Monthly Archives: November 2009
Mr. Borrower, your colostomy is irreversible
False hope, rather than hearing the truth and getting on with one’s life, leaves patients unhappier. There are so many houses out there now worth, say, $1.6 million but owing $2.1 and the borrowers are stuck. You call their broker … Continue reading
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What recession?
On the other hand, if this is really where Santa does his shopping, it’s another good reason to move to Texas. If they only had snow and mountains …. … Continue reading
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When golf clubs are outlawed, only angry wives will have clubs
This makes more sense than the earlier stories: Tiger’s facial injuries were caused by a three wood swung by the mother of his children. “Fore” play jokes may now begin. UPDATE: Pulled up in OG sends along this Aussie lede showing … Continue reading
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More statistics
In the history of the world (well, Greenwich MLS records going back ten years), 17 condominiums priced at $3,500,000 and above have sold, total. There are presently 12 condos for sale in that price range, and that number does not … Continue reading
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Pending contracts and assessments
On a lark, I pulled the 9 lowest and 9 highest properties of the 50 Greenwich single family homes currently under contract (leaving 603 still for sale and more, presumably, coming on in January). It seems to me that many of … Continue reading
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Old Media is dying because it won’t report news
Which at one time was its reason for being. Now, not so much. What Story? [Mark Steyn] Michael Gerson has lousy timing. In The Washington Post, in one of those now familiar elegies for old media, he writes: And the whole system … Continue reading
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I hope that I will never see, a MacMansion stopped because of trees
The NYT reports that Greenwich tree huggers are back at work, trying to regulate homeowners’ unregulated right to whack down trees. “In the past, you would hear people talking about losing their rights as homeowners, but with all the clear-cutting … Continue reading
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Oysterman’s kid makes it big: Greenwich Time columnist!
Greenwich Time has hired my friend Bob Horton to write a weekly column on town issues, and it’s about time. I adore Bernie Yudain and enjoy his tales of Greenwich of ninety years ago, but the paper can use … Continue reading
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Ah, it’s the day after Thanksgiving and the airwaves are filled with tales of disfunctional families.
Four relatives shot dead at Thanksgiving celebration. Some party.
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Tiger Woods seriously injured
Hit a fire hydrant and then a tree outside his home “early this morning”. I hate to say it, but early morning car accidents this time of year more often involve alcohol than turkey stuffing. I hope he’s okay – he’s … Continue reading
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Real estate board closed today
No exciting news forthcoming so I’m off to buy a huge plasma TV and a half-price Nintendo at Stamford Bloomingdale’s. Back by noon.
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Will the last one out turn off the lights in the MacMansion?
Cos Cobber sends along this delightful link to a story about hedge funders contemplating decamping England for Switzerland or Asia to escape pending regulations and punitive taxes. It is precisely this possibility that has Pelosi et als caling for a new … Continue reading
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Canadian Loonies
They’re camping out to buy (and flip) condo units up north and, I’m told, it’s cold up north of the border, eh? BusinessInsider sums it up perfectly: “Mortimer, we’re back!”
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And speaking of fools and money, did the Hamilton Avenue crew build the new courthouse?
The Stamford Superior Court House, completed in 2002, is leaking and falling apart. Turns out that the state hired a Mafia-controlled contractor, long since out of business, to do the work. No surprise there – Connecticut is an Italian state and … Continue reading
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Fools and their money
The post-Thanksgiving shopping frenzy is apparently still on this year despite the recession. Fine; God bless them, and may their consumer dollars enrich state tax coffers. But the idiocy of these people is astonishing. From the article linked to comes this … Continue reading
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Expired in Havemeyer
This Havemeyer modular on Nimitz Place nicely illustrates the rise and fall of prices there over the past five years. It was built on a quarter-acre that was listed for $799,000 in 2004 and sold in four days for $875,000. I don’t … Continue reading
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Will Gary Rosenbach be moving to Round Hill Road?
Mr. Rosenbach, a founder of Galleon Group with Raj Rajaratnam, is seemingly implicated in the insider trading case brought against Raj. There had been speculation that Rosenbach had avoided Raj’s fate by becoming a cooperating witness but now wire … Continue reading
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Starve the poor, feed the fevered
Soup kitchens forced to toss out food violating Mayor Mike’s no trans fat rule. When a small church comes to the Bowery Mission bearing fried chicken with trans fat, unwittingly breaking the law, they’re told “thank you.” Then workers quietly … Continue reading
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Iran nuke inquiry at a “dead-end”
U.N. inspector is disappointed. No doubt our own president, if this is brought to his attention while he travels to Oslo, will express his concern. And so it goes.
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Taken out of context
Merrill Lynch: Henry Blodget’s emails were” taken out of context.” Result: Henry Blodget banned from securities industry for life, Merrill settled. UBS: Those emails were taken out of context. Result: settlement. Enron: Emails were taken out of context. Result: I … Continue reading
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