634 North Street, a dreadful example of failed architecture, has never sold since its builder erected it in 2007, when he priced it at $7.495 million, and continued to repel buyers even after he increased its price to $8.950 in 2008. He's rented it out since then, and did drop his ask to $7.499 in 2015, but today it's back, at $10.950.
Who among us hasn't appreciated the jollity occasioned every time we pass this vulgar, pretentious house crammed next to the North Street entrance to the Merritt Parkway, so out-of-character with Greenwich architecture, erected by a Louisiana developer? But enjoying a good joke and actually buying it are two separate things: so far, in eleven years, no one's stepped forward to pay for the entertainment, or being the new butt of the joke.
I predict that this new price increase will only delay the appearance of the greater fool, who surely is out there, at some price.