The building at Westport’s 580 Riverside Ave. was demolished today. Built in 1929, the 3,100-square foot building is part of the development plan for the expanding Saugatuck Center. Former tenants include Westport Florist, and a beauty salon. The property, adjacent to the former Doc’s Cafe which was demolished on Monday, is owned by William Gault and is part of the Saugatuck Center development project which includes a mix of retail space and residences. It was the WestportNow Teardown of the Day on March 12, 2007. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
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Going Down: 173 Cross Highway
The house at 173 Cross Highway was demolished today. Built in 1800, the two-story colonial had 2,229 square feet, was situated on a 2.41-acre property and changed ownership in May 2010 for $1,225,000. It was the WestportNow Teardown of the Day on June 24, 2010. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Going Down: Doc’s Café
The property at Westport’s 570 Riverside Ave., formerly occupied by Doc’s Café, was demolished today. The property, owned by William Gault, will be part of a Saugatuck Center development project approved by the Planning and Zoning Commission in 2008. The plan calls for a mix of retail space and residences. The commercially-zoned property built in 1954 had 1,950 square feet and was situated on a half-acre lot. It was the WestportNow Teardown of the Day on Jan. 7, 2009. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Westport Property Transfers April 16 – 20, 2012
Westport property transfers as reported by the Town Clerk’s office for the period April 16 - 20, 2012:
George S. and Anne R. Morris to David P. Russell and Natasha M. Lipcan, 28 Dogwood Lane, $1,685,000
Richard Schnell / David Schnell to Adam C. Shaw and Christine Rice, 82 Clinton Ave., $630,000
Clinton B. Taylor Est. to William C. Rippe, 17 Bayberry Lane, $887,500
Clinton B. Taylor Est. to Laure Sudreau-Rippe Trust, 19 Bayberry Lane, $887,500
Comings and Goings: Janie and Jack Closes
Westport’s Main Street has lost another retailer with the closing of the Janie and Jack children’s apparel shop at 51 Main St.. A sign in the window requests that customers visit them at their other two Fairfield County locations—Greenwich Ave, Greenwich and Danbury Fair Mall, Danbury. Other Janie and Jack locations in Connecticut are in West Hartford and Farmington. The Gymboree Corp., a California-based company, is a specialty retailer operating stores selling high-quality apparel and accessories for children under the Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 brands, as well as play programs for children under the Gymboree Play and Music brand, and women’s clothing and accessories under the Shade brand. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Terrain: Rush to Open on May 9
Work was going on at high speed today at Terrain Westport aiming at a May 9 opening before Mother’s Day. The new Urban Outfitters Inc.-owned shop for eco-friendly growing supplies, home and garden décor, furniture, as well as locally sourced and prepared artisan foods is located in the former Curran Cadillac space on Post Road East. The new store will employ about 75 people, according to Matt Horn, Terrain general manager. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Taking a Break
Terrain General Manager Matt Horn (l) and Creative Director Greg Lehmkuhl take a break from the set up activities today at the former Curran Cadillac space on Post Road East. The Urban Outfitters Inc.-store will open May 9. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
A Transformation for a Former Car Showroom Space
A photo sneak preview of Terrain Westport, the new Urban Outfitters Inc.-owned store opening May 9 in the former Curran Cadillac space on Post Road East. General Manager Matt Horn said the Westport store is only the second of its kind. “Our first is located in Glen Mills, Pa., in the Philadelphia area not far from the main offices of Urban Outfitters,” he said. Added Creative Director Greg Lehmkuhl: “There are no other stores like this anywhere. We blend the outside and inside. It’s for people who love gardening and nature.” Site contractor Jay Kowalsky, president of Westport’s Kowalsky Brothers, said more than 200 workers are involved in the rush to get ready for the opening. Dave Matlow for WestportNow.com
Going Down: 19 Sterling Drive
The house at Westport’s 19 Sterling Drive, in the Compo Beach area, was demolished today. Built in 1930, the 1 1/4-story cape had 1,338 square feet, was situated on a .11-acre property and changed ownership in April 2011 for $807,500 and resold last month for $760,000. In the past month Westport firefighters performed training maneuvers in the house. It was the WestportNow Teardown of the Day on July 14, 2011. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Real Estate Report: Westport is Hyperlocal
By Judy Szablak
The latest Case-Shiller home sales report is not all doom and gloom despite what you may have read.
This home at 22 Owenoke Park is listed at $4,995,000. (CLICK TO ENLARGE) Photo courtesy of Coldwell Banker Riverside/KMS Partners.
Although nine of the 20 cities measured in the index (including New York) hit new post-crisis lows, February’s losses were not as troublesome as those reported in January.
What has drawn some controversy is Robert Shiller’s statement, “I worry that we might not see a really major turnaround in our lifetimes.” Shiller is the co-creator of the Standard & Poor’s/Case-Shiller home price index.
Shiller made the statement in an acknowledgement of the current economic climate. The weak labor market, high gas prices, and a sense of uneasiness among consumers have appeared to outweigh the low mortgage rates. All this could very well dampen the real estate market for the foreseeable future.
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