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Real Estate
Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units
Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units Construction has begun on a new $223 million affordable housing development in Westchester that will create hundreds of new homes.  The project, called Opal 115, will bring 315 affordable apartments to the city and is being built in partnership with Forward Thinkers Development, Grandview Consulting, and The NRP Group.  The development, which will hold a groundbreaking ceremony on Tuesday, Dec. 17, will provide housing for households earning 40 to 90 percent of the Area Median Income.  Nearly half of the apartments will be two- and three-bedroom units designed to accommodate…

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by Ben Crnic
Real Estate
Luxurious Westchester Estate Once Owned By 'Father Divine' Listed For $5.495M Luxurious Westchester Estate Once Owned By 'Father Divine' Listed For $5.495M
Luxurious Westchester Estate Once Owned By 'Father Divine' Listed For $5.495M A stunning Westchester estate with breathtaking Hudson River views and rich history is now on the market for $5.495 million, offering would-be buyers a unique opportunity to own a piece of the county's past and present luxury.  Located at 11 Carriage Trl. in Tarrytown, the property sits at the highest point of the prestigious Greystone-on-Hudson community, a nearly 100-acre luxury gated enclave, and was once owned by famous spiritual leader "Father Divine," according to a New York Times article from 1940. "Father Divine," whose real name has still not been confirmed, was a charismatic …

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by Ben Crnic
Real Estate
Modern, Futuristic Home Now Listed For $2.995M In Bedford Modern, Futuristic Home Now Listed For $2.995M In Bedford
Modern, Futuristic Home Now Listed For $2.995M In Bedford If you're looking for a home with uniquely designed architecture, a modern residence set on more than four acres in Northern Westchester that's now on the market may be the perfect fit.  The 3,737-square-foot home, located at 187 Hook Rd. in Bedford, features futuristic design elements and has been listed for $2.995 million by Houlihan Lawrence.  According to the listing, the residence boasts a new facade designed by award-winning architect Belmont Freeman.  Other interesting features include glass walls; a heated gunite pool; a great room with "soaring ceilings" and a "curv…

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by Ben Crnic
Real Estate
Luxurious Oceanfront Estate With 10 Bedrooms Among NY's Priciest Listings At $85M Luxurious Oceanfront Estate With 10 Bedrooms Among NY's Priciest Listings At $85M
Luxurious Oceanfront Estate With 10 Bedrooms Among NY's Priciest Listings At $85M Life’s a beach at this sprawling oceanfront estate in New York. Located on Long Island in the Southampton village of Sagaponack, 635 Daniels Lane is currently among the priciest residential listings in Nassau and Suffolk counties at $85 million. Clocking in at 13,690 square feet situated on more than 5 acres overlooking the Atlantic Ocean, the coveted home boasts 10 bedrooms and 14 bathrooms. 635 Daniels Lane in Sagaponack. The Corcoran Group “Purchased over 60 years ago by real estate family scions, this owner carved out a generous slice of beachfront for himself and developed a m…

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by Michael Mashburn
Real Estate
Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report
Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report Although demand for Westchester retail space and multifamily apartment complexes improved during the third quarter of 2024, the market for other commercial properties in the county did not fare as well, according to an all-new report.  The data regarding the county's commercial real estate market came from Houlihan Lawrence's Q3 Commercial Market Report, released on Tuesday, Oct. 29.  According to the real estate brokerage, demand for retail space in Westchester "continues to evolve rapidly," as consumers have healthy purchasing power and are on the lookout for "con…

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by Ben Crnic
Real Estate
Dodgers Co-Owner Lists Mansion Near LI Sound For $19M, Includes Batting Cage, Bowling Alley Dodgers Co-Owner Lists Mansion Near LI Sound For $19M, Includes Batting Cage, Bowling Alley
Dodgers Co-Owner Lists Mansion Near LI Sound For $19M, Includes Batting Cage, Bowling Alley While Todd Boehly, co-owner of the Dodgers, cheers on his team in Los Angeles in Game 1 of the World Series against the Yankees on Friday, Oct. 25, real estate agents on the other side of the country will be working to sell his Fairfield County estate near the Long Island Sound.  The 51-year-old billionaire investor and media mogul has put his 10,000-square-foot Darien mansion on the market for $19 million, and the nearly 90-year-old home comes with all of the modern-day amenities you'd expect from a sports lover.  Related: Former New Canaan Home Of Paul Simon, Richard…

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by Josh Lanier
Real Estate
Former Hudson Valley Home Of Bill Murray Back On Market Minus 'Ghostbusters' Pole Former Hudson Valley Home Of Bill Murray Back On Market Minus 'Ghostbusters' Pole
Former Hudson Valley Home Of Bill Murray Back On Market Minus 'Ghostbusters' Pole The former Hudson Valley home of "Ghostbusters" star and "Saturday Night Live," original cast member Bill Murray is back on the market. Located in Rockland County in the enclave of Snedens Landing, in the hamlet of Palisades that is nicknamed "Hollywood on the Hudson," the home, known as the Yellow House, is for sale for $3.69 million. According to Zillow, the house, set on nearly four acres, was built in the 1980s as a family home for the actor/comedian and his family. The home was built to incorporate elements from the 19th-century Yellow Barn on the property. The 5,177-square-foot struc…

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by Kathy Reakes
Real Estate
Former Home Of Northern Westchester's Richard Gere Sells For Second Time In 2 Years Former Home Of Northern Westchester's Richard Gere Sells For Second Time In 2 Years
Former Home Of Northern Westchester's Richard Gere Sells For Second Time In 2 Years A Connecticut estate once home to both singer-songwriter Paul Simon and actor Richard Gere has sold for tens of millions of dollars for the second time in two years.  The 32-acre Fairfield County property, located at 82 Brookwood Ln. in New Canaan, sold on Thursday, Oct. 10 for $10.75 million, according to the town's property records.  The home was last purchased for $10.8 million through the Kensho Trust in July 2022 by the 75-year-old Gere, known for "Pretty Woman" and "An Officer and a Gentleman." He had intended to turn part of the property into a farm and harvest mushrooms, h…

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by Ben Crnic
Real Estate
Billy Joel's 'MiddleSea' Waterfront NY Estate Listed For $49.9M Billy Joel's 'MiddleSea' Waterfront NY Estate Listed For $49.9M
Billy Joel's 'MiddleSea' Waterfront NY Estate Listed For $49.9M The Piano Man is downsizing. The iconic 75-year-old singer, songwriter, and pianist Billy Joel has just listed his sprawling waterfront estate on the north shore of Long Island for $49.9 million. Joel bought the estate, which he calls "MiddleSea," in Centre Island, a residential village in Oyster Bay, in 2002. The name is a clever play on words. Yes, it's located by the sea, but "Middle C" is also the first note learned by pianists. It's spread over 76 acres and has 18 bedrooms, 24 bathrooms, and four separate homes: the main house (a 20,000-square-foot red-brick m…

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by Joe Lombardi
Real Estate
This Westchester Zip Code Among Top 100 Most Expensive In US: New Rankings This Westchester Zip Code Among Top 100 Most Expensive In US: New Rankings
This Westchester Zip Code Among Top 100 Most Expensive In US: New Rankings New York is well-represented in brand-new rankings of the nation's 100 most expensive zip codes. Property Shark says it based the rankings on median sale prices based on closed home sales. The Hamptons’ Sagaponack (zip code 11962) and Water Mill (11976) rank as No. 2 and No. 3, respectively, with each just shy of $6 million, behind No. 1 Atherton, California, a San Francisco suburb.  NYC remains the top city for expensive real estate, claiming six of the country’s top 100 zips with TriBeCa’s 10013 in the lead at No. 23 nationally. One Westchester County municipality made the To…

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by Joe Lombardi
Real Estate
Here's How Westchester's Luxury Housing Market In Q3 2024 Compared To Hudson Valley Counties Here's How Westchester's Luxury Housing Market In Q3 2024 Compared To Hudson Valley Counties
Here's How Westchester's Luxury Housing Market In Q3 2024 Compared To Hudson Valley Counties A new report has revealed a growing number of luxury home sales in the Hudson Valley and Fairfield County during the third quarter of 2024.  In markets north of New York City, including the Hudson Valley counties of Westchester, Putnam, and Dutchess as well as Fairfield County, luxury home sales have experienced a sharp uptick, according to Houlihan Lawrence's Q3 Luxury Market Report.  The report, released on Thursday, Oct. 10, revealed that the percentage of these sales increased by double digits in each county and was concentrated in the lower end of the luxury markets.  T…

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by Ben Crnic
Real Estate
Going Once: Hotel In Hudson Valley To Be Sold At Auction Going Once: Hotel In Hudson Valley To Be Sold At Auction
Going Once: Hotel In Hudson Valley To Be Sold At Auction After several years of being operated by a management company, a popular, well-appointed hotel in the region is being auctioned next month. According to Ten-X, the 121-room Holiday Inn Express in Dutchess County on Route 9 in Poughkeepsie will be auctioned on Wednesday, Nov. 20. The company-owned property was originally put up for sale in 2020, but it was pulled due to the pandemic and market plunges.  Ten-X says the property is offered unencumbered by management and debt. A price or starting bid was not announced.  The company added that buyers will need to be able to relicense…

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by Kathy Reakes
Real Estate
Here's How 2024 Q3 Housing Market In Westchester Compared To Hudson Valley Counties: Report Here's How 2024 Q3 Housing Market In Westchester Compared To Hudson Valley Counties: Report
Here's How 2024 Q3 Housing Market In Westchester Compared To Hudson Valley Counties: Report Although those shopping for a home in the Hudson Valley finally have more inventory to choose from, this has not decreased prices, according to a new report.  According to the Houlihan Lawrence Westchester-Putnam Dutchess Q3 Market Report released on Tuesday, Oct. 8, real estate markets in the three counties are experiencing an increase in available listings, the first major shift in more than three years.  This follows an extended period of reduced inventory as a result of high demand, the report said. According to the report, listings in Westchester increased by an average…

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by Ben Crnic
Real Estate
$10M Discount: NY Estate With Rooftop Putting Green Gets Significant Price Cut $10M Discount: NY Estate With Rooftop Putting Green Gets Significant Price Cut
$10M Discount: NY Estate With Rooftop Putting Green Gets Significant Price Cut A brand-new ultra modern, oceanfront estate on Long Island has slashed its asking price by $10 million. Located in the Southampton hamlet of Bridgehampton, 165 Surfside Drive originally hit the market in October 2023 for $79.9 million. Now, just a year later, the sleek residence has dropped its price to $69.9 million. Situated on 1.5 acres with 125 feet of direct ocean frontage, the 8,600-square-foot abode includes eight bedrooms and nine bathrooms, according to the listing from Bespoke Real Estate. 165 Surfside Drive in Bridgehampton. Bespoke Real Estate “Set behind a gated entran…

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by Michael Mashburn
Real Estate
Luxury Apartment Complex Opens In Westchester: Here's Where Luxury Apartment Complex Opens In Westchester: Here's Where
Luxury Apartment Complex Opens In Westchester: Here's Where An all-new boutique apartment complex in the heart of a Westchester village celebrated its grand opening.  The Magellan, located in Port Chester at 108 South Main St., held a grand opening event on Thursday, Sept. 26.  The residential building, developed by RMA Development and ASF Construction, features studio and two-bedroom residences with gourmet kitchens, European marble countertops, luxurious baths, and full-sized washers and dryers. Each unit also has "state-of-the-art" climate and access controls, developers said. Other amenities include a rooftop lounge; a bar; a live gre…

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by Ben Crnic
Real Estate
Bethenny Frankel Lists $6M NY Estate Where She 'Spent The Pandemic' With Daughter Bethenny Frankel Lists $6M NY Estate Where She 'Spent The Pandemic' With Daughter
Bethenny Frankel Lists $6M NY Estate Where She 'Spent The Pandemic' With Daughter Bethenny Frankel is parting ways with the New York estate where she hunkered down during the height of the COVID-19 pandemic. The 53-year-old Skinnygirl founder and “Real Housewives of New York City” alum listed her Long Island estate in the hamlet of Bridgehampton for just shy of $6 million. “Saying goodbye to my first Hamptons home,” Frankel captioned an Instagram post Friday, Sept. 13. She went on to say the house left her with many lasting memories and saved her during “a very challenging time.” “This house was where we spent the pandemic with my quaranteam of (daughter) Bryn and my fu…

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by Michael Mashburn
Real Estate
Work Nears Completion On 28-Story Apartment Tower In Westchester Work Nears Completion On 28-Story Apartment Tower In Westchester
Work Nears Completion On 28-Story Apartment Tower In Westchester Developers marked a significant milestone in the construction of a 28-story residential tower in the downtown section of a Westchester County city.  A "topping out" ceremony was held on Friday, Sept. 20 to celebrate the completion of the final floor of 247 North Avenue, an upcoming apartment tower in downtown New Rochelle developed by LRC Construction.  The development will include 307 luxury rental apartments in studio to two-bedroom layouts, with 31 of these units reserved for households earning 80 percent of the area median income.  The tower will also feature 1,800 squar…

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by Ben Crnic
Real Estate
Record-Breaking $29M Sale Of Industrial Complex Closes In Westchester Record-Breaking $29M Sale Of Industrial Complex Closes In Westchester
Record-Breaking $29M Sale Of Industrial Complex Closes In Westchester A more than seven-acre property in Westchester has sold for nearly $30 million, making it the highest industrial sale in the county's history.  The 185,544-square-foot property, located in Mamaroneck along Fenimore Road and Railroad Way, closed at $29 million, Christie's International Real Estate Group announced on Wednesday, Sept. 18.  The deal is now the most expensive industrial sale in the history of Westchester County, according to the group, which added that it reflects the increased demand for such properties in strategic locations.  The Mamaroneck property is certain…

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by Ben Crnic
Real Estate
$15M NY Home Built For French Royalty — No Really $15M NY Home Built For French Royalty — No Really
$15M NY Home Built For French Royalty — No Really It's a home that looks like it was plucked from Versaille and placed in New York. That's because it was.  "Haut Bois," a 108-year-old home in the exclusive town of Brookville on Long Island's Gold Coast was designed to look like Louis XIV Hunting Lodge, now known as the Palace of Versailles, the listing reads. This one-of-a-kind regal Brookville manor could be yours for $14.9 million.  Zillow The 18-room home sits on eight acres at the end of a private drive. It was originally built in 1916 and has undergone two major renovations in the past century.  Zillow Th…

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by Josh Lanier
Real Estate
Resort-Like French Normandy-Style Home In Northern Westchester Now Listed For $9.3M Resort-Like French Normandy-Style Home In Northern Westchester Now Listed For $9.3M
Resort-Like French Normandy-Style Home In Northern Westchester Now Listed For $9.3M If you want to feel like you're constantly on a luxurious French vacation, you may be interested in a lavish Northern Westchester estate now listed for sale.  The 14,066-square-foot French Normandy-style chateau, located in Armonk within the Conyers Farm neighborhood at 4 Cowdray Park Dr., is now listed for $9.3 million by Christie's International Real Estate Group.  The seven-bedroom and seven-bath home, built in 2002, boasts impressive architecture and features large entertainment spaces, a spacious kitchen, a family room, a paneled library, and a primary suite with dual ba…

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by Ben Crnic
Real Estate
Going Once: $20 Million Greenwich Estate To Be Offered At Auction Going Once: $20 Million Greenwich Estate To Be Offered At Auction
Going Once: $20 Million Greenwich Estate To Be Offered At Auction A scenic Connecticut estate known for its views, infinity pool, and orchards will hit the auction block this month at a listed price of $20 million. According to Zillow, the recently renovated French County estate, located in Fairfield County in Greenwich at 58 Quaker Lane, features five bedrooms, 5.2 baths, and seven fireplaces. Zillow said the auction bids will run from Thursday, Sept. 19, to Wednesday, Sept. 25. The starting bids are expected to be between $6 million and $12 million. An open house will be held from 1 to 4 p.m. on Saturday, Sept. 7, and Sunday, Sept. 8. Built in 2004, t…

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by Kathy Reakes