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Real Estate
Newly Named Iona College Basketball Coach Rick Pitino Sells Florida Estate For $17M Newly Named Iona College Basketball Coach Rick Pitino Sells Florida Estate For $17M
Newly Named Iona College Basketball Coach Rick Pitino Sells Florida Estate For $17M New Iona College men’s basketball coach Rick Pitino has sold his waterfront Florida mansion for $17 million as he prepares to make his way to Westchester. Pitino’s 10,000-square-foot Mediterranean-style mansion, which is on the water in the exclusive enclave of Indian Creek Island has been on the market since 2016. Pitino originally bought the property in 1999 for $5.4 million. It was reportedly originally listed for nearly $24 million when it went on the market. The island, located north of Miami, is made up of its own village, 34 homes, state-of-the-art golf course and has a 13-member po…

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by Zak Failla
Real Estate
COVID-19: New York Halts Evictions Indefinitely COVID-19: New York Halts Evictions Indefinitely
Covid-19: New York Halts Evictions Indefinitely In an effort to help residents struggling to pay their rent or mortgages as a result of actions taken to combat the novel coronavirus, housing courts across New York are closed, halting all evictions and pending lawsuits. The unprecedented move by the state came in response to a grassroots, statewide tenants’ movement that developed clear demands in light of the evolving public health crisis, said a statement by various housing advocates. “It’s a relief to families knowing they don’t have to worry about both eviction and COVID-19,” said Randy Dillard, tenant leader with Community Action for…

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by Kathy Reakes
Real Estate
College Of New Rochelle Campus Sells For $32M At Auction College Of New Rochelle Campus Sells For $32M At Auction
College Of New Rochelle Campus Sells For $32M At Auction  After being forced to shutter its doors earlier this year, the College of New Rochelle has found a buyer for its campus officially after filing for Chapter 11 bankruptcy. Following a three-year financial crisis, the 115-year-old college concluded classes on Saturday, Aug. 10. Mercy College is temporarily leasing the campus and will use the facilities through 2020. On Monday, Nov. 25, The Masonic Hall & Asylum Fund announced it had purchased the 15.6-acre campus for $32 million at auction. The United States Bankruptcy Court has already approved the sale at a hearing held on Mo…

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by Zak Failla
Real Estate
'Legally Haunted' Area Manor Up For Sale 'Legally Haunted' Area Manor Up For Sale
'Legally Haunted' Area Manor Up For Sale Just in time for fall and the upcoming "spooky" season, a legally haunted house in Rockland County has hit the market for a mere $1.9 million. The home is known across the region as being deemed "legally haunted," by the New York Supreme Court. The court made the decision favoring the buyer who sued to have his money returned after learning of the home's history as being haunted by poltergeists from the Revolutionary War era. News of the home's unwanted residents, located at 1 Laveta Place in Nyack, came to light in the 1980s after the owner, Helen Ackley, had told people for years about t…

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by Kathy Reakes
Real Estate
College Of New Rochelle Files For Bankruptcy College Of New Rochelle Files For Bankruptcy
College Of New Rochelle Files For Bankruptcy After being forced to shutter its doors earlier this year, the College of New Rochelle has officially filed for Chapter 11 bankruptcy and its campus is expected to be sold within the next two months. Following a three-year financial crisis, the 115-year-old college concluded classes on Saturday, Aug. 10. Mercy College is temporarily leasing the campus and will use the facilities through 2020. In response to the financial crisis, the college has been selling off its assets, including its 15.6-acre campus, which includes more than 425,000-square-feet and includes 20 buildings. A&G Realty…

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by Zak Failla
Real Estate
Equinox Fitness Co-Founder Lists Armonk Estate For $8.8M Equinox Fitness Co-Founder Lists Armonk Estate For $8.8M
Equinox Fitness Co-Founder Lists Armonk Estate For $8.8M The co-founder of luxury fitness company Equinox has listed his Westchester mansion for $8.8 million. Vito Errico, a former Bridgehampton resident, designed the custom-built Armonk estate in collaboration with in-house Equinox designers, Realtor.com reports. Built in 2006, it features a combination of glass, stone and wood. The six-bedroom, six-and-a-half bathroom, 11,423-square-foot mansion is on 2.65 acres of property, according to its Houlihan Lawrence listing. The master suite features two fireplaces, a spa-bathroom and walk-in closets. For more and a gallery of p…

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by Joe Lombardi
Real Estate
Michael Douglas, Catherine Zeta-Jones 'Downsize' To Sprawling $4.5M Westchester Estate Michael Douglas, Catherine Zeta-Jones 'Downsize' To Sprawling $4.5M Westchester Estate
Michael Douglas, Catherine Zeta-Jones 'Downsize' To Sprawling $4.5M Westchester Estate A famous Hollywood couple who have lived in Westchester County for years has "downsized" by selling one home and quietly purchasing another that's a bit smaller. Michael Douglas and Catherine Zeta-Jones recently sold their 13-acre Bedford Corners estate for $20.5 million, making quite a profit off their purchase price of $11.25 million.  Michael Douglas The duo then turned around and snapped up a $12,000-square-foot home in the village of Irvington-on-Hudson for a mere $4.5 million, according to Variety. And while they certainly won't be squeezed into their new digs, they have downsize…

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by Kathy Reakes
Real Estate
NYC Rents Soar To Three-Year High NYC Rents Soar To Three-Year High
NYC Rents Soar To Three-Year High With New Yorkers leaving the state in record numbers, rent prices continue to rise in New York City, reaching a three-year peak. The average rent for a one bedroom apartment in New York is up to $2,980, according to a new report by Zumper. The number represents a 4.2 percent increase from June a year ago and prices have reached a three-year high. The report found that two-bedroom apartments in the Big Apple are also becoming more expensive, up to an average of $3,330 monthly, a 5.1 percent increase from 2018. The average price of rent in New York City is the second highest in the country, …

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by Zak Failla
Real Estate
Moving On Up: New 24-Story Hotel Development Planned For The Heart Of New Rochelle Moving On Up: New 24-Story Hotel Development Planned For The Heart Of New Rochelle
Moving On Up: New 24-Story Hotel Development Planned For The Heart Of New Rochelle As the city continues a transformative downtown revitalization effort, New Rochelle officials have reached an agreement to “dramatically transform” downtown with the development of a new 24-story luxury hotel that will be the first of its kind in the lower Hudson Valley. The New Rochelle Planning Board approved the development of the TRYP Hotel by Wyndham, which will be the largest hotel constructed in Westchester in two decades. It will also be the first of its kind in the lower Hudson Valley. The 245,000-square-foot development will be located directly off I-95 at 115 Cedar Street, in the…

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by Zak Failla
Real Estate
For Sale: College Of New Rochelle's Campus With 425K Square Feet, 20 Buildings For Sale: College Of New Rochelle's Campus With 425K Square Feet, 20 Buildings
For Sale: College Of New Rochelle's Campus With 425K Square Feet, 20 Buildings The College of New Rochelle is selling off its assets as it prepares to close its doors later this summer. After 115 years, the College of New Rochelle was forced to shutter its doors following a three-year financial crisis. Following its final graduation ceremony, the college’s 15.6-acre campus has been put up for sale, days after reports that the school was failing to pay its bills to multiple creditors. The campus is spread over approximately 425,000-square-feet and includes 20 buildings. The zoning for the property allows for both residential or educational use. Any other options would…

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by Zak Failla
Real Estate
Glenn Close Lists Bedford Estate For $3.6M After 30 Years In Area Glenn Close Lists Bedford Estate For $3.6M After 30 Years In Area
Glenn Close Lists Bedford Estate For $3.6M After 30 Years In Area After more than 30 years, iconic actress and "Fatal Attraction" femme fatale, Glenn Close has listed her Northern Westchester estate for sale. Known affectionately, as "Beanfield," the 10-acre estate in Bedford Hills on Succabone Road, which includes a totally renovated idyllic farmhouse, has hit the market for $3.6 million, according to dwell.  The five bedrooms, five bathroom home was recently the setting for Close’s daughter, actress Annie Starke's wedding to management consultant Marc Albu. Starke grew up in the home originally built in 1910.  The home has since been totally renovated…

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by Kathy Reakes
Real Estate
Here's How Much Sandra Lee Lists Northern Westchester Home She Shares With Cuomo Here's How Much Sandra Lee Lists Northern Westchester Home She Shares With Cuomo
Here's How Much Sandra Lee Lists Northern Westchester Home She Shares With Cuomo Is it a place you would want to call home? Food Network star Sandra Lee has listed the Northern Westchester home she haš shared for several years with New York Gov. Andrew Cuomo for $2 million. In May, it was reported by Page Six that the couple is no longer living together and “have been living separate lives for a while,” with Lee spending time in Battery Park City or in California while Cuomo is busy in his Albany office. The two have denied they have broken up.  This week, their four-bedroom, five-and-a-half bathroom home on the New Castle/Mount Kisco border was listed on realtor.…

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by Zak Failla