[Edited at the request of the seller's lawyer - sorry!]
Another real estate web site, hooked on houses, has posted an interesting collection of interior shots taken at 1038 Lake Avenue, a house that has languished hidden from the market since it was first offered for $9.7 million in 2005. It’s down to a mere the astounding price of just $7.495 now (interesting, the latest listing doesn’t even bother to supply a description – I suspect someone’s getting tired of explaining the gloriously obvious features of this house) and, judging from the filings recorded against it in Town Hall, the sellers better get a move on before a sheriff does it for them – but that doesn’t mean that there’s even a whiff of financial distress involved here – you know public records – so often wrong!. But price alone may not be the sole reason for this house’s failure to sell. These are, according to the seller’s lawyer, “difficult times” - Boy, I hadn’t realized it but I should have, this house being dressed to kill and all that and still not selling. Here’s what it looks like.
UPDATE: Reader Lisa identifies this unfortunate situation gobsmacking example of the decorators’ art as a product of the design team Diamond/Baratta and by gosh, shes right. Here’s their site, in which they proclaim themselves “geniuses”. Only in New York or in this case, way the hell out in the sticks of out in bucolic Greenwich. Which gives me a thought: the owner of this house might be able to sell it back to the boys from NY to raze praise, and bury their mistake use as a demonstration of their brilliance forever. What price, genius?
35 Comments
June 3, 2009 at 8:04 am
And what’s wrong with clown-themed decor? Appeals to both sellers and any possible buyers
June 3, 2009 at 8:08 am
My eyeballs are burning from looking at the interior pictures of this home! uggghhhh
June 3, 2009 at 8:17 am
I just had a seizure from those pictures.
This is damn near criminal to do this to a home.
June 3, 2009 at 8:18 am
is this a stanley kubrick home?
June 3, 2009 at 8:18 am
ditto. Who the heck was the “decorator”?
June 3, 2009 at 8:21 am
Definitely a Diamond/Baratta decoration…..very distinctive, but not one of their better examples. They usually are beautiful, and exuberant with color.
June 3, 2009 at 8:23 am
Ick.
June 3, 2009 at 8:24 am
Someone should take a Baretta to the designer, in my opinion.
June 3, 2009 at 8:40 am
May already be to late. According to http://www.foreclosure.com the house is in preforeclosure (lis Pendens).
Property Information
Bedrooms: 5 Bathrooms: 7 Living Area Size: 9,648 Half Baths: 1 Total Rooms: 17 Lot Size: 182516 Style: Colonial Year Built: 1999 Day(s) On Site: 112
Property Tax Roll
Assessed Value: $5,180,560 Property Tax: $41,652
County Tax Roll
Lot Size: 182,516 Total Sqft.: 9,648 Taxable Value: $5,180,560 Year Built: 1999 Last Sale Date: 02/18/2000 Last Sale Price: $4,400,000
Foreclosure Information
Plaintfiff: Astoria Federal S&L Owner First Name: Steven P Owner Last Name: Braverman Published NOT Date: 04-09-2009 Fiscal Year: 2008 Last Sale Amount: $4,400,000 Last Sale Date: 02-18-2000 Filing Date: 04-09-2009
Loan Information
Last Mortgage Amount: $2,500,000 Last Mortgage Date: 05-11-2007
June 3, 2009 at 8:46 am
And who says high grade acid is getting scarce?
Clearly the designer responsible for this projectile-vomited dog’s breakfast must have done about 1,250 micrograms via a temple shot. Wavy Gravy would have approved.
However, coming down and discovering the results of this phsyco-journey must have been very disturbing.
June 3, 2009 at 9:20 am
I kinda like it…
June 3, 2009 at 9:33 am
Talk to me. We’ll offer $3.5 to the bank, see what they say.
June 3, 2009 at 9:52 am
Wow! I didn’t know all this history behind the house because I had only seen the real estate listing. Very interesting.
June 3, 2009 at 10:02 am
I recognized the distinctive D/B right away when it came up on the foreclosure sites…they are “known” in all the shelter magazines, featured at least twice a year. But the question is why?
FYI- everything they do is custom. everything. the fabrics, the rugs, etc. this was not a cheap decor, perhaps part of the problem?
June 3, 2009 at 10:34 am
That Parcheesi rug is top notch. I wonder if something like that can be purchased off-the-shelf.
June 3, 2009 at 10:34 am
That last room reminds me of those optical illusion rooms where you look like either a giant or a midget depending on where you’re standing.
I’ve seen a lot of decor that is generic and soulless and some that is aggressively weird, but never such a blend of the two. Is that how Diamond/Baratta markets themselves? “Our style? We like to call it generic quirky.”
June 3, 2009 at 10:36 am
blame abbey
June 3, 2009 at 11:46 am
hrm interesting site: foreclosure.com.
Been intersted in which house on Nawthorne is in preforclosure.
June 3, 2009 at 11:59 am
It’s the vacant lot, xyzzy, nice waterfront. Owners expected to build two houses on it, couldn’t, and now it’s going down.
June 3, 2009 at 1:18 pm
Ahh thanks. I figured it was that property but I wasn’t sure.
Haven’t looked at that property yet because I figure they gave the other house a right of way or something.
June 3, 2009 at 1:50 pm
Woulda been really cool if D/B had consulted on the outside of the house too.
June 3, 2009 at 1:54 pm
The visual equivalent of blasting Barry Manilow to Gitmo inmates.
June 3, 2009 at 7:04 pm
[...] other blog still has some of the photos and the original post about mine if you want to see it there, or read about the drama that has unfolded as a result on his site. He is fighting it and has [...]
June 3, 2009 at 7:14 pm
So that’s the work of trendy NY designers, eh?
Based on my experiences in Saudi Arabia thirty years back I’d have guessed it was something done up to please the tastes of nouveau riche Bedouins newly arrived in a city with indoor plumbing with their goats* and concubines in tow.
* Amazing, isn’t it, how many times those critters show up on this blog?
June 3, 2009 at 7:56 pm
Diamond/Baratta actually have a nice website with beautiful examples of their work, that’s most likely why they were engaged for the decorating, too bad they don’t live up to their website examples.
That home looks like it was decorated with carpets from discount chain stores.
June 3, 2009 at 8:21 pm
Looks like decorator and client were definitely tripping on acid to think up that decor…guided by the muses of Peter Max and Escher, and employing more money than taste…wow!
June 3, 2009 at 9:16 pm
nice to see so many acid references on a blog devoted to greenwich RE
June 5, 2009 at 11:22 am
Good luck with this. There seem to be some powerful people behind these letters, if the foreclosure records posted above are accurate.
June 6, 2009 at 9:01 am
[...] View original post here: Sometimes it's not just the price « For What It's Worth [...]
June 6, 2009 at 9:17 am
I wouldn’t feel too sorry for Mr. Braverman. He appears to be a bit of a ’shady character’ as my grandmother used to say.
http://13dtracker.blogspot.com/2007/07/is-super-secretive-hedge-fund-targeting.html
June 8, 2009 at 12:30 pm
“De gustibus non est disputandum.” I like it, too. It’s colorful, upbeat, happy. Might be nice to come home to this on a gray Monday.
June 8, 2009 at 1:51 pm
Top reasons why 1038 Lake Avenue is so wonderful:
1) It is an effective screening test for color blindness.
2) It shows very well because kids can mark up the walls with crayons while touring and no on will notice.
3) It’s both relaxing and captivating — it’s like one big screen saver.
4) Your teenager kids will not dare drink, because being drunk coupled with the decor = extreme nausea.
5) If your drunk teenage kids do get sick, the stains on the floor will not be noticeable.
6) Offers a real pick-me-up to counter the effects of prozac and lithium.
7) You have a valid reason to give your guests for wearing sunglasses indoors to look cool.
9) The look is timeless. It will elicit the same reaction in 20 years as it does now.
10) No more worries about those pesky red wine marks on the white carpet after parties.
June 8, 2009 at 10:04 pm
[...] One of my favorite Greenwich Real Estate Blogs, “For What It’s Worth“, had a recent posting about 1038 Lake Avenue in Greenwich. To make a long story short, he and another blogger posted some freely available pictures of the MLS listing on their blogs. The posting featured some hideous pictures of the interior of the home. Well, the homeowners attorneys had a hissy fit and sent a letter to owner of the site, Christopher Fountain, demanding he remove the photos of the home. Read all about it here. [...]
June 15, 2009 at 8:38 am
Thanks for the epileptic seizures. You really should put a warning on your site before revealing the photos.
June 24, 2009 at 2:55 am
Very nice place almost like palace,I will vote for it
Comments are closed.