Okay, one more refugee rental, then I'll quit
/27 Vineyard Lane, empty and unwanted as a purchase, was listed for rent at $12,500 six days ago and has rented for $13,000.
The phenomenon started appearing a couple of weeks ago but it’s now spreading as fast as Andy Cuomo’s Kung Flu Express
UPDATE: I know, I promised I’d stop reporting on these, but one more anyway. It’s hard to resist, because this phenomenon is the first sign of any form of life in our market in a long time. The rentals probably won’t translate into sales after the bug crawls back to China, but who knows? Greenwich is a lot more pleasant than NYC, in many ways.
6 Deer Lane, listed at $45,000, rented for $45,000, three days. It’s a spec project, never lived in, that began at $8.675 million last year and was looking for $5.995 when this epidemic offered a lucrative, albeit stop-gap solution.