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Real Estate
Look Inside: Sean 'Diddy' Combs' Former Mansion On The Market Look Inside: Sean 'Diddy' Combs' Former Mansion On The Market
Look Inside: Sean 'Diddy' Combs' Former Mansion On The Market The mansion formerly belonging to music mogul and Westchester native Sean "Diddy" Combs is on the market for just under $4.2 million. Combs purchased the home in the Bergen County community of Saddle River in 1997 for $2.5 million -- the same year he released his first rap album, according to property records.  Pool with jacuzzi, waterfall, patio, fire pit and built-in barbecue.NJMLS Combs, who grew up in Mount Vernon, sold it the following year and later bought a house in Alpine. The 11,067-square-foot, Hollow Road home was recently fully renovated.  KitchenNJMLS It boasts six bed…

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by Cecilia Levine
Real Estate
This $120M Fairfield County Mansion Is Connecticut's Most Expensive Listing This $120M Fairfield County Mansion Is Connecticut's Most Expensive Listing
This $120M Fairfield County Mansion Is Connecticut's Most Expensive Listing The most expensive home on the market in Connecticut is located right here in Fairfield County. A new report by Property Shark is running down the priciest homes for sale in every U.S. state, among them a $120 million Darien mansion. The Great Island Road home puts Connecticut at No. 5 on the list. The most expensive listing in the U.S. is a $500 million mansion in Los Angelos. Click here for the full story.

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by Cecilia Levine
Real Estate
Sold! Office Complex Goes For $55M In Rye Brook Sold! Office Complex Goes For $55M In Rye Brook
Sold! Office Complex Goes For $55M In Rye Brook A six-building office complex formerly known as Reckson Executive Park has been sold for $55 million, according to CBRE commercial real estate firm that brokered the deal. The property at 2 and 3 International Drive in Rye Brook, near King Street and New York's border with Connecticut was purchased by George Comfort & Sons.  Manhattan-based George Comfort & Sons acquired the 563,596-square-foot office complex in a joint venture with a fund managed by DRA Advisors. The complex was owned by SL Green, which announced in April the impending sale of the property. "The tightening o…

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by Jon Craig
Real Estate
Pair Of Downtown White Plains Office Buildings Sell For $16M Pair Of Downtown White Plains Office Buildings Sell For $16M
Pair Of Downtown White Plains Office Buildings Sell For $16M Mack-Cali Realty Corp. has sold a pair of downtown White Plains office buildings on Barker Avenue in separate deals totaling $16 million, according to Westfair. County property records show the six-story, 68,000-square-foot 1 Barker Ave. office building sold for $9.3 million. The deed was recorded Sept. 13. The same day, a separate deed recorded the $6.7 million sale of the six-story, 65,300-square-foot building at 3 Barker Ave., Westfair said in this report.  The buyers are two separate LLCs — 1 Barker Ave. LLC and 3 Barker Ave. LLC — that share an address in Spring Valley. The properties …

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by Daily Voice
Real Estate
Stamford Apartment Building Sells For $78 Million Stamford Apartment Building Sells For $78 Million
Stamford Apartment Building Sells For $78 Million Element One, a 183-unit multifamily property at 111 Morgan St. in Stamford, has sold for $78 million according to this report by Westfair.  CBRE Global Investors represented the seller, a joint venture between Fuller Development and Spinnaker Real Estate Partners, and the buyer, Friedkin Realty Group, in the transaction. Built in 2017, Element One’s units offer quartz countertops, stainless steel appliances, five-burner stoves, oversized windows, tile backsplashes and soft-closing cabinets, along with breathtaking views of Plum Island. The development’s amenities include multiple resident l…

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by Jon Craig
Real Estate
Developers Propose New 225-Room Hotel Adjacent To I-95 Developers Propose New 225-Room Hotel Adjacent To I-95
Developers Propose New 225-Room Hotel Adjacent To I-95 With New Rochelle’s downtown revitalization continuing as part of the “the most ambitious redevelopment in city history,” a new hotel may be heading to Cedar Street. Developers have proposed a new hotel downtown on Cedar Street - with a design similar to that of the High Line, according to New Rochelle Mayor Noam Bramson - which would sit adjacent to I-95 at the site of the former Don Conqui and Got Soul restaurants. The proposal includes 225 rooms, along with dining and other amenities for residents and visitors to utilize. It would be “in an ultra-modern tower rising above a rehabbed hist…

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by Zak Failla
Real Estate
Area Real Estate Developer Charged In Investment Scheme Area Real Estate Developer Charged In Investment Scheme
Area Real Estate Developer Charged In Investment Scheme A real estate developer is facing up to two decades behind bars for operating an alleged years-long Ponzi scheme that included properties in the Hudson Valley. Michael D’Alessio, 52, has been charged with committing wire fraud in connection to his elaborate scheme to defraud investors in luxury real estate developments in Manhattan, the Hamptons, Westchester and elsewhere. D'Alessio is the former president and CEO of real estate development firm Michael Paul Enterprises in White Plains. A career real estate developer and contractor, D’Alessio was the CEO of an investment and development fi…

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by Zak Failla
Real Estate
Greenwich Estate Once Owned By Tommy Hilfiger Selling For Nearly $7 Million Greenwich Estate Once Owned By Tommy Hilfiger Selling For Nearly $7 Million
Greenwich Estate Once Owned By Tommy Hilfiger Selling For Nearly $7 Million The mansion once owned by designer Tommy Hilfiger that doubled as a set for reality television shows is selling for $6.75 million. The Greenwich property became familiar to television viewers as the location for the 2003 MTV series “Rich Girls” starring Hilfiger’s daughter, Ally, and for the designer’s 2005 CBS fashion competition show “The Cut.” According to this listing on Zillow, the property nicknamed "Appleyard" is an iconic compound that offers unparalleled resort style living. The timeless colonial sits on 4.6 level acres enclosed by bucolic stone walls. A gated entry opens…

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by Jon Craig
Real Estate
Area Office Building Listed At $17.5M Area Office Building Listed At $17.5M
Area Office Building Listed At $17.5M A centrally located Westchester property with nearly 100,000 square feet of office space is up for sale for $17.5 million. The business property at 465 Columbus Ave. in Valhalla is more than 92 percent occupied with some high-profile public and private tenants -- including medical companies and state agencies. The offices were built in 1986 and extensively renovated in 2016.  More details about the property can be found by clicking here: 

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by Jon Craig
Real Estate
Luxury Real Estate Market Soars In Greenwich Luxury Real Estate Market Soars In Greenwich
Luxury Real Estate Market Soars In Greenwich The sale of luxury homes in Greenwich soared during the sdonc quarter of this year. Greenwich posted an 18 percent gain in luxury sales of homes valued at $3 million and higher through June 30, according to a report released on Wednesday, July 11 by Houlihan Lawrence, The median sale price rose 3.3 percent compared to the first six months of 2017, bringing Greenwich's median price to $4.25 million. Real estate news was not as good for wealthier sections of New Canaan -- where sales of luxury homes priced at $2 million or higher dropped by 33 percent in the second quarter of 2018 compared …

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by Jon Craig
Real Estate
Sold! Two Platinum Mile Buildings Go For $14.75M Sold! Two Platinum Mile Buildings Go For $14.75M
Sold! Two Platinum Mile Buildings Go For $14.75M A commercial landlord has expanded his influence along Westchester's "Platinum Mile" with a $14.75 million purchase. Robert Weisz, founder and CEO of RPW Group of Rye Brook, said his company bought two Class A office buildings at 925-1025 Westchester Ave. on the border of West Harrison and White Plains. The purchase of the 192,711-square-foot property was announced by CBRE, a commercial real estate company that brokered the deal along with Ten-X.  The complex, formerly owned by Normandy Real Estate Partners, sits on 11.7 acres near the I-287/Hutchinson River Parkway interchange. …

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by Daily Voice
Real Estate
Royal Bank Of Scotland Puts Downtown Stamford Building Up For Sale Royal Bank Of Scotland Puts Downtown Stamford Building Up For Sale
Royal Bank Of Scotland Puts Downtown Stamford Building Up For Sale Having laid off about 750 workers from its American headquarters in Stamford, the Royal Bank of Scotland (RBS) has put its building at 600 Washington Blvd. up for sale. The company hopes to continue operating in the building through a lease-back arrangement. The bank expects to conclude the sale later this year. An asking price was not announced. The building was appraised last year for nearly $151 million. The sale is not expected to directly affect about 500 employees who remain in Stamford and focus on RBS’ NatWest Markets corporate and institutional banking services. “As we have reduce…

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by Daily Voice