Monthly Archives: September 2010

Here’s a story I missed before

Obama, at behest of the NEA, revoked 216 scholarships for black kids that would have permitted them to attend the very privates schools the President sends his own daughters to and which yesterday he admitted were far superior to D.C. public schools. Fortunately for Sasha and Malia, their daddy has the money to send them to Sidwell, without help.

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Now it’s the Governor’s race that’s tied

Foley within three points of Malloy, which is the same margin polled in the Senate race yesterday. Unlike my antipathy for AG Blumenthal, I like Dan Malloy and I think he did a good job running Stamford. I have the feeling it’s a “throw the bums out” thing going on here. Interesting.

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Doesn’t this firm have offices in Greenwich?

DE Shaw quant fund lays off 150, from bottom to top.

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You think the NAR is paying him?

Still, great advice from John Paulson.

“If you don’t own a home buy one.”

”If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.”

 My kind of guy! : )

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It might have been 190 had the Greenwich Association of Realtors tried him

Iranian blogger sentenced to 19 years.

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Withdrawn from market

306 Round Hill Road

This 1804 (parts of it, anyway) house was fun to tour back in May but at $2.999, I wondered whether it would sell. The Merritt Parkway runs practically through its front yard – in fact they may have taken part of that yard for the highway and it was noisy. And, sad to say, the house looked like a money pit. Buyers must have shared my opinion because it didn’t sell and today it’s been pulled off the market.

Every house in Greenwich has a value, or used to, so this is bound to sell at the right price. What that price is, I don’t know.

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This won’t help Thursday’s open house tour

Island Surveyor sent me a link (check the comment section to the tornado watch posting) to this picture of “Tropical Depression 16” which is coming our way with “moderate or heavy to excessive” rain. Looks like we’ll be in the “excessive” path. Oh Joy. As IS points out, it’ll really suck if today’s tornado removes your roof!

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Sales we got. New contracts? Not so far.

6 Wilshire Rd.  A great buy here. Originally listed at $5.750 in 2006, it came on and off the market for years until it finally dropped to $3.2 (assessment is $3.1) It just sold for $2.7 million. I think its five acres were worth that alone, but its a beautiful house, too.  
15 Sylvan Lane sold for $2.210 in 2008. The owners replaced the siding, roof and windows, erected a nice stone wall and had a ton of landscaping done. It sold yesterday for $2.240. Assessment, $1.727. 

22 Jeffrey Rd

 

 
 
 
This house on Jeffrey (off of Stanwich) sold for $965,000 in ’02 and again this week for $1.150. Assessment, $1.274 million.
 
And 32 Meadowcroft, 2.2 acres and a teardown, sold to builder Mark Mariani for $3.550. Asking price was $4.2, assessment was $2.304.

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Steve Jobs’ new house

Plans here. It’s modern, sleek with clean lines which you’d expect from the iPod guy. It’s also only 4,900 sq.ft, . The article deteriorates into psycho-babble near the end, but I agree with the conclusion that this is a house designed by someone who is confident in who he is.

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Tornado watch

No link – I heard it on the radio – but the National Weather Service has issued a tornado watch for our area. Apparently  there are three bands of storms approaching with the third one, expected to show up between 4 an 6 pm, being the most dangerous. I don’t know what one does to avoid a tornado, but be careful out there.

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Kids’ll do the darndest things!

Beer-soaked brawl ends 3-year-old’s birthday party. All this at one a.m., mind you. License parents? I say yes.

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Whoa

There are just fifteen houses on the broker open house list this morning – half a page. At this time of year we’d normally get three pages of listings. Are sellers giving up and, if so, what’s their alternative?

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Here in America we use untrained monkeys

Too good for JFK or Laguardia

Indians using trained monkeys to guard Commonwealth Games.

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More on Coyotes

Interesting article on Eastern coyotes in today’s NYT science section.

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McMahon tied with Blumenthal

The man had a forty point lead last spring but no longer. Not being a consumer of local TV I haven’t seen either candidate’s ads, but something isn’t working in Demmerkrat Land.

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Chris Christie in 2012?

I hope so. He’s got my vote.

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Dirt cheap shale oil disrupts green policies

So says a British study on the subject. Shale oil extraction is pretty messy from an environmental perspective, but cheap energy trumps expensive, every time. Of course, eco-warriors want us back in the stone age so this won’t stop them, but it will give society at large pause.

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“Swimmies” and the value therof

Big dispute over whether kiddies should use flotation devices in Greenwich pools. Given the YMCA’s financial woes, I’d say this problem is soon going to be reduced by a third – kids won’t need swimmies in a bank.

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Oh, the humanity!

Gitmo prisoners restricted to one ice cram per day. The British press considers this confirmation that we’re torturing terrorists.

(Ice cream – Freudian slip)

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Here’s an interesting legal development

There’s a house being foreclosed on here in town – the listing agent and his firm have refused our offers, once on the ground that a low price would “ruin  the neighborhood” and, lately, “just because”. Recently the listing agent dropped his objection to ruining the neighborhood” and listed the subject property for a pittance. He still refused to present our offer so, as any red-blooded American would do, our buyer sued!

The interesting legal development is that the buyer’s attorney Genevieve Salvatore filed a motion to intervene in the underlying foreclosure suit and it has been put down for a hearing. Which is not to say the motion has been granted, yet, but the judge is at least willing to hear Attorney Salvatore’s argument. Which I believe is a first. A would-be buyer has no right to intervene in a suit like this but a court can permit anyone in who in fairness should be in. This opens up a whole new creative opportunity in cases involving nasty real estate agents who act as gatekeepers on offers.

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