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.

Best Of Greenwich

 

 

Greenwich Agenda

  • Seaside Center: Shoreline Seining and Plankton Tow

    2014.07.20
     @ Seaside Center

    Help us gather plankton and see what creatures are living in our ocean’s water! Examine microscopic organisms caught in our plankton net...

  • Cool and Collected ‘14

    2014.07.10
     @ Kenise Barnes Fine Art

    (Gallery 1) Featuring artists:  Carla Goldberg, Melanie Kozol, Francis Sills, and Eve Stockton Summer exhibition at Kenise Barnes...

  • Magazine Mavens | New Canaan, CT

    2014.07.07
     @ Greenwich Education Group New Canaan Campus

    A Summer Magazine Publishing Workshop for Aspiring Young Writers Calling all aspiring young writers. This July, Greenwich Education Group...

  • Richards: Semi Annual Sale | Greenwich, CT

    2014.06.16
     @ Richards of Greenwich

    Starting June 16th going through mid-August is Richard's semi annual sale. All Spring clothing will be marked down! Further markdowns will...

  • TREEHOUSES: Look Who's Living in the Trees!

    2014.06.21
     @ Stamford Museum & Nature Center

    Saturday, June 21 - Monday, September 1 Hidden in the leaves, snug in the trunk or burrowed under the roots, what types of animals actually...

  • Exhibit: Tales of Two Cities: New York & Beijing | Greenwich, CT

    2014.05.03
     @ Bruce Museum

    May 3 – August 31, 2014 Tales of Two Cities: New York & Beijing This exhibition focuses on two of the world’s leading...

  • Seaside Center: Squid Disection

    2014.07.16
     @ Seaside Center

    Join us for a special opportunity to learn all about these fascinating mollusks! Call (203) 637-3515 or email seasidecenter@brucemuseum.org...

  • Wine Time Social Hour | Greenwich, CT

    2014.01.27
     @ Barcelona Greenwich

    $4.00 select wines, $4.00 well drinks, and $3.00 beers.

  • Happy Hour | Greenwich, CT

    2014.01.26
     @ Morello Italian Bistro

    Refresh yourself with our famous Red & White Sangria! Don’t forget that during happy hour every day 4:30pm-6:30pm your 2nd drink...

  • Happy Hour Beauty Thursdays!

    2014.06.30
     @ ELLELA Cosmetics & Lashes

    Our Summer Happy Hour Beauty Thursdays are back at ELLELA Cosmetics! Hit the top of Greenwich Ave from 4pm to 8pm for the BEST Blowouts before...

  • Tree-Mendous Treks

    2014.07.10
     @ Stamford Museum & Nature Center

    Thursdays, July 10 - August 21, 3:30 - 4:30 pm After visiting our new exhibit, TREEHOUSES: Look Who's Living in the Trees, join one of...

  • Greenwich Harbor Sunset Wine Cruise | Greenwich, CT

    2014.06.05
     @ Delamar Hotel Dock

    The boat "Prudence" departs from the Delamar Hotel Dock on 500 Steamboat Rd. All the wine is sponsored through VALS with food...

  • Seaside Center: Coastal Scavenger Hunt

    2014.07.03
     @ Seaside Center

    Timed for low tide exploration. A scavenger hunt for nature’s treasures. 11:00 am: July 3, 17, 31, Aug 14, 28 3:00 pm: June 26, July...

  • Seaside Center: Seaweed Pressing

    2014.07.18
     @ Seaside Center

    Look at the different seaweeds around Greenwich Point and learn about their role in the marine ecosystem. We will end with a seaweed pressing...

  • Seaside Center: Arts and Crafts

    2014.07.18
     @ Seaside Center

    Let your creativity float free! Practice the art of Gyotaku fish prints; make a sundial, a shell wind chime, or fish bowl! Activities vary every...

  • Vals Free Weekly In-Store Wine Tasting | Greenwich, CT

    2014.05.09
     @ Val's Putnam Wine And Liquors

    Each Friday we feature new wines just released and new to market for you to have an opportunity to taste and learn about through our sponsored...

  • College Application Boot Camp | Greenwich, CT

    2014.08.02

    College Prep 360 will be offering two college admissions “boot camps” in their Greenwich office over the summer. The first workshop...

  • SAT & ACT Prep Classes

    2014.08.02
     @ Greenwich Education Group

    If you are planning on taking the SAT or the ACT in October or November, this is an ideal time to start your preparation! Once school begins,...

  • Greenwich: Creativity for Kids Hosts Creativity Day

    2014.08.02
     @ Smart Kids

    As a part of their U.S. movement, Creativity for Kids and Faber-Castell will be hosting a special Creativity Can event at Smart Kids on August...

  • Fabulous Forests Summer Family Campout

    2014.08.02
     @ Stamford Museum & Nature Center

    Saturday, August 2, 5:30 pm - Sunday, August 3, 9 am Discover the wonders of the Stamford Museum & Nature Center "after hours"...


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