Westchester & Fairfield Cheat Sheet: Fairfield County resi sales exploded in Q3, medical tenants give boost to Westchester’s office market … & more

Q3 sales approach record levels in Fairfield County Home inventory tightened and sales improved to near record levels in Fairfield County in the third quarter, according to data prepared by real estate appraisal firm Miller Samuel for Douglas Elliman. Sales in Fairfield County hit the second-highest level in 11 years and inventory sunk to the[…]

Hamptons Cheat Sheet: Luxury sales up in Q3 but it’s not all good news, Southampton manse price-chopped to $12.9M … & more

  Town & Country 3Q 2017 report: Luxury home sales in Hamptons improve but no blockbuster deals Town & County summed up its third quarter Hamptons market report by likening the data to a bunch of balls bouncing in different directions. Most notable, the report said, was that sales of $10 million to $20 million[…]

National Cheat Sheet: Mall landlords take on religious institutions as tenants, Easyknock offers reverse mortgages as federal rules tighten … & more

Religious institutions increasingly taking vacant retail space in malls Call it a Hail Mary play: landlords are taking a fresh look at churches to fill vacancies in struggling retail centers. The interest marks a departure for landlords, who typically considered religious institutions to be weak tenants, as they are usually not open all week and[…]

Westchester & Fairfield Cheat Sheet: Harvey Weinstein sells Westport home, home prices in Westchester rise & more

Westchester Q3 median sales price rose for fourth consecutive quarter, inventory’s still tight The median single family home sales price in Westchester increased to $535,000 in the third quarter, which is the fourth consecutive increase, according to Douglas Elliman Real Estate’s third quarter market report. Median prices of luxury homes — the upper 10 percent[…]

Hamptons Cheat Sheet: Elie Tahari puts Sagaponack estate on market for $45M, Hampton zoning board tries to settle dispute with a baseball game … & more

Elie Tahari lists his fashionable Sagaponack estate for $45M Fashion designer Elie Tahari put his Sagaponack estate on the market for $45 million, just two months after renting it to a hedge funder who ponied up $800,000 to spend July and August at the abode. Tahari and his ex-wife Rory purchased the 2.5-acre property at[…]

National Cheat Sheet: The story behind the Trump Soho criminal probe, retail sector holds steady in Q3 … & more

The criminal investigation into Ivanka and Donald Jr. that was dropped A new investigation published this week by by ProPublica, the New Yorker and WNYC brings to light how a criminal investigation into Donald Trump’s children was squashed in 2012. It involves buyers at the Trump Soho condo-hotel project, which was under construction at the[…]

Westchester & Fairfield Cheat Sheet: Forest City sells Yonkers mall as part of $1.55B deal, cable giant announces plans for 15-story building in Stamford … & more

Forest City Realty Trust sells Yonkers’ Ridge Hill mall to Australian investment firm Forest City Realty Trust announced this week that it would sell its ownership stake in Ridge Hill, a 1.3 million-square-foot retail, entertainment and medical office complex in Yonkers, to new owners headquartered in Australia. The sale also includes interest in nine other[…]

Hamptons Cheat Sheet: DeNiro wants to renovate his Montauk home, 600-acre Southampton luxury golf resort plan in jeopardy … & more

DeNiro seeks permission again to redo Montauk home Robert DeNiro may finally get to make over his home in Montauk. The Hollywood actor filed a new application with East Hampton’s Zoning Board of Appeals seeking to demolish his 1950s-era home just east of Hither Hills State Park and build a new one, 20 years after[…]

National Cheat Sheet: How the GOP’s tax plan could benefit developers, home prices rise as sales slow down & more

Condo developers could benefit bigly from GOP tax reform A new tax plan proposed by secretary of the treasury Steve Mnuchin and GOP lawmakers might be a boon to Manhattan’s luxury condo developers. It calls for lowering the maximum rate paid by businesses, including many LLCs, which are taxed under the personal income rate, to 25[…]

Westchester & Fairfield Cheat Sheet: Westchester beckons Amazon HQ, Starwood plans to sell $450M Port Chester project … & more

Come to Westchester, Astorino tells Amazon Westchester County jumped into the frenzy around the location of Amazon’s second North American headquarters. County Executive Rob Astorino held a news conference on Sept. 26 at the Westchester County Center to make his pitch to lure the retail behemoth’s “HQ2,” which would employ up to 50,000 and could[…]