Gloria Swanson’s New Jersey Mansion Offers 75% Price Cut to $10 Million

The eight-bedroom, 14-bath home was designed to resemble an Italian villa in the Renaissance Revival style with three-story towers on each end of the building. 

Photo credit: Signature Realty        Source: thegloriacrestestate.com

Gloria Swanson

ENGLEWOOD, NJ -- According to TopTenRealEstateDeals.com,

Joseph P. Kennedy, Sr. was well known for his wealth, business smarts, politics, patriarch of America’s “Royal” family, JFK’s father, and his womanizing.

Joseph P. Kennedy Sr.

It was during his business dealings with the Hollywood film studios that he entered into an affair with film-star Gloria Swanson, for whom he bought this stunning New Jersey mansion, Gloria Crest.

Count Stefan Poniatowski

 Having been placed on the market several times with no takers, it is now back with an almost 75% discount - listed at $9.9 million.

                    Brooke Shields

As the son of an Irish farmer, who immigrated to the United States to escape the famine in Ireland, Kennedy grew up as an Irish-Catholic outsider on the streets of Boston.

Sara Jessica Parker

 He struggled to get a job in finance where he was shunned and picked over in favor of less-skilled Protestants. But make it he did and through his Wall Street stock smarts, buying and flipping Hollywood film studios and impressive real estate collection, Kennedy acquired massive wealth. 

President Franklin Delano Roosevelt

He was a multimillionaire by the age of 40 and by 1938 was the first head of the Securities and Exchange Commission. A good friend of President Franklin Roosevelt, Kennedy was appointed Ambassador to England in 1938. 

Upton Sinclair

It was while he was investing in films and diversifying his investments into Hollywood movie studios that he met silent-screen star Swanson and began a heavily publicized affair with her that lasted for three years. 

Anne Morrow Lindbergh

During that time he bought this New Jersey mansion for her so that he could see her without having to travel to the West Coast.

David Cassidy

Built in 1926 by Count Stefan Poniatowski, heir to the Polish throne and silk manufacturer, the eight-bedroom, fourteen-bath home was designed to resemble an Italian villa in the Renaissance Revival style with three-story towers on each end of the building.

Malcom Forbes

Encompassing 24,000 square feet on five acres of land, the home stood out in the well-to-do community and was often referred to as the White House of Englewood.

Michelle Pais

Totally private and gated, the grounds are surrounded by a 10-foot wall with large expanses of lawn, mature trees and plantings, a lake with waterfall and cabana, an orchard and an infinity pool and spa surrounded by terraces for entertaining.

There is also an eight-car garage and plenty of guest parking. The entry opens to a grand marble foyer with double staircases leading to the next level.

There are multiple living rooms, one with a stone fireplace, formal dining, a large chef’s kitchen with floating island, impressive stained-glass ceiling, dining area and arches that open to the terrace.

The three-room master suite has a sitting area and fireplace, a bath with marble soaking tub and separate shower. Additional amenities include a home theater, private gym, and a home office.

With its prestige and proximity to Manhattan, Englewood has been home to authors Upton Sinclair and Anne Morrow Lindbergh, actor and musician David Cassidy, Forbes publisher Malcom Forbes and actresses Sara Jessica Parker and Brooke Shields.

The listing agent is Michelle Pais of Signature Realty, Westfield, New Jersey.

CONTACT:

Genelle C. Brown

Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504
Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

JLL announces $15.2 million sale of Ashley Plaza retail center adjacent to Seymour Johnson Air Force Base in Goldsboro, NC

CHARLOTTE, NC – JLL announced it has closed the $15.2 million sale of Ashley Plaza, a 160,356-square-foot super regional retail center in the central North Carolina community of Goldsboro.

JLL marketed the property on behalf of the seller, RCG Ventures LLC. Medalist Diversified REIT Inc. purchased the asset.

Ashley Plaza is 98% occupied and anchored by Hobby Lobby, Planet Fitness, Ashley HomeStore and Harbor Freight Tools. 

The center is also home to several other regional and local tenants, including Shoe Show, Chuck E. Cheese and Smart Repair Center, and was renovated last year to modernize the look and feel of the asset. 

Thomas Kolarczyk

Situated on 15.49 acres at 201 North Berkeley Boulevard, Ashley Plaza is positioned in the main retail corridor in Goldsboro, which is about 54 miles east of Raleigh. 

It’s location at the corner of North Berkeley Boulevard and East Ash Street exposes the center to more than 34,000 vehicles per day, and the center has regional and limited retail competition within a 30-minute drive. 

Ashley Plaza is adjacent to Seymour Johnson Air Force Base, which is home to approximately 12,000 active-duty military members, their families and other supporting personnel.

The JLL Retail Capital Markets team representing the seller was led by Director Thomas Kolarczyk and Senior Managing Director Jim Hamilton.

Jim Hamilton.

“Ashley Plaza is a great example of retail reinvented in today’s evolving retail landscape,” Kolarczyk said. 

“RCG Ventures did a tremendous job repositioning this center with in-demand retailers on long-term leases. Medalist Diversified REIT Inc. will benefit from stable cash flow and adds an excellent asset to their growing portfolio.”

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.

  

Contact:

 Kimberly Steele

 JLL Digital Content/PR Specialist

Phone: +1 713 852 3420

Email: kimberly.steele@am.jll.com

 rcgventures.com 

 medalistreit.com