The Real Deal New York

Westchester & Fairfield Cheat Sheet: Harvey Weinstein sells off Westport homes for $16M, 3 new residential developments announced in New Rochelle … & more

By James Klatell | March 07, 2018 05:30PM

Clockwise from top left: Fisher Development’s proposed tower in New Rochelle, WP Development’s plans for the historic Good Counsel Academy site in White Plains, Harvey Weinstein sold two more properties in Westport, and BLT’s Towers complex in Norwalk will soon house FactSet’s HQ.

Harvey Weinstein sells two Westport properties for $16M
Disgraced Hollywood exec Harvey Weinstein continues to unload his real estate holdings, selling two neighboring waterfront properties in Westport for a total of $16 million. Weinstein bought the six-bedroom colonial at 26 Beachside in 1994, offloading the 2.38-acre property recently for $10 million. He bought next door, at 28 Beachside Avenue, in 2000 but left the 1900 Cape Coder-style home on the property vacant. It recently sold for $6 million, Realtor.com reported. The two properties were bought by Andrew Bentley, who already owns four other lots on the street. Weinstein unloaded another Westport home in October and sold his Hamptons mansion earlier this year. [Realtor.com]

New Rochelle mayor announces three new residential developments
New Rochelle Mayor Noam Bramson announced that three more residential towers may be added to his city’s growing skyline. Wilder-Balter Partners of Elmsford is planning a development at 14 LeCount Place with approximately 500 units in two 27-story towers. The firm will present its plan to the city’s planning board this month. At 500 Main St., BRP Development of New York City and Covenant Church want to build a 16-story project with 243 apartments. An additional 400 apartments are being proposed by Fisher Development across the street from the train station at 277 North Avenue. The three new projects are in addition to the previously announced RXR Realty tower at 607 Main Street, which will add as many as 700 apartments in two 28-story towers. [Globe St.]

Staying in Norwalk, FactSet leases 173K square feet for new HQ
Financial information service FactSet, one of Norwalk’s largest employers, will be moving its headquarters to Building and Land Technology’s Towers complex by the end of 2019, The Hour reported. FactSet will lease 173,000 square feet of office space at 45 Glover Avenue, one of three BLT-owned buildings on the site that used to be Xerox’s headquarters. BLT built the Towers at Merritt River in the early 2000s and is developing a 1,000-unit residential project in the area. FactSet is vacating the nearby Merritt 7 Office Complex, where Xerox, Aon and Frontier are now major tenants. [The Hour]

Landmark designation may impede major mixed-use development in White Plains
A massive mixed-use development is planned for the 16-acre site of the former Good Counsel Academy in White Plains, but a recommendation from the city’s Historic Preservation Commission to make the buildings a local historic landmark may complicate the project. WP Development bought the property for $16.2 million in 2015 and proposed building two 10-story towers with 400 apartments, an assisted living facility and 70 dorm-style units for Pace University’s Elisabeth Haub School of Law. The commission made the landmark recommendation to “ensure that the city has a voice in any changes development might bring,” Chairman Rob Hoch told the Journal News. The developer’s plans call for eight of the century-old original buildings to be demolished, but the chapel and 1860s-era Mapleton mansion would be preserved. The property is already listed on the New York State and National Registers of Historic Places. [Lohud]

New Rochelle to move City Hall to MacQuesten Development building by 2021
New Rochelle’s City Hall will move from its current location to the ground floor of MacQuesten Development’s mixed-use tower at 45 Harrison Street, Mayor Noam Bramson said during his State of the City address. The New Rochelle school district will take over the City Hall building at 515 North Avenue and use it for classrooms and administrative offices. MacQuesten’s $110 million project is expected to break ground this summer and will include 238 apartments, nearly 10,000 square feet of retail and a four story parking garage. The mayor said the municipal move is expected by 2021. [WCBJ]