Yorktown, NY
Real Estate
Mohegan Lake Complex Sells For $54M Mohegan Lake Complex Sells For $54M
Mohegan Lake Complex Sells For $54M The Landing at Mohegan Lake has sold to Ginsburg Development for $54 million. The company announced the acquisition Tuesday of the 207-unit lakefront community, which features one and two-bedroom apartments. Ginsburg acquired the property from New Chalet Apartments. The apartments range in size from 712 to 1,215 square feet and rent from $1,860 to $2,595 per month. Ginsburg said it plans to modernize existing amenities and add more amenity space including a children’s playground, gazebo/BBQ area on the lake and lakeside clubhouse. The existing fitness club, swimming pool, and landscaping w…

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by Sam Barron
Fairfield, CT
Politics
Murphy: Tax Reform Will Have 'Drastic' Effect On Many In Fairfield County Murphy: Tax Reform Will Have 'Drastic' Effect On Many In Fairfield County
Murphy: Tax Reform Will Have 'Drastic' Effect On Many In Fairfield County FAIRFIELD, Conn. — U.S. Sen. Chris Murphy met with real estate agents and homeowners in Fairfield on Friday, telling them the new federal tax law will have a “drastic” effect on Connecticut, particularly in Fairfield County. Amid warnings from economists that the law will limit mortgage and property tax deductions and cause home values to drop, Murphy said he wanted to hear from those who know the state’s real estate market best. “It’s a tax increase for tens of thousands” of working people across Connecticut, said Murphy, who spoke with constituents at the offices of the Berkshire Hathawa…

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by Meredith Guinness
Eastchester, NY
Real Estate
New York Times Tabs Tuckahoe A 'Growing Village' New York Times Tabs Tuckahoe A 'Growing Village'
New York Times Tabs Tuckahoe A 'Growing Village' TUCKAHOE, N.Y. -- The Village of Tuckahoe is getting its moment in the spotlight. The New York Times recently profiled Tuckahoe, highlighting its affordability and development. Tuckahoe is a mix of people who have lived there their whole lives and younger people attracted to its small town feel and proximity to the city, according to the Times. Marbledale Avenue, which was home to industrial sites, is getting a facelift with a 19-unit luxury condominium complex and a 153-room Marriot. Tuckahoe has about 700 single-family houses, 550 condo units in eight complexes; 300 co-op apartments in f…

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by Sam Barron