When Titans Clash

Well, “clash” is a harsh word, but still, when master brokers David Ogilvy and Jean Ruggiero come together as listing broker and selling broker, it just has to make for some interesting phone calls, don’t you think? Wish I coulda heard ’em!

Anyway, get together they did, and they’ve sold 37 Meadow Wood Drive for $4,800,000, which is $800,000 more than it sold for in 2004.

List:  David Ogilvy

Sell:  Jean Ruggiero

37 Meadow Wood Drive, deep in the Belle Haven section of town, sells for $4.8M.

37 Meadow Wood Drive, deep in the Belle Haven section of town, sells for $4.8M.

How Do You Know It’s Worth 3 Million?

I wrote recently about a group of waterfront sales in Old Greenwich/Riverside that were all in the $5,000,000+ range and how useful it was to us brokers who, if we’re doing our jobs honestly, are always in need of fresh comparables, in order to convince buyers of market value.

Now I have a new group of useful comparables for a completely different category:  “$3-4M, central Greenwich”.

6 recent sales, mostly new construction, these will help all of us experts figure out what the next ones should actually sell for.

Moral of the story? Comparables, it’s all about comparables, because…. You can’t sell if nothing’s selling!

450 North Street, started out at $6.899M back in Feb. '09, has finally sold at $3.675M.

450 North Street, bound on either side, by Copper Beech and Joshua Lane, started out at $6.899M back in Feb. ’09, has finally sold at $3.675M.

Back From St. Barth’s! (According To Chris Fountain)

St. Barth's beautiful "Saline Beach", not a nudist in sight that day!

St. Barth’s beautiful “Saline Beach”, not a nudist in sight!

CORRECTION (see below): Not 84 recent deals so far this year, it’s 87.

Yep, the vacation has ended so it’s back to work, earning money to keep Governor Malloy and Prez Obama in fresh cash! The highlight of the trip? Once again, my villa was right next-door to ditzy zillionaire “Beyonce” and yes, she seemed hard at work rehearsing her next lip-synching job, this time for the half-time show at SuperBowl XLVII on February 3rd, can’t wait!

How’s the market? Based on conversations with fellow brokers, things continue to hum along nicely, and it even appears that prices are rising in all categories, the first time I’ve been able to say something like that in about 6 years.

Here’s what’s happened since January 1st:

25 house sales

7 condos sales

And…are you sitting down?

EIGHTY-SEVEN accepted offers & executed contracts, zounds, that’s a heck of a lot of activity in 28 days, amazing.

How Many Deals Since January 1st? How’s About 78!

Well dammit, I didn’t keep track of this last year, so it’s impossible to prove* that 78 deals is a big number, but my instincts tell me it is.

78 deals (and it’s only just January 22!)

Among the 78, 7 Larkspur Lane, off Round Hill Rd, $7.695M, comes with 2.26 acres PLUS, a 2-acre extra lot.

Among the 78,: 7 Larkspur Lane, off Round Hill Rd, $7.695M, comes with 2.26 acres PLUS, a 2-acre extra lot.

* The MLS system is great for tracking sales, but once a property closes, its “contract status” disappears, so you can’t search for, say, “accepted offers between Jan. 1, 2012 – Jan. 22, 2012″…..understand? No? Too bad.

The Spread, Norwalk’s Newest Restaurant

Oh come on, I said Norwalk, not Westport, fer cryin’ out loud!  Susie and I got to the front door of this place, from central Greenwich, in about 17 minutes, no biggie.  Exit 14, head straight, go down the hill, bang a right, and you’re there, park right in front…easy-peasy.

What You Get

There’s a really cool bar, glass-walled kitchen, beautifully “eccentric” furnishings, but most important, amazing food, prepared by the former chef at Napa, in Stamford, all for about 1/3 less than the typical Greenwich joint. So go, what’s stopping you?

Note: As always, this is a free plug (but one of these days, I’ll wise-up)

The Spread web-site

photo-1

The Spread, 70 North Main Street, South Norwalk (just before the movie theatre).

Linwood Barclay, Liberal

Yep, this chap’s a big lib, no question about it. Unfortunately, he happens to write great books like the one I just finished called

Trust Your Eyes

(He’s also written No Time For Goodbye, Fear The Worst..stuff like that)

As if that wasn’t enough, he writes really funny columns like

It’s Time to Protect Toronto’s Cars From Reckless Pedestrians (making fun of Toronto Mayor Rob Ford, who all liberals hate because why? He’s conservative, duh.

Ok, so big deal, he’s a liberal who writes great thrillers and funny columns, what’s the problem? Only that, for some of his fictional characters, he uses details from well-known situations but then changes one critical detail, their political affiliation.

For instance, in Trust Your Eyes, “Morris Sawchuck”, the crusading New York Attorney General who hopes to run for governor, happens to be a philandering serial skirt-chaser, whose last wife killed herself in the barn on their estate. Sounds like a delightful combination of Democrats Elliot Spitzer and Robert Kennedy, Jr., right? But no, liberal Linwood simply can’t resist making him a Republican!

Think of it this way; if one of the characters in a book you’re reading is described as a conservative politician who gets caught trying to bump feet with a guy in the next stall at a public restroom (Idaho Senator Larry Craig), but the author makes him a Democrat, wouldn’t you find that annoying? And the book contains numerous other examples of needlessly inserted political opinion, all of it anti-Republican, anti-conservative.

I guess what I hate is this left-of-center “template” that seems almost inescapable, whether it’s a murder mystery, a magazine, a web-site, a textbook, a newspaper; you name it, it’s all infused with liberal dogma. Doesn’t anyone question authority anymore?

Linwood Barclay, damn good writer.  Too bad he can't keep his politics out of his mysteries!

Linwood Barclay, damn good writer. Too bad he can’t keep his politics out of his mysteries!

Linwood Barclay, Liberal

Yep, this chap’s a big lib, no question about it.  Unfortunately, he happens to write great books like the one I just finished called

Trust Your Eyes

(He’s also written No Time For Goodbye, Fear The Worst..stuff like that)

As if that wasn’t enough, he writes really funny columns like

It’s Time to Protect Toronto’s Cars From Reckless Pedestrians (making fun of Toronto Mayor Rob Ford, who all liberals hate because why? He’s conservative, duh.

Ok, so big deal, he’s a liberal who writes great thrillers and funny columns, what’s the problem?  Only that, for some of his fictional characters, he uses details from well-known situations but then changes one critical detail, their political affiliation.

For instance,  in Trust Your Eyes, “Morris Sawchuck”, the crusading New York Attorney General who hopes to run for governor, happens to be a philandering serial skirt-chaser, whose last wife killed herself in the barn on their estate.  Sounds like a delightful combination of Democrats Elliot Spitzer and Robert Kennedy, Jr., right?  But no, liberal Linwood simply can’t resist making him a  Republican!

Think of it this way; if one of the characters in a book you’re reading is described as a conservative politician who gets caught trying to bump feet with a guy in the next stall at a public restroom (Idaho Senator Larry Craig), but the author makes him a Democrat, wouldn’t you find that annoying? And the book contains numerous other examples of needlessly inserted political opinion, all of it anti-Republican, anti-conservative.

I guess what I hate is this left-of-center “template” that seems almost inescapable, whether it’s a murder mystery, a magazine, a web-site, a textbook, a newspaper; you name it, it’s all infused with liberal dogma.  Doesn’t anyone question authority anymore?

Linwood Barclay, damn good writer.  Too bad he can't keep his politics out of his mysteries!

Linwood Barclay, damn good writer. Too bad he can’t keep his politics out of his mysteries!