
62 Ridge Street Open House
So they opened this place up to brokers' inspections today and, after commenting yesterday on the curious logic that prompted its builder to increase its price to $7.5 million, I thought I'd go see what he was selling. Hmmm.
If this place were to have replaced my father's old Brownstone on 233 West 11th Street, I'll bet he would have been delighted at the exchange. It's a very nice city house and in the city, views and proximity to neighbors are pretty much irrelevant (or at least I think so - I was ripped from the bosom of Greenwich Village and transported to the rural wastelands of Greenwich when I was just a few months old, so my memory of the view from that Brownstone is dim). But this is not a city house, and the view of the Honda dealership and the old warehouse where I used to grind up horsemeat after school is certainly interesting, but not necessarily what someone expects when he moves to Greenwich.
Or I wouldn't think so, anyway. The house itself is grand, although I wish Greenwich's spec builders would stop outfitting their creations with the same Viennese crystal chandeliers that some supplier obviously got a deal on - I've seen the identical fixture scattered around three houses now (this one has three of them!)and while the builders obviously love them, they bring to mind General Patton's comment when someone mistook the ivory grips on his Colt .45 with pearl: "Only a pimp in a New Orleans whorehouse or a tin-horn gambler would carry a pearl-handled pistol"; I think he'd feel the same way about these bits of glass. Price isn't everything, guys.
So is there a buyer for a $7.5 million house in this part of our "downtown"? I'd have advised any client of mine against gambling that there was but I wasn't asked. And considering those chandeliers - well, it was Patton who used the phrase, "tin-horn gambler", not I.
11 comments:
So, for about that much money you can get a Mariani house on several acres.
For about that much money, you can live in that nice townhouse on Milbank (the yellowish one).
Why you'd pay that to overlook Honda and hear the train 3x an hour is beyond me. I have no idea what that builder was thinking. Wouldn't a smaller home, or a two-family, be more reasonable? Who in their right mind would buy this?
CEA
Chris,
I know you love to bash Realogy....perhaps their pain will brighten your day.
-Stanwich
http://ny.therealdeal.com/articles/realogy-reports-50m-in-losses
I saw that news about Realogy yesterday and thought I'd lay off - I'm waiting for their debt leverage to violate the covenants of their loans, when everything will be called and realogy will go poof! Any day now, I figure.
CEA, for that kind of money I'd bet you could get any Mariani house, and he'd be glad to get it! Trains go by 8X an hour, at least during peak: Express and local eastbound and west bound on the half hour. 2X2X2
Of course, on the bright side, you'll barely hear the train over the noise of I-95!
Hey - don't these numbers make those Chieftans houses -as described in prior posts -a value?
Take one that is 5-6 years old with some acreage and bring it up to 2008 finish?
Sure you can't walk to the train, but is the trade off size, privacy and equal quality of the construction?
Anyone able to compare?
Both my dog and cat love horse meat - Chris - wasn't there a pencil factory close by - seems to me I remember a box car coming in to unload heavy boxes of unfinished wood for pencils to be made. Oh - well - I could be wrong - too! If I recall correctly - Ted Moody - Moving and Storage - was called upon to unload them.
Ok, we should run a pool as to the final selling price of this unit and those two behind Whole Foods. Perhaps its cruel and in poor taste, but I can't resist throwing it out there. Especially given just how delusional the builders of these extrordinary properties seem to be.
-Cos Cobber
Cos Cobber: my husband and I were debating this just last night!
We think in the $4's for Ridge St, if he's lucky. It should be split into apartments and sold.
And I think the Mariani Dairy Road and Sabine Farm houses go for <7 mil. Meadowcroft I can't even fathom what it will need to drop to. And Tommy Hilfiger, good luck to him.
CEA
I do have to get a pool going and just as soon as I get all the builder suggestions together (they came in via voicemail, email and comments) I'll start a contest. I have my wn dark thoughts on any number of houses currently for sale in town but, while I have a number of cashless bets going with my brother, I don't dare post them here and run afoul of the dreaded realtor grievance board (did you know that such a board exists and did you know that they don't make their decisions public? Now there's a watchdog!
News to me - Chris - interesting!
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