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Mansion Global Even if They’ve ‘Moved’ to Florida, Many Are Keeping a Toehold in Greenwich, Developer Says Connecticut-based Steve Schacter talks about the boom in demand for suburban living, the local rental market and what tenants expect from a luxury building By Beckie Strum | Save Composite: The Mill Owners Company Sometimes, it’s better to be lucky than good, said Greenwich, Connecticut-based developer Steve Schacter. He’s not a gambling man, but business has been feeling pretty felicitous of late. Mr. Schacter and his business partner in The Mill Owners Company, Eric Schwartz, have entered their first foray into residential real estate in the middle of a sudden, rip-roaring boom market across New York City’s affluent suburbs. ....
Mansion Global More Mansion Global Daily: Palm Beach s Growing Popularity, Swedish Home Prices Expected to Rise in the Coming Year, and More Mansion Global’s daily round-up of the latest luxury real estate news from around the world By Mansion Global Staff | Originally Published On May 10, 2021 | Mansion Global Save BY THE NUMBERS THE INSIDERS NEWS BITES Mansion in Bellevue Hill, Sydney, Sells for Record A$26 Million A three-level mansion that was built in 1990 in Bellevue Hill, a harborside suburb of Sydney, for real estate mogul Spencer Simmons has changed hands for close to A$26 million (US$20.44 million), a record price for the area. Mr. Simmons, founder of real estate agency Laing + Simmons, purchased two adjoining properties in the mid-1980s and combined them into a 19,375-square-foot mansion in 1990. The Simmons family sold it in 1992 for A$3.85 million, ....