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An application for a permit to demolish the house at Westport’s 19 Hillspoint Road, near the intersection of Hillandale Road, is in process. Built in 1955, the two-story split has 2,439 square feet, is situated on a 1.05-acre property and changed ownership this month for $920,000. 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

WestportNow Teardown of the Day: 12 Manitou Road
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An application for a permit to demolish the house at Westport’s 12 Manitou Road, off Compo Road South, is in process. Built in 1952, the one-story ranch has 2,772 square feet, is situated on a 1.1-acre property and, according to the Town of Westport assessor database, the last change of ownership was in April 1983 for $190,000. 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
Bridgewater Linked to $130M Office Building Sale?
In the largest real estate transaction in Westport’s history, the 53-acre Nyala Farms Corporate Center, where hedge fund Bridgewater Associates has a trading floor, has changed hands for $130 million.
Sale of the 53-acre Nyala Farms Corporate Center was recorded just as Bridgewater Associates announced it was not moving to Stamford. File photo
A filing recorded late Friday in the Town Clerk’s office –- about the time Bridgewater Associates was announcing it was not moving to Stamford -– said the buyer was 60 Nyala Farms Road LLC, a corporate entity with apparent ties to Bridgewater.
The LLC’s address, 100 Washington Boulevard, Suite 200, Stamford, is the same as Stamford-based Building and Land Technology (BLT), a privately held real estate private equity, development and property management firm which had been developing a $750 million complex for Bridgewater in Stamford. A notation on the filing said to send a recorded copy to someone at BLT.
A Bridgewater spokesman said today Bridgewater “did not purchase Nyala Farms and continues to explore options.”
Westport Property Transfers June 9 – 13, 2014
Westport property transfers as reported by the Town Clerk’s office for the period June 9 - 13, 2014:
SIR-32 Gorham LLC to Sean and Rosie O’Meara, 32 Gorham Ave., $2,465,000
Robert N. M. and Dina M. Upton to Cheryl Ann Driscoll and John Donal Cooney, 278 North Ave., $2,799,000
Paul Walton and Lana O’Brennan to Shuisheng Shi and Li Zhu, 15 Sherwood Farms, $1,510,000
James W. Jr. and Anne F. Scanlan to Kevin G. and Olivera Couloures, 10 Timber Lane, $1,450,000
Comings & Goings: NEAT to Wilton Road
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NEAT Coffee and Craft Cocktails will open in August at Westport’s 6 Wilton Road, the former firehouse that is a part of the National Hall redevelopment, according to Bobby Werhane, owner of Experience Hospitality, with whom NEAT has partnered. According to Rowayton resident and owner Rachel Haughey, the Westport location is “a concept collaboration that will combine excellent offerings to serve both daytime and evening audiences—a coffee shop by day and a cocktail bar by night.” The former hedge fund analyst opened the original Espresso NEAT at 20 Grove St, Darien, in August 2009. Westport hours will be 7 a.m. until midnight. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Real Estate Report: Summer Slowdown is Here
By Judy Szablak
The seasonal summer real estate slowdown has arrived in Westport—ask any Realtor in town.
Featured Home: This home at 114 Morningside Drive South is listed at $2,595,000. (CLICK TO ENLARGE) Photo courtesy of The Riverside Realty Group/ Sue Lieberman & Associates.
Only 20 single family homes have gone under the initial stage of deposit this month, and just three specified price pockets are enjoying 30 percent of all of the activity in town.
The $850,000-900,000 price point is one of the most active price ranges, and has the lowest average market time of just 41 days to reported deposit. The $1.1-1.4 million and $2-2.5 million ranges have also been just as active this month, with an overall average market time of 83 days
Don’t expect too much of a change in overall buyer activity in the next 60-90 days. If your home is on the market, or you are planning to sell your home, it must show at its very finest during this time to effect a timely sale. Buyers are looking, but they are finicky.
WestportNow Teardown of the Day: 54 North Ave.
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An application for a permit to demolish the house at Westport’s 54 North Ave, near Staples High School, is in process. Built in 1906, the two-story conventional has 2,122 square feet and is situated on a 1.2-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
Going Down: 14 Manitou Road
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The house at 14 Manitou Road, Off Compo Road South, was demolished today. Built in 1965, the two-story colonial had 3,166 square feet, was situated on a 1.85-acre property and changed ownership in September 2012 for $1,945,000. It was the WestportNow Teardown of the Day on June 23, 2014. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 14 Manitou Road
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An application for a permit to demolish the house at Westport’s 14 Manitou Road, off Compo Road South, is in process. Built in 1965, the two-story colonial has 3,166 square feet, is situated on a 1.85-acre property and changed ownership in September 2012 for $1,945,000. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Westport Property Transfers June 2 – 6, 2014
Westport property transfers as reported by the Town Clerk’s office for the period June 2 - 6, 2014:
Rose Anne Preston Revocable Trust to Roger J. and Carol L. Schwanhausser, 1 Stony Point Road, $1,725,000
Stein Family L. P. Ltd. to Westport Apts. LLC, 8 Cross St., $800,000
Bartholomew K. and Marilyn E. Casey to SIR-7 Rocky Acres LLC., 7 Rocky Acres Lane, $940,000
Penny P. Wickey to Barrie and Lily Sanderson, 28 Pequot Trail, $1,470,000



