Chieftains continues its sorry decline

16 Chieftans has sold for $2.450 million. That's not all too bad a price for something the owner paid $3.3 for in 2011, but new in 2000, it sold for $3.2 million which, by my handy inflation calculator would have been $4.655 in current dollars. Compare this house to what the same money would buy you in Cos Cob, or Old Greenwich north of the Post Road, and the disparate values are astonishing.

The bloom's off the rose for this west side development.