Okay, we can call off the financial crisis
7 Dwight Lane did find someone willing to meet the minimum bid of $2.5 million. This wasn't exactly what the IRS representative told me and a few other amused skeptics last month, when he insisted that his "biggest problem was only having one of these to sell" and assuring us that he had bidders lined up the door, ready to buy this dreadful property for far more than the minimum but a buyer was found among the 20-30 people who showed up to laugh.
The buyer was an elderly gentleman from, I think, out of town (ED - do non-Greenwich residents look different from us? Why, yes, I believe they do - besides, no one from Greenwich would think this place was worth what they bought it for). He and his 3rd (?) wife, who probably sprung him from the asylum just for the day, succumbed to the rep's rather unoriginal mantra of "Greenwich, Greenwich, Greenwich, location, location, location" and parted with their money - there's a picture of that act above.
Regardless, it did sell and out governmental coffers are now full. Let's all relax and enjoy the weekend.
Update
Greenwich Time reports that the befuddled buyer was a 68-year-old retiree from Scottsdale, Arizona (I told you he didn't look like he was from Greenwich - take that, Editor!). No pictures yet but Bob Luckey, GT photographer and one of the best in town, was on site so check the paper tomorrow. I snapped some shots with my trusty iPhone and will post a few as soon as I can abandon this worthless office Window machine and get home to my Mac.
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8 comments:
Unbelievable! Will the trophy wife sunbathe on the rotting deck, or swim in the forest growing in the pool? Will she offer the corucopia of mold in the lower level to the Greenwich school system? Will she entertain her lovers in the upstairs aerie her stair-challenged husband will be unable to reach?
Was there just the one bid? Even the Andrew Kissel foreclosure sale had 4 or 5 bidders, with two of them still going after each other when the others dropped out.
One bid, and one bid only and even that came only after 5 minutes of cajoling. You're right about the mildew - it drove everyonone outdoors and the auction itself was conducted on the front steps. Ugh.
Tim Smith must lead a charmed life!
I was just thinking earlier how unfortunate it is that the foreclosure process takes so long. By the time foreclosed homes come to market (several years), a good number of them have deteriorated past the point of redemption.
If there's that much visible rot on the exterior, I can only imagine what's living in those walls. Seen a couple of these beauts go to unscrupulous "flip-that-house" types. I'm sure they patch and paint over the rot and then offload it on an unsuspecting buyer. I guess that's when a buyer really needs a broker with perspective and ethics.
Ok, you got a good laugh from me. She could also be his 5th wife who used to be his nurse. Anyhow, hopefully they will demolish it and put something more appropriate on the land.
Any thoughts as to why Regis' house is still on the market? Did he buy something else in Greenwich?
Claudette
Claudette, it's hard to believe, but I don't follow regis's doings much - ask Suzie, my old newspaper's new columnist. As for why his house won't sell, send me the address and I'll tell you but, sight unseen, I'd suggest there's something wrong with the price - perhaps he should raise it?
We should be grateful that someone purchased this property - warts and all. At least it's a positive in the sales column and that's good for the community and the economy. At this stage, every bit of positive action helps.
I agree - an abandoned house drags everything down around it. God bless Arizonans (Arizonians?) and their money.
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