Monthly Archives: September 2008

Taking the High Ground I have been accused of stupidity by a liberal commentator and, while I’m cut to the quick by his resort to such mean-spirited name calling, I stand abashed. I have failed to appreciate his allies’ use … Continue reading →

My friend Claudette at Greenwich Diva is a bit dissatisfied with the Republican ticket and, sadly, has threatened to leave us should it be elected: “If McCain should win, I will leave my adopted country that I have come to … Continue reading →

Can’t we find a candidate who can think on his (or her) feet?So I spent a few minutes listening to the debate last night (a crashing bore, I’d say) and heard Obama droning on and on about McCain’s lack of … Continue reading →

Nancy of Arabia Bail out bill swells from 3 pages to 147 and still growing. How large will the bill be after this weekend? Hell if I know, but I’d guess 350 pages. The Democrats, seeing their opportunity, are larding … Continue reading →

Greenwich Time has a more complete story this morning on yesterday’s foreclosure auction on Dwight Lane.I’m glad, for the neighbors’ sake, that someone is finally going to fix up this eyesore but I do wish the new owners good luck … Continue reading →

The Bad News Gazette Weekly roundupWell, 6 single family houses went to contract this week, compared to, say, 10 per day in a normal September market. Top (asking) price was $3.995 million, the rest dropped rapidly from there -1 above … Continue reading →

Fun at the foreclosure sale (Missed the actual buyers because I can’t seem to use my iPhone – what a dummy)IRS auctioneer (in blue suit) Crowd of non-buyers disperses, counting its blessings.

21 DesireeIntriguing?This perfectly nice house has sat unwanted since May 2005. Priced as high as (here’s a case where raising the price definitely did not help) $5.950, it was lowered today to $4.995. That might do it, but I wish … Continue reading →

Utube on the housing bustGreenwich Roundup readers might benefit from watching it.

My pal Brian over at Greenwich Roundup shore can’t spell but he is nice enough to link to this blog from time to time; I wish he’d read it, too. If he did, he wouldn’t post things like this: Earlier … Continue reading →

Can you hang on for a few years? I promise I’ll get back to you.98% of commercial real estate professionals are bearish on the market and most, 62% don’t see the market stabilizing before 2010 – another 22% see 2011 … Continue reading →

James Lileks as usual, posts a pretty good summary of the current mess in Washington and Wall Street: I’m of two minds on the bailout – reasonable people object, but on the other hand, let’s not just wreck everything today … Continue reading →

25 BirchwoodIf at first you don’t succeed…This house has finally gone to contract, price unspecified. It came on last year at $4.188 million and then yo-yo’d (yoyoed? I have no idea how do spell yo yo in the past tense) … Continue reading →

Okay, we can call off the financial crisis7 Dwight Lane did find someone willing to meet the minimum bid of $2.5 million. This wasn’t exactly what the IRS representative told me and a few other amused skeptics last month, when … Continue reading →

Look out below! Realogy and its credit woesAccording to The New York Times, Dozens of other companies are being closely watched for signs of trouble, according to Mr. Penniman. Among those he cited whose debt showed distress were Sbarro, the … Continue reading →

Mr. Sanity to the rescue?Picking up on my brother Gideon’s observation that there are plenty of buyers out there but their offers are being rejected as “crazy” by sellers, I suggest to sellers that the market is, with the exception … Continue reading →

7 Dwight LaneOne story that GT has posted today (a month after this blog reported on it, with pictures) is the IRS auction to be held at noon up on Dwight Lane. The auctioneer claims it will sell way beyond … Continue reading →

“Hey, where’re ya goin’?”Police officer of the monthAnother story that Greenwich Time refuses to share with its on line readers is the announcement of a patrolman’s selection as “officer of the month”, a distinction earned by his alert response to … Continue reading →

45 Upland DriveWhy I don’t bother with Greenwich Time’s real estate reportingIn today’s edition of our local paper Susan Nova writes about “a magnificent mansion” that’s for sale on Upland Drive (no link, because the paper hasn’t put Nova’s column … Continue reading →

Stop, look and listenI almost hit three Greenwich Academy girls this morning – my fault – I saw them walking parallel to the road, took my eyes off the road for a second and they were suddenly in the crosswalk. … Continue reading →