Westchester & Fairfield Cheat Sheet: Battle for Bridgeport casino project intensifies, Mt. Vernon’s American Christmas warehouse sells for $12M … & more

American Christmas warehouse in Mount Vernon sold for $11.85M An Austria-based company paid $11.85 million to buy American Christmas — or at least the festive lighting company American Christmas Inc. and its Mount Vernon warehouse. The 110,000-square-foot building sits on 2.25 acres off of Warren Place. It has housed the festive lighting business of American[…]

Hamptons Cheat Sheet: Shoe mogul seeks perfect fit for Bridgehampton equestrian estate, Bethenny Frankel buys Morning Glory House … & more

Here’s the story at Morning Glory: Bethenny Frankel buys second Bridgehampton home Reality star Bethenny Frankel has bought a former bed-and-breakfast in Bridgehampton known as the Morning Glory House. Built in 1910, the 4,239-square-foot home was originally listed for $2.95 million and later reduced to $2.49 million — but the sale price hasn’t been released.[…]

National Cheat Sheet: Inside commercial real estate’s data wars, new leaders named at Elliman and Related … & more

Who will lead commercial real estate’s data revolution? With data increasingly considered a sacred resource in commercial real estate, a battle is raging between the companies that control the information used in many transactions. CoStar Group, the longtime industry leader, is fighting off competition from its main rival Xceligent and many other smaller firms, leaving[…]

Westchester & Fairfield Cheat Sheet: Port Chester auditions master developers, private island gets a price cut in Norwalk … & more

Five firms apply to be Port Chester’s ‘master developer’ Port Chester wants to hire a “master developer” to redefine the area around its Metro-North station as a “cohesive, walkable, transit-oriented” downtown, and the Village Board recently heard from five real estate firms that want the job. RXR Realty, Hines, HB Nitkin Group, Renaissance Downtowns and[…]

Hamptons Cheat Sheet: East Hampton site of Ammon murder sells for $8M, Manafort puts Bridgehampton home up as collateral … & more

East Hampton house, site of notorious murder, sells for more than $8M The East Hampton home where financier Ted Ammon was murdered by his wife’s lover in 2001 has sold for more than $8 million. The sellers of the six-bedroom home at 59 Middle Lane were the late financier’s adoptive children, Greg and Alexa Ammon,[…]

National Cheat Sheet: Fannie and Freddie fight with the Trump administration, CushWake undergoes leadership shakeup amid IPO rumors … & more

Fannie and Freddie fight over $7.7B with Trump administration Fannie Mae and Freddie Mac will owe the Treasury Department more than $7 billion at the end of the year, and the agencies are fighting with the Trump administration over how to settle the bill. Officials from the Federal Housing Finance Agency want Fannie and Freddie[…]

Westchester & Fairfield Cheat Sheet: Oxford Property Group expands to White Plains, 19-acre mixed-use development proposed in Shelton … & more

Oxford Property Group coming to Westchester with new White Plains office Oxford Property Group will open its first office outside of New York City in White Plains. The residential brokerage signed a lease on 2,000 square feet of office space at 77 Tarrytown Road. “We see a tremendous amount of opportunity in bringing our expertise[…]

Hamptons Cheat Sheet: Riding the pricing roller coaster for a historic East Hampton compound, demolition set for Amagansett barn … & more

East Hampton compound with roller coaster listing history back on the market  Two neighboring lots on Chauncey Close in East Hampton with more than seven acres of waterfront land are back on the market for just under $29.5 million. Even if you buy the separately listed $19.5 million home that sits on one of the[…]

National Cheat Sheet: Malls put on a show for holiday shoppers, NAR lobbies for protections in tax reform bill & more

Trying to lure back holiday shoppers, malls put on a show From temporary ice rinks to Santa parades to baking classes, shopping malls are getting creative in their efforts to lure customers back to brick-and-mortar stores this holiday. Malls typically spend $150,000 to $500,000 on holiday decorations, Greg Maloney, chief executive officer of JLL’s retail[…]

Hamptons Cheat Sheet: Why one hedge funder has no use for a $70M mansion, historic Southampton inn could become condos … & more

Hedge funder who broke national sales record lists old East Hampton digs for $70M Hedge fund manager Barry Rosenstein has listed his oceanfront East Hampton home for $70 million. After buying the Drew Lane property in 2005 for $19.2 million, Rosenstein tore down a 1920s-era cottage and built a modern seven-bedroom, 9½-bathroom home in its[…]