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New York

Price cut for private island off Norwalk coast

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Tavern Island, one of two privately owned properties in the 25-island Norwalk Islands chain, could now be yours for $8.7 million. Al Zesiger, managing director at Zesiger Capital Group LLC, and his wife, Barrie, bought the island in 1981 for less than $1 million, and first listed it for sale at $12.9 million in 2012. After other reductions, the price was finally dropped to $8.7 million this year. A five-bedroom mansion built in 1900 stands on the 2.7-acre island, which is a 5-minute boat ride from the mainland. Nancy Dauk of Halstead Property has the listing. [FBJ]

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Westchester & Fairfield