On a happier note, a grand home on Keofferam has a buyer

39 Keofferam, Old Greenwich, $3.150 million, is reported as pending. I wrote about this property two weeks ago, praising it, but noting that it sold for $3. 250 million in 2007, and wondering how such a great house could drop in value after extensive renovations and an addition of 1,000 sq.ft. I still don’t have the answer for that, but I’m glad to see that someone else saw the merits of this home,