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Paul Simon, Edie Brickell Sell Fairfield County Estate At $6 Million Loss, Report Says
Singer-songwriter Paul Simon and his wife Edie Brickell have sold their Connecticut estate at a significant loss, according to a brand-new report.
The Fairfield County property, located in New Canaan, sold for $10.8 million on Friday, July 1, according to listing records, Mansion Global reports.
The couple had purchased the 32-acre property from the estate of investor Charles A. Dana Jr. for $16.5 million in 2002, according to the report, which noted that Dana had owned the estate for almost half a century.
The Brookwood Lane estate was originally built in 1938.
In 2019, Simon and Br…
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says
Homes in some parts of downstate New York are being considered “overvalued” amid the current housing bubble, according to a new Fortune Magazine report.
Fortune studied home price growth, which is wildly outpacing income growth across the country, with different areas across the US considered “overvalued," “undervalued,” or "normal."
Specifically, in downstate New York, both Suffolk and Nassau counties, as well as Westchester have been listed as being "overvalued," the report states. Other counties upstate also earned the distinction, while markets in the rest of the state have remain…
Richard Gere Finds Buyer For $28M Northern Westchester Estate, Report Says
Movie star Richard Gere has found a buyer for his $28 million suburban New York estate, according to a new report.
Gere listed the 11,658 square-foot estate, located in Northern Westchester County, in the town of Pound Ridge, for $28 million, and moved to a smaller mansion in nearby North Salem, according to a report on Thursday, Jan. 20, from Dirt, a news outlet that focuses on luxury real estate.
This week, Mansion Global reported that the listing for the 50-acre Pound Ridge property with eight bedrooms and 11 bathrooms went into contract, according to Muffin Dowdle of Ginnel Real E…
Waterfront Fairfield County Home Listed For Sale At $10M
If you're in the market for a home with waterfront views, a new Fairfield County listing may catch your eye.
The 9,356 square-foot home, located on one-and-a-half acres at 11 Meadow Road in Greenwich, was listed for sale for $10 million.
The home has a private dock, a deck, balconies, and a two-bedroom apartment with a kitchen, according to Coldwell Banker Realty.
The house also has five bedrooms and six bathrooms, along with a library, a family room, and a five-car garage.
Read more about the property here.
Adjacent Business Properties Just Off Long Island Expressway In Nassau Purchased For $21.25M
Two adjacent properties near the Long Island Expressway have been sold for $21.25 million, according to a new report.
Long Island Business News reported on Monday, Jan. 10, that Rockefeller Group purchased a 50,559-square-foot office building, which is located at 1 Media Crossways in Woodbury, and a 10,291-square-foot industrial building, located at 200 Crossways Park Drive West.
The office building property was sold for $10.25 million, and the industrial building property was sold for $11 million, the site said.
The news outlet said the Rockefeller Group plans to use the two properti…
