Westchester & Fairfield Cheat Sheet: Equestrian estate asking $21M is up for auction, 900 resi units slated for Mt. Vernon & more

TRD New York /
Jun.June 08, 2017 06:15 PM
 

From left: 521 Round Hill Road and 429 Taconic Road in Greenwich

Greenwich equestrian estate up for auction after being listed for $21M

With an asking price of $21 million, the sellers of an equestrian estate at 429 Taconic Road in Greenwich, Connecticut, weren’t horsing around. However, their lofty listing, a 10,000-square-foot, five-bedroom home set on 13 acres, may fail to get that number when it goes to auction with DeCaro Auctions International on June 17. Built for the former COO of beverage company Glaceau, Carol Dollard, the property comes complete with stables, a wash room, feed stall and tack room, a hayloft, indoor and outdoor training facilities and a riding trail that rings the property. [Fairfield Daily Voice]

900 new residential units planned for Mount Vernon

For years, the blue-collar town just north of the Bronx was fondly known as “Money earnin’ Mount Vernon.” Now, the tagline could change to “money spendin’” since four developers are planning to invest heavily there. Last week, they announced plans for 900 new market-rate rental apartments worth more than $300 million. One of the projects, put forward by Enclave Equities, calls for 179 units in a group of five, five-story apartment buildings, priced at $48 million. A 16-story, mixed-use building would hold 249 residential units in addition to retail space. Mayor Richard Thomas said that the four projects, which are in various stages of the approvals process, are a direct response to Gov. Cuomo’s $2.5 billion housing initiative. [LoHud]

Just listed: 9,200-square-foot New Canaan manor house designed by famed architect

An expansive country house at 99 Huckleberry Hill Road in New Canaan, designed by renowned architect Allan Greenberg is on the market for $8.5 million. The six-bedroom, eight-bathroom stucco house sits on an 8.4-acre estate, with views of a pond along the Silvermine River. Greenberg, who designed the facade of Bergdorf Goodman in New York City, built the house in 1982. There were subsequent expansions in 1995 and 2006, for a total of 9,235 square feet of living space today. The property features a guest cottage, heated pool and pool house. William Pitt of Sotheby’s International Realty is the broker. [Fairfield Citizen]

What makes the most expensive listing in Greenwich so special?

At $39.9 million, 521 Round Hill Road is currently the most expensive listing in Greenwich. So what does a cool $40 million get you? Forty acres overlooking the Long Island Sound and 17,603 square feet of freshly renovated interiors, with nine bedrooms, eight full and four half-baths. Bill Andruss of Sotheby’s International Realty has the listing. [Patch]

Saw Mill Parkway bridge urged to curb New Castle congestion

A bridge too far? Local officials of New Castle in Westchester are urging regional transport planners to build a bridge over the Saw Mill River Parkway and the nearby Metro North tracks in order to ease congestion. The projected cost for the construction is estimated to be in the region of $30 million to $50 million. Citing benefits for the town, railroad, county and state,” Sabrina Charney Hull, the town’s planning director, added, “If you look at police reports for how many accidents there are on that portion of the Saw Mill River Parkway, it’s quite high. Typically you don’t expect to be interrupted by a four-way intersection and a traffic light.” [LoHud]

Greenwich area communities change zoning laws to prohibit multifamily developments

The message was loud and clear after a planning and zoning commission in several Greenwich area neighborhoods voted unanimously last week to only allow single- and two-family housing within their limits. The communities voicing their choice to restrict multifamily developments (R-6 zoning) were Byram, Chickahominy, Cos Cob and parts of downtown Greenwich, including Milbank Avenue. Planning and zoning director Katie DeLuca said that the preservation of neighborhood character streetscapes, in light of the teardown and rebuild trend were major factors in the vote. [Greenwich Free Press]


Related Articles

arrow_forward_ios

Rentals still rule in Connecticut as multifamily portfolio trades hands

Stamford apartment complex sells for $50M, Tom Brokaw’s Pound Ridge home gets a $2M price cut and more Westchester & Fairfield real estate news

Resi brokers remain resolute in face of Connecticut’s new “mansion tax”

AvalonBay breaks ground on $77M Harrison complex, journalist Scott Pelley to sell Darien home and more Westchester & Fairfield real estate news

Rubenstein reels in Stamford’s RBS building in $163M deal

Clockwise from top left: Bruce Willis lowers asking price on Bedford Corners estate by nearly $1M (credit: Wikipedia and Houlihan Lawrence), Wilton-based agency joins Berkshire Hathaway's HomeServices as residential brokerage consolidation comes to Connecticut, CVS signs lease as anchor tenant at New Rochelle's Rockwell development and Nordstrom sets an opening date for its store at Norwalk's new SoNo Collection (credit: JohnOwensCT).

HomeServices acquires Wilton resi brokerage, I.M. Pei-designed IBM campus in Somers to get new life & more Westchester & Fairfield real estate news

Former Rye Playland operator files for bankruptcy, Darien gets a co-working space for women & more Westchester & Fairfield real estate news

Former NFL star’s Greenwich home heads to auction, Dressbarn shuts its doors and more Westchester & Fairfield real estate news

arrow_forward_ios