A real Halloween treat was in store for buyers Sunday (at least those with millions to spend) when the listing agent for the Syosset house of Grammy Award-winning singer Alicia Keys held an open house. The 2.2-acre, 9,000-square-foot manse with six bedrooms, six bathrooms and two half-bathrooms went on the market in June for $3.85 million. It is now being offered for $3.25 million. Keys, who recently gave birth to her first child, Egypt Daoud Dean, with her music producer husband, Swizz Beatz, purchased the home in 2005 for $3.875 million through a corporation. Alexis Siegel of CORE Long Island is handling the listing. Keys recently extended her contract with the firm.- CATHY MAHON
GRACE FOR SALE
The price for an Old Westbury estate that once belonged to the family of the late commercial shipping magnate Michael P. Grace has been reduced by more than half a million dollars. Now priced at $3.968 million, the 11-room Colonial has five bedrooms and 51/2 bathrooms, including a master suite with its own elevator and a main-level guest suite with a private courtyard. The home has four fireplaces. "The incredible thing about it is it has very high 10- to 11-foot ceilings, which, for its day, is remarkable," says co-listing agent Aileen Murstein of Coldwell Banker Residential. "The other wonderful thing about it is they flew in wood from a library in London, and the original panels of the library are there with etching on the wood. That's in the den." Murstein and co-listing agent Mollie Grossman of Prudential Douglas Elliman Real Estate originally listed the property in May for $4.498 million. - KRISTIN TAVEIRA
Architects Rhea White and Steve Schappacher have placed their restored fisherman's cottage on Shelter Island on the market for $1.25 million. They renovated the home using reclaimed materials such as subway tiles and vintage bricks while adding modern touches like custom cabinetry and a gourmet kitchen. The 1,200-square-foot, two-bedroom, two-bath dwelling was built around 1904. It now has a heated pool with a 300-square-foot cabana, a bar and two lounging areas. The .75-acre property is a block from the harbor. The interior is decorated in black and white, and was recently featured in Cottage Living.
Penelope Moore of The Corcoran Group has the listing. - LAURA MANN