Sunday, November 23, 2014
Rare Opportunity to Tour Bedford Estate
Today was the last day of a three-day estate sale at the Westport waterfront home of the late Ruth Bedford. The daughter of Frederick T. and Lucie Thomas Bedford and the last surviving grandchild of Westport philanthropist Edward T. Bedford died in June at age 99. (See WestportNow June 19, 2014) In addition to an opportunity to buy furniture, books, and other family belongings of Bedford, the sale afforded the public a rare opportunity to tour the 7.5-acre estate on Beachside Avenue, which had been on the market until recently for $25 million. (CLICK TO ENLARGE) WestportNow.com photo
Friday, November 21, 2014
Comings & Goings: Top Drawer to Close After 37 Years
Top Drawer, a women’s boutique at 1537 Post Road East, is closing. Owner Joan Rotman (above) and manager Mickey Kleefield and their staff have delivered personalized service to Westport customers for more than 37 years. A closing sale is in progress, and Rotman said she plans to be out before the end of the year. “It’s time,” she said, adding that she and her staff will miss their many customers with whom they have developed very close ties over the years. “Thank you for all your loyalty, caring and friendship,” she said. (CLICK TO ENLARGE) WestportNow.com photo
Westport Property Transfers Nov. 3 - 7, 2014
Westport property transfers as reported by the Town Clerk’s office for the period Nov. 3 - 7, 2014:
SAJ Ventures LLC to Christopher and Andriene Johnson, 6 Cardinal Lane, $2,499,500
Kristin R. Harvey to SIR-14 Peaceful LLC, 14 Peaceful Lane, $670,000
7 Turtleback Lane LLC to Brian S. Mass and Felise G. Cooper, 7 Turtleback Lane, $2,350,310
Wendy P. Harris to Kevin D. and Leslie A. McNiece, 8 Cross Brook Lane, Tax paid in Norwalk, $590,000
Wednesday, November 19, 2014
Real Estate Report: How Many Homes to Look At?
By Judy Szablak
Whether you are trading up, downsizing, or moving into Westport for the first time, the same question arises over and and over from all types of buyers: “How many homes should we, or do we need to look at?”
Featured Home This home at 16 Ellery Lane is listed at $2,999,999. (CLICK TO ENLARGE) Photo courtesy of William Raveis-Southport
The answer is not the same for everyone. Given optimum circumstances, you may only need to look at one house, or maybe five or six.
Some people may need to see 10 or more. One thing for sure, you will know it is the right house the moment you enter, or shortly thereafter.
A home is not anything even the slickest salesperson can sell you if you do not want it, and the most professional agents know this already.
Saturday, November 15, 2014
Comings & Goings: Froyoworld Westport Closes
Froyoworld Westport has closed at 361 Post Road West in the shopping center once anchored for many years by the also closed John’s Best. Froyoworld opened in June 2012, one of a wave of frozen yogurt shops that opened about that time. (See WestportNow June 18, 2012) Froyoworld’s closure follows the closing of Pinkberry Frozen Yogurt, 113 Post Road East, last June and the more recent closing of Peachwave Yogurt at 170 Post Road West. (See WestportNow June 10, 2014) (CLICK TO ENLARGE) WestportNow.com photo
Friday, November 14, 2014
Westport Property Transfers Oct. 27 - 31, 2014
Westport property transfers as reported by the Town Clerk’s office for the period Oct. 27 - 31, 2014:
John J and Daniele Kyle-Hein to Thomas J. Downing, 14 High Gate Road, $647,000
163 South Compo LLC to Scott B. and Danajean S. Witkin, Compo Road South Segment X, $33,750
Carlos and Milagro Ventura to Yaron Ram, 6 West End Ave., $250,000
Claire Jospe Opalach Estate to Crooked Mile Contractors LLC, 4 Crooked Mile Road, 80% Interest, $704,000
Thursday, November 13, 2014
Drew Friedman Sells Main St. Property for $9.2 Million
By James Lomuscio
UPDATE (adds sale recorded) Disillusioned by town zoning laws and with interests elsewhere, longtime Westport landlord-developer Drew Friedman after 31 years has sold his two-story building at 36-42 Main St., home to Bobby Q’s, formerly Onion Alley, for $9.2 million.
The two-story building at 36-42 Main St., built in the 1930, was acquired by Drew Friedman in 1983. (CLICK TO ENLARGE) Contributed photo
The sale, completed today, was to Forstone Capital, LLC, a Darien-based real estate investment firm that also owns 1365-1391 Post Road East, the site of Anthropologie and the building that houses Balducci’s, Friedman said. One of Forstone’s principals, Brandon Hall, lives in Westport.
The $9.2 million sale was recorded Friday in the Town Clerk’s Office, said Town Clerk Patricia Strauss.
HK Group, a Westport-based commercial real estate group that brokered the transaction, announced the sale of the 9,982-square-foot, 1930-built property on .2-acres today but did not mention the buyer or the sales price.
Real Estate Report: Location, Location Drives Sales
By Judy Szablak
When it comes to Westport real estate, the most important factor continues to be “location, location, location,” which was also cited as the top reason for a move in the recently released National Association of Realtors in-depth 2014 Profile of Home Buyers and Sellers.
Featured Home This home at 15 Adams Farm Road is listed at $3,389,000. (CLICK TO ENLARGE) Photo courtesy of Westport Residential, LLC
That is, location of the neighborhood, convenience to one’s work location, and location of the most desirable schools.
Neighborhood continues to be the top influencer, and the Compo Beach area has been Westport’s hottest neighborhood this year by far, followed by Coleytown and the Hunt Club area, as judged by homes actively on the market as compared to the number of homes sold in these specific market areas.
The school district choice remains very important to today’s buyers as well, with Saugatuck Elementary district seeing tremendous activity, followed by Long Lots, with Greens Farms and Coleytown nearly tied for third place.
Wednesday, November 12, 2014
Comings & Goings: Positano’s to Playhouse Campus
Positano’s Restaurant, a mainstay at Westport’s Old Mill Beach for 13 years, will move in February to the Westport Country Playhouse campus in a building occupied until last February by the Dressing Room Restaurant, (See WestportNow Feb. 1, 2014), the Playhouse announced today. The Positano property changed hands in September for $2 million. Positano’s will close on Dec. 31 at its current location. It is unclear whether it will remain a restaurant or become a residential building. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Tuesday, November 11, 2014
WestportNow Teardown of the Day: 7 Stony Point Road
An application for a permit to demolish the waterfront house at Westport’s 7 Stony Point Road, in the Saugatuck area, is in process. Built in 1960, the 1-1/2 story cape has 3,847 square feet, is situated on a 1.2-acre property and changed ownership in July for $2,8 million. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Monday, November 10, 2014
WestportNow Teardown of the Day: 7 Bradley St.
An application for a permit to demolish the house at Westport’s 7 Bradley St., in the Compo Beach area, is in process. Built in 1930, the two-story colonial has 1,761 square feet and is situated on a .22-acre property. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Saturday, November 08, 2014
Comings & Goings: Kawa Ni to Bridge Square
Kawa Ni, described by co-owner Massimo Tullio as a Japanese bistro, has opened at Westport’s Bridge Square in the Saugatuck area. Tullio, who with Bill Taibe owns the popular Westport eateries The Whelk, 575 Riverside Ave., and Le Barn, 256 Post Road East, said the Japanese bistro concept is designed after Japan’s traditional pub-style Izakaya with the exception that the portions at Kawa Ni are slightly larger. “Some people view this as Japanese tapas,” he said. “We feature a range of Japanese cuisine favorites including Men (noodles), Onigiri (rice cakes) and Donburi (rice bowls). “For many it’s often a pre-dinner culinary treat so we avoid heavy soy sauce which is filling, instead we serve pickled cabbage that has salt levels well below soy sauce which is often bloating.” (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 39 Spicer Road
An application for a permit to demolish the house at Westport’s 39 Spicer Road, off Hillspoint Road, is in process. Built in 1940, the two-story conventional has 1,668 square feet, is situated on a .5-acre property and, according to town assessor records, changed ownership in January 2006 for $760,000. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Post Road West Office Building Sold for $13 Million
An office building at 276 Post Road West changed hands Friday for $13,066,666, according to the Westport Town Clerk’s Office. The fully–leased 32,873-square foot office property, built in 1987, is located on 2.93 acres of land and last changed hands in 2002 for $7.5 million, according to Town of Westport records. Westport-based HK Group was the only broker in the transaction. Buyer was an LLC owned by New York-based Gerard Alexander Family Holdings and seller was an LLC owned by Paragon Management Group, one of the tenants in the building. (CLICK TO ENLARGE) Contributed photo
Friday, November 07, 2014
Westport Property Transfers Oct. 20 - 24, 2014
Westport property transfers as reported by the Town Clerk’s office for the period Oct. 20 - 24, 2014:
25 Norwalk Avenue LLC to KLR Holding LLC, 25 Norwalk Ave., $2,690,000
W. Y. Mary and Daniel W. W. Chan Trusts to Francis and Anna-Lisa Petrsoric, 80 Old Hill Road, $1,000,000
Judith J. Fernandez to Tingting Zhao and Ruiguo Zhang, 25 Fillow St., $630,000
Anna M. Rimby to 1 Lantern Hill LLC, 18 Long Lots Road, $450,000
Note: WestportNow Publisher Gordon F. Joseloff is also First Selectman of Westport