Everyone loves an auction
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8 old round hill road
A reader has alerted me that, a judgement of foreclosure by sale having been entered, an auctioin of 8 Old Round Hill Road is scheduled for this coming November 15th*. That doesn’t mean an auction will actually take place that date, because these sales are often delayed, sometimes for years, while one or more defendants try various delaying tactics, including filing applications for bankruptcy, which stays all proceedings, but one defendant, Spencer Lambert, has filed a “disclosure of no defense”, another, Attorney Tom Ward, has been dropped as a defendant (Tom was only dragged into the litigation in the first place because he was serving as trustee for certain funds, and never had a dog in this fight), leaving only Spencer Lambert’s ex-wife to drag things out.
Will she? Stay tuned. In the meantime, here’s my original post on the subject from last May (I note that, although the original debt was $18,000,000, the amount claimed due in the pleadings is a mere $4,605,771.09. The plaintiff bought the loan from the FDIC (receiver of the failed First Republic, probably for pennies on the dollar, so what does it care?). And as a further caution, the court-appointed appraiser who valued the property at $8,975,000 did so based on only an exterior examination; it may very well be a wreck inside, and probably is – see below for a recital of ex-wife Sheri’s neglect and failure to maintain the property, including her refusal entry by a plumber to repair a burst water line caused by a failure to keep the place heated.
All that said, it’s 15,645 sq. ft. and an Alex Kaali-Nagy design, built to the highest standards back in 2002, so it should have been able to withstand almost any period of owner indifference; caution is our watchword here.
Back to the topic at hand: here’s that original article, as promised before I got sidetracked:
The saga of the 8 Old Round Hill Lane foreclosure action seems to be drawing to an end, especially now that one of the defendants has filed a “Disclosure of No Defense”.
A cautionary note: the couple has, I believe, long-since been divorced or at least has been involved in lengthy, adversarial litigation*, and the wife, who has been enjoying sole possession of the premises, seems to have neglected to perform needed maintenance on the structure, so who knows what condition it’s in?
*- Police: Woman drove through garage door
Updated Jan 24, 2012 10:04 p.m.
Sheri G. Lampert, 54, of 21 Meadowcroft Road, was charged Monday with breach of peace and second-degree criminal mischief after she drove a vehicle through the garage door of a Doubling Road residence, police said.
Arriving officers observed a woman standing on the front steps of the residence, screaming at the door, police said. The vehicle had front-end damage, with pieces of wood sticking out of the hood, police said.
The garage door was also damaged, police said. Lampert admitted driving the vehicle through the door, according to police.
Lampert is scheduled to appear in state Superior Court in Stamford on Wednesday.
I wrote on this subject 10 years ago: The Curse of Greyledge Continues
Shari Lampert (not the Sears Lamperts) has had quite of time of things since she and her now former husband Spencer razed Col. Bolling’s estate, “Greyledge”, at 133-137 Doubling Road back in 2007. Her latest bid at notoriety is reported today after being arrested for teeing off on her house keeper with a five iron back in June.
One June 29th, police received a complaint of a physical altercation between an employer and her housekeeper. Police say 56-year-old Shari Gay Lampert had a tumultuous argument with her housekeeper and demanded restitution for the alleged damage the housekeeper had done in Lampert’s home while employed there. During the argument, Lampert wielded a golf club toward the victim before entering the victim’s car to take the victim’s purse and remove all of her cash from it. An investigation determined that there was enough evidence to arrest Lampert for larceny and disorderly conduct, police said. Lampert turned herself into Greenwich police Friday on an arrest warrant and was charged. Lampert was released on $2,000 bond and will appear in court August 1st.
Ms. Lambert seems to have some anger issues – she was arrested in January, 2012 for driving her car through the garage doors of her husband Spencer’s new digs, again in May, 2012 for a “domestic dispute”, and, it appears, a few other times as well.
Like Dunellan Hall (Helmsley’s Folly) up on Rogue’s Hill, which has seen nothing but tragedy since it was constructed in 1918 , the Bolling estate’s streak started with the death during WW 1 of Colonel Bolling himself and now, it seems, extends to it’s latest owner. These days there’s nothing left of that estate, but the land remains and can be yours for $10 million (and my guess is for far less). The question is, who would risk the wrath of the Bollings?
*Latest docket entry:
One further caution: there’s no guarantee that the Zebra that came with the place back when it sold to the Lamperts in 2008 for $10,100,000 is still there — it could have gotten waterlogged from that burst pipe, and been removed.
