Daily Archives: January 9, 2012

How can they distinguish between the two?


The other white meat

Rat infestation explodes around D.C. Occupy camp


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Next up,these geniuses will draft math quizzes

Scotch in a can, $5 a pop. It’s early days, but I’m making this my front runner for an Ignoble award, 2012.


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This probably wasn’t a good idea

"Someone's in trouble, but I don't think it's me!"

Georgia school concocts math homework asking questions like how many slaves it would take to pick 56 oranges and “if Frederick Douglas was beaten twice a day, how many times was he beaten each week?”. I suspect that the scholars who came up with this idea are black, but the parents are upset nonetheless.


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Contracts at new prices

66 Cat Rock Rd

66 Cat Rock, 3 Fairfield and 5 North Crossway all report contracts today. Cat Rock is a charming place but with just one acre in the two-acre zone it’s pretty restricted by FAR so its 2006 price of $2.195 million made no sense. Its latest price of $1.199 obviously worked for one buyer, probably because the assessment is $1.099.

3 Fairfield, that junker on 0.1 acre was asking $499,000 but even at that price I’m surprised someone bit. I’ll be curious to see what it actually sells for.

5 North Crossway, marked down to $1.995 from close to (above?) $3, was a pretty good deal. Very beach housey and it sure looks like its yard floods regularly but the house has been there since 1912 so I presume it’s not going anywhere. I’d love to own this house. Another one selling for its assessment which, you will remember, is supposed to represent just 70% of estimated market value.


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Bank owned property in Riverside

People’s Bank has listed 30 Crescent Road for sale at $1.299 million. I’m sure this was a great house back when it was built in the 40’s but when it lost its backyard to I-95 a lot of the charm went with it. Interesting price history: listed for $1.675 in 2004, the former owners won it by bidding $1.760 (and aren’t I glad I wasn’t involved in that sale). People’s loaned $1.4 million on it in 2005 and ended up foreclosing. If the bank really gets $1.3 for it they’ll come off relatively unscathed but I’m not confident that they will.

Here’s a video from a former listing.



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A big sale for Cos Cob

134 Cat Rock Road sold after just six days on the market for $3.237. Pretty nice inside, judging by its pictures (I never saw it – out of town). 2 1/2 acres, pool, all that builder stuff buyers still like, it seems like a lot of house. The listing agent sold it to her own client, which makes for a very decent payday – I’m jealous.

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How do you make a small fortune in Greenwich real estate?

Start with a large one. 18 Dingletown Road, on the market since last May, has cut its price to $1.825. Owners paid $2.4 for it in 2005, someone else paid $1.7325 in ’02, before the current renovations. Assessment is $1.237, which might be a goal to shoot for if you’re into bargain hunting.

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