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Real Estate
Condo Owners At Trump Tower In White Plains Vote To Dump Ex-President's Name Condo Owners At Trump Tower In White Plains Vote To Dump Ex-President's Name
Condo Owners At Trump Tower In White Plains Vote To Dump Ex-President's Name First Donald Trump was ousted from the Oval Office, now his name is being stripped from one of his organization's Westchester condo complexes. Unit owners in the 35-story Trump Tower at City Center in White Plains reportedly voted to drop the controversial former president's name, leading them to remove his title from the building entirely. More than two-thirds of the unit owners in the building voted in favor of removing the Trump moniker, with many citing the Jan. 6 insurrection of the former president’s supporters at the US Capitol as their reasoning for canceling him. There had reporte…

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by Zak Failla
Real Estate
$69 Million Hamptons Estate Hits Market For First Time In 75 Years $69 Million Hamptons Estate Hits Market For First Time In 75 Years
$69 Million Hamptons Estate Hits Market For First Time In 75 Years Have $69 million lying around? If so, you can live on the beach at a massive New York estate that has hit the market for the first time in 75 years. It's located on the East End of Long Island, in East Hampton. “Cima Del Mundo,” which translates to “Top of the World” on Lily Pond Lane has been listed by Compass with a massive price tag as realtors look to sell the Spanish-Colonial estate, which was originally built in 1925 and renovated in the 1990s. Cima Del Mundo includes 400 feet of beachside property.Compass The 2.7-acre property includes 400 feet of private beach and ocean with v…

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by Zak Failla
Real Estate
Former Pro Sports Star's Estate In Region Hits Market For $16.5 Million Former Pro Sports Star's Estate In Region Hits Market For $16.5 Million
Former Pro Sports Star's Estate In Region Hits Market For $16.5 Million A former professional athlete's massive 18,000-square-foot Connecticut compound has been put on the market for nearly $16.5 million. Sotheby’s International Realty listed a 445.62-acre estate in Litchfield County at 400 5 1/2 Mile Road in Cornwall, which is owned by tennis legend Ivan Lendl for $16,450,000, which includes 10 bedrooms, 12 full, and three partial bathrooms. 
“This extraordinary estate with a beautiful Georgian Federal-style home was designed by the American architect Allan Greenberg for world-renowned tennis legend Ivan Lendl,” the realtors wrote in the listing. Former t…

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by Zak Failla
Real Estate
Waterfront Estate In Fairfield County Sells For $27.75M Waterfront Estate In Fairfield County Sells For $27.75M
Waterfront Estate In Fairfield County Sells For $27.75M It's got rooms with a view -- and plenty of them -- and the sale price to show for it. A sprawling Connecticut estate on the waterfront of Fairfield County's Gold Coast on the Long Island Sound has sold for $27,750,000, Houlihan Lawrence announced on Monday, May 10. It's located on the Belle Haven peninsula with 680-plus feet of shoreline on Greenwich Harbor, at 23 Smith Road.  The richly detailed 1939 residence was designed by noted architects Henry O. Chapman, Jr. and Harold Beder, and was the original home of banker and lumber dealer Oliver D. Mead.  There are …

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by Joe Lombardi
Real Estate
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years The average rate of homeownership in Connecticut has dropped significantly over the past five years, according to a new report from the U.S. Census Bureau. Connecticut typically has an above-average rate of homeownership compared to the rest of the country, but the new data found that it is one of two states to show significant declines on that front between 2014 and 2019. During that time span, the ratio of Connecticut owner-occupied households compared to total households in the state dropped 1.4 percent. The only state with a steeper decline was North Dakota at 2.5 percent. The largest …

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by Zak Failla
Real Estate
Waterfront Long Island Home Where Noted Author Wrote Last Novel Lists At $18M, Report Says Waterfront Long Island Home Where Noted Author Wrote Last Novel Lists At $18M, Report Says
Waterfront Long Island Home Where Noted Author Wrote Last Novel Lists At $18M, Report Says Nobel Prize-winning author John Steinbeck’s Long Island estate, where he notably penned his final novel, “The Winter of Discontent,” has hit the market for nearly $18 million. Steinbeck’s waterfront home in the Hamptons has been listed for $17.9 million, which would be the first time the property was put up for sale in more than six decades. The 1.8-acre property includes nearly 600 feet of private waterfront and a 60-foot pier with views of Morris Cove and Upper Sag Harbor Cove. It is being sold through a private trust that was established by Steinbeck’s late wife Elaine. “The year was 1…

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by Zak Failla
Real Estate
COVID-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic COVID-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic
Covid-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic The housing boom ignited by the COVID-19 pandemic has been even bigger than previously thought, according to data released by the Federal Reserve Bank of New York in its report for the final quarter of 2020. Total household debt increased by $206 billion (1.4 percent) to $14.56 trillion for the last three months of 2020, driven in part by a steep increase in mortgage originations, the report stated. That total debt balance is $414 billion higher than at the end of 2019. But wait, there's more. Home prices increased 9.5 percent in November, the highest jump in six years, according to …

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by Joe Lombardi
Real Estate
Tommy Hilfiger Sells $45 Million Mansion In Fairfield County Tommy Hilfiger Sells $45 Million Mansion In Fairfield County
Tommy Hilfiger Sells $45 Million Mansion In Fairfield County Fashion icon Tommy Hilfiger is ditching the Northeast for warmer pastures in Florida after selling his Greenwich mansion for $45 million. This week, after having the 13,344-square-foot mansion listed for several months, Hilfiger closed the deal on the 22-acre John Street estate. The Greenwich home includes six bedrooms, 11 bathrooms (eight full, three powder rooms), a reflecting pool, guest house English gardens, a koi pond, a private pool and had been listed for approximately $44 million. According to realtor.com, the home also has hand-painted fabric walls, carved millwork, wide-board a…

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by Zak Failla
Real Estate
COVID-19: Pandemic Leads To Surge In 'Tiny House' Sales COVID-19: Pandemic Leads To Surge In 'Tiny House' Sales
Covid-19: Pandemic Leads To Surge In 'Tiny House' Sales It seems puzzling at first, but COVID-19 has increased demand for homes in the 120 to 500 square-foot range. Tiny homes, the seemingly quirky, sustainable living trailers that were popularized during the 2010s recession, are being sought in greater numbers, according to manufacturers and industry analysts. A manufacturer in California became so inundated with requests that he had to expand his warehouse from 12,000 square feet to 22,000 square feet, according to Yahoo News. 2020 wound up being a record year for the company and no one was more surprised than the owner. Why would anyone want…

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by Kristin Palpini
Real Estate
COVID-19: Luxury Home Sales Soar North Of New York City COVID-19: Luxury Home Sales Soar North Of New York City
Covid-19: Luxury Home Sales Soar North Of New York City The market for luxury homes in the suburbs north of New York City has been red-hot during the COVID-19 pandemic, as realtors saw record-breaking numbers as eager buyers flocked en masse away from the densely crowded city. Low inventories, highly-motivated buyers, low-interest rates, and a booming stock market created a true seller’s market, leading to record-breaking sales, specifically in Westchester, Putnam, Dutchess, and Fairfield counties, officials said. According to a new report from Houlihan Lawrence, “pandemic-driven changes in buyer preferences were especially prevalent in New York…

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by Zak Failla
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
Wizard Of Oz-Inspired Castle Hits Market In Hudson Valley Wizard Of Oz-Inspired Castle Hits Market In Hudson Valley
Wizard Of Oz-Inspired Castle Hits Market In Hudson Valley There’s no place like home. Whether you’re a wicked witch, flying monkey, cowardly lion, or lack a heart, an iconic Hudson Valley castle that may have been an inspiration for the “Wizard of Oz” creator L. Frank Baum has hit the market for $3.45 million. The historic castle in Putnam County is located near Route 9D in Garrison. Believed to have been the inspiration of the Wicked Witch’s castle in the Hollywood classic, it's now been listed on the market by Hudson Valley-based Houlihan Lawrence. Related story - Mariano Rivera's Westchester Home Listed For $3.995M, Report Says Toto wou…

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by Zak Failla