National Cheat Sheet: Home Builders Association knocks Trump tax bill, houses across U.S. selling at fastest clip in 30 years … & more

Trump tax reform opposed by National Association of Home Builders The National Association of Home Builders (NAHB) gave a thumbs-down response to President Trump’s tax reform proposal this week. That’s because tax credits for mortgage interest and state property taxes are not a part of the bill, Curbed reported. The organization warned that removing these established[…]

Westchester & Fairfield Cheat Sheet: South Norwalk mall developer says anchor tenants are all-in, first luxury rental building in White Plains’ Transit District opens … & more

South Norwalk mall developer says Bloomingdale’s and Nordstrom are committed tenants The developer of the under-construction SoNo Collection mall in South Norwalk asserted that anchor tenants Bloomingdale’s and Nordstrom are committed to maintaining their footprints, despite a dismal climate for department stores. Developer GGP has leased 65 percent of available retail space at the mall,[…]

Hamptons Cheat Sheet: Condos sold like hotcakes in 3Q, Bridgehampton home caught up in Trump-Russia inquiry … & more

Hamptons buyers go for condos in Q3, propelling median sales price by 54% Condos came on strong in the Hamptons for the third quarter and spent the fewest days on the market yet, part of a strong showing overall for mid-priced homes in the $1 million to $5 million range on the East End, according[…]

National Cheat Sheet: Newmark seeks $100M IPO, WeWork bags Lord & Taylor iconic Fifth Avenue flagship for $850M … & more

Newmark Group files for $100M initial public offering Newmark Group filed for a $100 million initial public offering Monday in a bid to spin off from its parent company, Howard Lutnick’s BGC Partners. The filing with the U.S. Securities and Exchange Commission said the entity will include the commercial brokerage Newmark Knight Frank and the[…]

Westchester & Fairfield Cheat Sheet: Greenwich mansion listings continue to vanish, French-American school plan le stymied in White Plains … & more

Sellers pull mansion listings in Greenwich for fourth straight quarter The number of mansions for sale in Greenwich continued to fall for the fourth straight quarter as sellers pulled their listings in a tepid market, Bloomberg reported. Inventory of luxury homes fell 31 percent in the third quarter, according to a report by appraisal firm[…]

Hamptons Cheat Sheet: Grey Gardens goes into contract for first time in 40 years, Sbarro pizza heir sells estate for $24M … & more

Two Hamptons homes with ties to Jackie O trade hands The East End’s connection to Jackie Kennedy Onassis was highlighted in two major real estate transactions this week. The Grey Gardens estate went into contract for the first time in 40 years, according to real estate news site 6sqft. The mansion at 3 West End[…]

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[…]