Fuld's AcresWanna buy a house?
I figured that Dick Fuld was too busy to invite me in for a cup of coffee this morning and escort me on a photo tour of his cottage at 717 North Street, but here's the entrance. Very nice, and I suspect that it nicely balances his $26 million coop in the City.
You know, my father pulled a few of his Wall Street connections years ago and got me an interview with his best friend, Bill Golden, who mentored me when I'd just graduated college and was considering: Wall Street or law school? I concluded that I was strong on communicative skills and weak on math so I chose law school (reading his obituary linked here, I just discovered that Mr. Golden hated math too - darn!). Now I learn that all these "math wizards" were just making up the numbers as they went along - shucks, had I known that, I could be living where Dick does now, instead of being relegated across the street, snapping pictures with my iPhone. Too late smart.
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Fuld's Acres
Wanna buy a house?
Yes! Yes! I already put dibs on it in an earlier comment. Gorgeous lawns, decent pile of bricks, and conservation land all around it - what's not to love? Can I get it for pennies on the dollar like Lehman stock? Pretty please?
>>Can I get it for pennies on the dollar like Lehman stock? Pretty please?
Sadly, if this thing continues, perhaps yes.
Are there any historians out there who can tell us what happened to real estate in Greenwich during the 1930s?
I wasn't around then, but many of the mansions built in the 20s sold at distress prices after their owners jumped out of windows in October, 1929. Things were basically flat in the 30s and 40s. Post-war, Havemeyer Park was developed as housing for veterans, with houses going for $12,000 to $15,000. Prices rose, albeit slowly, in the 50s and 60s, and by the mid-70s were starting to appreciate at a noticeable rate. By the 1980s the yuppies and Eurotrash had discovered Greenwich, and things went downhill (socially) from there. Prices, however, went up. Historic houses came down. McMansions began to blight the landscape. And we all know the rest of the story....
Here you go, Chris! Tour of the mansion...
http://cityfile.com/dailyfile/1854
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