National Cheat Sheet: The West Coast dominates US crane count, Zillow’s market cap passes $10B … & more

Seattle leads US crane count, as Western states dominate construction activity, survey says There were a record number of construction cranes working in America in January, according to Rider Levett Bucknall’s biennial “Crane Index.” With 45 cranes in action, Seattle had the most activity, followed by Los Angeles, Chicago and Denver, with each having 36[…]

Westchester & Fairfield Cheat Sheet: Rockefeller estate in Mount Pleasant sells for $33M, home rentals on the rise in Greenwich … & more

Rockefeller estate in Mount Pleasant sells for $33M, 50% above ask David Rockefeller’s Hudson Pines estate in the Mount Pleasant hamlet of Pocantico Hills sold for $33 million, which was 50 percent more than the $22 million listing price. The former chairman and CEO of Chase Manhattan Corporation lived on the 75-acre estate until his[…]

Hamptons Cheat Sheet: Matt Lauer slashes $2.15M from Sag Harbor estate’s price, renovations underway at East Hampton’s Grey Gardens … & more

Matt Lauer slashes asking price of Sag Harbor estate  Disgraced former NBC anchor Matt Lauer has cut the price of his Sag Harbor estate for the third time since listing it more than a year ago. The former Today show host recently chopped another $2.15 million off the asking price, with the 25-acre Deerfield Road[…]

Long Island Cheat Sheet: Tritec Real Estate ranked as the area’s top developer, Versailles-inspired mansion in Old Brookeville listed at $60M … & more

Tritec Real Estate is the busiest developer on Long Island With 477,300 square feet of multifamily space currently under construction in its Ronkonoma Hub project, Tritec Real Estate ranked as the area’s top developer, according to The Real Deal’s analysis of construction data compiled by CoStar. RXR Realty and The Beechwood Organization ranked second and[…]

National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more

Houses are flipping at the highest level since 2006 More than 207,000 condominiums and single-family house were flipped in 2017 — the most since 2006 — a report from Attom Data Solutions found. The average 2017 flip generated a 50 percent gross return compared to 28 percent during the housing bubble of the 2000s, Bloomberg[…]

Westchester & Fairfield Cheat Sheet: Harvey Weinstein sells off Westport homes for $16M, 3 new residential developments announced in New Rochelle … & more

Harvey Weinstein sells two Westport properties for $16M Disgraced Hollywood exec Harvey Weinstein continues to unload his real estate holdings, selling two neighboring waterfront properties in Westport for a total of $16 million. Weinstein bought the six-bedroom colonial at 26 Beachside in 1994, offloading the 2.38-acre property recently for $10 million. He bought next door,[…]

Hamptons Cheat Sheet: Summer rental season tees off early, tiny Sag Harbor bungalow sells for $10.5M … & more

With the U.S. Open in Southampton, summer rental season tees off in February The annual rush to secure a summer rental in the Hamptons began in earnest in February, and the upcoming U.S. Open at Shinnecock Hills Golf Club in Southampton only added to the competition for high-end properties, according to TRD’s annual Long Island[…]

National Cheat Sheet: Toll Brothers reports growth nationwide, coworking now claims 27M square feet of office space nationwide … & more

Toll Brothers reports first quarter growth nationwide and big gains in California Luxury homebuilders Toll Brothers reported $132.1 million net income in the first quarter of 2018, up from $70.4 million in the same period the year before. They also reported a 28 percent growth in revenue from the year-ago quarter. The company’s City Living[…]

Westchester & Fairfield Cheat Sheet: Norwalk’s Dillard Realty partners with Nest Seekers, MacQuesten faces pushback over its tax incentives in Mount Vernon … & more

New platform aims to market $1M-plus homes in Fairfield County to city buyers Norwalk-based broker Gloria Dillard of Dillard Realty at Keller Williams Prestige Properties, and Nest Seekers International are partnering on a new platform to market luxury properties in Fairfield County to buyers in New York City and beyond, according to an announcement by[…]

Hamptons Cheat Sheet: Jury sides with Saunders in data-hacking case, Town & Country expands with Greenport office … & more

Jury sides with Saunders & Associates in suit against former agent Meg Salem A Long Island jury sided with Saunders & Associates in a data-hacking case against former agent Meg Salem, but the jurors awarded the Hamptons-based brokerage only $13,300 in damages. Saunders claimed that Salem stole thousands of listings when she left for startup[…]