Boroughs & Burbs #38 Super-Lux Condos at $2500 psf Selling in New Canaan and Westport. Who's Buying?


Manage episode 318804483 series 2814073
By John Engel and Roberto Cabrera, John Engel, and Roberto Cabrera. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In Fairfield County, Connecticut the builders are betting big on LUXURY condos. The biggest and best of them are Selling For Record Prices, Topping out at $2500 per square foot. Who is Buying, Why and Will The Party Continue?
The Mill Westport, by Coastal Construction, are 30 luxury residences starting at $1,655,000.
Bankside House, along the Saugatuck River in Westport, is being built by David Waldman
For the first time Ultra-Luxury condominiums are selling across Fairfield County for more than $1000 per square foot. They range from townhouse to apartment designs and they're going up in Greenwich, Westport, New Canaan, Darien and Rowayton. Let's ask the experts who are building, listing and selling the ultra-luxury product:
Rita Kirby and Bonnie Sztam from WPSIR will discuss their $3+ million sales on Forest St. and at The Gramercy in New Canaan.
Bettina Hegel from Brown Harris Stevens willl talk about $3 million+ sales at The Vue in New Canaan.
Kim Harizman from Compass is representing David Waldman's modern waterfront bet on the Saugatuck River in Westport, Bankside House
Joe Feinleib from Coastal Construction will be on hand to speak about the luxury condos he's building at The Mill Westport.
Paul Stone & Arnold Karp can explain why they chose certain amenities at The Vue in New Canaan (but did not build a pool)
Who is the buyer? What is the profile of the high-end condo buyer in Fairfield County?
What are the features, location, amenities that these buyers require?
Is this a long-term trend or response to Covid?
What have been the development challenges? Are some towns more difficult?
Rita Kirby pf WPSIR
Bonnie Sztam of WPSIR
Kim Harizman of Compass
Arnold Karp of The Vue
David Waldman of Bankside House
Bettina Hegel of Brown Harris Stevens
Rita Kirby pf WPSIR
Joe Feinlieb of The Mill Westport
Meeting ID:
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Thursday, January 27 from 4:00-5:00pm
Roberto Cabrera - With 20 years of experience, I have been recognized throughout the industry for achieving outstanding results: Ranked nationally by REAL Trends as one of "America's Best Real Estate Agents” for avg. sales price of $4.350M. Sold a single family Townhouse faster than any other on the Upper West Side over $10M. I live with my wife and daughter on the Upper West Side, the neighborhood I have called home for the past 23 years. I was originally born in Richmond, Virginia and grew up in Maryland, just one mile south of the Mason Dixon line. After graduating with a degree in Mathematical Economics from Hampden-Sydney College, the 10th oldest school in the country, I spent 5 years in Washington, DC working as a financial consultant. I also studied at The National Conservatory of Dramatic Arts and I’m a former actor who once moonlighted as a stand-up comedian.
John Engel - John Engel is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the 2019 Realtor of the Year Award in New Canaan. Before going into real estate he was the founder of two successful internet businesses, and e-Media for which he won the prestigious Entrepreneur of the Year Award. John grew up in New Canaan before attending Davidson College. After graduating, he served as an officer in the U.S. Army and spent some time leading a military intelligence platoon on the front lines of the first Gulf War. He currently lives in New Canaan with his wife Melissa and four children. In addition to hosting this podcast on the market each week, John Engel produces an easy-to-understand and in-depth monthly market analysis called the Market Report for the 16 towns of lower Fairfield County. You can find it at www.

79 episodes