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Property Sale

Fraudulent House Flipping in Philly Gets Delaware Man Jail Time: USDOJ Fraudulent House Flipping in Philly Gets Delaware Man Jail Time: USDOJ
Fraudulent House Flipping in Philly Gets Delaware Man Jail Time: Usdoj A Delaware man is facing jail time for fraud after flipping three Philadelphia properties he promised to convert into affordable housing, authorities said. Felton Hayman, 54, of Wilmington, was sentenced to a year and a day in prison and three years of supervised release for his scheme on Monday, Oct. 28, according to a US Department of Justice news release. Hayman used his longtime friendship with an unnamed Philadelphia city councilmember to purchase three vacant city properties at below-market prices based on his promise to build affordable housing on the lots, the news release states. …
Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island
Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island Police are warning of an uptick in real estate scammers who are targeting vacant properties on Long Island. Southampton Town Police put real estate agencies on notice that they’ve seen an increase in criminals posing as property owners who seek representation in negotiating the sale of lien-free, vacant land. The scammers can successfully defraud a potential buyer by accepting funds that are transferred to an out-of-town account. Police warned real estate agents to watch for the following warning signs from potential clients who claim to be out of state: Listing the property below market…
Record-Breaking Sale: Horse Farm Goes For $30.6M In Bedford, Report Says Record-Breaking Sale: Horse Farm Goes For $30.6M In Bedford, Report Says
Record-Breaking Sale: Horse Farm Goes For $30.6M In Bedford, Report Says An over 200-acre farm property has broken the record for the highest sale recorded in the history of a Northern Westchester town, according to a new Wall Street Journal report.  The 214-acre equestrian estate, known as Sunnyfield Farm, is located in Bedford and sold for $30.675 million, breaking the record for the highest sale recorded in the town, according to Sotheby’s International Realty agent Krissy Blake, who announced the sale on social media. View this post on Instagram A post shared by Krissy Blake (@krissyblake_) The prope…
Late Show Bandleader Paul Shaffer Lists $2.75M Bedford Home Late Show Bandleader Paul Shaffer Lists $2.75M Bedford Home
Late Show Bandleader Paul Shaffer Lists $2.75M Bedford Home Paul Shaffer, who is well-known for serving as bandleader during the entire run of the Late Show with David Letterman, has listed his gated Northern Westchester estate for $2.75 million, according to a report by Realtor.com.  The 8-acre, 4,958 square foot property, located in Bedford's Middle Patent Estate area on Cedar Hill Road, includes four bedrooms and four and a half bathrooms, according to a Realtor.com report from Tuesday, Jan. 16.  Shaffer, who was Letterman's sidekick for the entirety of both Late Night With David Letterman and the Late Show, originally bought …
$7M 'Fixer-Upper' In Western Mass With Indoor Pool Is Secluded Sanctuary $7M 'Fixer-Upper' In Western Mass With Indoor Pool Is Secluded Sanctuary
$7M 'Fixer-Upper' In Western Mass With Indoor Pool Is Secluded Sanctuary If you've got $6.9 million to spend, a natural inclination for solitude, and a working knowledge of 1920s architecture, then there is a place for you in Berkshire County.  A five-bedroom, seven-bathroom home in New Marlborough with nearly 6,000 feet of square space comes with 330 acres of land, an indoor pool, and a few problems, the Zillow listing says. The home built in 1920 consists of multiple buildings — the Tudor style residence with an indoor pool, shingled barn, Dutch colonial multi-family dwelling, a guest house, and several smaller sheds, and a workshop.  The residen…
Martha Stewart's Childhood NJ Home Listed At $599K (LOOK INSIDE) Martha Stewart's Childhood NJ Home Listed At $599K (LOOK INSIDE)
Martha Stewart's Childhood NJ Home Listed At $599K (Look Inside) Living in Martha Stewart's New Jersey childhood home? Now that's a good thing. The Nutley home at 86 Elm Pl., where the lifestyle guru lived growing up, has hit the market for $599,900. A New Day Realty has listed the colonial home that features four bathrooms. The home is described as having a "classic design that is both timeless and elegant." The home features a "spacious living room, perfect for gathering with friends," according to the listing, allowing you to throw the perfect dinner party that would make Stewart proud.  The house also offers mature fruit trees- peach, apple, p…
Billy Joel Lists Waterfront NY Estate For $49M Billy Joel Lists Waterfront NY Estate For $49M
Billy Joel Lists Waterfront NY Estate For $49M Billy Joel is movin' out -- of one of his residences, at least. The legendary 74-year-old singer has listed his waterfront estate on the north shore of Long Island, located on Centre Island in Oyster Bay, for $49 million, the Wall Street Journal reports. According to its listing on Zillow, the estate, built in 1994, is 26 acres and includes: A 20,000-plus square-foot estate house currently under renovation with an elevator to all floors,  Helicopter pad, Floating dock and boat ramp on Oyster Bay Harbor, Four-bedroom gate/guest house with an attached three-bedroom apartment …
'Dream Estate' Listed At $4.995M In Bergen County 'Dream Estate' Listed At $4.995M In Bergen County
'Dream Estate' Listed At $4.995M In Bergen County A property described as a “dream estate” in Mahwah is for sale for nearly $5M. The 2010-built 15,000-square-foot mansion at 15 Farmstead Rd. in Mahwah sits on 3.6 acres and has six bedrooms, 12 bathrooms, and a lower level “like no other,” the listing reads. Luxury features include a custom bar with billiards, a rec room with a gym, a spa with a sauna, a pool with a cabana, and a patio with a front porch. The property also has room for horses and is “theater ready.” The sale price as of Thursday, Jan. 19 was $4,995,000. Click here to view the full Zillow listing. EDITOR'S NOTE: A pr…
Commercial Plaza With ShopRite Tenant  Sold For $8.175 Million Commercial Plaza With ShopRite Tenant  Sold For $8.175 Million
Commercial Plaza With ShopRite Tenant Sold For $8.175 Million A large ShopRite Plaza in the Hudson Valley has sold for $8.175 million. The 56,000-square-foot-plaza in Ulster County, located at 100 ShopRite Boulevard in Ellenville, was sold by Marcus & Millichap, through the company's Westchester office. The sale was handled by Joseph French Jr. and Kodi Traver, investment specialists who had the listing to market the property on behalf of a private investor.  John Krueger, regional manager for the Westchester office, assisted in closing this transaction. The property was originally under contract in February, but the sale fell through due t…
Million-dollar, Wooded Farmington Property For Sale; Could Fit Up To 70 Homes Million-dollar, Wooded Farmington Property For Sale; Could Fit Up To 70 Homes
Million-dollar, Wooded Farmington Property For Sale; Could Fit Up To 70 Homes More than 85 acres of undeveloped land is for sale in Farmington near the Bristol town line. Property sellers are pitching the lot as a great place for a housing subdivision - there could be as many as 70 lots on the property. The seller is asking for $2.3 million for 87 acres located at 8517-18 Morea Road.