Chappaqua
REAL ESTATE
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…
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 …
Alpine Mansion With Golf Course, Bowling Alley Breaks Sale Records For 2024 In NJ
The gated home at 4 Stone Tower Drive in Alpine, which sprawls across 22,782 square feet and sits on four acres of land within the Rio Vista section of the borough, sold for $16.7 million on Wednesday, July 17. Designed by renowned architect James Paragano, the home's buyer was represented...
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.
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,...
Surging rents and prices, slack wages drive Hudson Valley housing crisis, report says
Stagnant wages and cratered home inventory push Hudson Valley's low earners out and pinch middle class, report finds. Rents and mortgages are sapping more and more of Hudson Valley incomes, Hudson Valley Pattern for Progress reports. Those looking to buy a home or rent an apartment don't need a report...
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.
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.
Exquisite Haworth Home Sells For $370K Over Asking Price (Photos)
A Bergen County home sold for $2.265 million — and $370,000 over asking price. The more than 5,600-square-foot home at 157 Grant St. in Haworth boasts five bedrooms, five bathrooms, and multiple exquisite upgrades, listing agent Tony Nabhan of Keller Williams City Views says. Highlights of the home include...
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.
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...
Bobov Acquires Portion of Monsey Property in Sale Brokered by Metrex Realty: St. Zita’s Villa Sold for $12 Million
St. Zita’s Villa, a 13.95-acre property at 50 North Saddle River Road in Monsey, has been sold for $12 million to Suffern-based Developer GLP, LLC, brokered by Metrex Realty. Immediately after the purchase, GLP, LLC sold 0.76 acres to Bobov for $2 million. The remaining land was transferred to...
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...
Paramount Country Club in New City Seeks to Add Housing to Land on Golf Course
If you’re really into golf and can’t stand driving long distances to your favorite course, you may be interested in a project being proposed for the town of Clarkstown. The owners of Paramount Country Club are looking to build residential housing on excess land near the golf course located off Zukor Road in New City. Tina Traster is the editor of the Rockland County Business Journal, and she says the zoning would need to change to accommodate the new plan…
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