Daily Archives: April 26, 2011
Or lunch orders, anyway. Rajamataz orders a tunafish sandwich for lunch today,with extra mayonnaise. Dealbreaker speculates on the hidden meaning.
Atlas Shrugged collapses at the box office. Too bad – I’d have liked to have seen it. Guess I’ll reread the book instead.
Because it’s useless. Last time I went, and spoke, there was lots of testimony on the huge, deleterious effect these new regs will have on housing values. The grey beards nodded wisely, thanked us all for our import and admitted that there were all sorts of things brought to their attention that night that would cause them to re-think the matter. The upshot? The regulations being proposed tonight are even worse, more stringent, than the original ones.
The fix is in – the P&Z is determined to have its way and screw the public because the P&Z knows best. I wouldn’t waste my time or my breath. the fight, if there is to be one, will have to be conducted at the RTM. P&Z isn’t going to change its mind.
Dingos maul child down under. I’m surprised some idiot hasn’t imported them here – we’ve seen just about every other pest brought to our shores.
This is a perfectly okay house that sold, full price, for $1.625 in May, 2004. The buyers tried getting $2.2250 in June of ’08 and finally sold it in ’09 for $1.450. Those buyers, in turn, listed it for $1.975 last december, dropped it to $1.875 and now have a contract. Assuming the agreed upon price is anywhere close to the ask, then I guess Old Greenwich is coming back.
Mansions going back to the banks. If you could figure out way to make a living there, you can buy a whole lot of house for not a lot of money. Of course, you’d have to live in Las Vegas.
A reflection more, I think, of a lack of inventory rather than any exceptional value, this house was listed at $2.150, went to contract in nine days and closed yesterday at $2.1 million
Lunch break? Late breakfast? Both?
This spec house near the hospital was priced in June, 2010, at $4.650 million, which had to be at least $2 million more than any previous sale on the street. Its builder has been nibbling away at his price and today, five price reductions later, it’s down to a mere $3.895. We’ll see if that does it, but I think he’s now where I might have suggested he start and even then, it would have been a very ambitious pricing.
I’ve noticed that, as the price of gasoline soars, I take an increasingly critical look at the open house list. Re-treads get no second visit, houses in the fringe areas – north of the Merritt, west of Round Hill, etc., get no visit if their price is ridiculous, and even closer to town, if the price is wrong, I’m not going. Just a year ago, I did my best to see every new listing but I’m not doing it now. I don’t know if other agents are doing the same thing – if they are, the homeowners are missing the boat. If the other agents are still going around the full circuit, then I suppose I could be at a disadvantage, but I can always go see a place if the price drops to a reasonable level. The way I figure it, most of these houses aren’t going anywhere for a long time.
14 Stillman Lane, new construction, has sold for $4.375 million. Back in 2007, Stillman was commanding full price, $5.8 million.
Hedge funders switch to the Republicans after getting screwed by Obummer. Even little Stevie Cohen has rediscovered his GOP roots.
Alex Kali-Nagy has taken the 0.6 acre lot of 26 Marks Road in Riverside, subdivided it and plans to cram in two houses, for which he is asking $3.999 each. He might get it: he sold an equally squashed in house on Riverside Avenue recently, but one gracious house would probably have yielded about the same profit and would certainly have improved the streetscape, rather than uglify it. But a man’s free to do what he wants.
UPDATE: Kali-Nagy’s previous sale, 264 Riverside Avenue, was also on a third of an acre and he managed to get $3.375 million for it. Perhaps because the listing described it as “in the Meadow Road neighborhood”. That’s about as accurate as describing E. 10 th Street as being in the “Gramercy Park neighborhood” but hey, if it works ….
Get Lyme disease or rabies? Old Lyme man attacked by coyote while mowing his lawn. I think couch potatoing gets a bad rap.