Bross Chingas Bross Real Estate, Riverside Realty, #1 in 2013
Leslie Clarke Homes, your real estate solution, Westport, CT 203-984-1856Westport Downtown Merchants Association community-wide holiday party, 5:30 December 3, Branson Hall, Christ & Holy Trinity Church, Westport
Molly Lane, Exceptional Properties Specialist: Fairfield County Homes, 917-670-4842
 
Sunday, November 23, 2014

Real Estate

Real Estate

Friday, November 21, 2014

Comings & Goings: Top Drawer to Close After 37 Years

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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

Posted 02:31 PM
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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, $2,499,500WNproperty.jpg

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

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Posted 10:01 AM
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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?”

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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.

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Posted 09:27 PM
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Saturday, November 15, 2014

Comings & Goings: Froyoworld Westport Closes

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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

Posted 04:57 PM
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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, $647,000WNproperty.jpg

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

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Posted 01:00 PM
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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.

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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.

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Posted 09:22 PM
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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.

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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. 

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Posted 12:34 PM
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Wednesday, November 12, 2014

Comings & Goings: Positano’s to Playhouse Campus

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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

Posted 12:34 PM
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Tuesday, November 11, 2014

WestportNow Teardown of the Day: 7 Stony Point Road

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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

Posted 02:32 PM
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Monday, November 10, 2014

WestportNow Teardown of the Day: 7 Bradley St.

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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

Posted 12:24 PM
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Saturday, November 08, 2014

Comings & Goings: Kawa Ni to Bridge Square

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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

Posted 03:08 PM
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WestportNow Teardown of the Day: 39 Spicer Road

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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

Posted 02:24 PM
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Post Road West Office Building Sold for $13 Million

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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

Posted 11:15 AM
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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., $2,690,000WNproperty.jpg

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

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Posted 12:47 PM
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Tuesday, November 04, 2014

Real Estate Report: Normal End-of-Year Inventory Drop

By Judy Szablak

Westport’s real estate market is continuing to see the effects of a normal end-of-year decline in inventory.

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Featured Home: This home at 66 Beachside Ave. is listed at $25 million. (CLICK TO ENLARGE) Photo courtesy of William Raveis Real Estate - Southport/AFA Homes

There is an almost 17 percent drop in inventory from July, when at one point there were 345 properties on the market.

There is also a 5 percent drop in available homes from just last week, which shows an additional decline from 60 days ago when we first reported the seasonal easing of single family homes available for sale.

However, this lessening of inventory should not be any cause for concern.

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Posted 07:50 PM
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