The market has become unhinged

23 Boulder Brook

23 Boulder Brook

23 Boulder Brook Road, 1961 construction, 6,200 sq.ft. has sold for $2.950 million. It went to contract on March 13, 21 days after it was listed at $2.995.

16 Boulder Brook Road

16 Boulder Brook Road

The buyer of 23 passed on 16 Boulder Brook, which was still available, and which closed June 1 for $3.2 million. 2005 construction, 8,000 sq.ft., it had sold new in 2007 for $5,832,000.

The town appraises 23 Boulder Brook at $2,780,500, and No. 16 at $4,896,500. Both numbers may be off, but they do show relative values.

A buyer may choose 1961, smaller construction over an 8,000 sq.ft. mansion as a matter of personal preference, but to pay almost as much for that older house as the new one indicates to me that we’re seeing panic buying and a divorce from reason.

Oh, if only they'll keep this up for another four months

Republican get out the vote drive

Republican get out the vote drive

NYC cops forced to retreat by protestors

Troubling video shows police retreating from City Hall protesters after an early Wednesday clash — hours after the City Council passed its budget, including $1 billion in cuts to the NYPD.

“Whose streets? Our streets!” roared the protesters as they filled the sidewalks.

Another clip shows protesters mocking cops and singing, “Na na na na, hey hey hey, goodbye” as the officers approach the arch at 1 Centre Street.

As was the case Tuesday, tensions came to a head when protesters became enraged as police removed barricades they had illegally set up.

Video posted by Daily Caller reporter Shelby Talcottshows cops in riot gear moving the barricades away.

Officers are shown pushing through the crowd as the protesters shove back, some using their umbrellas to block or strike cops. One cop can be seen grabbing a person’s umbrella and throwing it on the ground.

One person claimed on Twitter that the NYPD stormed the protesters’ camp “full of aggression, looking to agitate,“ as “many where [sic] serving breakfast and cleaning.” But the video doesn’t back up that claim. All that is seen is police officers facing demonstrators who are camped out on the sidewalk.

i’ve been giving serious thought to liquidating my modest portfolio and putting it into cash or gold in anticipation of the Democrats taking full control of the country in November and bringing the economy and our 244-year experiment in freedom to a crashing, permanent ending, but if these rioters can just hang on, we might just make it for another few years.

Pending

We’ve discussed all these properties earlier and nothing’s changed with the houses themselves, only their status.

27 Midwood

27 Midwood

27 Midwood, $7.950 million.

275 Riverside Avenue

275 Riverside Avenue

7 Chieftans

7 Chieftans

7 Chieftans, $3.395.Even assuming the ultimate price is lower than this asking price, an unlikely assumption, the sales history of this house illustrates the decline of this development. Sold new in 2007 for $5.6 million, $4.5 in 2009, now this.

Still, there’s hope, because COVID’s pushing New Yorkers across the border and our western side may become popular with that market, in addition to its limited core of plane spotters.

Just in time for Independence Day: California Senate votes to abolish equality before the law

It’s no wonder our enemies are so eager to erase history or, you don’t know what you got ‘til it’s gone

It’s no wonder our enemies are so eager to erase history or, you don’t know what you got ‘til it’s gone

Out: all men are created equal. In: “L’état, C’ést Moi”

This is what they’ve voted to strike from the state’s constitution.

The state shall not discriminate against, or grant preferential treatment to, any individual or group on the basis of race, sex, color, ethnicity, or national origin.”

Havemeyer Park is hopping

Earlier this morning I wrote of 26 Wagon Road, priced at $899,000, going to contract in just 14 days and suggested that it was probably going to a builder, but perhaps an end-user might want to fix it up. Here are two sales reported today that illustrate those options:

46 North ridge

46 North ridge

46 North Ridge Road, nicely renovated and up-to-date, sold for $1.395 million after a bidding war that started at $1.325.

39 North Ridge (note 37, right)

39 North Ridge (note 37, right)

39 North Ridge, new construction, closed at $2 million. Its builder bought the quarter-acre lot for $965,000 (another bidding war; the owner had asked $799,000) in 2016 and then sat on it before beginning construction last year. It seems his timing was excellent.

Next door, 37 North Ridge, is still under construction and is priced at $2.795 million. Steep? I’m inclined to think so, but these days, who knows? We’ll find out. Land was purchased for $1.020 in May 2018.

37 North Ridge

37 North Ridge

Snow catchers on an asphalt roof: affectation for a slate wannabe or a new development in roofing techniques? (UPDATE: It’s not asphalt — perhaps rubber slate?)

Snow catchers on an asphalt roof: affectation for a slate wannabe or a new development in roofing techniques? (UPDATE: It’s not asphalt — perhaps rubber slate?)

But don't they know we voted for Kerry?

How could they do this to me?

How could they do this to me?

Seattle’s mayor outraged that her BLM CHOP friends land on her front yard

Durkan released a statement expressing her anger at the protest. She was especially upset that Seattle City Council member Kshama Sawant had joined the protesters at her home.

“Mayor Durkan and her family are in the state program to keep their address confidential because of the death threats mostly related to her work as Seattle’s U.S. Attorney under President Obama. Instead of working to make true change, Councilmember Sawant continues to choose political stunts,” read the statement from her office.

“Tonight she did so without regard for the safety of the Mayor and her family. The Mayor was not even home — she was working at City Hall. Seattle can and should peacefully demonstrate but should not put families and children at risk,” the statement concluded.

 Activists Set Up Guillotine In Front Of Jeff Bezos’s D.C. Home, Call For Amazon To Be Abolished. 

The Girondists always fall to the Montagnards in the end, yet they never see it coming.

Smart move

2 Widgeon Way was listed at $2.7 June 4, dropped to $2.4 on June 15 and today was dropped to $2.3. in this market, if your house isn’t attracting offers, you’re way too high and you’re foolish to delay recognizing that.

I know nothing about the dynamics of this listing but it has all the hallmarks of a listing that comes on at a price the owner thinks is right, and then begins to listen to his agent.