Not a purchase I'd have recommended, but what do I know?

It went nowhere, fast, and is bound to sit for a while more

It went nowhere, fast, and is bound to sit for a while more

After eight years of being kicked around by the market, 30 Oneida Drive has sold for $3.8 million. It started at $6 million in 2010, which was silly, but even $3.8 seems high, to me. It's a 1.4 acre waterfront lot in the R-20 zone, though, so if the buyer can chop it into two building lots and gain permission to build two new houses where this wreck now stands, it could make sense. Given the neighbors around here, and our P&Z, the new owner is going to need deep pockets and a load of patience before he sees the fruit of his labors.