Daily Archives: November 21, 2011

I don’t see why Syria’s upset but, this time of year, I can sympathize with the turkey

Let's get the bastids!

Turkey, Syria tensions rise after attack on Pilgrims

4 Comments

Filed under Uncategorized

Friends don’t let friends enter bidding wars

But who says we’re friends? 55 Burying Hill Road has just been yanked from the market after finding no buyers at $8.75 million. The owners paid $5 for it back in 2000 on an asking price of $4.695 (which, ironically, is what the town assessor figures it’s worth today).

4 Comments

Filed under Uncategorized

Keep going

A two-bedroom condo at One Milbank Avenue, one of those ugly brick things, has dropped its price to $1.5 million. Time was (2005), these units sold in the $1.6 to $1.7 range but since then the prices have dropped (except for some dumb sucker who paid $2.5 in 2009). One traded at $1.350 in 2010 and I see no reason why this one would sell for more.

21 Cary Road, in Riverside, has dropped from its 2007 price of $699,000 to $499,000 today. Too bad the sellers didn’t start there five years ago because $499 won’t do it today: number 11 sold for $325,000 this year. Catch a falling knife.

3 Comments

Filed under Uncategorized

Cos Cob Day Care

5 Comments

Filed under Uncategorized

A Pinetum (Cos Cob) Christmas

Putting Tudor Jones to shame

10 Comments

Filed under Uncategorized

And still another contract reported

A flurry of activity but at prices that may disappoint the owners. Eight Echo Lane, a tear-down on a half-acre was listed at $1.2 and found a buyer, but, assuming the buyer is paying less than ask,  we’re probably back to 2002 pricing on this street.

1 Comment

Filed under Uncategorized

Views from Cos Cob

My friend Martha Kelly sent along these snapshots of her old town taken during a recent visit

Rudy's Limo

Cos Cobber swing set

Landscaper's weenie roast

Thanksgiving on Mead Avenue

20 Comments

Filed under Uncategorized

Reality sucks

423 Stanwich Rd

I rather liked 423 Stanwich when I saw it last year, but not necessarily its price. Now I know why. The estate of the owner tried it at $5.725 in 2003 and kept it in the $5’s for two years before giving up. The heirs brought it back at $3.995 in 2009, gradually dropped it to $2.495 this past July and sold it Friday for  $2.246.

Further down Stanwich, number 23 sold in a bidding war in 2005 for $2.275 (asking price was $1.995) and was returned to the market in 2008 for $2.395. It’s dropped since then, all the way to $1.745 and is reported today as under contract. Ow.

13 Comments

Filed under Uncategorized

Found!

The perfect Christmas present for me. I’m counting on Fudrucker to step up to the plate.

 

 

futureweapons-m107-sniper-rifle.html

5 Comments

Filed under Uncategorized

Sometimes, even in Greenwich, junk won’t sell.

209 Bedford Rd

Number 209 Bedford Road’s listing expired today. I’m sure it will be back because it’s been foreclosed on, resold to a vulture firm and someone’s going to want some of their money back. The place started off at $3.495 in 2007 but never sold despite numerous price cuts and various brokers.  Its $2,000,000 Thornburg mortgage went down with that hapless company and the successor, US Trust, unloaded the debt at some discount. The current owners had it listed at $1.615 (assessment is $1.356, down 29% from last year’s assessment). Bad location, house in crappy condition, who wants it?

14 Comments

Filed under Uncategorized

Price it right

1 Bradbury Place (corner of Bradbury and Lockwood, in Riverside) has been on the market since 2005, when it asked $2.895. Its price has dropped to $1.695 and yet the only taker, reported today, was a renter at $5,800.

2 Indian Knoll, over in Glenville, also reports a contract – it asked $3.795 in 2010, dropped to $2.995 this year and rumor has it (a) that it’s selling for considerably less than its final asking price and (b) the sellers turned down a far sweeter deal a long time ago. So it goes.

1 Comment

Filed under Uncategorized

Save money: abandon the new $30 million GHS music palace

GHS grad, 2018

We should probably get rid of the gifted and talented program and bring back the tech program, too. Hard work alone won’t make your child a success in music or business if his IQ is just average.

3 Comments

Filed under Uncategorized

Good news

I want my chocolate milk and pizza/vegetable!

K-cup patents are expiring. Good – I bought one of their machines for the office and, while I appreciate the convenience, I’ve yet to find one of their coffees that produces a decent cup. Using the smallest cup setting yields a tolerable, if tiny brew but I’m still looking for something that will at least approach my French press. Maybe competitors can do what Green Mountain can’t.

(Yes, there’s not much real estate activity to report this morning)

9 Comments

Filed under Uncategorized

You think YOU have bad neighbors

Or, why juries shouldn’t award the undeserving large awards from the City of New York. A former garbage man who pocketed $3.5 million in a suit against the city has spent the money on a fleet of cars which he uses to block a public street. His Riverdale neighbors are not amused.

1 Comment

Filed under Uncategorized

Buy that house!

Well okay, maybe not, but if you’ve found a house you like, you may want to consider moving on it, and here’s why: many houses these days have been on the market for months, even years, their prices slowly drifting down. The natural supposition of buyers who like the house is that, if it’s sat unwanted for so long, no one else is interested, so why rush?

And of course I would never encourage a client to rush into a multi-million-dollar purchase, but I do like to tell them of my experience, and that of most real estate agents who’ve been working this gig for a while you aren’t the only one out there. It’s uncanny how, after languishing on the market seemingly forever, a house will suddenly attract multiple bids. Don’t just take my word for this phenomenon, ask any realtor. Partly, it’s due to the price having been improved but I suspect that there’s some unknown natural force at work. Go figure.

1 Comment

Filed under Uncategorized

Pipe Bomber seems to hate everybody

Especially Jews, who he blames for mongralization of white America. Odd, because, judging from his name, the gentleman would not be accepted at any club with which I’m familiar.

Comments Off on Pipe Bomber seems to hate everybody

Filed under Uncategorized

Heh

Can’t do better than Instapundit’s summation:

AND THE WIND CRIES BANKRUPT:14,000 abandoned wind turbines.

The latest Consumer Reports writes about their own test of a roof-mounted turbine: it’s manufacturer claims it will supply 20% of a home’s energy needs in the location CR has theirs and pay off in five years. So far, it produces less than 1% and will never pay back its cost, even including the taxpayer funds used to subsidize its purchase, in the 20 years of its estimated life. Probably made in China, too.

Comments Off on Heh

Filed under Uncategorized