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Real Estate
Estate Overlooking Hudson River Hits Market At $45,000,000 Estate Overlooking Hudson River Hits Market At $45,000,000
Estate Overlooking Hudson River Hits Market At $45,000,000 A massive estate overlooking the Hudson River has hit the market and can be had for anyone with nearly $50 million burning a hole in their pocket. In Dutchess County, the estate at 46 Ledgerock Lane in Hyde Park has been listed for $45 million by Corcoran Country Living, though annual taxes will cost nearly $80,000, according to the realtors looking to sell the property. 46 Ledgerock Lane in Hyde Park is for sale for $45 millionCorcoran Country Living The sellers noted that current setback laws require homes on riverfront parcels to now be built at least 100 feet from the river, making …

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by Zak Failla
Real Estate
Hamptons Estate Hits Market For $78,000,000 Hamptons Estate Hits Market For $78,000,000
Hamptons Estate Hits Market For $78,000,000 Real estate mavens with a cool $78 million burning a hole in their pockets can be the proud owner of a Long Island estate that has hit the market in the Hamptons. In Southampton, the oceanfront estate at 1080 and 1100 Meadow Lane is on the market for anyone interested in bolstering their real estate portfolio in an impressive fashion. The property, originally built in 1994, includes 14 bedrooms, 14 full bathrooms, and five half baths on a 9.40-acre lot. “This singular Southampton property on Meadow Lane offers over eight acres 500+ ft. of direct oceanfront across two separate lots, in add…

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by Zak Failla
Real Estate
CT Community Calls For Emergency Meeting Over Proposed Apartment Complex CT Community Calls For Emergency Meeting Over Proposed Apartment Complex
CT Community Calls For Emergency Meeting Over Proposed Apartment Complex Some residents are rallying in opposition to a proposed apartment complex in a residential area that sits on a stretch of wetlands in Fairfield County. In New Canaan, an emergency neighborhood meeting and call to action have been set for Halloween afternoon regarding a proposed four-story, 101-unit apartment complex that could be built at the intersection of Hill Street and Urban Street off of Brushy Ridge Road. The meeting is scheduled for 1 p.m. on Sunday, Oct. 31 in the backyard of 211 Brushy Ridge Road. According to the organizer, the meeting is set to discuss the plans of developer …

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by Zak Failla
Real Estate
Underground Home Goes On Sale In New England Underground Home Goes On Sale In New England
Underground Home Goes On Sale In New England A unique New England home has gone on the market for those looking for a space that's a bit more down to earth. Literally. The "earth-sheltered" terra dome house, located in Princeton, Massachusetts, in Worcester County, was listed at a price of $640,000. The house has three bedrooms and two-and-a-half bathrooms, and is energy efficient, according to the realtor.  The home has "natural cooling in the summer, and the massive earthen berms insulating during the colder months," the realtor said. The house is located at 166 Wheeler Road in Princeton.  Learn more about the hous…

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by Nicole Valinote
Real Estate
Actress/Model's Estate In Region Goes To Auction Actress/Model's Estate In Region Goes To Auction
Actress/Model's Estate In Region Goes To Auction Supermodel and actress Maria Kimberly’s Hamptons estate is set to be put up for auction to buyers with a few million dollars in the bank. Kimberly, who came to prominence in the 1960s and 1970s, will have her 2.3-acre Southampton compound on Long Island put up for auction with no reserve on Tuesday, Sept. 21, according to a new listing. In the past, the gated residence has been put up for sale for upwards of $7.5 million, though it can be outright purchased now for slightly under $5 million. The auction is being conducted through Heritage Auctions. When it is auctioned, the estate will co…

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by Zak Failla
Real Estate
$69 Million Hamptons Estate Hits Market For First Time In 75 Years $69 Million Hamptons Estate Hits Market For First Time In 75 Years
$69 Million Hamptons Estate Hits Market For First Time In 75 Years Have $69 million lying around? If so, you can live on the beach at a massive New York estate that has hit the market for the first time in 75 years. It's located on the East End of Long Island, in East Hampton. “Cima Del Mundo,” which translates to “Top of the World” on Lily Pond Lane has been listed by Compass with a massive price tag as realtors look to sell the Spanish-Colonial estate, which was originally built in 1925 and renovated in the 1990s. Cima Del Mundo includes 400 feet of beachside property.Compass The 2.7-acre property includes 400 feet of private beach and ocean with v…

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by Zak Failla
Real Estate
Former Pro Sports Star's CT Estate Hits Market For $16.5 Million Former Pro Sports Star's CT Estate Hits Market For $16.5 Million
Former Pro Sports Star's CT Estate Hits Market For $16.5 Million A former professional athlete's massive 18,000-square-foot Connecticut compound has been put on the market for nearly $16.5 million. Sotheby’s International Realty listed a 445.62-acre estate in Litchfield County at 400 5 1/2 Mile Road in Cornwall, which is owned by tennis legend Ivan Lendl for $16,450,000, which includes 10 bedrooms, 12 full, and three partial bathrooms. 
“This extraordinary estate with a beautiful Georgian Federal-style home was designed by the American architect Allan Greenberg for world-renowned tennis legend Ivan Lendl,” the realtors wrote in the listing. Former t…

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by Zak Failla
Real Estate
CT Waterfront Estate Sells For $27.75M CT Waterfront Estate Sells For $27.75M
CT Waterfront Estate Sells For $27.75M It's got rooms with a view -- and plenty of them -- and the sale price to show for it. A sprawling Connecticut estate on the waterfront of Fairfield County's Gold Coast on the Long Island Sound has sold for $27,750,000, Houlihan Lawrence announced on Monday, May 10. It's located on the Belle Haven peninsula with 680-plus feet of shoreline on Greenwich Harbor, at 23 Smith Road.  The richly detailed 1939 residence was designed by noted architects Henry O. Chapman, Jr. and Harold Beder, and was the original home of banker and lumber dealer Oliver D. Mead.  There are …

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by Joe Lombardi
Real Estate
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years The average rate of homeownership in Connecticut has dropped significantly over the past five years, according to a new report from the U.S. Census Bureau. Connecticut typically has an above-average rate of homeownership compared to the rest of the country, but the new data found that it is one of two states to show significant declines on that front between 2014 and 2019. During that time span, the ratio of Connecticut owner-occupied households compared to total households in the state dropped 1.4 percent. The only state with a steeper decline was North Dakota at 2.5 percent. The largest …

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by Zak Failla
Real Estate
COVID-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic COVID-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic
Covid-19: New Report Reveals Just How Big Housing Boom Has Been During Pandemic The housing boom ignited by the COVID-19 pandemic has been even bigger than previously thought, according to data released by the Federal Reserve Bank of New York in its report for the final quarter of 2020. Total household debt increased by $206 billion (1.4 percent) to $14.56 trillion for the last three months of 2020, driven in part by a steep increase in mortgage originations, the report stated. That total debt balance is $414 billion higher than at the end of 2019. But wait, there's more. Home prices increased 9.5 percent in November, the highest jump in six years, according to …

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by Joe Lombardi
Real Estate
Tommy Hilfiger Sells $45 Million Mansion In Connecticut Tommy Hilfiger Sells $45 Million Mansion In Connecticut
Tommy Hilfiger Sells $45 Million Mansion In Connecticut Fashion icon Tommy Hilfiger is ditching the Northeast for warmer pastures in Florida after selling his Greenwich mansion for $45 million. This week, after having the 13,344-square-foot mansion listed for several months, Hilfiger closed the deal on the 22-acre John Street estate. The Greenwich home includes six bedrooms, 11 bathrooms (eight full, three powder rooms), a reflecting pool, guest house English gardens, a koi pond, a private pool and had been listed for approximately $44 million. According to realtor.com, the home also has hand-painted fabric walls, carved millwork, wide-board a…

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by Zak Failla
Real Estate
COVID-19: Pandemic Leads To Surge In 'Tiny House' Sales COVID-19: Pandemic Leads To Surge In 'Tiny House' Sales
Covid-19: Pandemic Leads To Surge In 'Tiny House' Sales It seems puzzling at first, but COVID-19 has increased demand for homes in the 120 to 500 square-foot range. Tiny homes, the seemingly quirky, sustainable living trailers that were popularized during the 2010s recession, are being sought in greater numbers, according to manufacturers and industry analysts. A manufacturer in California became so inundated with requests that he had to expand his warehouse from 12,000 square feet to 22,000 square feet, according to Yahoo News. 2020 wound up being a record year for the company and no one was more surprised than the owner. Why would anyone want…

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by Kristin Palpini