From CityFile – FGG’s Murphy’s Townhouse for sale

Fairfield Greenwich Group partner and Round Hill neighbor of Walt Noel, Chuck Murphy, must be feeling the pinch as legal fees mount and nasty former clients show up demanding their money back. So he’s put the former mental institution/ townhouse he just recently purchased back on the market for sale. Will he join his cook out here in Greenwich and live happily ever after, or are the rumors true that he’ll be spreading a sleeping bag on the floor of the Noel garage until all this blows over? We’ll let you know as soon as we hear.

Here’s the townhouse. It’s just $37 million so you know it’s priced to sell and sell quickly. Interesting, taxes are only $76,000. Is that because of the lack of a long-overdue reassessment or are city taxes lower than I thought? 

Warning on the Sotheby’s link above. The site promises 10 pictures of the townhouse and delivers on that promise, sort of: there are only three different shots, repeated. I believe that reflects the new austerity program at Realogy/Sotheby’s in which only houses listed for more than $50 million get the full marketing treatment. Paupers’ palaces have to make do with less, as is appropriate.

8 Comments

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8 responses to “From CityFile – FGG’s Murphy’s Townhouse for sale

  1. Peg

    Wow. In Minneapolis, we actually post 10 photos for homes listed at $175,000.

    And no; I did not leave out any zeroes.

  2. pulled up in OG

    Chuckie’s gotta be in pain leavin’ that staircase behind.

  3. anthonyfountain

    $76,000 seems about right for that property. City real estate taxes are surprisingly low but trust me, they have countless other ways of squeezing it out of you here.

  4. Walt

    Garage? How Pedestrian. We don’t have a stinking garage. We have a heated 5 vehicle attached enclosure. Chris, that is why you don’t get the high end listings. Get with the program buddy. And we don’t do sleeping bags either. He gets a futon. Footon? Oh never mind. Hey, where am I?

  5. jackrabbit

    Why is walt being singled out.What is the fallout of the twenty other or so partners in london,south america etc. Are they feeling the pinch too or are the protected by international reciprosity laws?

  6. Murphy selling the FGG wedding present?

    Was this NY townhouse a$33 million dollar sign-on bonus or “wedding present” from Noel when Murphy married into the Fairfield Greenwich Group family as a Partner?

  7. Captain walt go down with ship

    jackrabbit, walt singled out para somebody be accountably. the founder has a most passion and vision. what went wrong is another story. there are other FGG names be appearing on new lawsuits.

  8. Whaat?

    Thanks for a most coherent post, Capt. WGDWS. I imagine you were have a few strong drinks with Mr. Noel at the time. I don’t blame you.