Commercial real estate developer Jonathan Resnick was the target of a Molotov cocktail in the early hours of Wednesday morning, according to the Lower Hudson Journal. Resnick, president of development firm Jack Resnick & Sons, discovered his living room ablaze at 12:14 a.m., after an unidentified intruder scaled his Rye property’s stone wall and hurled a plastic bottle of flammable liquid into his house. Police have not identified any suspects, nor have they established a motive. Joseph Verille, a lieutenant with the Rye police, said that his precinct is taking the incident seriously. “That kind of thing isn’t a random act,” Verille said. [The Journal]

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From the February issue: The New York City real estate world has closely followed as brokerages here have downsized and shuttered offices. But just north of the city, in Westchester, the real estate industry has quietly seen a shift of its own. Indeed, some say the brokerage world there has been irrevocably altered during the downturn as some firms have announced closures, and others have set up shop or merged with larger corporate entities, poaching agents along the way. The biggest shake-up, of course, was Sotheby’s International Realty’s October decision to terminate its presence in the county altogether. Sotheby’s sold four of its offices — its three “golden triangle” offices in Scarsdale, Rye and Larchmont, as well as one in Chappaqua — to an affiliate, William Pitt Sotheby’s International Realty. In addition, it shut down a fifth office in Katonah, farther north in Westchester. That follows Better Homes and Gardens Rand Realty, which has seven offices in Westchester with roughly 340 agents, joining the Realogy umbrella at the end of April.  [more]