Daily Archives: September 2, 2009

We were wrong when we accused our representatives of not knowing what was in the health bill – there is no health bill

Obama to offer details of what he wants included in ObamaCare. I wonder if Jim Himes is the only Congressman who feels hung out to dry after being sent from Washington to sell a non-existent program to his constituents?

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Death panels

Nobel Prize winner and NYT columnist Paul Krugman: “In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these stories are false.”

Telegraph: British doctors say NHS forces terminally ill patients to die prematurely.

BBC: 

The BBC, meanwhile, reports on another side of the NHS. The Beeb leads with a bureaucratic error: Janet Brooks emailed the NHS’s National Patient Safety Agency after the death of her 76-year-old father, Tom Milner, and she got a response with the salutation “Dear Tom.” But this clerical negligence was the least of it:

Mr Milner, who had terminal leukaemia, was not given his prescribed pain-relieving morphine in the last two days of his life, his family say.

They claim he was left in agony and lay in his own urine and blood at the NHS palliative care ward at the hospital.

The health trust responsible for his care said staff had “acted appropriately.”

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Solitary politician identified as Barbara Lambert

Barabara Lambert. $5 a minute?! You have got to be kidding me - the stuff's free on my computer

Barabara Lambert. $5 a minute?! You have got to be kidding me - the stuff's free on my computer

Democrat from Milford. Frankly, looking at her picture and reviewing her policy decisions, it’s hard to believe she could master a tough game like solitaire.

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“How the Hell did Bill sneak over there?” HC

Hillary investigates reports of sex, booze “deviant parties” among Afghan embassy guards.

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Sheryl Weinstein’s husband on how it feels to be cheated on by the Whore of Babylon: “not good”.

Mr. Weinstein is interviewed by The Daily Beast about his wife’s screwing Bernie Madoff and then writing a book about it. He won’t quite come out and say it but I give this marriage six months or the book’s appearance in the publisher’s remainder bin, whichever comes first.

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SEC on Madoff: We were distracted and we blew it

Hello, Sailor!
Hello, Sailor!

“There was this chick by the fishtank”, SEC inspector explains.

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Two more Greenwich listings on the block?

Whistling past the graveyard - Andy Madoff strolls by jail cells

Whistling past the graveyard - Andy Madoff strolls by jail cells

While you lick your chops and wait for Walter Noel’s cottage at 175 Round Hill Road to go on the sheriff’s auction block, you might want to start considering living at 21 Cherry Valley Road or 57 Tomac Avenue, the locations of Bernie Madoff’s kid’s weekend homes. (Ex-wife Susan has the best place, actually, in Lucas Point, but I think she grabbed the divorce proceeds in cash and got away long before the fraud was exposed. I don’t think she can – or should – be touched). Madoff’s bankruptcy trustee Irving Picard has just announced that he’s going after the boys (he’s already got his teeth buried in Walt’s shank). First up for examination is the Nantucket house that either Andy or Mark bought in the spring of 2008 with Madoff funds, but while Nantucket’s a fine place to visit, surely Picard’s ears will prick when he hears, “Greenwich real estate”.

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Sales and price cuts

62 Wesskum Wood Road in Riverside sold yesterday for $2.025 million. Sellers paid $2.206 for it in 2005. Assessed value (70% 2005 market value) is $1.586, so it’s fair to say that this house, anyway, sold for its 2005 value. Other areas of town are faring worse.

Like, for instance, Stillman Lane, over in Glenville. Yesterday Billy Gardiner’s 8,000 sq. ft. spec house at #8 sold for $4,850,000, down appreciably from its original asking price of $6.650. Today his former partner, Shay, dropped his own spec house at #16 from $5.850 to $4.475. Nothing like a fresh comp next door to concentrate one’s mind.

Down in Belle Haven, 29 Field Point Drive, a wonderful, renovated carriage house, finally sold for $4.875. I really liked this house and so did the clients I showed it to but it’s configuration made it hard to accommodate many families. I’m glad it found a buyer. By the way, its last listing price was $4.995, so this sale will show up in the Greenwich MLS records as 97.5%  of asking price. In fact, it started life back in 2005 at $6.995, so it really sold for just 69%. I’m sure it’s accidental that the days on market and list / sell ratio will be so skewed.

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Never admit reality, never!

We recently pitched a bid at a beautiful, large property that had sat unsold for years before being pulled from the market. While the majority of the multiple owners wanted to sell, one, who apparently controls the situation, refused our offer and has listed it with a broker who, I hear, will be listing it at 150% of our offer. It didn’t sell at that price in 2007; I predict it won’t sell at that price now.

So what happens? We certainly aren’t coming back now at the original price – it wouldn’t be listened to. A year from now, maybe we will. In the meantime, the owners can enjoy the property they no longer want. There’s a lot of that going on in town.

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Here’s another one that didn’t sell

409 Round Hill

409 Round Hill

This is a beautiful old antique (1700s) that, unfortunately, sits on just 1 1/2 acres in the 4-acre zone. That’s plenty of space for living but, thanks to Franklin Bloomer, FAR restrictions prevent you from doing anything more to the house. It’s been on and off the market over the years, this time at $2.5 million, but I think the inability to add even a coat closet scares people off. I thought that the owners might pick up the adjacent seven acres when they were selling for just $1.4 million via foreclosure this year and make two four-acre lots but they passed that opportunity up and now this listing is off the market. Assessed value is $1.377 million.

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Gone again

605 North Street

605 North Street

The listing for this 12,500 sq. ft. spec house built by developer Greg Silver in 2004 was deleted today, one month before it was set to expire. Will it come back on the market? I don’t know, but it has before. It’s been listed for sale at a varying price ($12.5, $11.2, back up this time to $12.5) since it was built, but I believe only Mr. Silver has ever lived in it. Judging from the pictures it’s quite a house but it’s obvious no one is willing to pay $1,000 a foot for it. Maybe Silver has pulled it and awaits hyper-inflation to set in as Obama’s deficit spending finally takes affect.

UPDATE: I just heard that this house has been rented for $37,000   $28,500 per month, which explains why it’s been pulled from sale: that kind of money pays more than just property taxes.

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I just pray that I’ll get some

Catholic group offers prayer to recite before sex.

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