An impressive flip, unnoticed by me until just now

Because he so infrequently posts (about one month or so), I tend to forget to check brother Gideon’s own blog, Greenwich Bored and Razed, but I just did, and learn that I missed a $1,000,000 flip of 37 Tower Road in Riverside last August: There was $6.3 sale in April, and another would-be buyer paid that person $7.3 in August.

Lucky (former) owner. The builders didn’t fare so well: they priced their project at $7.995 in 2017, and finally settled for the aforesaid $6.3. But such is life. Flips like this don’t happen often, but in Greenwich, where wealth is unlimited, disappointed buyers do occasionally pay extreme premiums to get what they want (check the link to Gideon’s post for other examples).

. God bless them, says I.