Pending on Parsonage Road
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15 Parsonage Road, 2004 construction, priced at $5.995 million, is reported pending after 23 days on the market. Built by BSF, who built some high-end, high-quality homes in Greenwich, and may still be doing that; I’ve lost track of them. My personal gripe about their designs was that there really seemed to be just one: close your eyes upon entering, and if you’ve been in one of their homes before, you’ll be able to navigate the next one blind. But that was a quibble, unless you happened to have friends with a BSF home themselves, and you wanted to be one up on them; very good quality, regardless.
A reader/builder on this blog set down some rules of construction here just last week: one of them is that no construction project in the history of the world ever cost less than was budgeted, and another was that end-users of new construction rarely make out financially, and that seems true here: they owners paid $5.7 million in 2004 and, even before Biden go ahold of the economy, inflation’s been greater than this small price increase.
It’s a pity that they ran out of money, and couldn’t continue the stone facade around to the back of the house, but that’s okay: my grandfather and his friends used the same technique in Hollywood back in their day, and they made out just swell. Heck, when he died of alcoholism in 1936, age 39, Gramps was under contract with MGM for $500,000 per, which, adjusted for inflation, was probably more than Brad Pitt made portraying him in “Babylon” this year.
