All four active listings at Greenwich Landing, the Byram River condo project that never went anywhere (I’ll have to check, but I’m not sure they ever sold even one unit) were withdrawn from the market today. Prelude to a foreclosure? Shifting to another agent? Developers planning to live in them themselves? Anything’s possible, but I suspect foreclosure.
UPDATE: 2 (out of 20) units went to contract October 9th (listing broker’s own clients) but I doubt those will close. Among other problems, can you see a lender making a loan on a vacant condo project?
July 2006 Greenwich Time article about new project…
“turning what was once an industrial site for oil storage tanks on the Byram River into luxury waterfront condos with a marina and a boardwalk.”
Gee, that would make ME want to buy 2!!
Why settle for just 2, BackCountry, when you can buy 20, and probably for the original price of two!
And I can just siphon oil from the tainted ground to heat all twenty. Such a deal.
Here’s a link to the entire article I found.
http://www.greenwichlanding.com/press/20060721.html
I am fairly certain there are only 6 developed units. They have approvals for more units, but those were never constructed.
Wow – that’s not so good, eh? Six vacant units in the middle of an abandoned construction zone? I smell moderate income housing!
What strikes me as odd is the official website for this project (http://www.greenwichlanding.com/) has no actual photos. Renderings and the like. The only photos I could find are on the website for the listing agent. The Virtual Tour link is virtually absent.
Funny typo on the official website: click the tab Amenities and you’ll find the heading Amentities. I didn’t know it was THAT kind of place!!
Only 6 were constructed, and there are approvals for another 12 units. No units were sold, however all experienced extensive price reductions. Their lender was shopping the project heavily to New York and Massachusetts investors. The Greenwich people who knew about the sale, from what I saw, all picked it up second-hand from the hopefully more gullible foreigners
Do they have nice views of Costco and Loews’ Theatre? If so, I’m there!
They’re pretty nice, Costco view notwithstanding. If they come back on at, say, $350,000 Id think they would sell well.
They are lovely, albeit crappy location, crappy view, abandoned industrial building on one side and a dirt lot on the other, I could not even get clients interested in renting them. The location is too off putting. Makes you wonder what builders were thinking-were builders thinking?