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Real Estate
100-Home Route 7 Luxury Apartment Community Sold For $34.7 Million 100-Home Route 7 Luxury Apartment Community Sold For $34.7 Million
100-Home Route 7 Luxury Apartment Community Sold For $34.7 Million The Avalon apartments in Wilton's town center have been sold for $34.7 million.  Real estate company CBRE announced that the hundred-unit apartment complex was sold by owner AvalonBay Communities to Clarion Partners on Monday, Dec. 21. The complex includes a fitness center, a heated pool, BBQ grills and a playground.  “We are delighted to have represented AvalonBay in the sale of Avalon Wilton,” said CBRE’s Jeff Dunne. “The property’s highly desirable location is in the affluent town of Wilton which boasts one of the top-rated public school systems in Connecticut. With extremely h…

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by Christina Coulter
Real Estate
Sold! Office Complex Goes For $55M In Westchester Sold! Office Complex Goes For $55M In Westchester
Sold! Office Complex Goes For $55M In Westchester A six-building office complex formerly known as Reckson Executive Park has been sold for $55 million, according to CBRE commercial real estate firm that brokered the deal. The property at 2 and 3 International Drive in Rye Brook, near King Street and New York's border with Connecticut was purchased by George Comfort & Sons.  Manhattan-based George Comfort & Sons acquired the 563,596-square-foot office complex in a joint venture with a fund managed by DRA Advisors. The complex was owned by SL Green, which announced in April the impending sale of the property. "The tightening o…

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by Jon Craig
Real Estate
Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester
Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester A commercial landlord has expanded his influence along Westchester's "Platinum Mile" with a $14.75 million purchase. Robert Weisz, founder and CEO of RPW Group of Rye Brook, said his company bought two Class A office buildings at 925-1025 Westchester Ave. on the border of West Harrison and White Plains. The purchase of the 192,711-square-foot property was announced by CBRE, a commercial real estate company that brokered the deal along with Ten-X.  The complex, formerly owned by Normandy Real Estate Partners, sits on 11.7 acres near the I-287/Hutchinson River Parkway interchange. …

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by Daily Voice