The Real Deal New York

Westchester and Fairfield Cheat Sheet: Trump’s former Greenwich home lists for $45M … & more

By Aidan Gardiner | April 04, 2018 06:00PM

The Greenwich estate Donald and Ivanna Trump (inset) once lived in is back on the market.

Trump’s former Greenwich home lists for $45M
The home where the future-president lived with then-wife, Ivana Trump in the early 1980s has returned to the market for $45 million. After the Trumps’ divorce, Ivana held onto the property, selling it to current owners, financier Robert Steinberg and wife Suzanne, in 1998 for $15 million. The couple had originally listed the 19,773-square-foot home for $54 million in 2015 and they cut $9 million off the ask in May 2016 before pulling it off the market later that same year. The sellers told The Wall Street Journal that the market has taken a turn in their favor and they’re looking to build a new home elsewhere. The property features eight bedrooms, 1o bathrooms, three half bathrooms, a putting green, an elevator and a dock, according to the listing by Coldwell Banker’s Tamar Lurie. [WSJ]

Urstadt Biddle Properties buys Yonkers shopping center
Greenwich-based real estate investment trust Urstadt Biddle purchased the 27,000-square-foot Tarrytown Shopping Center in Yonkers for an undisclosed sum, Westchester Business Journal reported. The property contains two buildings, which house an AutoZone, CKO Kickboxing, a market and a nail salon. Urstadt Biddle owns two other shopping centers on Central Park Avenue, where the new acquisition also sits. [WBJ]

$120M White Plains retail and residential development approved
The White Plains common council approved a $120 million retail and commercial development Monday. It’ll bring more than 25,000-square-feet of retail and restaurant space along with 276 apartments, the Westchester Business Journal reported. The project is lead by Saber Chauncey WP LLC, a partnership between Saber Real Estate Advisors LLC and Chauncey Station Partners. [WBJ]

Westchester home buyers face stiff competition come spring, brokers say
Brokers believe the market has swung to favor sellers, meaning that the usually busy spring season will bring be tough for prospective home buyers, LoHud reported. Low inventory and rising mortgage rates may make things tough for first-time buyers and it’ll also be a kind of catch-22 for sellers who’ll have to quickly find new lodgings once they do make their sale, brokers said. [LoHud]

Tarrytown apartment complex sells for $91M
Massachusetts-based DSF Group bought the Talleyrand Apartments for $91 million, according to reporting from the Westchester Business Journal. The 300-unit complex had been owned by Brooklyn-based Equity Residential, which recently sold an Upper East Side apartment building for more than $85 million. CBRE’s Jeffrey Dunne, Gene Pride and Eric Apfel brokered the Tarrytown deal. [WBJ]