Price cut

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167 Zaccheus Mead Lane, down to $7.995 million from its original price of $10.5. The original 1904 structure is quite beautiful, as are the grounds, and the sellers obviously poured a lot of money into bringing it up to date.

Unfortunately, they also tacked on an addition that's pretty damn hideous (on the exterior - inside is a japanesy tea-room sort of arrangement that might go better with a more modern house).

Maybe a new owner could just raze that part and return the house to its original grace.

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Scott Frantz finally puts his Mead Point property up for sale - correction: Scott sold it to the current owners in 2015

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Sold it in July of that year, when I'd headed to Maine to be with my son, and I missed the transaction.

602 Indian Field, $49,000,000. 11 acres of land, 8 acres of pond, it's certainly the prettiest lot (2 lots, actually) in Mead Point and arguably the nicest piece of land on our Greenwich waterfront. 

And It's got The Orange

And It's got The Orange

Why does Bloomberg keep picking on us?

They're out today with a renewed demand that we "tax the rich"

They're out today with a renewed demand that we "tax the rich"

CT Teachers pension fund earned 3.2% last year, instead of the projected 8.5%.

For Connecticut’s pensions, investment forecasting is the triumph of hope over experience. 
The state’s $17 billion teachers pension returned an average of 3.2 percentage point less than its 8.5 percent assumed annual rate of return between fiscal 2001 and 2015, the sixth-widest gap among 112 state retirement funds over the period, according to data compiled by the Center for Retirement Research at Boston College. The difference between assumed and actual returns of Connecticut’s municipal employee and state workers pensions wasn’t much better, ranking eighth and 15th-widest, respectively.
The failure to meet such targets is significant because governments need to boost contributions to make up the difference. Doing so would worsen the financial squeeze on Connecticut, which was downgraded by all three major credit-rating companies this year because of its budget deficit.
“Eight-point-five is delusional".