Tag: Real Estate

Westfair Communications, the publisher of the Westchester and Fairfield County Business Journals, will present The Next Generation: Live-Work-Play Developments Real Estate event on April 24 at the C.V. Rich Mansion in White Plains.

The property, along Crescent Drive off White Plains Road, was sold by Equity Residential, an S&P 500 real estate investment trust that had held it for 16 years.

A three-parcel development site at East Main and Sidney Streets in Stratford was sold for $1.7 million to the Greenwich-based real estate investment trust Urstadt Biddle.

Westchester and Fairfield Counties were well represented in a new ZIP Code-based study by PropertyShark that ranked the top 100 municipalities for the nation’s top earning homeowners.

Weinstein’s adjacent properties at 26 and 28 Beachside Ave. sold for $10 million and $6 million, respectively, with Westport real estate investor Andrew Bentley acquiring both homes.

“It is difficult to plan a town budget when you are seeing the state budget planned one year at a time based on whatever plan they can duct-tape together and get agreement from whatever the sources are,” Tetreau said.

The family-owned artisan bakery opened last May at 126 Old Ridgefield Road.

First built in the 18th century as a minister's residence, the 17-room Roger Sherman Inn is undergoing a new transformation emphasizing the fine dining experience.

Another big win for real estate investors will be the treatment of income to LLCs and other pass-through entities common to real estate ownership.

Rising retail vacancy rates is the most significant change facing real estate investors today.

The property was built in 1920 and covers 20,083 square feet, including a 2,654-square-foot balcony.

This has been a year when great changes in our real estate landscape have taken place. The next few years, as our cities continue to be built out and attract new residents, will be interesting to watch.

The buyer is a private investment group in New Jersey that was not identified in the announcement of the transaction. 

The White Barn property is along the Westport border and includes a 1-acre pond fed by Stony Brook watercourse system.

"It is a city that fast growing and looked at by others, either in whispers or loud voice, as a place that’s on the move," said Mayor Joe Ganim.