I think it will take a couple of years to see whether this is a tend

for sale.jpg

House inventory soars in Fairfield County. But Greenwich listings drop 15%, so …..

Is the $10,000 federal cap on property tax deductions causing homeowners to bail? Maybe long term, as residents look with alarm towards Hartford and its plans, but I’d guess, completely without evidence, that, while prices will drop to reflect the new tax burden, buyers who want to, or need to, live near NYC will still come to Greenwich, and those already here will remain out of employment necessity.

But I’ll be watching our inventory with interest in the coming years.

On a happier note, a grand home on Keofferam has a buyer

39 keofferan.jpg

39 Keofferam, Old Greenwich, $3.150 million, is reported as pending. I wrote about this property two weeks ago, praising it, but noting that it sold for $3. 250 million in 2007, and wondering how such a great house could drop in value after extensive renovations and an addition of 1,000 sq.ft. I still don’t have the answer for that, but I’m glad to see that someone else saw the merits of this home,

It will happen, but probably not quickly, and probably not at this price

35 locust.jpg

35 Locust Street, nestled against our western border, has been placed on the market today at $3.595 million; the sellers paid $3.495 for it in 2014. A genuine antique (1802, with bits of it perhaps dating to 1750), with a couple of rental cottages that throw off enough cash to pay the mortgage, it’s bound to sell, but its location works against it. What was once a bucolic setting is now bounded by I-295 to its left, and Westchester Airport’s flight path overhead, and that’s a nasty combination.

The previous owners tried for $4.195 in 2011 and waited three years before a buyer appeared and paid them that $3.495. He, in turn, should be so lucky.

Mid-country price cut

46 sawmill.jpg

46 Sawmill Lane is down to $1.795 million, which represents a huge loss from its 2005 purchase price of $2.7. Maybe it’s a bargain now; I do know that I used that 2005 sale as a cautionary tale to my clients back then that the market had gone crazy.

But a nice house offering one-floor living, close to town. It’s in the North Street/Central school district, which is a plus, but I see this as more of a grandparent’s home.

West Virginian goat farmers will appreciate this

West Virginian goat farmers will appreciate this

Get woke, go broke

JUST GLUE IT

JUST GLUE IT

Duke star Zion Williamson’s Nike sneaker explodes, but fortunately for the manufacturer, Colin Kaepernick is unscathed.

“Meh” — Nike Chairman told FWIW, “we do social justice, not product. Some idiot in a Vietnamese sweat shop screws up and makes a bad shoe, who give’s a f**k? Coach Krzyzewski’s got his five-million for endorsing our crap this year, the kid’s gonna be better, sooner or later, so screw it, he’ll live; let’s Move On”

Death wish: Philadelphia GOP endorses a self-identifying mad woman for Mayor

Apparently she does have friends, and we should be glad and rejoice in that, for her sake

Apparently she does have friends, and we should be glad and rejoice in that, for her sake

She may be crazy, but this local GOP committee is in even worse shape

(Mind you, this article is from one of my favorite conservative websites, The Daily Caller.)

The Philadelphia Republican Party’s endorsed candidate for mayor, Daphne Goggins, hasn’t worked a paid job in eight years due to anxiety, depression and bipolar disorder, she revealed during a phone interview with The Daily Caller News Foundation.

Goggins became the first black woman to receive the endorsement of the Philadelphia GOP on Feb. 13, but her endorsement swiftly came under fire after one of her primary opponents, Billy Ciancaglini, said she hasn’t held a paid job since 2010 and has been relying on federal disability benefits to support herself.

The revelation prompted party chairman Michael Meehan to organize a meeting Monday with ward leaders to reconsider the party’s endorsement of Goggins. The disability benefits she receives are meant for people unable “to perform any job in the national economy,” Meehan said. “I think the mayor’s job is one in the national economy and is a sticking a point.”

The ward leaders voted 29 to 18 on Monday against reconsidering Goggins’ endorsement, solidifying the Philadelphia GOP’s support of her in the lead up to the May 21 primary.

Goggins, who is a ward leader herself, kept her colleagues in the dark prior to Monday’s vote regarding the conditions that qualify her for disability benefits. Goggins said in January she suffers from fibromyalgia, a musculoskeletal pain disorder, but told reporters Monday that isn’t why she collects disability.

Goggins, a 56-year-old single mother of three, revealed to The DCNF on Tuesday that mental illness is what’s kept her away from the paid workforce since 2010.

“The reason I was actually disabled is mental illness,” Goggins said in a phone interview. “I take a chance in saying this because I may lose some voters.”

“Bipolar disorder, depression and anxiety is what I treat for,” she said.

Goggins said her mental illnesses materialized after she stopped snorting cocaine in 2005.

“When I first got clean from snorting cocaine and being a functioning addict, I realized that my job was to stay clean,” she said. “As the years went on I saw the issues that I had. Then I got the breast cancer. Then the diabetes came along. I actually fell into a coma last year because I took the wrong medication.”

“I went from making $60,000 a year to living off of $600 a month and food stamps,” she said.

Goggins says she’s ready to re-enter the workforce after her nearly decade-long hiatus. Her first stop is the mayorship of the sixth-largest city in the U.S.

“I’ve managed my life enough to be able to be a mayor because I’ve worked on it and I have been endorsed by my party,” she said.

Goggins said she will only give up her disability benefits if she becomes Philadelphia’s next mayor.

Goggins’ primary opponent, Democrat-turned-Republican Ciancaglini, lambasted her justification to continue collecting disability while claiming she is fit to be the mayor.

“That is not how disability works,” Ciancaglini told The DCNF. “You don’t say, ‘I’ll get healed if I get a better job.'”

Goggins said she is “physically, emotionally and mentally capable of handling the duties of Mayor of Philadelphia,” in a statement Saturday in response to the revelation that she’s been on disability benefits for nearly a decade.

“If you can physically, mentally and emotionally do that, you can be a secretary, a teacher, a data-entry analyst,” Ciancaglini said. “Daphne wants to keep collecting disability by saying, ‘I’m unable to work,’ but yet, ‘I’m going to run for mayor, and if I win then I’ll say I’m healed.'”

When asked why she says she is capable of serving as mayor but won’t make efforts to reenter the paid workforce, Goggins responded: “So do they want me to give up my income now and not pay my bills?”

“I think I’ve gotten to the point where I can reenter the workforce,” she said. “Now, I’m not absolutely sure of that, and that’s the problem. You are never sure. Things happen. You’re never sure, but I’m taking this chance because I believe God wants me to.”

Goggins said she’s confident she has what it takes to serve as mayor of the sixth-largest city in the country because her cabinet would do most of the work for her.

Goggins was blunt about her chances to become the city’s next mayor.

“I’m going to be honest with you. Everything that I’ve done in my life I’ve failed at,” she said. “So chances of winning are just as good as chances of losing for me. So I’m going to say it’s 50-50.”

“But I don’t understand what none of that has to do with me,” said Goggins, who says her own mental illnesses shouldn’t prevent her from serving as mayor.

“Why should I be ashamed of having mental illness?” she asked. “I think that the voters of Philadelphia should get to decide.”

“And I think they just might choose me,” she added.

The odds of a Republican being elected Mayor of Philadelphia are approximately the same as the air suddenly disappearing from your living room, so no harm, no foul here, but … really?

Unlike some others who've seen their careers disappear in a flash of smoke, this idiot did it all by himself

Why is this man smiling?

Why is this man smiling?

Jusse Smolett is about to be indicted

Chicago police on Wednesday said they believe that “Empire” star Jussie Smollett made up claims that he was the target of a racist and homophobic attack — and evidence against him was being presented to a grand jury.

“Case Update: Jussie Smollett is now officially classified as a suspect in a criminal investigation by #ChicagoPolice for filing a false police report (Class 4 felony),” police spokesman Anthony Guglielmi tweeted.

“Detectives are currently presenting evidence before a Cook County Grand Jury.”

From what I’ve read, his greatest exposure comes from the penalties for federal mail fraud — he shouldn’t sent himself that threatening letter.

"New" in Riverside

107 meadow.jpg

107 Meadow Road, a 1925 mansion owner by the widow of Mr. Brace of Harcourt-Brace publishing fame, tried for $6.995 back in 2016, but because of severe deed restrictions that prevented any change in the exterior or any addition in space, its market value was hammered. Still. it did find a buyer at $3.7 million, and that buyer has restored and renovated it and today returned it the active listing list at $8.695. Hmm.

Meadow is a fabulous street in a great neighborhood, and this house, on three acres perched high above on the hill, enjoys a wonderful view over Od Greenwich Cove, so there’s nothing to argue about the setting.

Some may object to the house itself, however. The builders were constrained by those deed restrictions, so the house remains the same size: at 7,603 sq.ft. that’s hardly an obstacle, but they might have redone/rearranged that space, if permitted, and the garage remains a detached structure.

They did manage to install central air — I’d wondered whether outdoor compressors would be allowed — and replaced the old heating system, so that’s all to the good. I’m not sold on the kitchen, which seems to have retained its tiny, cramped size, albeit with modern appliances added, and the bathrooms, while updated, remain pretty-much what they were.

But it is a great location, so someone may fall in love with this grand old dame.

kitchen.jpg
It may not date to 1925, or even pre-war, but this pool could have used some updating after its service to the previous owner: at least, for $8.695, one might expect so. (By the way, I’ve never before seen staged pool statues — hope for low winds)

It may not date to 1925, or even pre-war, but this pool could have used some updating after its service to the previous owner: at least, for $8.695, one might expect so. (By the way, I’ve never before seen staged pool statues — hope for low winds)