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REAL ESTATE
5-Story Multifamily Residential Building Coming To Heart Of Westchester Village
A five-story residential building containing more than 150 apartment units is set to be built in the center of a Westchester County village in close proximity to a Metro-North train station. The 1.44-acre development, to be known as the Station Lofts, will be located in Port Chester at 67 New …
Mary Tyler Moore's former Greenwich house sees $2 million price reduction
After hitting the market last September for $21.9 million, the former house of actor Mary Tyler Moore has taken another price cut this month. Last week, the price of home belonging to the "Ordinary People" actor was cut down by $2 million— down to $16.9 million, according to Zillow records. In April, the price of the property was cut by $3 million — down to $18.9 million at the time.
New Development With Over 100 Affordable Apartments Completed In Westchester
Construction of an all-new six-story apartment building in Westchester with more than 100 affordable units has been completed with help from New York state officials. The grand opening of Summit on Hudson, located in Yonkers just a half-mile from the city's Metro-North train station, was celeb…
Abstract Westchester Home Designed By Esteemed Architect Listed For $2.9M
A Westchester home with a less-than-conventional design from an architect who graduated from an esteemed art school could be yours for several million dollars. The property, which dates back to 1937 and is located at 29 Penny Lane in Scarsdale, is now listed for $2.998 million by Christie's In…
Westchester home designed with striking 1980s flair lists for $4.7M
A modernist beachfront home designed by the late architect Myron Goldfinger is on the market for $4.7 million. It’s the first time the home has been for sale since it was built in 1982. The five-bedroom, six-bath spread, which has been featured in shelter magazines over the years, is at 30 Beachfront Lane in New Rochelle, NY. It’s part of a tony, gated community of just 12 homes, 35 minutes by car from the city. This Miami mansion found a buyer in a day — for $34M in cash At 5,903 square feet, the house sits on 0.38 acres, and comes with a pool...
Greenburgh affordable housing, Edgemont incorporation Round 3, and NY-17 fundraising
This past week found me in Greenburgh, delving into issues revolving around land use, property taxes, and the need for affordable housing. The issues swirling around the Greenburgh Planning Board were unprecedented in our region. After attending a three-day workshop on affordable housing earlier this year at Pace University’s law school, four members of the Planning Board decided to form a nonprofit organization dedicated to building affordable housing.
Look inside Westchester luxury homes currently for sale. See the photos
Ever dreamed of having your own private beach or a pickle ball court? In Westchester, it's not what real estate dreams are made of — it's reality. Prospective buyers, or virtual voyeurs, have more options than ever when it comes to the opulent — and it's translating into sales. In Westchester County,...
Developers Propose Zoning Changes to Bring New Housing to Croton-On-Hudson
a partnership between Monday Properties, KPR Centers and Nexjen Real Estate, has filed a petition for amendments to the zoning code to allow for a transit-oriented residential development at 1 Half Moon Bay Drive in the Village of Croton-on-Hudson (the Village). The 5.66-acre 1 Half Moon Bay Drive site sits between Route 9A and the Metro North and Amtrak train lines approximately one mile from the Croton-Harmon train station. It is currently occupied by an approximately 120,000-square-foot industrial warehouse and distribution center.
HNA Property in Palisades Sells for $26.3 Million
The Town of Orangetown is abuzz with the completion of a significant real estate transaction: the sale of HNA’s Palisades Training Center on Route 9W. The 106-acre property has been purchased by a group of developers for $26.3 million, marking the end of a tumultuous saga that included involvement from the Chinese government, bankruptcy proceedings, and various development proposals.
WAC closes $200,000 commercial loan for fix and flip construction project
Stamford, CT Worth Avenue Capital, LLC (WAC) has closed a $200,000 commercial loan for a boutique construction company. The loan proceeds were used towards the purchase and renovation of a single-family house in which the borrower will be undertaking a fix and flip project on this property. The loan is secured by a first mortgage on the property with an underlying LTV of approximately 61% based on the purchase price. The property was previously owned by an estate and the borrower purchased the property at a price that was well below market value. As such, upon the completion of the renovations of the property, the borrower expects to flip the property at a substantial profit after paying off WAC’s short term bridge loan.
RXR arranges three leases at Atlantic Station totaling 40,000 s/f
Stamford, CT Real estate owner and operator RXR inked three new leases totaling 40,000 s/f at Atlantic Station. Located within the base of the luxury multi-tower project, the new retailers will provide dining, entertainment and shopping opportunities for both residents and the broader community. “These tenancies further the proof of...
New Canaan Now & Then: The James House
‘New Canaan Now & Then’ is sponsored by Brown Harris Stevens Realtors Joanne Santulli, Karen Ceraso, Bettina Hegel and Schuyler Morris. The “James House” on Frogtown Road was built in 1965 and designed by an unknown architect. The original house was one story with a basement structure...
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