Market blahs

  140 Park Avenue

140 Park Avenue

140 Park Avenue, Greenwich, has closed at $1.9 million. That's not bad; it was listed for $1.995, but the last time it sold, back in 2004, it was listed for $1.799 and a bidding war drove it up to $2 million. It took longer to sell this time, and it brings to mind the era when land in Greenwich appreciated. 

Nice house, by the way, if someone wants a great almost-in-town location for not a huge amount of money.

  19 Desiree Drive

19 Desiree Drive

The seller of 19 Desiree Drive must look back on that era with longing, for the house he bought new in 2004 for $4.9 million has just sold for $3.1. Ow. On and off the market since 2010, it started at $5.595, but it wasn't meant to be.