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For school-obsessed parents, Edgemont is beginning to rival Scarsdale as the place to be. “[The demand for homes in] Scarsdale is insane,” says Keller Williams agent Jeremy Zucker. “But I’ve actually had a few people say they don’t want to be in Scarsdale because of the pressure on their kids. Edgemont is a really popular alternative; the schools are excellent.” Edgemont Jr/Sr High School has been recognized by U.S. News & World Report many times as one of the top schools in the nation. But you’ll pay for that praise: Though Edgemont is more affordable than Scarsdale, you’d still be hard-pressed to find single-family homes here for less than $800,000 (and both generally run $1 million-plus).
Armonk is growing increasingly popular for “families who can afford a big spread,” says Zucker. In addition to abundant space (the typical Armonk home is set on multiple acres and costs close to $1 million) and top-rated schools, there is also a newly flourishing downtown scene. Trendy restaurants such as Moderne Barn, Zero Otto Nove, and Restaurant North line the hamlet’s streets, and there are five theater groups (including The Armonk Players and The Small Town Theater Company). The recent addition of Armonk Square offers standouts such as Bowls, a make-your-old salad place; food purveyor DeCicco Family Market; high-end kid’s boutique Jagger and Jade; and the bustling Italian restaurant Fortina. Hollywood sweethearts and Bedford residents Blake Lively and Ryan Reynolds were even spotted on a date in the Square last year.
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New Rochelle, just a 36-minute commute to Grand Central, pulls in the younger demo and first-time homebuyer crowd with plenty of affordable co-op and condo options. (The 2013 median home-sale price was $580,000.) The city boasts many amenities including a wealth of shopping, dining, and entertainment options, as well as easy access to major roadways. It is also home to residents of a broad spectrum of ethnicities and religions, says Jeremy Zucker, a Wall Street trader turned real estate agent with Keller Williams Realty. “There is a growing demand [for real estate in New Rochelle] because of its Jewish life,” he says. “I also just sold a home to a Pakistani Muslim who wanted to buy a house near a mosque.”