A flu-inspired shot in the arm? I'm cautiously optimistic

New construction at 206 Stanwich Road, $5.950 million, has a contract after just 74 days. For many, many decades, Greenwich was able to distinguish itself to new York residents because of Connecticut’s lack of an income tax and (relatively) sound fiscal management. Those features are gone, but now we have another draw: low density, nice yards, and no subways. Judging from sales activity these past two weeks or so, New Yorkers are rediscovering the benefits of suburban living. Whether that’s a temporary phenomenon that will disappear as the panic ebbs, or a long-term shift, it’s too soon to tell.

But if you’ve been tempted to leave town for more hospitible climes these past years, now might be an excellent time to cash in.