Daily Archives: June 14, 2011

Can’t do the time ….

Tough neighborhood. Man shoots ten-year-old for ringing doorbell, running away. I’m pretty sure that the statute of limitations has expired on this so I’ll confess that I might have played such a prank back in 1963. But that was Riverside.

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Ads that wouldn’t work today? Who says?

I checked all of these out with Walt and he’s approved every one of them.

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Fringe areas

38 Locust Road, on our western border, was built in 1995 and placed on the market in 1996 for $2.950. It didn’t sell so the builder/owners stayed there and in 2007 tried again at $5.2 million. Four years later, they’re down to $3.195 – I suspect that with a little negotiating you can get that 1996 price.

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Coming our way

Stratford, Ct and its pensioners

STRATFORD — If you’ve retired from the town in the last five years, you are  likely earning a pension that is greater than or nearly equal to your former  salary.

Among the 71 town employees who retired between 2006 and January 2011 and for  whom human resources officials provided data, more than half are earning more or  nearly the same amount of money in retirement than they did from their former  base pay. Pensions exceed former salaries for 74 percent of the top-earning  pensioners in this camp.

Moody’s Investors Service last week downgraded the town’s bond rating, citing  a $2 million operating deficit, low revenues, high expenditures, a weakened  grand list and a failing pension fund.

Stratford’s top-earning pensioner is Mark  DeLieto, a former police captain who left the department in 2008 after 27  years on the force. DeLieto was 54 when he retired with a $134,525 pension —  nearly 160 percent of his former salary.

If he lives to 75, the average life expectancy for a white male in this  country, DeLieto’s $11,000 per month pension will cost taxpayers $2.8  million.

 

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Bill Raveis says, “now’s the time to buy!”

I respect Bill and he’s got a great set of statistics, but if he’s really saying that the $3 – $5 million range is selling, he’s not including Greenwich figures. So where are these sales – Milford?

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Defamatory postings on real estate blogs

New York says bad comments are okay, but I’m trying to stay away from them. Still, aren’t they fun?

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The triumph of hope over experience

74 Dandy Drive

This Dandy Drive home asked $1.425 May 18th and sold via bidding war for $1,455,729 13 days later. The winners of these bidding wars haven’t done well over the years but perhaps this time is different.

I might have steered my client over to 82 Winthrop Drive, in Riverside, which is now asking $1.695. But that’s just me.

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Own your cybername

Sleazy Hamptons real estate firm grabs names of successful agents and redirects inquiries to their own site. Nasty.

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Well, speaking for myself …

Mark Steyn: is every lesbian blogger a middle-aged male?

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A bust for open houses

Nothing I can see on the list justifying burning gasoline on. Almost all retreads, the rest are overpriced, with the exception of 5 Jofran, which I saw, and liked, this weekend.

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Deflation has arrived

Woman offers just $1,000 to knock off the father of her illegitimate baby.  Found a taker, too. I’m pretty sure the going price used to be ten K.

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Aha! The Weiner is located

Germany opens its nude hiking trails for the season. I personally have never seen the attraction of hiking in clammy clothing but aside from some very remote, distant routes, I bow to local custom.

UPDATE: lest we forget, Mr. Weiner on protecting children from sex on the Internet.

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