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REAL ESTATE
Basis Industrial Breaks Ground on Armonk Mixed-Use
Basis Industrial, a privately held and vertically integrated real estate owner and operator based in South Florida, celebrated the groundbreaking of its mixed-use property at 100 Business Park Dr. in Armonk, New York. The project consists of a 60,000 existing square foot mixed-use warehouse and a development site where a 117,000-square-foot mixed-use building will be constructed.
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...
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…
What are North Jersey's priciest ZIP codes? Here are the top five
For $22.5 million, you could buy Nascar legend Tony Stewart's 415-acre Hidden Hollow Ranch in Indiana, completed with a 8,700-gallon, two-story freshwater aquarium; a 1,500-gallon stream filled with a koi fish; a waterfall; and two separate buildings on the property for a guest house and a workshop. Or, for the...
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.
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.
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...
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.
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