WWTDD?

That means, of course, "what would The Donald do?". I don't believe Mr. trump has stepped foot in town since he abandoned the fair Ivana but even the master of bankruptcy might be stumped by the challenge of unloading certain land on Quaker Lane, way up off Riversville Road. This is a very nice parcel of land with a couple of old caretaker cottages but it's been kicking around for quite awhile. (Mr.Andrew Kissel may have had eye on it but if so he permanently lost interest in further projects after his misadventure on Dairy Road - the new house built where Kissel's body was discovered remains unsold, bye the bye, despite being marked down $10.750 to $8.950. Market conditions or psychological impact? I don't know).

The land was listed for $1.995 Million in April of '04 and sold for $1.650 in February of '05. So far, so good, but it was returned to market in April '07 for $2.495 and some of us, noticing that nothing much had been done to the buildings and that the land itself hadn't expanded thought, "huh?". The marketplace agreed and the price gradually kept dropping until, as the listing expired this past April, it could have been had for $1.995. Now it's back with a new broker and the price has been edged back up a jot to $1.999 million. I guess the new broker thinks things have improved since April.

I repeat that this is very nice land and will make someone a great building site but I suspect that the 2005 sales price marked its high water mark, at least for the foreseeable future. Time will tell and apparently, the seller has lots of that.