"Those were the days my friends...

...they thought they'd never end" - and they're back for some areas of Greenwich - but not for back country - therein lies opportunity.

Take 170 Old Mill Road - just listed yesterday. It was purchased by the current owner in 2006 for $8,850,000 on an asking price of $,9,400,000. The buyer probably thought that he got a great deal at the time.

Today it's back for $6,900,000 - hurts.


It's been rented (although not through a realtor - through a friend, friend of friend, or party whisper) - so that part of the property history is not visible on the MLS. I met the renter at a public open house recently - my guess is that one of the properties in pending status within the same brokerage got his business...going directly to the listing broker...just a hunch based on his MO :-)


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