - '2018 Top 10 Cities For Real Estate Investing' - "[T]he market conditions have shifted so much recently that investors need more than ever before...an understanding not only about local zoning laws but also about municipal finances,...and how each municipality handles development reviews" if they hope touse their money wisely when investing in real estate especially given current political climate