LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
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GREENWICH, CT—In what the brokerage firm says is the highest waterfront residential sale so far in 2021 in Greenwich, Houlihan Lawrence reports that a more than five-acre complex at 23 Smith Road has sold for $27.75 million.
Houlihan Lawrence’s Sally Maloney was the exclusive listing agent for the property on a private road in the Belle Haven peninsula section of Greenwich that features 681 feet of shoreline on the Greenwich Harbor.
The 1939 residence was designed by 20th-century architects, Henry O. Chapman, Jr. and Harold Beder, and was the original home of banker and lumber executive Oliver D. Mead. The residence, which was renovated and expanded to more than 8,100 square feet, showcases interiors designed by interior designers Cullman and Kravis of New York. There are panoramic water views from most main floor rooms, many of which open to a wraparound waterfront terrace with fireplace.
The formal living and dining rooms, library, Great Room with built-ins, coffered ceiling, and four-season radiant-heated solarium, were designed by John Murray and all feature wood-burning fireplaces. The family room/casual dining area is walled with windows that adjoin a gourmet custom kitchen centered by two granite islands. The main floor has a powder room and full bath.
There are seven bedrooms served by eight baths, including a primary suite with fireplace, his and her baths, and walk-in custom closet; a private suite suitable for guests and a children’s bunk room with built-ins. There is also a rooftop Captain’s Walk with vistas of Indian Harbor Yacht Club and across Long Island Sound.
“Greenwich’s 32 miles of coastline continues to captivate the attention of today’s luxury buyers… Houlihan Lawrence proudly marketed this bespoke home to a local, regional, national, and international audience,” said David H. Haffenreffer, Brokerage Manager for Houlihan Lawrence’s Greenwich office.
Houlihan Lawrence, founded in Bronxville, in 1888, currently has 30 offices and more than 1,300 agents serving Westchester, Putnam, Dutchess, Columbia, Ulster and Orange counties in New York and Fairfield County in Connecticut.
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