Riverside land: 8 days, full price

Gone with the wind

11 Dialstone, 0.22 acre, asking $1.095 million, has sold. I called it a "no-brainer" back at the beginning of the month when it was reported under contract, and it was. The trouble with the resurgence of building in Riverside (and it barely went away, even in the crash) is that there are no more starter homes - builders can afford to outbid end users, because they can make so much money on small lots and dated houses, which will be torn down, not repaired.

That's not a bad thing for property owners or for our tax base, but it's frustrating for agents representing young families hoping to move into  this section of town. Fortunately, there are other areas in Greenwich where the completion is less, like Chickahominy, Cos Cob, and the section of central Greenwich once referred to (by lady real estate agents who "did lunch") as "the Golden Triangle".