No wonder Obama has no confidence in fences or guards. And since you ask, I deplore the criminal characterization of White House intruder Omar Gonzalez; surely he should be described as an “undocumented resident”.
98 North Street asked $4.850 million when it was listed back in 2013, but has been cut today to $3.850 (there were various smaller cuts in between). Right price? Who knows, but it will certainly make it easier to sell.
1 Ginkgo was reported sold (June contract), for $3 million. Three’s a nice number for this street and this property, but it must have disappointed its owner, who’d hoped for $3.950 million back in 2013 and at various lower prices thereafter. Aspirations and hopes, alas, do not always translate into actual market value.
16 Mortimer Drive, Old Greenwich,$2.999, already has a contract. Builder paid $1.025 for the land in 2013 in a modest bidding war (ask was $1 million), put up this house on its 0.27 acre. Listing claims 4,500 sq.ft., but that must include garage and other non-living spec. Personally, I wouldn’t want to live this high up in the air, and I’d be cheesed that three million bucks couldn’t buy me a masonry chimney, but that’s just me.
Owners paid $1.150 for this contemporary in 2002 and have been trying to sell it since August, 2012, when it appeared on the market at $1.775. It dropped as low as $1.549 in 2013, before a new agent raised its price to $1.680. That’s rarely an effective tactic, and the next new broker dropped it back down to $1.549 and, eventually its current price.
Foreclosure initiated in October, 2013, looks like a pending divorce was finalized earlier this year and, finally, this sale.
Nothing particularly wrong with the house, but 1980s contemporaries are a tough sell, and the debt on the house obviously made it difficult for the owners to drop their price to accommodate that.
Suhaib Webb is currently the imam of the Islamic Society of Boston Cultural Center, which is part of the same entity under the same ownership as the Islamic Society of Boston, where Boston Marathon bombers Tamerlan and Dzhokhar Tsarnaev worshipped. Webb spoke alongside the late al-Qaida senior operative Anwar al-Awlaki at a Sept. 9, 2001 fundraiser for an Islamic radical who killed two police officers, according to FBI surveillance documents.
“I woke up the other day and decided to skim through my body of work over the last few years,” Webb wrote. “Boy was I surprised at some of my posts and talks — the tone and the demonization of others — I compared ISIS to Ebola. While I don’t agree with ISIS, al-Qāida, certain progressives and others, I’ve decided to apologize to anyone that I have spoken ill towards or demonized.”
“I ask Allah to forgive me and to guide me to observe better character in the future,” Webb continued. “I asked myself, ‘Suhaib did you forget the 49th chapter of the Qur’an, Surah al-Hujurāt?’ Moving forward, I promise myself to address ideas instead of people, to be critical of thoughts instead of personalities and commit to ethics as best I can. That will create a better climate to unpack and examine current trends in our community, but ensure that I recognize other’s humanity and worth.”
Webb then asked Allah for forgiveness in his column.
15 Lia Fail Way, asking $2.295 million. While (the exterior of) this house isn’t to my taste, the street itself is a beautiful little enclave off Valley Road and is in fact my favorite neighborhood in Cos Cob. Certainly there’s no other neighborhood with its own marble amphitheater.
The listing describes the house as a “classic Colonial”. Give that agent a prize.
Since then, his wife has left him. He doesn’t get to see his four kids as much as he would like.
“Now being here, you know, the house is for sale because we are getting a divorce. We are basically liquidating. I guess we are liquidating our life. The hardest part for me is that I destroyed it myself.”
I know far more people than I wish I did who could tell the same tale. Addiction – booze or other drugs, honors no class or income barriers, but unfortunately, often help is sought only after the wealth that shields an abuser from his reality is gone. It doesn’t have to be that way (if you’re curious, write me, confidentially).
14 Cat Rock Road is on the market today asking $965,000. A local entrepreneur paid $796,000 for it this past April, refinished the floors, repainted the walls, and “replaced” – an undefined term – two bathrooms. Even assuming all that was done on the cheap, is the mark up here worth the risk? After commissions and taxes there isn’t that much to go around, and if he’s overestimated the value of his efforts (which he may well have done), he’s pocketing even less.
Whatever – I suppose if he can do a dozen or so of these a year he’ll make a decent living, but I’m not sure there’s enough low end inventory to support that business model.
It’s a friggin’ run of the mill suburban pseudo-colonial on an acre of land, for Chrissake – you wanna stick your Filipino baby sitter in a windowless cubical in the basement, fine, but that’s not “staff quarters”, and you still won’t live in a manor, no matter what you call it. Get a grip.
With houses well over the price point of $2.5 million, and celebrities living there like: Sean Combs, LL Cool J, and Jay Z, this area of New Jersey is shaping up to be the place to live for people with money.
New Jersey may be a nice place – I’ve never noticed – but it seems to be loaded with non-clubable denizens. That may be a very good thing, attractive to many people, but it’s not Greenwich.
“I found out as all of you found out,” de Blasio said Monday. “I had no idea previously.”
It’s true the mayor didn’t kill the poor beastie on the GW Bridge and tie up traffic for days – at least he didn’t do that – but his denials and evasiveness set a poor example for the city’s schoolchildren.
24 Khakum Wood Road is back on the market, this time with Steve Archino and now priced at $8.650 million. That may or may not be the right price, finally,* but time did tell us that David Ogilvy’s original price of $14.5 million in 2008, and the other prices he tried in the ensuing six years, eventually down to $9.6 million in 2014, did not do the trick.
*Given what’s out there currently in this price range, this house, in Khakum Wood, seems very competitive.
11 Flower Lane (April contract) closed at $1,631,250. This property was originally listed as one of those “expand or renovate” estate deals in 2008 for $2.7 million, and stayed on the market through 2012 at various prices until it was pulled in 2013 nd renovated. Once that was done, it came back on at the beginning of this year priced at $1.7, and contract followed soon after.