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Springing Ahead



photograph: bob capazzo

For nearly as long as this magazine has been around, April has been our annual real estate issue. Each year we have looked at the various indicators of change, taken the temperature of Realtors and lenders, and explored the number of homes sold, mortgage rates, and average home prices. Most of the time it was a happy subject to discuss because the news was well, frankly, always good. God bless the bubble over Greenwich.

But come 2008 the story changed dramatically when that proverbial bubble burst. What followed was fear, finger-pointing and financial heartache for many. But the clouds have parted and the outlook is far from what it was five years ago. Sales are up, inventory is down, new houses are being built and the spec house has returned. In short, the news is good again.

In “The State of Real Estate in Greenwich” (page 88), veteran real estate writer Chris Hodenfield explores the questions and issues influencing the market today. Where is the big money being spent? Does that $90 million penthouse on Park Avenue affect Greenwich prices? How does the influx of foreign buyers impact your home value? It is an interesting look at where we’ve been, where we’re headed, and how we’re getting there.

Amidst the great news that things are looking up, it’s important to also remember that no matter what the market is doing, a house is more than a brick and mortar investment. It is the place we go to recharge and regroup—it welcomes us after long days and serves as a place of refuge when life is less than easy. So in this issue we also showcase a portfolio of gorgeous homes that make a jaw-dropping first impression (“A Grand Entrance,” page 78). Homes that say: Everything is going to be just fine.

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Greenwich Agenda

  • Parties at the JCC Center

    2014.09.02
     @ Stamford JCC

    A place to celebrate birthdays and special occasions. Be a guest at your own party! The JCC offers a wonderful space for you and your guests to...

  • Flinn Gallery Art Opening

    2014.10.30
     @ Flinn Gallery 2nd floor

    "IN FOCUS" OPENING RECEPTION -  Thursday October 30, 2014 6-8pm. "IN FOCUS"features seven artists' visions in...

  • Antarctica: Photographs by Diane Tuft

    2014.10.28
     @ Bruce Museum

    October 28, 2014 - February 1, 2015 Selections from Gondwana, Images of an Ancient Land Bruce Museum, 1 Museum Drive, Greenwich, CT...

  • Exhibition: Northern Baroque Splendor

    2014.09.20
     @ Bruce Museum

    Northern Baroque Splendor. The HOHENBUCHAU COLLECTION from: LIECHTENSTEIN. The Princely Collections, Vienna September 20, 2014 - April 12, 2015...

  • Exhibition: Native American Pottery from the Bruce Museum Collection

    2014.11.22
     @ Bruce Museum

      Generously underwritten by Gabelli Funds and The Charles M. and Deborah G. Royce Exhibition Fund Over the years, the Bruce Museum has...

  • The Best of 2014: Cecile Chong, David, Ruth Hiller, David Licata, Loanne Mattera, Jill Parisi, Kristen Thiele

    2014.11.08
     @ Kenise Barnes Fine Art

    GALLERY I Dates: November 8 – December 22, 2014     Opening Reception: November 8, 6:30 – 8:00 PM Public Invited THE BEST OF 2014:  Cecile...

  • 6th Annual Greenwich Reindeer Festival & Santa’s Workshop

    2014.11.28

    Santa and his LIVE reindeer - Dancer, Dasher, Prancer and Blitzen, are coming back to town for the 6th Annual Greenwich Reindeer Festival &...

  • IMAGINE CANDY- SWEET TASTINGS!!!

    2014.10.24
     @ Imagine Candy

    Imagine Candy located in Scarsdale Village- Winner of 2014 Best West of Westchester by Westchester Magazine- holds a Belgian Chocolate and Candy...

  • Christmas Tree and Wreath Sale for Charity

    2014.11.29
     @ First Congregational Church of Greenwich

    O, Christmas Tree; O Christmas Tree Buy your tree and help those in need this Christmas! It’s time for the annual Christmas Tree and...

  • "Paper & Stone" an exhibition by Ellen Gordon & Sary Backer at the Loft Artists Gallery

    2014.11.01
     @ Loft Artists Gallery

    Paper and Stone” An exhibition by Sary Backer & Ellen Gordon November 1 - November 30th Artists’ reception: November 8th from 4 – 6 PM...

  • Family Gallery Tours

    2014.10.26
     @ Bruce Museum

    Designed for children ages 6-10 and their families, these tours will provide an interactive, discussion-based tour of the museum’s current...

  • Tuesday Toddler Tours

    2014.11.04
     @ Bruce Museum

    Children ages 3-5 and their adult caregivers are encouraged to come explore the Museum’s collections and exhibitions through picture books...

  • Greenwich Gives

    2014.12.02
     @ Greenwich Avenue

    Looking for a fun way to complete your holiday shopping and give back to your community?    On December 2, 2014, local non-profits...

  • Breast Cancer Alliance Holiday Gift Boutique

    2014.12.02
     @ Greenwich Country Club

    More than 40 skilled artisans, designers, and purveyors of finely crafted goods and provisions will showcase their wares at the Breast Cancer...

  • Holiday WOW At Your Front Door!

    2014.12.02
     @ Garden Education Center of Greenwich

    Beautify your entrance way with luscious holiday evergreens, berries, pinecones and more, sure to last throughout the dreary winter...

  • Exercise as Treatment for Chronic Pain

    2014.12.02
     @ Noble Conference Room Greenwich Hospital

    Presented by Greenwich Hospital and Orthopaedic & Neurosurgery Specialists Exercise as Treatment for Chronic Pain Tuesday, 12/2/14 at...

  • Israeli Film Series | Bethlehem

    2014.12.02
     @ Stamford JCC

    Join us throughout the year for award-winning films direct from Israel that will show you Israel through the lens of a movie camera. Following each...

  • Holiday Della Robbia Wreath

    2014.12.03
     @ Garden Education Center of Greenwich

    Create a lavishly decorated live wreath for your home this holiday season with Maureen FitzPatrick. Using a variety of real...

  • Picture This with Authors Lisa Barr & Gabrielle Selz

    2014.12.03
     @ The Drawing Room

    Authors Lisa Barr & Gabrielle Selz Bring Their Stories of Passion, Chaos & Intrigue from the World of Modern Art to Greenwich...

  • Holiday Tea

    2014.12.04
     @ Garden Education Center of Greenwich

    Back by popular demand!  An elegant multigenerational holiday tea party featuring a delightful afternoon tea, delicacies and a gift...


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