High-End Homes for Bedford

While the market for new construction nationally is in a definite slump, tomorrow's New York Times reports on two new developments in the Bedford area. The Stone Manors at Twin Lakes (right) is a development of 17 homes being built by Tri-County Development on Pine Brook Road. The homes will be from 8,000 to 10,500 square feet and prices will start at $4.25 million. Another article reports that Donald Trump is moving ahead with plans to build "mansions" on 213 acres in Bedford. Meanwhile, Trump has pulled the plug on a plan to build homes in North Castle, citing the town's "anti-development" stance. That mirrors what occurred in Yorktown a year or two ago, when Trump gave up on plans for a golf course community on Baldwin Road due to the town's resistance. He later donated the 154 acres of land to the state, which dutifully dubbed it The Donald J. Trump State Park.
Sources: Betting on High-End Home Buyers (NYT), Trump Drops North Castle Development (NYT), Photo: New York Times