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Real Estate
College Of New Rochelle Campus Sells For $32M At Auction College Of New Rochelle Campus Sells For $32M At Auction
College Of New Rochelle Campus Sells For $32M At Auction  After being forced to shutter its doors earlier this year, the College of New Rochelle has found a buyer for its campus officially after filing for Chapter 11 bankruptcy. Following a three-year financial crisis, the 115-year-old college concluded classes on Saturday, Aug. 10. Mercy College is temporarily leasing the campus and will use the facilities through 2020. On Monday, Nov. 25, The Masonic Hall & Asylum Fund announced it had purchased the 15.6-acre campus for $32 million at auction. The United States Bankruptcy Court has already approved the sale at a hearing held on Mo…

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by Zak Failla
Real Estate
'Legally Haunted' Area Manor Up For Sale 'Legally Haunted' Area Manor Up For Sale
'Legally Haunted' Area Manor Up For Sale Just in time for fall and the upcoming "spooky" season, a legally haunted house in Rockland County has hit the market for a mere $1.9 million. The home is known across the region as being deemed "legally haunted," by the New York Supreme Court. The court made the decision favoring the buyer who sued to have his money returned after learning of the home's history as being haunted by poltergeists from the Revolutionary War era. News of the home's unwanted residents, located at 1 Laveta Place in Nyack, came to light in the 1980s after the owner, Helen Ackley, had told people for years about t…

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by Kathy Reakes
Real Estate
College Of New Rochelle Files For Bankruptcy College Of New Rochelle Files For Bankruptcy
College Of New Rochelle Files For Bankruptcy After being forced to shutter its doors earlier this year, the College of New Rochelle has officially filed for Chapter 11 bankruptcy and its campus is expected to be sold within the next two months. Following a three-year financial crisis, the 115-year-old college concluded classes on Saturday, Aug. 10. Mercy College is temporarily leasing the campus and will use the facilities through 2020. In response to the financial crisis, the college has been selling off its assets, including its 15.6-acre campus, which includes more than 425,000-square-feet and includes 20 buildings. A&G Realty…

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by Zak Failla
Real Estate
Equinox Fitness Co-Founder Lists Armonk Estate For $8.8M Equinox Fitness Co-Founder Lists Armonk Estate For $8.8M
Equinox Fitness Co-Founder Lists Armonk Estate For $8.8M The co-founder of luxury fitness company Equinox has listed his Westchester mansion for $8.8 million. Vito Errico, a former Bridgehampton resident, designed the custom-built Armonk estate in collaboration with in-house Equinox designers, Realtor.com reports. Built in 2006, it features a combination of glass, stone and wood. The six-bedroom, six-and-a-half bathroom, 11,423-square-foot mansion is on 2.65 acres of property, according to its Houlihan Lawrence listing. The master suite features two fireplaces, a spa-bathroom and walk-in closets. For more and a gallery of p…

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by Joe Lombardi
Real Estate
Michael Douglas, Catherine Zeta-Jones 'Downsize' To Sprawling $4.5M Westchester Estate Michael Douglas, Catherine Zeta-Jones 'Downsize' To Sprawling $4.5M Westchester Estate
Michael Douglas, Catherine Zeta-Jones 'Downsize' To Sprawling $4.5M Westchester Estate A famous Hollywood couple who have lived in Westchester County for years has "downsized" by selling one home and quietly purchasing another that's a bit smaller. Michael Douglas and Catherine Zeta-Jones recently sold their 13-acre Bedford Corners estate for $20.5 million, making quite a profit off their purchase price of $11.25 million.  Michael Douglas The duo then turned around and snapped up a $12,000-square-foot home in the village of Irvington-on-Hudson for a mere $4.5 million, according to Variety. And while they certainly won't be squeezed into their new digs, they have downsize…

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by Kathy Reakes
Real Estate
NYC Rents Soar To Three-Year High NYC Rents Soar To Three-Year High
NYC Rents Soar To Three-Year High With New Yorkers leaving the state in record numbers, rent prices continue to rise in New York City, reaching a three-year peak. The average rent for a one bedroom apartment in New York is up to $2,980, according to a new report by Zumper. The number represents a 4.2 percent increase from June a year ago and prices have reached a three-year high. The report found that two-bedroom apartments in the Big Apple are also becoming more expensive, up to an average of $3,330 monthly, a 5.1 percent increase from 2018. The average price of rent in New York City is the second highest in the country, …

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by Zak Failla
Real Estate
Moving On Up: New 24-Story Hotel Development Planned For The Heart Of New Rochelle Moving On Up: New 24-Story Hotel Development Planned For The Heart Of New Rochelle
Moving On Up: New 24-Story Hotel Development Planned For The Heart Of New Rochelle As the city continues a transformative downtown revitalization effort, New Rochelle officials have reached an agreement to “dramatically transform” downtown with the development of a new 24-story luxury hotel that will be the first of its kind in the lower Hudson Valley. The New Rochelle Planning Board approved the development of the TRYP Hotel by Wyndham, which will be the largest hotel constructed in Westchester in two decades. It will also be the first of its kind in the lower Hudson Valley. The 245,000-square-foot development will be located directly off I-95 at 115 Cedar Street, in the…

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by Zak Failla
Real Estate
For Sale: College Of New Rochelle's Campus With 425K Square Feet, 20 Buildings For Sale: College Of New Rochelle's Campus With 425K Square Feet, 20 Buildings
For Sale: College Of New Rochelle's Campus With 425K Square Feet, 20 Buildings The College of New Rochelle is selling off its assets as it prepares to close its doors later this summer. After 115 years, the College of New Rochelle was forced to shutter its doors following a three-year financial crisis. Following its final graduation ceremony, the college’s 15.6-acre campus has been put up for sale, days after reports that the school was failing to pay its bills to multiple creditors. The campus is spread over approximately 425,000-square-feet and includes 20 buildings. The zoning for the property allows for both residential or educational use. Any other options would…

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by Zak Failla
Real Estate
Glenn Close Lists Bedford Estate For $3.6M After 30 Years In Area Glenn Close Lists Bedford Estate For $3.6M After 30 Years In Area
Glenn Close Lists Bedford Estate For $3.6M After 30 Years In Area After more than 30 years, iconic actress and "Fatal Attraction" femme fatale, Glenn Close has listed her Northern Westchester estate for sale. Known affectionately, as "Beanfield," the 10-acre estate in Bedford Hills on Succabone Road, which includes a totally renovated idyllic farmhouse, has hit the market for $3.6 million, according to dwell.  The five bedrooms, five bathroom home was recently the setting for Close’s daughter, actress Annie Starke's wedding to management consultant Marc Albu. Starke grew up in the home originally built in 1910.  The home has since been totally renovated…

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by Kathy Reakes
Real Estate
Here's How Much Sandra Lee Lists Northern Westchester Home She Shares With Cuomo Here's How Much Sandra Lee Lists Northern Westchester Home She Shares With Cuomo
Here's How Much Sandra Lee Lists Northern Westchester Home She Shares With Cuomo Is it a place you would want to call home? Food Network star Sandra Lee has listed the Northern Westchester home she haš shared for several years with New York Gov. Andrew Cuomo for $2 million. In May, it was reported by Page Six that the couple is no longer living together and “have been living separate lives for a while,” with Lee spending time in Battery Park City or in California while Cuomo is busy in his Albany office. The two have denied they have broken up.  This week, their four-bedroom, five-and-a-half bathroom home on the New Castle/Mount Kisco border was listed on realtor.…

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by Zak Failla
Real Estate
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says There has been a mass exodus out of Trump Tower in recent years, making it one of the least desirable luxury properties in Manhattan, according to a new report. Bloomberg News reported this week that the 36-year-old building “has been turned into a fortress,” since Trump took over in the Oval Office, with entrances partially blocked and the president’s name turning off liberals in Manhattan. According to reports, condo owners have been cashing out, with many selling at a 20 percent loss to get out of the building. Less than one percent of homes in Manhattan have sold for a loss in the past …

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by Zak Failla
Real Estate
Estate Featured In 'Carlito's Way' With Stunning View Of Long Island Sound Listed At $35M Estate Featured In 'Carlito's Way' With Stunning View Of Long Island Sound Listed At $35M
Estate Featured In 'Carlito's Way' With Stunning View Of Long Island Sound Listed At $35M A sprawling North Shore estate on Long Island made famous in Al Pacino’s “Carlito’s Way” has been put on the market for a cool $35 million. A 26,000-square-foot mansion with seven bedrooms and seven full and 10 half bathrooms on Spring Lane in Great Neck has been listed by realtors Daniel Gale. The home sits on three acres of “picturesque waterfront property,” in the village of Kings Point. If the views of the home look familiar, it is because they were prominently featured in Pacino and Sean Penn’s crime thriller “Carlito’s Way,” which came out in 1993. In the movie, the estate was shot wh…

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by Zak Failla