After nine years and eight million dollars in price cuts, 24 Khakum Wood Road has a contract. Listed for the past year at $6.650 and certainly selling for less, Ogilvy launched it on the waters back in 2008 at $14.5.
One Ashton Drive is reported pending, last asking price $4.290 million. The owner paid $5.125 for it in 2007, which was his misfortune, but his first agent priced it at $6.7 in 2014, which was just stupid. This agent, eventually, dropped it to what turned out to be a marketable price, and it's selling,
Ken York put up a half-acre waterfront property at 206 Shore Road at $3.850 million, it sold yesterday for $4.325. There are buyers out there, and they're ready to pay, but it's a transparent market, and when you display an indifference to reality, they shy away - I have a stable of would-be-buyers to attest to that. Ken set this price at the low end, plenty of people saw it, and bid it up.
And that's how it should work: don't drive buyers away, draw them in.
The painting illustrating this post, by the way, was done by the owner, Bob Fujitani, who made his living as a comic illustrator, but is a gifted artist in more conventional formats as well.
'She misses a first serve and Venus is all over her,' Adler said. 'You see Venus move in and put the guerrilla effect on. Charging."
ESPN viewers went nuts over the word they heard, and ESPN immediately fired Adler.
Court papers ... point out that 'Guerrilla Tennis' was the name of a Nike TV ad from the 1990s featuring Andre Agassi and Pete Sampras.
'Obviously, (Adler) saw that commercial many times and the phrase became widely used by those who actually understood tennis vernacular and followed the sport closely,' the lawsuit claimed.
In a statement emailed in January to The Associated Press, ESPN said it had pulled Adler from broadcasts.
'During an Australian Open stream on ESPN3, Doug Adler should have been more careful in his word selection. He apologized and we have removed him from his remaining assignments,' the statement read.
"You might understand that 'guerilla tactics' refers to sudden feints or ambushes," ESPN spokesman Kenneth Boarsuck told FWIW, "but our core tennis audience is comprised of country club liberals who consider their domestics to resemble gorillas, so when they hear the word, they go batshit crazy; in their minds, they're not supposed to think that, and so, naturally, neither should ESPN commentators. Adler had to go - that simple."
For the third time and heading into the 2017 spring listing season, General Electric CEO Jeff Immelt and spouse Andrea have cut the price of their New Canaan mansion, now listed at just over $4.7 million.
After initially listing their home at 705 West Rd. in May 2016 at $5.5 million, the Immelts shaved $500,000 from the price last October, dropping the price below the $5.3 million they paid for the property in 2001 a year after its construction in a gated cul-de-sac.
New Canaan's real estate market has been dead since Bear Sterns went belly-up in 2008 and wiped out that firm's young Turks, who for some reason, all chose to live there, and with GE leaving the area, who's left to buy expensive homes? (There's my childhood pal from Riverside's Summit Road, Chase Carey, but he already has one.)
Immelt is buying, or has already bought, an $8 million triplex in Boston, so if he were a normal human, he'd drop the New Canaan place down to a salable New Canaan price - maybe $3.5? and get on with things, but I can't imagine he really cares, so he can leave it to his agent to deal with, and one day, at some price ....
If one exists - I have my doubts.
293 Riversville Road, a foreclosure property, is back on the market, now asking $2.695 million, which in my opinion is as unlikely to bring success as its previous iterations, but that's not my point. My point, or as Walt would put it, MY POINT is that this is a 1794 home, yet the stager has dragged out her same tired collection of very bad 70s furniture and animal skin rugs to decorate the place.
Please: just leave it alone; we'll get it. Or not, but at least we won't have to look past and through an awful collection of kitsch.