Proper thinking Englishmen outraged that 15-year-old boy purchased a machete over the Internet. Good Lord. By the time I was ten I was busy cutting down trees in our backyard with an axe, and I’m quite sure I brought a machete home from Puerto Rico when I was twelve. My misadventures thereafter had nothing to [...]
Entries from June 2009
June 30, 2009
If it saves the life of just one child
From Overlawyered.com comes this story of pensioners barred from drinking hot coffee at their library lest it spill and scald a toddler.
Sam Romeo was unavailable for comment.
June 30, 2009
Bourke defense rests
He didn’t take the stand, which is standard advice from defense lawyers, but always a disappointment to jurors. It’s been hard to find much coverage of this trial, what with more important matters like Michael Jackson’s fatal drug overdose, but from I could glean, I don’t see that the prosecution had much to begin with [...]
June 30, 2009
Dealbreaker reports Mark Madoff sighting
One of the two worthless sons was seen acting like an arrogant asshole in Nantucket this week. I wonder where he learned that behavior? More important, why does he still have the use of stolen money to spend on Nantucket and when will he joining his dad in Otisville for a manners course?
June 30, 2009
So what’s the story with 58 Dawn Harbor?
A number of readers are curious how this came to be sold and so am I. It showed up today on the MLS marked “for reporting purposes only” meaning it was never really listed but the firm wants the credit for the transaction, and the “asking price” is shown as $14.5 million with a $12.8 [...]
June 30, 2009
Uh oh
I wondered about this. 272 Riverside Avenue, new construction, was bought in January 2008 for $3.850 million and put back on the market this past February for $3.875. I sold two similar houses just a few doors away in 2007 for $3.8 each and I was curious to see what the market did to this [...]
June 30, 2009
First half activity, by district
Single Family Homes. Active as per 6/3009, sales 1/01/09 – 6/30/09
GR: 505 active, 61 sold, $445,000 – $16.500 million
CC: 71 Active, 29 sold, $525,000 – $3.8 million
RV: 91 Active, 21 sold, $722,500 – $12.8 million
OG: 92 Active, 18 sold, $570,000 – $2.2 million
June 30, 2009
New land listing
22 Cornelia Drive has been listed today for $2.570 million. I understand the thinking here – the owner paid $2.050 for it two years ago, razed the cottage that was there and spent a small or even a large fortune preparing a building site. But ….
The lot is pretty much a high promontory falling off [...]
June 30, 2009
Stepping from the shadows of the B.E.T.
Ed Krumeich will accept job as Third Selectman. I’m sure he’d prefer to see Tesei defeated completely but even if Ed comes in last, as he has before, at least this time he’ll gain the loser’s prize of being permitted to attend ribbon cuttings at the sewage plant, kiss the winner of the Cos Cob School [...]
June 30, 2009
More Nigerian email
Got this in the mail just now. I think I’m going to run it by Helen Davis Chaitman, just to make sure it’s on the up and up. If it’s legit and you want to join me in this quest, just send cash to Fudrucker and me here in Old Greenwch. We’ll take it from [...]
June 30, 2009
Dealbreaker: Bernie’s gonna be just fine
Darn it, they may be right.
[I]t’s probably just going to be a lot of monotony, which will be boring but let’s be honest– he’s a 71 and the alternative, had he not run into some legal troubles, would’ve been puttering around Boca with Ruth squawking in the background. With this new change in life plans, [...]
June 30, 2009
End of quarter activity
This waterfront Riverside home was never listed but it sold today for $12.8 million. Not bad. Owner paid $12.5 for it in January 2004 but I do believe direct waterfront is the last best hope for anyone who wants to come close to breaking even on his purchase these days.
On a lesser scale, 236 Palmer [...]
June 30, 2009
Madoff victims – cry me a river?
There are certainly some unfortunate tales of people who entrusted their money to Bernie Madoff only to have that trust betrayed. And then there are those like Helen Davis Chaitman, who seem less deserving of my concern.
Today’s New York Times covers her thus:
“The S.E.C. has done nothing to enforce the Securities Investor Protection Corp.,” said [...]
June 30, 2009
All real estate is local but ….
Case Shiller Index doesn’t have anything encouraging to say about new home prices. Down 40 – 50% from peak, with more room to go.
June 30, 2009
The tax man leaveth
As reported here yesterday, this will be Lou Caravella’s last term as tax collector. So far, Walter Noel has yet to take up this blog’s suggestion that he run to replace him but he’s probably giving it deep thought. The $95,000 salary may not keep the creditors away from 175 Round Hill but it would afford [...]
June 30, 2009
Off to open houses – here’s Walt’s favorite poem to contemplate while I’m gone
Hay for the Horses
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He had driven half the night
From far down San Joaquin
Through Mariposa, up the
Dangerous Mountain roads,
And pulled in at eight a.m.
With his [...]
June 30, 2009
Price cut
80 Birch Lane. Bought for $1.385 million in 2002, town 70% assessment $1.578, first price in March ‘09, $3,295 million. New price today, $2.495. Getting there.
June 30, 2009
New construction at 63% of ask
6 Loading Rock Rd, on the market since January, 2008 with an original asking price of $3.695 million, sold yesterday for 63% of that, or $2.350 million. Over a year ago a client asked me about this property and I advised her to wait until the builder was ready to hear an offer of $2.3. The [...]
June 30, 2009
Sex offender in Old Greenwich!
Police arrested one David Weil, a former financial advisor convicted of doing to a fifteen-year-old client what his peers do to older clients with impunity, at that hotel on Shore Road. I assume this is the guy, reported back in 1996 in the Daily News. Sam, “Why can’t I ever shut up?” Romeo was the first [...]
