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Real Estate
Report: Greenwich HS Grad Matt Lauer Puts Mansion On Market For $43.99M Report: Greenwich HS Grad Matt Lauer Puts Mansion On Market For $43.99M
Report: Greenwich HS Grad Matt Lauer Puts Mansion On Market For $43.99M Have a spare $44 million laying around? If so, you could be the latest to live in Matt Lauer’s Hamptons mansion. The former NBC "TODAY" show anchor, who was ousted following a sexual misconduct investigation into his alleged actions, listed “Strongheart Manor,” which he used to frequent with ex-wife Annette Roque, for $43.99 million. He attempted to sell the home last summer for a similar price. Lauer purchased the 6.3-acre North Haven property from actor Richard Gere for $36.5 million more than four years ago, where it sits on Actors Colony Road north of Sag Harbor and across the Peconic …

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by Zak Failla
Real Estate
COVID-19: Housing In Walkable Suburban Communities Attracting City Dwellers, Report Says COVID-19: Housing In Walkable Suburban Communities Attracting City Dwellers, Report Says
Covid-19: Housing In Walkable Suburban Communities Attracting City Dwellers, Report Says The COVID-19 pandemic has forced a mass exodus of New York City residents who have been flocking to area suburbs. New housing in walkable suburban communities has become a popular landing spot for city residents who have sought to find residences that are less dense, larger, and have more outdoor space. According to a New York Times report, there has been a mass migration from the city into the suburbs, with sales on single-family homes spiking after the pandemic first struck in early March. The report found that there had already been a rise in city dwellers when the pandemic struck, whic…

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by Zak Failla
Real Estate
COVID-19: Many Working Remotely In NYC Looking For 'Winter Homes' In Suburbs COVID-19: Many Working Remotely In NYC Looking For 'Winter Homes' In Suburbs
Covid-19: Many Working Remotely In NYC Looking For 'Winter Homes' In Suburbs The race is on for New Yorkers who have become accustomed to working from home during the COVID-19 pandemic and are already looking to lock down a “winter home” away from the city months before snow is even a threat to start falling. Brokers have been busy in the waning weeks of summer as those working remotely in New York City seek rental properties in the suburbs in advance of winter weather or a potential second wave of COVID-19. Many New Yorkers with jobs in the city have been instructed they may not be returning to the office through at least next summer due to the pandemic, prompting …

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by Zak Failla
Real Estate
LOOK INSIDE: Jeffrey Epstein's NYC Townhouse, Florida Mansion Hit Real Estate Market LOOK INSIDE: Jeffrey Epstein's NYC Townhouse, Florida Mansion Hit Real Estate Market
Look Inside: Jeffrey Epstein's NYC Townhouse, Florida Mansion Hit Real Estate Market You can have Jeffrey Epstein's Manhattan townhouse or Florida mansion -- both have hit the market for a combined asking price of $110 million. Listed by Adam Modlin of the Modlin Group, Epstein's townhouse at 9 E. 71st St. is listed at $88 million, while his sprawling Palm Beach estate will ask $21,995 million, the Wall Street Journal reports. The East Side townhouse -- otherwise known as "The Herbert N. Straus Mansion -- is the largest single-family home in all of New York City, spanning 28,000 square feet and standing 7 levels tall, its Zillow listing says. It overlooks the Frick Museum…

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by Cecilia Levine
Real Estate
COVID-19: Here's How Pandemic Has Changed Real Estate Market, New Report Says COVID-19: Here's How Pandemic Has Changed Real Estate Market, New Report Says
Covid-19: Here's How Pandemic Has Changed Real Estate Market, New Report Says The real estate market has been upended by the COVID-19 outbreak, which led to a mass exodus from New York City nearby suburbs. In the past four months, thousands of city residents flooded to suburbs on Long Island, Fairfield County, Westchester, and northern New Jersey, which has made those areas an attractive destination for buyers. According to a New York Times report, it has become a “seller’s market,” with multiple competing offers for many homes that may not have drawn as much attention pre-pandemic. The demand for single-family rentals has also skyrocketed in the wake of COVID-19. …

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by Zak Failla
Real Estate
Property Brothers Home Listed For Sale In Greenwich Property Brothers Home Listed For Sale In Greenwich
Property Brothers Home Listed For Sale In Greenwich A Fairfield County home that was featured in an episode of the HGTV series "Property Brothers," is on the market. The Greenwich home, at 64 Richland Road, was the star of a 2016 episode of the show when Property Brothers Jonathan and Drew Scott renovated the 1920s home, said, Linna Yuen of Coldwell Banker. During the renovation, the "brothers" updated the home for a modern lifestyle while maintaining its early 20th-century architectural charm.  Yuen said the Property Brothers focused on the sitting room, dining room, kitchen, and the powder room; then in 2018, the homeowners added a s…

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by Kathy Reakes
Real Estate
COVID-19: These Four Counties Have Seen Biggest Boom In Real Estate Sales During Pandemic COVID-19: These Four Counties Have Seen Biggest Boom In Real Estate Sales During Pandemic
Covid-19: These Four Counties Have Seen Biggest Boom In Real Estate Sales During Pandemic Real estate offices in the suburbs have been busier than ever amid the novel coronavirus (COVID-19) pandemic. But many of the most coveted homes for those New York City residents looking to get away from it all are much farther away, in upstate New York, specifically the Catskills and part of the Hudson Valley. Those city dwellers, residents mainly of the upper East and West sides in Manhattan, have been snapping up both primary and weekend houses in Sullivan, Ulster, Greene and Delaware counties at a rapid rate, according to a report in The New York Times. Typically, they are eager to get…

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by Joe Lombardi
Real Estate
COVID-19: Many Wealthy NYC Residents Making Move To Suburbs, With Real Estate Agents Swamped COVID-19: Many Wealthy NYC Residents Making Move To Suburbs, With Real Estate Agents Swamped
Covid-19: Many Wealthy NYC Residents Making Move To Suburbs, With Real Estate Agents Swamped With the weather warming up and the novel coronavirus (COVID-19) outbreak ongoing, many wealthy New Yorkers are leaving the city to head toward the suburbs. According to reports, wealthy New York City residents have been moving their money and families into the suburbs as they look to escape COVID-19 and imagine a "new normal" after the virus hit the dense urban city particularly hard, overwhelming hospitals during the height of the pandemic. In response to the outbreak, many buyers and renters have been leaving the city en masse and flooding the suburbs, where there is more space and less …

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by Zak Failla
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
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
Some Of Greenwich's Priciest Properties Selling Faster, Report Says Some Of Greenwich's Priciest Properties Selling Faster, Report Says
Some Of Greenwich's Priciest Properties Selling Faster, Report Says Sales of homes in Greenwich are down for the third quarter except the higher priced ones, according to Crain's New York. There were 152 single-family houses sold in the three-month period to June, down by 11% from the prior year, said the Crain's New York article, citing a report by a real estate appraiser. The sales' median price went up by 9.5%, the largest increase for a quarter since year-end 2017, to $2.03 million, said Crain's New York. Click here for the Crain's New York report.

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by Donna Christopher
Real Estate
Local Investors Purchase Fairfield Kohl's Building For $12.5M Local Investors Purchase Fairfield Kohl's Building For $12.5M
Local Investors Purchase Fairfield Kohl's Building For $12.5M A group of investors is teaming up to purchase the Kohl’s building in Fairfield. Westport-based Vidal/Wettenstein announced this week that the three-parcel property on Tunxis Hill Road has been sold in a $12.5 million off-market deal. The property has been fully occupied as the terms of the sale were finalized. Over the past several decades, the main building has housed several tenants, including the original PathMart Food Store, an Arlan’s department store and Caldor. Kohl’s has been in the 101,402-square-foot property since Caldor vacated the space approximately 20 years ago. As part of …

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by Zak Failla