Monthly Archives: March 2009
Take away his boater’s license!
Man busted for drunk driving on his bar stool.
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How’s that divorce settlement look now?
IB types in Britain are reviewing exactly how much they agreed to pay for the privilege of trading in the old battle axe in for a new one and aren’t happy. Here’s the sad story of one fellow whose wife of … Continue reading
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I’ll believe it when I see it
From an agent I choose to keep anonymous: I keep hearing reports of deals being done (contracts signed) but brokers afraid to report for fear of buyers walking away from their deposit! If true, one of these days we’re going … Continue reading
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What’s land worth now?
This tear-down was sold in 7 days via bidding war in 2000 – $1.395 on an asking price of $1.295. It’s back today, unchanged except for a plot plan, for $2.5 million. I don’t know what this will eventually sell … Continue reading
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Maher Avenue
This nifty old house was reduced to $2.495 million today, a price that should attract more buyers than did the original price of $3.175. While one house on Maher, #25, did sell for $3.505 in 2006, nothing before or since has … Continue reading
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You thought your house was obsolete – how much does an aircraft carrier cost?
US naval Institute report: Chinese have a ballistic missile capable of killing aircraft carriers. First posted on a Chinese blog viewed as credible by military analysts and then translated by the naval affairs blog Information Dissemination, a recent report provides … Continue reading
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136 Cat Rock
This unfortunate renovation project was performed on a house that sold for $1.4 million back in 2004 or 5. The builder/buyer spent hundreds of thousands of dollars building a new septic system and then turned his attention to the house … Continue reading
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God love foreign brokers
Heh – I was pulling up some old sales on a street of modest houses just now, in preparation to give a price opinion for a colleague’s listing presentation (my advice? Don’t bother) and I saw a string of sales, all the … Continue reading
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Oh dear, someone doesn’t like you, Walt!
Bloget has in interesting bit of email correspondence from an anonymous source who has mean things to say about Walter Noeland everyone else at Fairfield Greenwich Group. Sigh – can’t we all just get along?
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Dodd’s at it again – wants sweetheart deals for credit card deadbeats,too
Why should the senator from Connecticut be the only one to get easy credit from banks? Today he rammed through a bill easing credit card terms for consumers who can’t afford credit. This, of course,will drive rates up for everyone … Continue reading
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There’s at least one builder still buying
Or I think there is, anyway, because this Riverside house was reported under contract today by an agent who often represents builders. Despite the glowing description in its listing, I thought it was tired old place whose disappearance would only … Continue reading
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Open houses
Back from the Tuesday tour. It almost seems like a waste of time these days with so many houses grievously overpriced (an exception: 5 Kenilworth Terrace, asking $1.495. I did not see it but my brother Gideon, a good judge … Continue reading
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The wisdom of never paying full asking price
This cozy little beauty, 12,000 square feet and lots of amenities, was originally listed at $11.9 million in February 2005. It took a year and several price drops but it finally sold for $8 million in January ’06. Today it’s … Continue reading
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No surprise here
The Case-Shiller index is out: Nationwide, home prices fell 19% in January, a record. That’s hardly a shock and there is a bright side: the faster prices fall the sooner we’ll hit bottom (if , like me, you assume there is … Continue reading
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A toothless threat?
From this morning’s online edition of Greenwich Time: By Owner 75 Birch Ln. Ltd Time Opp. Custom Ctr Hall, Col., built in 2003 over 5000sqft, 4BR, 3 Full 2 1/2 BA, Cherry Lib., Designer kit., game Rm on LL, bonus … Continue reading
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But what happens when they run out of blood to squeeze?
Big Labor triumphs in New York. From a New York Post editorial: New York’s $132 billion budget, on course to be rubber-stamped to night, is an unbridled disaster for the state — but a big win for its public-employee unions … Continue reading
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Blumenthal in all his ignorant, arrogant bloom
I don’t know who the interviewer is who is mentioned in this story but he exposes Dick Blumenthal for exactly the toad that he is. Great job. Beck interviewed Connecticut Attorney General Richard Blumenthal on his March 30 broadcast. But, … Continue reading
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Judge freezes Noel assets
Attorney David Golub, representing the town of Fairfield as it seeks to recover the millions it lost with Madoff feeder fund Maxam of Darien (yes, the fund that was run by a women to “empower women and minorities” turned out … Continue reading
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The WSJ chats with Walt’s son in law
Andres Piedrahita sits down with a Journal reporter and denies knowing anything. He sold, got rich, and never questioned a thing. Smart guy, just like Corina’s dad. After graduating from B.U., Mr. Piedrahita knocked around New York working variously as … Continue reading
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