Daily Archives: March 11, 2011

You want advance warning? Don’t buy a house in a flood plain.

Residents flooded out by Housatonic want a better warning system. I sympathize with their plight, but how much warning do you need to know not to buy in an area that floods every year or so? One resident complains that he ‘only” received $9,000 in federal tax payers’ money for a $90,000 loss a few years ago and hopes he’ll do better this time. Excuse me, but why am I contributing five cents towards your loss? Move, asshole.

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The new civility

Representative Gabrielle Giffords is recovering from her grievous wound, and of course that’s marvelous news. But in the alternative universe occupied by liberals, the death threats are flowing. Why, and when will Obummber speak out against this?

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We should take the deal

Cheshire murderer offers to plead guilty to all counts in exchange for life sentence without parole. (UPDATE: The article has been edited since I linked to it, but the plea offer is still there, just buried) I understand Dr. Petitit’s desire to see this man sentenced to death but in view of the horrific affect the first trial on jurors (and the poor father) and the infinitesimal chance that this man will ever be actually put to death – we’ve executed no one since 1965 with the exception of Michael Ross, who had to sue to be executed, it would seem to make sense to just lock the door on this man and forget him.

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The Irish are coming! (Three days late)

Sunday, March 20th will once again see a St. Patrick’s Day parade through downtown Greenwich. I can’t say for sure that the Keegan brothers will be at the head of the parade but surely some Irishman will take place of honor, pushing a contraption to honor, as Jonathan Swift toasted, “the man who invented the wheelbarrow and taught the Irish to stand on their hind legs.”

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Are McMansions a thing of the past?

That’s what this poll of national homebuilders says, but for Greenwich, I’m not so sure. Common sense would suggest that no one needs 12,000 sq. feet to furnish, heat, cool and maintain, but these suckers continue to sell, pretty much as quickly as they’re built. Assuming, that is, they occupy decent land. Drive up North Street for an illustrative tour of what happens to big freakin’ houses built on marginal lots. I still think that these houses will be white elephants in the future but my predication and the reality of the market are nowhere close to each other.

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Dumb sales

250 North Street, that incomplete spec house right on the road, has been sold by the foreclosing bank for $2.1 million. I wouldn’t want it for half that price. UPDATE: Totally wrong here, as a reader points out. This house is in fact lower down on North (below the light) and built high on a hill. I always liked it, but it started at some crazy price like $5 million, and that deterred buyers. $2.1 is probably a decent price, but I’m sorry to see, judging from the owner showing as a bank, that the seller/real estate agent seems to have lost title to the place.  

2 Tomac Court, once asking $2.495, dropped to $1.925 and has a contract.

14 Dearfield Lane sold for $1.995 in 2005 and is now under contract – last asking price was $2.195.

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Stupid is as stupid does

7 Carriglea Drive

This Riverside building lot, one acre, sold for $1.750 million last May. The owners changed their mind and relisted it at $1.950 last year, without success, so today they raised its price to $1.980. That may work in Hong Kong but not so well around here.

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Dang! Just missed

Of Connecticut’s eleven billionaires, eight live in Greenwich. I’ve obviously got to sell a few more houses.

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