I never used to cover rentals; now they're where the action's at

27 A Bayside Terrace

27 A Bayside Terrace

The builder of 27 Bayside in Riverside listed it when it was completed in April 2018 for $3.995 million, and has gotten nowhere despite dropping the price to $3.395. So he put it up for short term rental a few days ago at $21,000, furnished, three-month minimum, and has already rented it, for $22,000.

And the traffic roar of I-95 drifting across the harbor will make the visitor feel as though he never left home

And the traffic roar of I-95 drifting across the harbor will make the visitor feel as though he never left home

Shelter in (your summer) place? Not necessarily a smart move

Ready the ACK ACK guns

Ready the ACK ACK guns

The rich are fleeing New York for Nantucket, exchanging one death trap for another.

Despite the area having just one hospital, two dozen beds and three ventilators, the super-rich are still fleeing to their summer palaces on the tiny isle of Nantucket, Mass. — which saw its first case of the COVID-19 infection on Sunday. Officials are now begging them to stay away during the coronavirus pandemic.

Nantucket is a “medical desert,” Nantucket Cottage Hospital CEO Gary Shaw told the Lily, noting a shortage of doctors and the fact that there are no intensive care units on the island. “I have 14 beds and three ventilators. It’s straight math . . . If anyone gets a hangnail, they get shipped off to Boston.”

… Shaw said he’s turned on the refrigerators at the island morgue.

If New Yorkers feel they really must swarm out from the City, and who can blame them, I’d suggest Greenwich as a better destination than Nantucket; it’s closer, there are fewer people from New Jersey and, while your chances against dying in Greenwich Hospital are no better than at any other Third World health facility, your grieving relatives will be treated to lovely player-piano tunes in the lobby and served genuine Starbucks lattes while on death watch. Be considerate.


Jesus, you mean all this fuss has been for nothing?

Eggs: they’re not just for Easter anymore (and definitely not for breakfast)

Eggs: they’re not just for Easter anymore (and definitely not for breakfast)

GOOP psychiatrist, she of the stone-eggs-up-the-vagina routine, says that the corona virus kerfuffle is all in our heads.

Kelly Brogan (who has an MD from Cornell University and a master’s from MIT, according to her website) said in a video posted on Facebook last week that there is “potentially no such thing as the coronavirus” and that the reported deaths from the virus are “likely being accelerated by fear itself.” Further, she “personally [doesn’t] believe in germ-based contagion.”

Okay, one more refugee rental, then I'll quit

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27 Vineyard Lane, empty and unwanted as a purchase, was listed for rent at $12,500 six days ago and has rented for $13,000.

The phenomenon started appearing a couple of weeks ago but it’s now spreading as fast as Andy Cuomo’s Kung Flu Express

UPDATE: I know, I promised I’d stop reporting on these, but one more anyway. It’s hard to resist, because this phenomenon is the first sign of any form of life in our market in a long time. The rentals probably won’t translate into sales after the bug crawls back to China, but who knows? Greenwich is a lot more pleasant than NYC, in many ways.

6 Deer Lane, listed at $45,000, rented for $45,000, three days. It’s a spec project, never lived in, that began at $8.675 million last year and was looking for $5.995 when this epidemic offered a lucrative, albeit stop-gap solution.

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Cuomo bares his chest, PJ media's Sarah Hoyt had already refuted him before he'd even doffed his shirt

The last NY politician who tried this didn’t fare so well

The last NY politician who tried this didn’t fare so well

EOS sent along this:

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Earlier this morning, Sarah Hoyt wrote an article for PJ Media addressing stupid statements like this, entitled, “If it saves one life, it’s totally worth it?

As deaths from the Xi Flu mount in the U.S., the media keeps announcing them as if it’s absolutely the end of the world. I have no idea what we’ll be up to by the time this article goes up, but I’d guess probably around 500 or a little under.

And sure, it’s easy to get panicked by that. Five hundred is a lot of dead people.

If you tell people on social media that yeah, it’s a big number, but not as much – not by far – as the number of annual flu deaths in the U.S., you’re going to get called a monster, asked what if this person were your spouse, your mother or your child, and told that all these measures, and destroying our economy, are completely worth it, if we ‘save even one life.’

But the problem is that you can’t save that one life. Not forever.

And given the average age of the people dying of the Xi-Flu, the truth is that if they don’t die of this, they will die of the next epidemic cold or flu (btw, did you know China now seems to have an outbreak of a new bird flu?) that comes near them.

It’s terrible, but it is also part of the human condition.

….

Now both the number of active cases and the number of deaths are going to go up, as more tests become available. And knowing our media, they’ll report being infected as a death sentence. Which it is not. The highest mortality rate is in the 80+ age range, with significant comorbidities and even that isn’t precisely 100%. In fact, it’s around 10%. Horrible of course, but not a death sentence.

But, you’ll say, what if it were your grandmother? Isn’t it justified to put everyone under lockdown and extreme emergency measures and destroy the economy to save your grandmother?

My personal grandmother, if she were still alive, and they told me I’d need to kill all of you in batch lots to keep her alive – and get to have tea with her – one more day? Let’s just say I’d prefer not to be tempted.

However, that doesn’t make it a good idea.

Why not?

Because by sacrificing our wealth, we’re sacrificing our ability to care for other grandmothers in the future. Absent in the barrage the media is blasting at people is that part of the reason for the triage – known as letting people die – in Italy is the lack of money for the medical system. Now, part of this is because it’s government-run, part is because the Italian economy has been sinking for several years.

Which means that by destroying the economy we’re condemning a lot of grandmas to death. (And that’s without taking into account how poverty increases illness.)

But let’s say – for the sake of argument – we take the left’s idea that it’s worth putting everyone on lockdown to avoid one death.

Well, guys, we’re in trouble now.

Because the number of people who die in the U.S. every year from the strangest things is through the roof.

[read the whole thing]

Greenwich Time does its best to whip up fear

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Implication here is that Kung Flu has placed 16% of our nursing home patients on respirators, but is that true?

16% in CT nursing homes on respiratory care

The first indication of coronavirus community spread was in a Washington state nursing home.

In Connecticut, we’ve seen older people more at risk for being hospitalized once they contract the virus, and it’s not a surprise.

According to an analysis by the Kaiser Family Foundation, 16 percent of the state’s 22,653 nursing home residents are already receiving respiratory care.

Wow, that’s a lot! 16% of 22,653 is 3,624 old people on respirators (and0.48 of another one, but we’ll ignore her). But in the same paper, though not in this article, is a report that CT presently has 415 known cases of Kung Flu, out of 45,000 people tested.

Yes, of course, a reader can put these two disparate articles together and see that the real number of elderly patients on respirators because of the Chinese Virus is not anything close to 3,624. The point is, Greenwich Time deliberately drafted its headline to create that impression.

And “respiratory care” itself is undefined in the article. There’s a huge difference between a respirator and a ventilator: one is a paper mask, the other is a machine that breaths for a patient. So how many of these patients are on one or the other? Neither the headline nor the article itself says, probably because the cub reporter on the job doesn’t know that the two are distinct.

Medical ventilators are sometimes colloquially called "respirators", a term stemming from commonly used devices in the 1950s (particularly the "Bird Respirator"). However, in modern hospital and medical terminology, these machines are never referred to as respirators, and use of "respirator" in this context is now a deprecated anachronism signaling technical unfamiliarity. In the present-day medical field, the word "respirator" refers to a protective face mask.

Take your pick

Times Square Subway

Times Square Subway

Both see the peak coming quickly, though Cuomo obviously foresees a far greater disaster than the professor. My inclination in deciding between competing theories like these is to ask cui bono? In this case, a liberal Democrat who seeks national fame, other people’s money and a reworking of the social order to his liking, or a medical expert who wouldn’t appear to seek any of those things? My money’s on the academic, but we need merely wait to see.

Cuomo: Coronavirus ‘spreading through NY like a bullet train”

“The rate of new infections is doubling about every three days,” said Cuomo in a press briefing at Manhattan’s Javits Center, currently being converted to a 2,000-bed hospital complex.

“We’re not slowing it, and it is accelerating on its own,” said Cuomo. “The [disease] forecaster said to me, ‘We were looking at a freight train coming across the country.

“We’re now looking at a bullet train.”

The increased rate led Cuomo to project that the worst could hit in as little as two to three weeks.

“It accelerates the apex, to a point where it could be as close as 14 to 21 days,” he said. “The apex is higher than we thought, and the apex is sooner than we thought.

Nobel laureate: Coronavirus turning point in U.S. will be earlier than predicted

The US will see a turning point in the battle to contain coronavirus sooner than expected, according to the Nobel laureate who correctly predicted when China would get through the worst of its crisis.

Stanford University biology professor Michael Levitt, who won the 2013 Nobel Prize in chemistry, said his models don’t support predictions that the virus will wreak months or even years of social disruption or cause millions of deaths, the Los Angeles Times reported.

“What we need is to control the panic … we’re going to be fine,” assured Levitt, who correctly predicted early on that China would get through the worst of the outbreak by mid-February.

His optimistic report on China said the country would peak with around 80,000 cases and 3,250 deaths. He was not far off: China has reported 81,588 cases with 3,281 deaths as of March 24.

Now Levitt is looking at 78 countries that have reported more than 50 new infections each day.

He said he focuses on new cases — as opposed to overall totals — and sees “signs of recovery” in each of the places.

“Numbers are still noisy, but there are clear signs of slowed growth,” Levitt said, without offering a concrete date for when the US may see its turning point.

The US has confirmed more than 46,000 cases, resulting in at least 593 deaths as of Tuesday afternoon, according to figures from Johns Hopkins University.

Levitt acknowledged that not all cases have been detected in some countries, but their death tolls are on track with his findings, the outlet reported.

Though fatality rates are higher than the flu, Levitt said the pandemic is “not the end of the world,” according to the outlet.

“The real situation is not as nearly as terrible as they make it out to be,” Levitt told the newspaper.

And just to annoy readers who are offended by mention of these things, I ran across this just now, from January, 2014:

Historian says Spanish Flu originated in China

While some researchers have pointed to a military camp in Kansas or the front-line trenches in France as the breeding ground for the disease, a Canadian historian believes he has discovered evidence to support those who theorized that the “Spanish flu” actually started a world away in China.

According to a new article published in the January 2014 issue of the journal War in History, historian Mark Humphries of Canada’s Memorial University of Newfoundland points to newly unearthed records to make the case that the lethal influenza pandemic first appeared in China in 1917 and then exploded across the globe “as previously isolated populations came into contact with one another on the battlefields of Europe.”

UPDATE: Here’s a fun fact from CBS, January 2014:

In 2014, older Americans fell 29 million times, leading to seven million injuries, according to the report out today in the U.S. Centers for Disease Control and Prevention’s Morbidity and Mortality Weekly Report.

About 2.8 million cases were treated in emergency departments, and approximately 800,000 seniors went on to be hospitalized for fall-related issues. 

More than 27,000 falls led to death. 

We'll probably see more of these

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Back in 2016 the owners of 65 Clapboard Ridge Road put it up for rent at $35,000 and four months later settled for $26,000. Last week they tried again, at $39,000, and got it immediately. Closed yesterday at full price.

The owners paid $10,000 for the house in 2007 and have been trying to sell it since 2015, when they started at $11.9 million. The sales effort has been unsuccessful despite steady price-cuts, but its appeal as a temporary refuge from the crowded streets of Manhattan has certainly soared in tandem with the rise of Kung Flu.

And there are a lot of big, empty mansions in the backcountry, each sited well away from the festering crowd. Watch for a parade of newcomers at Whole Foods and Citarella.

UPDATE: From this morning’s Hot Sheet;

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UPDATE: Prediction confirmed

4 Keofferam Road, Old Greenwich. Offered at $15,000 for short term rental four days ago, rented at $20,000 today.


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NYC's Health Commissioner seems to have been a tad optimistic

Okay, maybe we should have put that another way

Okay, maybe we should have put that another way

In searching the web to make sure that NYC’s Health Commissioner did in fact issue the Tweet reprinted in the previous post — she did — I also ran across this interview, conducted January 28, 2020:

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Barbot took the opportunity to dispel what she called "misinformation" circulating on social media: that Chinatown should be avoided and that there was scientific evidence proving the virus could be contracted from a person not exhibiting symptoms. 

"There is no reason to avoid subways or restaurants or to change your daily routine," Barbot said.