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Real Estate
Assets Of Legendary Composer From Region Valued At $75M Assets Of Legendary Composer From Region Valued At $75M
Assets Of Legendary Composer From Region Valued At $75M Broadway legend Stephen Sondheim's Connecticut estate is estimated to be worth about $75 million, according to a new report. The New York Post said that court documents show the estimated value of the estate, which includes the late composer's personal effects and rights to his music. Sondheim died on Friday, Nov. 26, at the age of 91 at his home in the Litchfield County town of Roxbury. During his career, Sondheim worked as a composer and lyricist for many Broadway musicals, including "Sweeney Todd: The Demon Barber of Fleet Street" and "Into The Woods." The NY Post said Sondheim left hi…

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by Nicole Valinote
Real Estate
Richard Gere Moves From One Town In Region To Another, Report Says Richard Gere Moves From One Town In Region To Another, Report Says
Richard Gere Moves From One Town In Region To Another, Report Says Movie star Richard Gere has listed his Northern Westchester home for tens of millions of dollars and moved to another mansion in a neighboring town, according to a new report. Gere listed his property in Pound Ridge for $28 million, and moved to the estate in North Salem, according to a report on Thursday, Jan. 20, from Dirt, a news outlet that focuses on luxury real estate. The Pound Ridge home is 11,658 square feet, with eight bedrooms and nine full bathrooms, according to the report.  The 72-year-old actor, known for roles in films including "Pretty Woman" and "Runaway Bride," made…

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by Nicole Valinote
Real Estate
Cardi B Building Sprawling Mansion In Northern NJ -- But She Calls It NYC (Photos) Cardi B Building Sprawling Mansion In Northern NJ -- But She Calls It NYC (Photos)
Cardi B Building Sprawling Mansion In Northern NJ -- But She Calls It NYC (Photos) Cardi B announced she's in the process of building a New York City home. But what she apparently meant was New Jersey. "These days I don’t just live one place, I’m everywhere due to my work. One thing for sure I needed a home in my home city of NY!" the rapper wrote.  "I’m soo proud of myself. I work so hard for my children to be comfortable everywhere they are regardless of work. Me and my husband have always dreamed of having a crib in NY, and we have decided to add to our portfolio of homes, along with Atlanta and LA." The sprawling Bergen County home, in Tenafly, sold fo…

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by Cecilia Levine
Real Estate
Hamptons Estate Hits Market For $78,000,000 Hamptons Estate Hits Market For $78,000,000
Hamptons Estate Hits Market For $78,000,000 Real estate mavens with a cool $78 million burning a hole in their pockets can be the proud owner of a Long Island estate that has hit the market in the Hamptons. In Southampton, the oceanfront estate at 1080 and 1100 Meadow Lane is on the market for anyone interested in bolstering their real estate portfolio in an impressive fashion. The property, originally built in 1994, includes 14 bedrooms, 14 full bathrooms, and five half baths on a 9.40-acre lot. “This singular Southampton property on Meadow Lane offers over eight acres 500+ ft. of direct oceanfront across two separate lots, in add…

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by Zak Failla
Real Estate
Underground Home Goes On Sale In Massachusetts Underground Home Goes On Sale In Massachusetts
Underground Home Goes On Sale In Massachusetts A unique New England home has gone on the market for those looking for a space that's a bit more down to earth. Literally. The "earth-sheltered" terra dome house, located in Princeton, Massachusetts, in Worcester County, was listed at a price of $640,000. The house has three bedrooms and two-and-a-half bathrooms, and is energy efficient, according to the realtor.  The home has "natural cooling in the summer, and the massive earthen berms insulating during the colder months," the realtor said. The house is located at 166 Wheeler Road in Princeton.  Learn more about the hous…

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by Nicole Valinote
Real Estate
Actress/Model's Estate In Region Goes To Auction Actress/Model's Estate In Region Goes To Auction
Actress/Model's Estate In Region Goes To Auction Supermodel and actress Maria Kimberly’s Hamptons estate is set to be put up for auction to buyers with a few million dollars in the bank. Kimberly, who came to prominence in the 1960s and 1970s, will have her 2.3-acre Southampton compound on Long Island put up for auction with no reserve on Tuesday, Sept. 21, according to a new listing. In the past, the gated residence has been put up for sale for upwards of $7.5 million, though it can be outright purchased now for slightly under $5 million. The auction is being conducted through Heritage Auctions. When it is auctioned, the estate will co…

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by Zak Failla
Real Estate
$69 Million Hamptons Estate Hits Market For First Time In 75 Years $69 Million Hamptons Estate Hits Market For First Time In 75 Years
$69 Million Hamptons Estate Hits Market For First Time In 75 Years Have $69 million lying around? If so, you can live on the beach at a massive New York estate that has hit the market for the first time in 75 years. It's located on the East End of Long Island, in East Hampton. “Cima Del Mundo,” which translates to “Top of the World” on Lily Pond Lane has been listed by Compass with a massive price tag as realtors look to sell the Spanish-Colonial estate, which was originally built in 1925 and renovated in the 1990s. Cima Del Mundo includes 400 feet of beachside property.Compass The 2.7-acre property includes 400 feet of private beach and ocean with v…

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by Zak Failla
Real Estate
Former Pro Sports Star's New England Estate Hits Market For $16.5 Million Former Pro Sports Star's New England Estate Hits Market For $16.5 Million
Former Pro Sports Star's New England Estate Hits Market For $16.5 Million A former professional athlete's massive 18,000-square-foot Connecticut compound has been put on the market for nearly $16.5 million. Sotheby’s International Realty listed a 445.62-acre estate in Litchfield County at 400 5 1/2 Mile Road in Cornwall, which is owned by tennis legend Ivan Lendl for $16,450,000, which includes 10 bedrooms, 12 full, and three partial bathrooms. 
“This extraordinary estate with a beautiful Georgian Federal-style home was designed by the American architect Allan Greenberg for world-renowned tennis legend Ivan Lendl,” the realtors wrote in the listing. Former t…

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by Zak Failla
Real Estate
New England Waterfront Estate Sells For $27.75M New England Waterfront Estate Sells For $27.75M
New England Waterfront Estate Sells For $27.75M It's got rooms with a view -- and plenty of them -- and the sale price to show for it. A sprawling Connecticut estate on the waterfront of Fairfield County's Gold Coast on the Long Island Sound has sold for $27,750,000, Houlihan Lawrence announced on Monday, May 10. It's located on the Belle Haven peninsula with 680-plus feet of shoreline on Greenwich Harbor, at 23 Smith Road.  The richly detailed 1939 residence was designed by noted architects Henry O. Chapman, Jr. and Harold Beder, and was the original home of banker and lumber dealer Oliver D. Mead.  There are …

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by Joe Lombardi
Real Estate
Massachusetts Home Prices Soar To New Heights Massachusetts Home Prices Soar To New Heights
Massachusetts Home Prices Soar To New Heights The price of buying a home in Massachusetts continues to soar, even as the country contends with the COVID-19 crisis. The median sale price of a single-family home in March climbed to $485,000, according to a new report from the Massachusetts Association of Realtors (MAR), which has seen a rise in the number of houses being closed on. Year-to-year, the $485,000 median price tag on a single-family home is up 16.9 percent from 2020, while the price of condos is up nearly 7 percent, to $459,450. According to the report, the association reported that 3,385 single-family home sales closed in Ma…

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by Zak Failla
Real Estate
New Multi-Sport Facility, Housing, Restaurant Planned For Site In Western Mass New Multi-Sport Facility, Housing, Restaurant Planned For Site In Western Mass
New Multi-Sport Facility, Housing, Restaurant Planned For Site In Western Mass A large residential building and a 54,000-square-foot multi-sport facility are on the road to reality after being approved by officials in Hampden County. Chicopee officials announced Wednesday, April 7, that Singing Bridge LLC will develop Lot 1 of the former Baskin parcel to include an approximately 102-unit residential building and a 54,000 square foot multi-sport facility in the first phase of the city's Chicopee Falls Vision Plan. The project, a brownfields redevelopment endeavor, also calls for the former Baskin warehouse building to be turned into a 10,000 square foot brewery/re…

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by Kathy Reakes
Real Estate
COVID-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic COVID-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic
Covid-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic The housing boom ignited by the COVID-19 pandemic has been even bigger than previously thought, according to data released by the Federal Reserve Bank of New York in its report for the final quarter of 2020. Total household debt increased by $206 billion (1.4 percent) to $14.56 trillion for the last three months of 2020, driven in part by a steep increase in mortgage originations, the report stated. That total debt balance is $414 billion higher than at the end of 2019. But wait, there's more. Home prices increased 9.5 percent in November, the highest jump in six years, according to …

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by Joe Lombardi