Sunday, October 18, 2026

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Real Estate

Seven Riverside Ave. Buildings Sold Again, This Time for $54 Million

Seven landmark office buildings on Westport’s Riverside Avenue that once housed Marketing Corp. of America have changed hands again, this time for $54 million, a 46 percent jump in price over the last sale two years ago.mca06160302260.jpg
Sold again: seven Riverside Avenue office buildings sold for $54 millioin. WestportNow.com file photo

A filing in the Town Clerk’s office showed the seller as Normandy Realty Partners of Morristown, N.J. and Lexham Private Investors of Stamford, Conn., and the buyer as New York-based Riverside Office 285 & 355, LLC and Riverside Office 321-329, LLC.

The seven-building office complex includes 285 Riverside Ave.; 321-329 Riverside Ave., which consist of five buildings; and 355 Riverside Ave. The complex totals 145,190 square feet of space and was originally constructed from 1981 to 1986.

New York-based pension fund TIAA Realty Inc., sold the properties to Normandy Realty Partners and Lexham Private Investors in April 2003 for $37 million. (See WestportNow June 15, 2003)

Westport Property Transfers April 11-15, 2005

Property transfers as reported by the Westport Town Clerk’s office for the period April 11-15, 2005:

Kerry J. and Sean Wagner to Rosalyn Levine Pomeraniec, 8 St. John Place, $680,000WN property.jpg

Jennifer E. and Eileen S. Mendez to AA Rich Partners, 72 Mills St., $625,000

Antonia Prentice to Mira Safian, 17� Hale St., $570,000

Giancarla and Thomas Truitt to Andrew M. Fuller, 35 Washington Ave., $780,000

Westport Fire Tests Water Tankers; May Lower Homeowner Insurance

Many of Westport’s homes north of the Merritt Parkway are not near fire hydrants and in emergencies, the Westport Fire Department has to rely on water tankers, pools, or nearby streams to draw water. As a result, homeowners in these areas pay higher insurance rates.

On Sunday, the department hopes to do something that might help lower the rates it will conduct a test of tanker shuttle operations.

The drill will take place between 8 a.m. and noon at Bedford Middle School and Coleytown Middle School and involve fire apparatus, eight water tankers, and firefighters from 13 neighboring communities in Fairfield County and Vista, N.Y.

The department advises area residents to use caution on roads between the schools during the test as tankers will be moving between the test locations continuously that morning.

Westport Property Transfers April 4-8, 2005

Property transfers as reported by the Westport Town Clerk’s office for the period April 4-8, 2005:

House Whisperers LLC to Jacquelyn T. Richardson, 3 Old Mill Road, $1,680,000WN property.jpg

Jerzy Bartek Witke to Daniel Schine, 10 Northgate Lane, $628,000

Nicholas Zinzi to Joyce C. Gentilozzi, 14C Cross Highway, $460,000

Thomas J. and Maryanne E. Murphy to Joshua W. and Nicole J. Witkin, 4 Ivanhoe Ave., $830,000

Bruce D. and Diana Treitler to Laura Agostini, 104 North Ave., $1,079,000

No Delay Sought in Record $14.6 Million Teardown

100beachside04130501.jpg
The Westport Historic District Commission Tuesday night decided not to request a delay in approval of a demolition permit for 100-102 Beachside Ave. The property sold last month for $14.6 million the most expensive residential property ever sold in Westport. (See WestportNow March 30, 2005) A representative of the owner said about 80 percent of the 1929 main house will be demolished while two pink structures at the entrance that can be seen from the street will not be altered. (CLICK TO ENLARGE ) WestportNow.com photo