Stuck in Riverside much of the day while awaiting replacement of two (2!) tires ruined on Cat Rock Road when one of those construction site food trucks came barreling down the middle of the road and forced me to pull to the right – I appreciated the irony of my vehicle’s location matching my politics, but $531 for that bit of ironic humor was a tad expensive for such a weak thrill. Did I ever mention that Cat Rock’s in Cos Cob?
In any event, I came back to see that there was a fair amount of real estate reported, so let’s start.
First up is the closing on 504 North Street. This has been a nine-year haul for its builder, starting with his purchase of three great acres for $3,500 million in 2004, the razing of the fine “Bermuda” house thereon, construction and then, in 2006, the commencement of the sales process. To be brief, he started at $11,795 million back then, sold it for $5,800,000 today.
I think he lost money.