Testing Old Greenwich price levels

16 Benjamin Street was new construction when it sold in 2006 for $4.365 million, which far outdistanced the previous record for that street of $2.863 mil. Now the buyers have put it up for sale again, this time for $4.395 million. I appreciate their restraint, but I suspect that 2006 saw the high water mark for prices for the time being. In which case, this one will struggle. We’ll see.