Funny ha-ha: Greenwich has a number of these things and only a few months ago a client asked about the possibility of one blowing up. I told them I’d heard of such events but they were very rare. Judging from what happens when one does go up, I believe I was too sanguine.
Daily Archives: September 10, 2010
54 Sinawoy was sold off yesterday for $1.119 million; not a bad price (for the buyer) for 2003 construction. Most impressive is the speed in which it went – pretty much 30 days. We’ve been seeing short sales take nine months and longer so this one was probably pre-packaged, meaning the homeowner reached a deal with his lender before putting the place on the market. That’s smart, because most buyers aren’t looking for a house nine months into the future. Assessment is $906,000.