This 1954 house is obviously headed for the dumpster but it sits on 0.40 of an acre, a decent size for Riverside. Listed for $1.395 million on November 3rd, it’s under contract today for presumably full or close-to asking price.
Daily Archives: November 8, 2011
Those heros of the revolution, Crosby, Stills and Nash, have left their Malibu mansions and are performing for the scum bags infesting Wall Street. This is the modern-day equivalent of Marie Antoinette entertaining the mob at the guillotine, but I suspect neither CS&N nor their adoring fans will get the irony.
This bank sale on 52 Pecksland Road was the only bargain I see for the period of my absence. Sold for $3.495 (full price!) back in 2005, went to contract via bank sale at $1.750.
The demand for Riverside/Old Greenwich $2.3 – $3.3 homes seems insatiable, and new construction is going for ridiculous prices. Well, ridiculous to me – buyers and their agents obviously disagree.
Has Greenwich really announced a ban on all generators that are louder than 50 dcbs? That’s what I hear (dimly). Anything’s possible in this crazy town, but since, I am told, there isn’t a generator out there that meets this noise standard, we can expect any noise reduction to be cancelled by the furious screams of homeowners left in cold, dark houses. Assuming we ever lose our power around here, which couldn’t possibly happen, right?
All the politicians I know are out bribing voters but when the hooha ends, I’ll investigate further.
Those condos on the Portchester border, Riverdale Avenue, seem to be sinking into the Byram River. A used one has now dropped from $799,000 (6/10/10) to $679,000 and remains unsold. The developer is offering a new one, same size, for $729,000, down from $749,000. Just a few years ago these units were selling at full asking price, $899,000.
80 Porchuck has gone the other way, raising its price to $1.795 from $1.595. The seller tried the same strategy last year, bumping it from $1.995 to $2.0 million. That didn’t work; perhaps the increase then was too small to do the trick.
6 Raymond Street in Old Greenwich didn’t sell when it was new at $4.2 million so it’s dropped today to $3.3. I don’t remember the property after four years but, given recent sales, the new price would seem to be in the general ball park.