65 Patterson Ave.At the risk of seeming downbeat
you're looking at the only house to go to contract in all of Greenwich this week. This property has been on the market since November 2007 and was priced then at $3.595 million. It was dropped to $3.295 million in April and didn't sell, so it wouldn't surprise me to learn that it's selling for less than that.
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7 comments:
Nice to know there is a buyer - somewhere out there!
Given the location, it seems to me that the buyer might well have been Brunswick or, more likely, Greenwich Academy. Word is that GA's balance sheet is much stronger than Brunswick's these days.
But how many kids at both those schools have parents who work, or worked, on Wall Street?
Chris, I was unclear: I meant the school ITSELF might have been the buyer, not a family with kids attending the school. Those places seem to be eternally in search of faculty housing, and this would be a sweet location for a senior administrator from either institution.
No, I understood you, I was just commenting on the strength of GA's balance sheet. It may be strong this year but next year ...?
Brunswick has way too much debt on its balance sheet. Its a total mess.
I don't think GA is in the same situation.
Cash Is King- at G A - Chris!
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