Westchester & Fairfield Cheat Sheet: Inside tech company’s $100M expansion in Wilton, boutique hotel and museum proposed in Peekskill … & more

New York /
Feb.February 15, 2018 08:30 AM
Westchester and Fairfield Cheat Sheet

Clockwise from top left: A waterfront mansion in Greenwich sold for $14.5 million, PepsiCo’s White Plains offices will get a new parking garage, a hotel and museum space are proposed in downtown Peekskill, and ASML is expanding in Wilton.

Tech company ASML investing up to $100M in Wilton expansion
ASML, a computer chip manufacturer, is planning to invest up to $100 million to expand its Wilton manufacturing and engineering center. The planned work, announced by Connecticut governor Dannel Malloy, will add more than 500 jobs at the 300,000-square-foot facility. ASML plans to build a new parking garage and renovate the building. The Dutch company acquired the Wilton property with its 2001 purchase of the Silicon Valley Group, which had owned the complex since 1990. [Hartford Courant]

Hotel and new museum proposed for downtown Peekskill
Local restaurateur Louie Lanza wants to build a 40-room hotel in downtown Peekskill. The plans include 10,000 square feet of space for the Hudson Valley Center for Contemporary Art — to be renamed Hudson Valley MoCa if it’s approved. The state Workers’ Compensation Board formerly occupied the 35,000-square-foot building at 41 North Division Street, but Lanza and his partners bought it at auction last year. The Peekskill City Council gave the proposal a warm reception, Lohud reported. [Lohud]

Bridgeport area has the highest percentage of millionaires in the US
If you’re looking for American millionaires, the Bridgeport metro area is the number one place to find them, according to a report from market-research firm Phoenix Marketing International. Nine percent of households in the greater Bridgeport market have over $1 million worth of investable assets according to the Wall Street Journal. About 411,000 families became millionaires in 2017, the highest number since 2010, the study found. [TRD]

Waterfront mansion in Greenwich sells for $14.5M
The mansion at 51 Glen Avon Drive sold for $14.5 million, marking another deal at the upper end of the rebounding Fairfield County luxury market. Built in 2009, the 8,916-square-foot home had been listed with David Ogilvy & Associates for $15.9 million since April 2017, and the unnamed buyer was represented by Houlihan Lawrence agent Ellen Mosher. The 1.5-acre property also features a pool house, outdoor kitchen and a dock on Cos Cob Harbor. [FBJ]

With Pepsi’s White Plains workforce growing, landlord plans new parking garage
The owners of PepsiCo’s campus in White Plains will add a three-story, 495-spot parking garage to accommodate the soda company’s growing workforce in the area. PepsiCo leased temporary space at the property in 2012 while renovating its offices in Purchase, and after a $10 million upgrade in White Plains, it leased both buildings at the 370,000-square-foot campus. Onyx Equities bought the property through Westpark Associates NY LLC for $56.6 million in 2014. [WBJ]


Related Articles

arrow_forward_ios
A photo illustration of John D. Rockefeller and 181 Glenville Road in Greenwich, Connecticut (Getty, Sotheby's International Realty, Published by Scientific American Compiling Dep't, New York. 1907., Public domain, via Wikimedia Commons)
Rockefeller descendants list 54-acre parcel from Greenwich estate
Rockefeller descendants list 54-acre parcel from Greenwich estate
From left: SL Green's Marc Holliday, Cappelli Organization’s Louis Cappelli, PRCP’s Steve Plenge and the Galleria White Plains (Google Maps)
SL Green, Cappelli join PRCP to redevelop Galleria White Plains
SL Green, Cappelli join PRCP to redevelop Galleria White Plains
Blue Owl Capital's Doug Ostrover, Citadel's Ken Griffin, and 646 Steamboat Road in Greenwich CT (Loopnet, Getty, Blue Owl Capital, Citadel)
Wall Street firms double down on Connecticut offices
Wall Street firms double down on Connecticut offices
Friedkin Property's David Friedkin 2 Canfield Avenue (LinkedIn, Google Maps, Getty)
GID sells multifamily complex for $113M
GID sells multifamily complex for $113M
Shelbourne Global Solutions' Bernard Bertram and 777 West Putnam Avenue (Shelbourne Global Solutions, Google Maps)
New York firm pays $48M for Greenwich office
New York firm pays $48M for Greenwich office
Donald Trump with 21 Vista Drive (Getty Images, Brown Harris Stevens)
Trump’s former Greenwich mansion up for grabs
Trump’s former Greenwich mansion up for grabs
(iStock, Illustration by Kevin Cifuentes for The Real Deal)
Developer sentenced to 3 years for blowing investors’ money on himself
Developer sentenced to 3 years for blowing investors’ money on himself
555 Lake Avenue in Greenwich, CT (Sotheby’s International Realty)
Castle-like Connecticut mansion hits market at $39M
Castle-like Connecticut mansion hits market at $39M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...