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Wednesday, September 02, 2015

Real Estate

Real Estate

Monday, August 31, 2015

WestportNow Teardown of the Day: 39 Compo Parkway

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An application for a permit to demolish the house at Westport’s 39 Compo Parkway, off Compo Road South, is in process. Built in 1920, the two-story colonial has 2,308-square feet, is situated on a .65-acre property and last changed ownership in August 1990 for $615,000, according to the Town Assessor database. 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

Posted 04:19 PM
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Friday, August 28, 2015

Westport Property Transfers Aug. 10 - 14, 2015

Westport property transfers as reported by the Town Clerk’s office for the period Aug 10 - 14, 2015:

5 Fragrant Pines LLC to Howard and Janet Zev, 5 Fragrant Pines Court, $1,969,875WNproperty.jpg

Scott A. and Michelle U. Shapiro to Richard J. Harvey and Thrusha Agravat, 23 Rayfield Road, $1,550,000

Heather M. Bliss to Citimorgage Inc, 87 Saugatuck Ave., $384,000

Scott Hovhannissian Estate to 62 PRW LLC, 62 Post Road West, $765,000

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Posted 10:39 AM
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Friday, August 21, 2015

Comings & Goings: Jersey Mike’s Subs to Compo Acres

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Jersey Mike’s Subs will open in October in the Compo Acres Shopping Center, 398 Post Road East, according to an employee in its Norwalk store at 360 Connecticut Ave. Robek Juice formerly occupied the space, between Trader Joe’s and Farrow & Ball. Westport will be the company’s 10th location in Connecticut. Originally called Mike’s Subs, the business started in Point Pleasant, N.J. in 1956. Today, according to CEO Peter Cancro, Jersey Mike’s has more than 1,500 locations open or under development. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 01:14 PM
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Westport Property Transfers Aug. 3 - 7, 2015

Westport property transfers as reported by the Town Clerk’s office for the period Aug. 3 - 7, 2015:

Steven and Jacqueline Homscheid to Clark and Linda Cheng, 39 Danbury Road, $2,800,000WNproperty.jpg

Robert A. and Patricia C. Chernow to Kathleen Brady and Richard Klimberg, 4 Fox Run Lane, $1,671,000

Post Road Southpark LLC to Benjamin and Pamela Greenblatt, 14 Long Lots Lane , $1,525,000

Susanne Kanner Estate to Riverside/15 Bauer LLC, 15 Bauer Place, $575,000

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Posted 11:05 AM
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Wednesday, August 19, 2015

Real Estate Report: Changing Tastes

By Judy Szablak

An interesting phenomenon has slowly crept into the Westport real estate market and has gone virtually unnoticed.

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Featured Home This home at 52 Shorehaven Road is listed at $2,750,000. (CLICK TO ENLARGE) Photo courtesy of William Pitt Sotheby’s/Darien.

Agents and homeowners alike have been conditioned to understand that certain types of homes sell faster and for more money than others.

Specifically, and with all home amenities and square footage being similar, a Colonial home would sell faster and for more money, followed by a cape, ranch, and finally, a contemporary, which would take the longest to sell, and also sell for less.

Reviewing statistics over the last year tells us otherwise. Yes, more colonials have sold than any other style home, however there are more of them. The difference is inventory as opposed to what has sold, and the absorption rates.

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Posted 08:32 PM
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Friday, August 14, 2015

Comings & Goings: Saugatuck Sweets to Fairfield

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Saugatuck Sweets, the ice cream and candy store which opened at 575 Riverside Ave. in 2014, will open its second store in November at 28 Reef Road in Fairfield, according to Al DiGuido who co-owns the business with fellow Westporter Pete Romano. The Fairfield store is next door to the popular Firehouse Deli. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 05:42 PM
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Westport Property Transfers July 27 - 31, 2015

Westport property transfers as reported by the Town Clerk’s office for the period July 27 - 31, 2015:

Daniel S. and Michele D. Baxter to Steven and Jodi Selzer, 5 Quarter Mile Road, $1,150,000WNproperty.jpg

Robert L. and Marjorie Q. Gaines to Lei Wang and Xia Tian, 111 Cross Highway, $911,250

Henry S. and Pamela S. Scott to 87 Cross Highway Westport LLC, 87 Cross Highway, $500,000

Claire White Estate to Besnik Hajdari, 213 Wilton Road, $632,000

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Posted 11:54 AM
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Wednesday, August 12, 2015

WestportNow Teardown of the Day: 1 Hyatt Lane

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An application for a permit to demolish the house at Westport’s 1 Hyatt Lane, off Woodside Avenue in the Old Hill section, is in process. Built in 1953, the 1-1/2 story cape has 1,740-square feet and is situated on a .3-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

Posted 11:02 AM
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Tuesday, August 11, 2015

WestportNow Teardown of the Day: 15 Bauer Place

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An application for a permit to demolish the house at Westport’s 15 Bauer Place off Old Road is in process. Built in 1947, the 1-1/2 story cape has 1,404-square feet and is situated on a .27-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

Posted 04:55 PM
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Westport Assessor: Property Revaluation on Schedule

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Westport Assessor Paul Friia told the Westport Rotary Club today the town’s every five year property revaluation in on schedule with about 8,300 of 8,600 Westport taxable properties already visited. He said while the law allows residents to refuse entry to make interior checks, doing so enables a fairer valuation. “It promotes assessment equity,” Friia said. “The better data we have, the more equitable the result.” He said in addition to property visits, his office is reviewing data from 130 teardowns since April 2014 and 40 commercial sales since October 2013. The result will be a list of Westport property values as of Oct. 1, 2015, the basis for calculating a property owner’s real estate tax. Once reval notices are sent out, property owners will have an opportunity to informally then formally challenge the findings, he said. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 03:29 PM
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Friday, August 07, 2015

Westport Property Transfers July 20 - 24, 2015

Westport property transfers as reported by the Town Clerk’s office for the period July 20 - 24, 2015:

Janet M. Newman Estate to Lawrence and Sandra Lefkowitz, 4 Norport Drive, .62% Westport, $780,000WNproperty.jpg

Lillian and Rohan Kohli to Michael and Sandra Sriharil, 61 Bulkley Ave., $2,600,000

Anne A. Kallish to Katherine Peixoto, 19 Hale St., $445,000

Anne A. Kallish to MacDaniel and Stephanie Devito, 18 Mills St., $445,000

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Posted 10:49 AM
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Thursday, August 06, 2015

More Ideas Floated at P&Z Senior Housing Committee

By James Lomuscio

It seemed there were more ideas for increasing Westport’s senior housing stock than there were people at the Planning and Zoning Commission’s (P&Z) second Senior Housing Committee meeting tonight. Only 10 persons were in attendance, and again, everything appeared to be on the table.

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About 10 persons attended tonight’s second meeting of the Planning & Zoning Commisson’s Senior Housing Committeee (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

From group homes for seniors to continuing care residential communities (CCRC) to multifamily senior housing without support services—even the suggestion of putting three ranch houses for seniors on an acre in a one-acre residential zone—the committee explored myriad ways to entice developers to pursue projects on private land.

“We’re still brainstorming,” said Catherine Walsh, who co-chairs the committee with P&Z Vice Chairman Jack Whittle.

“That’s the general idea,” said Whittle, adding that the paths chosen would be “followed by a text amendment or two that have a reasonable chance of getting around the P&Z.”

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Posted 10:45 PM
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Comings & Goings: Another Mexican Restaurant

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Westport is getting another Mexican restaurant, this one named Rio Bravo at 1620 Post Road East. It opens in October, according to manager Everado Lopez, who describes the menu as “gourmet Mexican.”  This is the third location for Rio Bravo, owned by Edgar Brambila, who opened his first Rio Bravo in Fairfield in October 2013 and the second seven months ago in Larchmont, N.Y. Lopez said the similarity of the Rio Bravo name with its restaurant neighbor Bravo Pizzeria is a mere coincidence. Other recent Mexican restaurant openings on Post Road East include Chipolte, 376 Post Road East, and Qdoba, 275 Post Road East. They join the long-established Border Grill, 1550 Post Road East. Elsewhere in town, Mexican eateries include Viva Zapata, Villa del Sol, Bartaco, Cuatro Hermanos, and Señor Salsa. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 04:22 PM
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Wednesday, August 05, 2015

William Pitt Sotheby’s Acquires Nicholas H. Fingelly

William Pitt Sotheby’s International Realty announced today it has acquired the assets of Nicholas H. Fingelly Real Estate in Southport and Westport. Terms were not disclosed.

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Vicky, Cathy and Ginny Fingelly with Paul Breunich, president and CEO of William Pitt Sotheby’s International Realty. (CLICK TO ENLARGE) Contributed photo

Nicholas H. Fingelly Real Estate will now operate as William Pitt Sotheby’s International Realty, a news release said.

William Pitt Sotheby’s International Realty said it will maintain two brokerage locations in each of the towns, keeping Fingelly’s offices at 251 Main St., Southport, and 1265 Post Road East, Westport, as well as its own at 250 Pequot Ave. Southport and 199 Post Road East in Westport.

Fingelly’s 67 sales associates will still be based out of their existing offices, including principals Cathy, Ginny and Vicky Fingelly, who will also continue with the firm as sales associates, the announcement said.

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Posted 06:45 PM
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Monday, August 03, 2015

Comings & Goings: Amenity Nail & Spa to 125 Main St.

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Amenity Nail & Spa, the most recent nail salon addition to Westport’s personal care businesses, opened today in the lower level of 125 Main St. Its entrance is located on Parker Harding Plaza below the Gap. Yi (Zack) Zhao, who co-owns the business with his wife Sandra (above), said he has been in the salon industry for 15 years and also owns the Nail Boutique, 522 East Putnam Ave., Greenwich for the past 10 years. The space was previously occupied by the CRU restaurant, which closed in February 2014. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 07:06 PM
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