Is This A Zippy Market?

1 Bramble Lane, Riverside, asking $4.295M, now has deal, my guess, closes around $4.150M. Back in June, 2008, the builder unloaded it for $4,050,000, probably thinking he’d made a narrow escape, but Riverside hung in there!. Can any other part of Town promise that kind of hold on value? List: Russ Pruner  Sell: Barbara Wells

Those who know me well, know that I don’t throw words like “zippy” around lightly. No, I understand the significance of the word, and only use it when absolutely justified. Therefore, let me state for the record that we are experiencing a ZIPPY market!

Am I aware that the dominant political party in Hartford has taken us down the road-to-ruin, to the point where our finances now resemble pathetic Puerto Rico and Illinois? Yes, I am aware. If you actually add up all the (un-payable) billions and billions and billions we owe to the municipal-union pension funds, the State of CT is already effectively bankrupt. Not pretty.

And yet… people clearly still want to live in Fairfield County. Why is this? Are they unaware of the impending doom? Do they think a (Republican) savior will emerge?

Who knows. What I do know is that last year, as of this date, we’d had 89 closings. This year, same time period, we’re up to 169 (plus another 73 pending). That’s serious improvement.

The fly-in-the-ointment *? Of course, it’s the super high-end, just 3 sales this year for $8M+. 3 sales! Now we only have to get rid of the other 68 sitting on the market and we’re home free!

So why do Greenwich sales start to dwindle down when you pass the $6M mark? The reason stated above, certainly, but added to our miserable State financial picture, there’s the State’s continuing “war on the rich”, and the very, very rich don’t have to take it. If you’re a poor schlub barely making enough to spend $5,000,000 on a home, your work probably still ties you to the New York area. But I guarantee you that the $20,000,000 buyer is not tied to the New York area. And for now, that’s who’s leaving. You might think of them as canaries in the coal mine…

 

*how often is this a problem?

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Biggest Sale Of The Year?

60 Oneida Drive (within the Indian Harbor Association neighborhood), asked $21.9M, sells for $19.250M.

60 Oneida Drive (within the Indian Harbor Association neighborhood), asked $21.9M, sells for $19.250M. List: Shelly Tretter Lynch  Sell: Anne Ward

What? It’s January, for heaven’s sake, yer telling me someone can’t top a lousy $19,250,000 sale before December 31, 2017?? Yes, that’s what I’m saying and I base this prediction on my recent conversations with high-end buyers and fellow brokers.

Bloomberg estimates “equities’ global market value has jumped $2 TRILLION since the election”., so our high-end buyers are feeling confident of the future, right? The answer is yes and no. They are confident of the national economy’s continued improvement, but they are uniformly concerned about Connecticut’s economy and its tax picture. Not one buyer or broker I spoke to expects (those idiots in) Hartford to do anything but more harm to Fairfield County.

General Electric’s recent departure is certainly the biggest “canary in the coal mine” so far, but plenty of lower profile financial services companies and hedge-funds have also cleared out, not to mention a gun company or two.

So, as Connecticut’s Governor Malloy and his legislative allies proudly maintain our fair state’s “business unfriendly” atmosphere, most expect it to get worse this year. And let’s not forget our big, fat estate tax, which chases away older zillionaires on a regular basis.

So yeah, it’s great to see such a big land sale, it’s encouraging, by golly. I just wish it was the beginning of a trend.

Note: that address-link for 60 Oneida Drive works better on your desktop than your mobile device.

Chris von Keyserling Goes National

RTM member, Chris von Keyserling, on his way to full membership in the Tod Akin Club!

RTM member, Chris von Keyserling, on his way to full membership in the Tod Akin Club!

I knew this story had, shall we say, legs, when the details started to “evolve”. First it was a pinch on the buttocks, then it became “the groin area”, and finally, the media has settled on “genitals”. And the perpetrator, Chris von Keyserling, was quickly promoted!

His actual position as one of 225 members of Greenwich’s Representative Town Meeting, was determined to be not good enough for the media’s purposes, so he immediately became a “Republican official’, then that was improved to a “Republican politician”, and now, in addition to the last two, he’s risen to “Chair of the RTM”. Isn’t it amazing how, with a little media help, his career is improving!

Oh, and the incident occurred at our local old folks home (Nathaniel Witherell Center), but that was deemed an odd, possibly harmful detail, so now it’s become “an unnamed Town facility”.

Why all this trouble to “groom” the story? Why is it about to get the full NATIONAL MEDIA treatment? Because, unfortunately for the eccentric, often amusing Mr.von Keyserling, he has voluntarily provided all the ingredients of an irresistible story-line.

Whether you’re a recent graduate of the Howard Zynn School of Journalism, or a grizzled news veteran plugging away at your little New York Times cubical, you wake up each day with the identical agenda. It’s not actually written on parchment, framed, and hung on the wall of every newsroom in the country, but it doesn’t need to be, it’s understood by all…

Anything that embarrasses, disparages, or destroys Republicans will be immediately placed at the top of the news list.

Every day of their working lives, eager reporters sit and wait for something, anything that fulfills this mission. Whatever it is, whoever it is, they can use it.

And it doesn’t matter how obscure the political figure is.  Think Tod Akin, unknown Missouri US Representative, who made the idiotic remark that “legitimate rape doesn’t cause pregnancy”. Or remember that poor sap, Idaho Senator Larry Craig, caught nudging his foot against another chap’s in an airport men’s room? Or Congressman Mark Foley, discovered sending little love notes to a male intern? You wouldn’t know any of those names if they’d been Democrats, and their stories, if they were exposed at all, would never have travelled beyond the borders of their individual states. Sadly for them, they were Republicans, so they were elevated to national status.

So, sorry Chris, old chum, but that’s the world we live in. You have unfortunately become “useful” to the media machine, and you will now be used and used, until a better story comes along!

 

 

 

 

 

 

The Trump Press Conference

Like me, you are endlessly fascinated by politics, to the point where you even go to YouTube and watch old JFK press conferences, which are really, really entertaining.

But there’s a difference between those days and the situation today. The press loved JFK and you can see and hear it in these videos. In contrast, the press has a deep, DEEP hatred and fear of Donald Trump, and in fact, it is their (latest) attempt to destroy him that prompted this press conference.

The video runs over an hour, but I think it’s the most compelling live-history I’ve ever experienced. This story about Trump and his alleged escapades at a Moscow hotel is classic political warfare, and the way he has handled it is very much worth watching.

P.S. At minute-25, Trump turns over the microphone for a few minutes as lawyer Sheri Dillon painstakingly explains the extreme measures Trump has taken to isolate himself from his businesses so as to avoid any possibility, any semblance of conflict of interest. Ms. Dillon is impressive, and her presentation is fascinating all by itself. If Bill and Hillary could have done even 1/100th of this, Hill would be the president-elect today.

 

Too busy to watch the video? Here’s Liz Peek’s excellent summation: http://www.foxnews.com/opinion/2017/01/11/liz-peek-most-impressive-aspect-trumps-first-press-conference-in-2017.html

 

 

Monday Night’s Debate Questions Revealed!

The always fair, always impartial, Lester Holt. Critics accuse him of clear bias in his (now revealed) choice of questions for the candidates.

The always fair, always impartial, Lester Holt. Critics accuse him of clear bias in his (now revealed) choice of questions for the candidates.

NBC has confirmed that unknown hackers were able to invade an internal e-mail system and gain access to news reader Lester Holt’s private communications. The hackers have released at least some of the questions that Holt planned to ask each of the candidates in the first of three Presidential debates.

Critics are already reacting to what they term “soft-ball” questions for Mrs. Clinton, but an NBC spokesperson said they stand by Mr. Holt’s question choices. You be the judge:

Question one, for Mrs. Clinton:

“Madam Secretary, you have been accused of caring too deeply about America’s children. How do you respond?”

Question one, for Mr. Trump:

“There are four rival factions fighting for control of Syria, the Harakat Hazm movement, the Salafi jihadists, the powerful Jabhat al-Nusra militia, and the Syrian Revolutionairies Front of Jamal Ma’arouf. Discuss each of these groups and tell us which, if any, should the US be supporting?”

Question two, for Mrs. Clinton:

“During your time in the White House with former President Bill Clinton, you had a beloved cat named “Socks”. What was his favorite food?”

Question two, Mr. Trump:

“How many of your children did you molest, and when did you stop?”

Question three, Mrs. Clinton:

“What are the three worst things America should know about Donald Trump?”

Question three, Mr. Trump:

“Economist Milton Friedman and others have long argued that the US economy’s “money supply” figures, notably M1 and M2, provide critical information about the near-term course of the economy. Should Central Banks and the Federal Reserve go back to a largely money supply-oriented view, or should the present course of relying on a wide array of financial and economic data be continued?”

Question four, Mrs. Clinton:

“You’ve said on a number of occasions that your favorite color is blue. Would you tell us why you feel this way?”

Question four, Mr. Trump:

“If you are elected, will you specifically rule out appointing former KKK leader David Duke as a member of your cabinet?”

 

 

 

Prez Obama Responds To The Next Terror Attack

President Obama, delivering just one of ten condolence speeches for future terror attack victims.

President Obama, delivering the first of ten condolence speeches for future terror attack victims.

Friday, July 15, 2016. Washington, D.C. In anticipation of at least ten more major Islamic terrorist attacks during his remaining time in office, President Obama today took the unusual step of pre-recording condolences speeches for each attack.

Mimicking the methods of television game shows, which record multiple episodes in a single day, the President wore different outfits for each speech, and limited his remarks to his usual platitudes about “bringing these perpetrators to justice”, “our hearts go out to the (future) victims”, and everyone’s favorite., “This has nothing to do with Islam”.

After the speeches, the President briefly spoke with reporters, taking issue with the website “TheReligionOfPeace.com” and its posting of the hundreds and hundreds and  hundreds of horrific Islamist attacks world-wide (http://www.thereligionofpeace.com/terror-2016.htm).

“The notion that listing all the attacks carried out so far this year, the number of victims, and the way they were murdered, does anyone any good is just wrong. All it does is attempt to distract us from the real threats we face, like climate change and police misconduct”., the President said.

 

Trump Campaign Manager Facing Additional Charges

Bored And Razed exclusive: actual photo, isolated from security film, of Corrie Lewandowski placing Whoopie cushion.

Bored And Razed exclusive: Actual photo, isolated from security footage, of Corey Lewandowski placing Whoopie cushion on reporter’s chair.

New information was disclosed today by Miami police regarding Trump campaign manager Corey Lewandowski’s brutal assault on reporter Michelle Fields.

Using forensic film analysis not seen since the massive, world-wide scrutiny applied to the famous “Zapruder film“, investigators have slowed down security camera footage and discovered additional crimes committed by Mr. Lewandowski.

microscopic, frame-by-frame review has revealed that Mr. Lewandowski not only  grabbed Ms. Field’s arm in a rude manner, but is also seen pinching the cheek of a startled Anderson Cooper and placing a “whoopee cushion” on the chair of an un-named reported who was mere seconds away from sitting down.

Both Cooper and the un-named reporter were taken to University of Miami Hospital where they were treated and released.

If you haven’t yet seen this 12-second video, it is presented below. Due to extreme violence, parents are strongly cautioned!