Category: Real Estate - Page 235

Sunday, October 18, 2026

Comings & Goings: Pink Sumo Debuts Next Month

Westport’s newest restaurant, Pink Sumo, is scheduled to open at 8 Church Lane by mid-October according to a worker at the site. The eatery, which will feature Pan Asian cuisine, opens in the location formerly occupied by restaurants, Zest and most recently by Cafe Manolo. It is just up the street from the new Spotted Horse Tavern. Restaurateur Skye Kwok also owns two other Asian cuisine restaurants, Sweet Basil at 284 Black Rock Turnpike, Fairfield and Fei Ma (translates from Chinese as Flying Horse) at 4565 Main St, Bridgeport. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Wednesday, September 19th, 2012

Real Estate Report: Local Market Mirrors National Gains

By Judy Szablak

The National Association of Realtors report released today shows that August’s existing-home sales continued with a sixth straight month of pricing improvement on a year-over-year basis, and the national median existing-home price was up 9.5 percent to $187,400 in August from one year ago.

This home at 6 Viking Green is listed at $1,699,000. (CLICK TO ENLARGE) /Photo courtesy of William Raveis Stamford/Borowik Associates

This represents the strongest improvement since January 2006, when the median price rose 10.2 percent. The last time there were six consecutive price increases from a year earlier was from December 2005 to May 2006.

NAR’s chief economist Lawrence Yun said, “The housing market is steadily recovering with consistent increases in both home sales and median prices. More buyers are taking advantage of excellent housing affordability conditions.”

Nationally, the 2.47 million homes in housing inventory represent a 6.1 month supply at the current pace, down from a 6.4 month supply in July.

Friday, September 14th, 2012

Westport Property Transfers Aug. 27 – 31, 2012

Westport property transfers as reported by the Town Clerk’s office for the period Aug. 27-31, 2012:

David K. and Leslie Lewis Kirshner to Paul D. and Denise M. Pinney-Michalowski, 2 Marvin Place, $1,911,300 WN property.jpg

Rhea Schindler to Michael M. Wiseman, 0 River Lane, $55,000

Heather L. Yeo to SIR-3 Webb LLC, 3 Webb Road, $700,000

Ryan and Shannon McGeachie to Weichert Relocation Resources Inc., 184 Cross Highway, $1,850,000

Comings & Goings: AD Bistro Debuts on Post Road East

Westport’s newest restaurant, AD Bistro, debuted tonight at 1035 Post Road East, formerly Arcudi’s restaurant. The restaurant is attached to the Aux Delices French bakery and cafe, which opened in June (see WestportNow June 1, 2012). It is owned by Greenwich residents Greg Addonizo (r) and his wife Debra Ponzek (not pictured) who own other cafes in Greenwich, Riverside, and Darien. They also have a large commercial kitchen in Stamford where they offer adult and children’s cooking classes. Ponzek is an internationally-acclaimed chef who, prior to opening Aux Délices, was executive chef at New York City’s Montrachet Restaurant and credited with a seven-year run of three-star status. Chef at AD Bistro is Lisa Varnberg (c., striped pants), a graduate of the French Culinary Institute. (CLICK TO ENLARGE) Helen Klisser During for WestportNow.com

Wine and Wallpaper

Farrow & Ball, the British manufacturer of traditional paint and wallpaper, held a reception tonight in its new Westport showroom at 396 Post Road East in the Compo Acres Shopping Center. Kathy Banfe, president, North America sales and marketing, said Westport is the company’s 10th showroom in the United States and its second in Connecticut. The other is at 32 East Putnam Ave., Greenwich. The 1,250-square feet Westport space between Robek Juice and Compo Farm was previously occupied by T-Mobile. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Thursday, September 13th, 2012

Comings & Goings: Another Saugatuck Eatery

Another addition is coming to the Saugatuck restaurant scene – one featuring gourmet Chilean fare in the former Saugatuck Post Office. The popular restaurateur and caterer, Maria Munoz del Castillo, owner of the former Bistro Du Soliel at 120 Washington St. Norwalk will open a cafe, off-site catering and take-out eatery at the site on Riverside Avenue by November, according to her father, Bernardo. The Saugatuck Post Office closed in September 2009. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Comings & Goings: Pinkberry to PRE

Westport is about to get a Pinkerry frozen yogurt store like the one in Fairfield at 1512 Post Road (above). The company will open at 111 Post Road East by Thanksgiving, according to Westport broker Franco Fellah of HK Group. The location was previously occupied by the Go Figure one-to-one personal trainer facility which moved last month to 1200 Post Road East in the Carriage Hill Shopping Center. According to Fellah, the Westport Pinkberry unlike other locations, will also offer coffee. He said that the Westport and Fairfield franchise owner, Jamie Karson, a former senior executive of the Steve Madden women’s footwear company, also owns a Pinkberry shop in Greenwich and also plans to open one in New Haven. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Real Estate Report: Looking Forward to Healthier 2013

By Judy Szablak

Year to date, there have been 261 sales reported through our Multiple Listing Service. Even as we continue to the seasonal slowdown, we seem poised to at least mirror last year’s sales figures, and can look forward to a healthier 2013.

This home at 203 Hillspoint Road is listed at $1,699,000. (CLICK TO ENLARGE) Photo courtesy of Coldwell Banker Riverside/ Westport Beach (+) Country Homes

This year’s closed sale figures are fairly consistent with last year at this time, but with two important changes.

The average listing price of sold homes year to date is $1,531,789 and the average sales price is $1,438,221, which represents a 94 percent sales price to list price ratio.

In 2011, the average listing price of the properties that sold during this same time period was almost $80,000 less at $1,450,443, with those homes selling on average at $1,359,376, or at 95 percent of their asking price.

Comings & Goings: Organic Mattresses to PRE

Healthy Choice Organic Mattresses has opened at 141 Post Road East in the space that was formerly occupied by 4@1 apparel shop that relocated to Sconset Square as Akram Women’s Apparel. Owned by David Spittal of Putnam Valley, N.Y., Healthy Choice Organic Mattresses also has locations in Danbury since 2009 and Mt. Kisco, N.Y. since 2010 and sells organic mattresses, adjustable beds and bedding accessories for adults, children, babies and even pets. Spittal, who said he’s been in the mattress business for 25 years, said all his mattresses are American-made and all are made with natural latex, wool and cotton. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Making Progress on Post Road East

A truss was installed in the construction of the new business facility at 100 Post Road East today which will be the home of two new retailers, Steven Alan and Paper Source. It is adjacent to the Old Town Hall at 90 Post Road East which houses Spruce Home and Garden and a financial firm and soon will feature the Old Town Hall Restaurant on the lower level. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com