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Through The Keyhole November 5, 2006

Posted by Geri in Buying a Home, Entertainment, Estates, Home, In The News, Long Island, New York, Real Estate, Selling Your Home, Uncategorized.
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An endlessly entertaining voyeuristic activity is taking a peek into the lives of the rich and famous.  There is a huge chasm between those who count their pennies,  saving up to buy a little piece of the American dream and the moneyed minority trading acreage for numbers that boggle the mind of the masses.  The players in this week’s multimillion dollar game are:

The Dolan family which controls Cablevision, Madison Square Garden, The New York Knicks and Rangers having listed a 10,000 square foot, waterfront home in Centre Island for $13.5 million.  If the price seems steep, think of what you get — a visually stunning newly constructed home (2005) with 7 bedrooms, 7 full and 2 half baths and 7 fireplaces on over 6 acres.  Spellbinding views framed by a charming gazebo add to the ambiance of an already abundantly appointed home.

On the other end of the spectrum is the famous Connecticut plastic surgeon who plead guilty to tax evasion.  His $15.5 million waterfront home is in tony Wesport Connecticut.

For more of the story on these and film producer Brian Grazer’s home in Los Angeles, take a look at this article.

Down Market — What Down Market? October 9, 2006

Posted by Geri in Billy Joel, Changing Market, Entertainment, Estates, General, Home, Long Island, New York, Real Estate, Real Estate Market, Selling Your Home.
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All the doom and gloom predicted for the Long Island real estate market seems to have had little impact on the proposed sale of Billy Joel’s Centre Island waterfront estate.  What do you get for the $37.5 million dollar asking price?  If the 14,000 square foot, 5 bedroom home with eight fireplaces, a guest cottage, bowling alley, wine cellar and pool don’t tempt you, perhaps it’s location on 14.2 acres of prime property hugging the shore at Oyster Bay Harbor will cause your heart to flutter and have you reaching for your wallet.  

Not there yet?  There’s always the added cachet of owning the home of a star — and one of Long Island’s own.  But before you put the agent’s phone number on speed dial you might want to consider that even Billy Joel couldn’t build a dock on his property, though he made a valiant effort.   As a national wildlife refuge, no new piers have been approved on these waters for a very long time.

If you get past the inconvenience of having to dock your boat(s) elsewhere, you just might find a little homestead you could love.