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Real Estate
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says There has been a mass exodus out of Trump Tower in recent years, making it one of the least desirable luxury properties in Manhattan, according to a new report. Bloomberg News reported this week that the 36-year-old building “has been turned into a fortress,” since Trump took over in the Oval Office, with entrances partially blocked and the president’s name turning off liberals in Manhattan. According to reports, condo owners have been cashing out, with many selling at a 20 percent loss to get out of the building. Less than one percent of homes in Manhattan have sold for a loss in the past …

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by Zak Failla
Real Estate
Estate Featured In 'Carlito's Way' With Stunning View Of Long Island Sound Listed At $35M Estate Featured In 'Carlito's Way' With Stunning View Of Long Island Sound Listed At $35M
Estate Featured In 'Carlito's Way' With Stunning View Of Long Island Sound Listed At $35M A sprawling North Shore estate on Long Island made famous in Al Pacino’s “Carlito’s Way” has been put on the market for a cool $35 million. A 26,000-square-foot mansion with seven bedrooms and seven full and 10 half bathrooms on Spring Lane in Great Neck has been listed by realtors Daniel Gale. The home sits on three acres of “picturesque waterfront property,” in the village of Kings Point. If the views of the home look familiar, it is because they were prominently featured in Pacino and Sean Penn’s crime thriller “Carlito’s Way,” which came out in 1993. In the movie, the estate was shot wh…

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by Zak Failla
Real Estate
Paul Simon's New Canaan Estate Hits Market At $13.9M Paul Simon's New Canaan Estate Hits Market At $13.9M
Paul Simon's New Canaan Estate Hits Market At $13.9M Music legend Paul Simon’s Fairfield County estate can be yours for $13.9 million. The man famed for such hits as “Mrs. Robinson” and “The Sound of Silence” listed his New Canaan property this week for $13.9 million, which is 16 percent less than he purchased it for in 2012, according to the Wall Street Journal. Simon and his wife, singer Edie Brickell raised their three children at the Brookwood Lane estate, which was originally built in 1938. "The first thing we thought when we moved from Manhattan was 'Wow! We have our own park'," Simon said in a statement to the Wall Street Journal. "It…

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by Zak Failla
Real Estate
Northern Westchester Mansion On 86 Acres With Own Lake To Be Sold At Auction Northern Westchester Mansion On 86 Acres With Own Lake To Be Sold At Auction
Northern Westchester Mansion On 86 Acres With Own Lake To Be Sold At Auction A multi-million dollar mansion that was built for former Vision Financial Corporation CEO Stewart Dauman in Northern Westchester 15 years ago will be put up for bankruptcy auction. The 20,465-square-foot Rosewood estate in Chappaqua - which was featured in a Wall Street Journal article with the title “A Timeless New York Mansion” - has been listed on Zillow for more than a month at $13,750,000, though it has an estimated value of $11,634,633 according to the organization. Zillow posted that there will be a court-authorized bankruptcy auction held on-site at 11 a.m. on Saturday, May 18 after…

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by Zak Failla
Real Estate
New Apartments Planned For Iconic White Plains YMCA Site New Apartments Planned For Iconic White Plains YMCA Site
New Apartments Planned For Iconic White Plains YMCA Site One of the area’s biggest, busiest and most iconic YMCA locations is being torn down and replaced by apartments in White Plains. Last April, officials from the YMCA of Central and Northern Westchester announced that it would be selling its home at 250 Mamaroneck Ave. in White Plains. They stated that their intention was to move to a non-facility YMCA model that could offer new services for members. A Tennessee-based developer purchased the property in October last year and announced plans to tear down the building and replace it with an eight-story multi-family building with nearly 175 apar…

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by Zak Failla
Real Estate
$95M Apartment Complex Planned For Westchester Avenue In White Plains $95M Apartment Complex Planned For Westchester Avenue In White Plains
$95M Apartment Complex Planned For Westchester Avenue In White Plains A $95 million development will replace a parking lot across from a busy office building in the heart of Westchester County's I-287 corridor. The Westchester County Industrial Development Agency (IDA) approved measures to provide financial incentives for the complex that would be constructed at 1133 Westchester Ave. in White Plains. According to the IDA, the complex would be comprised of three separate five-story buildings on a 20-acre site with a total of 303 one- two- and three-bedroom apartments. Of those units, 19 would be deemed affordable. The amenities planned at the site include a …

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by Zak Failla
Real Estate
Legendary Montclair Jazz Club 'Trumpets' Hits Market At $3.6M Legendary Montclair Jazz Club 'Trumpets' Hits Market At $3.6M
Legendary Montclair Jazz Club 'Trumpets' Hits Market At $3.6M The legendary Trumpets Jazz Club and Restaurant in Montclair is for sale. The Depot Square facility is listed at $3.6 million and includes a liquor license along with several upstairs apartments. The club first opened in 1985 and has seen world-renowned performers such as Dave Valentin, Gato Barbieri, Wynton Marsalis and more.  Current owners Enrico Granafei and his wife Kristine Massari purchased the space in 1999, with a mission to maintain its legendary status. But with Massari set to retire as a West Orange teacher this year, the couple is hoping to start a more flexible…

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by Cecilia Levine
Real Estate
Hundreds Of New Apartments Proposed For 1133 Westchester Avenue Hundreds Of New Apartments Proposed For 1133 Westchester Avenue
Hundreds Of New Apartments Proposed For 1133 Westchester Avenue Developers in Westchester have announced a proposal to create more than 300 apartments in Westchester. Officials announced the proposal to the Common Council late last month. The plan would create 303 apartments in a commercial complex that already includes a daycare center and other businesses on Westchester Avenue in White Plains. Of the 303 proposed units, 10 percent would be deemed affordable, and the building would include solar energy options. According to reports, the development would not require any zoning changes and construction could begin as soon as next year. The proposal cal…

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by Zak Failla
Real Estate
Affordable Housing Focus Of Expo At Westchester County Center Affordable Housing Focus Of Expo At Westchester County Center
Affordable Housing Focus Of Expo At Westchester County Center The Westchester County Fair and Affordable Housing Expo of 2019 is scheduled for Saturday, March 9, and affordable housing resources will be discussed in detail. This year’s expo is taking place at the Westchester County Center (198 Central Avenue) in White Plains between 11 a.m. and 4 p.m. During this time, participants can attend a variety of workshops on subjects like affordable housing, rental housing, resources for down payments, closing costs, property improvements and more. These workshops are designed to answer any number of major questions about the path to homeownership and afford…

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by Valerie Musson
Real Estate
Financer Sells $12.8M Westchester Waterfront Oasis Financer Sells $12.8M Westchester Waterfront Oasis
Financer Sells $12.8M Westchester Waterfront Oasis The Hudson Valley was home to some of the most expensive properties sold north of New York City, according to a brand new report. According to PropertyShark, which released the report, eight of the 10 properties that made the list (of most expensive traded) are in Westchester, with the remaining two in Dutchess. They considered every county north of NYC, including Westchester and Rockland. Slotting in third on the list was financier Steven Rattner’s Rye waterfront oasis, which sold in July to Grace Church St LLC for $12.8 million. PropertyShark highlighted the six-bedroom, six-bathroom…

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by Zak Failla
Real Estate
$11M Property Owned By Rolling Stone Magazine Co-Founder One Of Priciest In Area In 2018 $11M Property Owned By Rolling Stone Magazine Co-Founder One Of Priciest In Area In 2018
$11M Property Owned By Rolling Stone Magazine Co-Founder One Of Priciest In Area In 2018 A Dutchess County mansion that was owned by a co-founder of Rolling Stone Magazine ranked near the top of a brand new list released of the most expensive properties sold in upstate New York last year. Jann Wenner’s 7,979-square-foot, five-bedroom, four-bedroom mansion on Davis Lane in Tivoli sold in November for slightly less than $11 million. The mansion, which was built in 1994, was the fifth most expensive transaction upstate in 2018. In order to determine which were the most expensive homes sold in upstate New York, PropertyShark looked at all residential transactions closed in 2018, ta…

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by Zak Failla
Real Estate
Bruce Willis' Bedford Corners Estate Hits Market For $12.95 Million Bruce Willis' Bedford Corners Estate Hits Market For $12.95 Million
Bruce Willis' Bedford Corners Estate Hits Market For $12.95 Million Bruce Willis, who reached international fame in 1988 playing John McClane in the original "Die Hard," has listed his 22-acre, Northern Westchester estate for $12.95 million. The compound in Bedford Corners estate on Croton Lake Road features a view of the Croton Reservoir, according to the listing by Douglas Elliman. The listing agents are: Nancy Strong, Stacey Oestreich and Ann Cutbill Lenane. The listing, first reported by The Wall Street Journal, states that the gated property is “beautifully landscaped,” and includes four houses with a total of 12 bedrooms, a vegetable ga…

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by Zak Failla