Andrew Cuomo and Sandra Lee list New Castle home, Carnegie estate in Millbrook on sale for $14M and more Westchester & Fairfield real estate news

By Maya Rajamani | May 15, 2019 06:00PM

Clockwise from top left: Sandra Lee (credit: David Shankbone) lists Mount Kisco home amid reported split with New York Gov. Andrew Cuomo, a former Carnegie estate modeled after a Scottish castle hits the Hudson Valley market at $14M, Newmark Knight Frank completes four office leases in Greenwich and Stamford and phase-two planning kicks off at a $500M development in Hyde Park.

Sandra Lee, Gov. Cuomo list New Castle home for $2.3M
New York Gov. Andrew Cuomo and his partner of 14 years, Food Network star Sandra Lee, insist that they’re not breaking up, despite news that they’re listing their 1950s-era Colonial mansion in New Castle for $2.3 million, according to the New York Times. Lee said that with the Cuomo children grown up and moved out, the couple no longer needs the three-acre property, which features a 4,169-square foot home containing six bedrooms and five-and-a-half baths along with a duck pond on the grounds. The couple had purchased the home at 4 Bittersweet Lane in 2008 for $1.2 million. It’s not yet clear which brokers and brokerage will have the listing. Cuomo and Lee will now split their time between the governor’s mansion in Albany, an apartment in Battery Park City in Manhattan and a home in the Hamptons. [NYT]

Former Carnegie estate in Millbrook hits market at $14M
A Hudson Valley estate built in 1927 for famed industrialist Andrew Carnegie’s daughter Margaret Carnegie has hit the market for $14 million, LoHud reported. The property, known as Migdale, short for “Midge” (the nickname of the younger Carnegie), includes an approximately 35,000-square-foot mansion designed to look like Skibo Castle, which Carnegie himself once owned in Scotland. The Millbrook property in Dutchess County also a three-bedroom gatehouse, a staff house, a garden and greenhouse, a tennis court and a playground on the grounds. The home’s interiors “have the glow and patina of age that has been polished to perfection, the result of the four years the current owners spent on restoring and renovating the entire property,” according to LoHud. The Corcoran Group’s Loy Carlos has the listing. [LoHud]

NKF secures 4 office leases in Greenwich, Stamford
Two new tenants have signed leases at a building in Greenwich, and two existing tenants have expanded their leases at a building in Stamford, the Daily Voice Plus reported. North Carolina-based SunEnergy1 leased 5,120 square feet of space at a building on East Putnam Avenue in Greenwich, while CSP Partners and three associates leased 5,000 square feet of space at the building, according to the outlet. In Stamford, ASL Capital Markets expanded its existing lease at a building on Summer Street by inking a deal for a 5,104-square-foot space; JobTarget, meanwhile, expanded its own lease at the building by signing on for 9,818 square feet of space. Newmark Knight Frank, which earlier this year absorbed Stamford-based commercial brokerage Rhys, coordinated all four leases, according to the outlet. [DVP]

Danbury firm buys Bridgeport energy plant for $35.4M
A Danbury-based fuel cell power company shelled out $35.4M for an energy plant in Bridgeport, Greenwich Time reported. FuelCell Energy, which built the plant back in 2013 for Dominion Energy, has now purchased the facility. FuelCell said the plant will bring in more than $15 million in annual revenue. The company, which has racked up a $1 billion deficit during its time as a public company, reported a $17.5 million loss in the three months leading up to the end of January, the outlet reported. [GT]

Bank claims DMX ‘abused’ bankruptcy to nix home foreclosure
Compass Bank claims that rapper Earl Simmons, better known as DMX, is “abusing” the bankruptcy system to keep a foreclosure sale of his Mount Kisco home from happening, the Daily Voice Plus reported. The bank alleges that Simmons and his wife filed several bankruptcy petitions after defaulting on their mortgage; it also claims the couple now owe it more than $900,000. “Access to the automatic stay is a privilege,” the bank said in a pleading cited by DVP. “The debtor has abused that privilege and can no longer be permitted to obstruct Compass’ state court rights.” The couple purchased the home for $649,000 back in 2000, the outlet reported. [DVP]

Phase-two planning kicks off at $500M development in Hyde Park
Phase-two planning has started at Bellefield at Historic Hyde Park in Dutchess County, the Mid Hudson News reported. T-Rex Capital Group affiliate Bellefield Development Partners broke ground on the $500 million development last summer when it started to construct a 133-key hotel called The Inn at Bellefield and install infrastructure, according to the outlet. The second phase of construction will include a second hotel and conference center, as well as a “lively, urbane-but rustic public space… that will include mixed-use retail and residential space,” the developers said in a release. “We are very pleased with how well construction at Bellefield at Historic Hyde Park has been progressing and to share the news of this exciting next step,” T-Rex Capital Group’s CEO Tom Mulroy said in a statement. [MHN]

Joint venture shells out $116M for Rockland County industrial park
A joint venture between New Jersey-based Onyx Equities and investment firm Angelo Gordon, advised by CBRE Group, has snapped up Bradley Corporate Park in Blauvelt in “the largest commercial acquisition in Rockland County since 2016,” according to Real Estate NJ. The 1.2 million-square-foot property sold for $116 million, the outlet reported. The industrial park includes 16 buildings and is approximately 90 percent occupied. “This portfolio provides our venture stable cash flow with the ability to increase revenue through strategic renovation and lease up, as well as potential for development,” Onyx’ chief investment officer Stephen Sullivan said in a statement. [RE-NJ]