Daily Archives: January 31, 2012

Credit Suisse to cut 109 jobs in NYC. That may not sound like much but there are a lot of CS employees in Greenwich and I count several as friends and/or clients. As the recession deepens, the banks are looking beyond … Continue reading →

Islamists (Muslim Brotherhood – you know, the one liberals said were moderates?) block protest march in Cairo. And so it ends. Poor Egypt.

425 N. Maple has sold for $1.750 million, significantly below its first asking price of $3.125 million and less than what the town calculated to be 70% of its market value, $2.393. The source of that unfortunate result might be … Continue reading →

487 North Street, two lots combined as one, under contract. Only took since September.

The Donald wants to be buried on his golf course.

Condos refusing to let electric car owners recharge the batteries. Harsh bud, Dude.

Not enough data to explain why doctors are leaving Medicare. It’s bizarre: we keep cutting Medicare reimbursement to doctors yet they keep shedding those patients. Who can explain this?

A friend who has access to such stuff gave me a pound of Starbucks new “Blonde” bean so that I could decide for myself if it was as bad as I expected. It’s worse, bringing to mind Monty Python’s riff … Continue reading →

Back from open houses (open house, actually). Nice place, although I’m pretty the buyer I had in mind for it won’t like its architecture or the layout of the kitchen/family area. I noticed a water stain on a section of … Continue reading →

26 Nimitz, over in Havemeyer, failed to sell at the height of the market in 2007 when it was priced at $1.050 million so after a year it was taken off, only to reappear in 2009 asking $1.250 million. This curious … Continue reading →

622 Riversville Road has an accepted offer today, presumably at less than its last asking price of $2.299 million. It asked $4 million when it started this sale process in 2009, was purchased for $3.320 million in 1987 (!) and … Continue reading →

Giant pythons running loose in Florida. They’ve already killed 98% of the deer, and rodents and smaller mammals are going fast too. Either these big boys will run out of food and starve to death or, more likely, they’ll turn their attention … Continue reading →

Is being a moron a requirement for getting a government job? TSA employees screen terrorists posing as passengers as they’re leaving the train, rather than boarding. Do you remember when Butch and Sundance were hired to protect the mine payroll and … Continue reading →

Case/Shiller housing index falls from January ’2010 level, worse than expected. And the Consumer Confidence Index, which was expected to rise, fell, instead. Do these indexes mean anything? What am I, a philosopher?

The broker open house list is out for today and there’s nothing on it but retreads. This is supposed to be the busy season but it’s obvious that those who don’t have to sell are holding their houses off the … Continue reading →

516 Round Hill Road is back on the market. Partially built by Greenwich’s own Dominick DeVito, construction was discontinued when Dom was shipped off to La Tuna prison in Texas for mortgage and insurance fraud (he’ll be back in 51 months, … Continue reading →

On the other hand, the surprising thing is that it’s selling at all. (NMI) N. Hawthorne Street in Glenville has an executed contract: last ask was $299,000, down a tad from its initial price of $900,00o. Interesting what can happen once the bong … Continue reading →

One North Street in Cos Cob (across from the filter plant) has expired unsold after being listed last year at, first, $849,000 and later, $829,000. Owners bought it direct from a foreclosing bank in 2008 for $880,000. Nice house and … Continue reading →

Our Democrats are back at it today, proposing yet another increase in the minimum wage. That’s admirable, of course, and clearly demonstrates the legislators’ compassion for the poor and generosity with other people’s money, but why do they keep raising the … Continue reading →

Warming Alarmists seek to purge TV weathermen who deny global warming. Except for Al Gore and our own Dollar Bill, no one thinks that short-term weather, which is what is discussed on local weather shows, has anything to do with long … Continue reading →