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.

 

Greenwich Agenda

  • The Many Faces of Multi Media

    2014.09.20
     @ Meli-Melo of Greenwich

    Dr. Julia Trebing, Director Creative Therapies in Stamford, CT exhibits her paintings at Meli-Melo Creperie & Juice Bar  during Sept...

  • The Food Network Open Casting Call for Home Cooks

    2014.10.25
     @ My Cooking Party

    FOOD NETWORK’S TOP CELEBRITY CHEFS ARE SCOURING THE NATION IN SEARCH OF AMAZING HOME COOKS! You’ve watched them on TV, bought their...

  • YMCA of Greenwich Harvest Art Week

    2014.10.18
     @ YMCA of Greenwich

    YMCA of Greenwich Harvest Art Week October 18 - 26, 2014 Join us for a week-long celebration of local art! Showcasing established and emerging...

  • Exhibit Ira BARKOFF

    2014.10.11
     @ Canfin Gallery

    “The beauty of the physical world becomes a metaphor for the capacity of the spirit to reveal itself". Ira Barkoff Evocation of...

  • Nigh Season: New Paintings By David Konigsberg

    2014.09.13
     @ Kenise Barnes Fine Art

    Dates: September 13 – October 31, 2014 Opening Reception: September 13, 6 – 8:30 PM  Public Invited   NIGH...

  • Undulate: Paintings By Julie Gross and Margaret Neill

    2014.09.13
     @ Kenise Barnes Fine Art

    GALLERY II Dates: September 13 – October 31, 2014 Opening Reception: September 13, 6 – 8:30 PM Public Invited...

  • Greenwich Hospital Gala

    2014.10.25
     @ Greenwich Country Club

    It will be a Gala worthy of a doge when retiring Greenwich Hospital president and CEO, Frank A. Corvino, will be presented with the...

  • 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...

  • SPLURGE Matches Scarf Donations for Cancer Patients

    2014.10.01
     @ SPLURGE

    SPLURGE and the Cancer Institute at Greenwich Hospital are partnering to bring comfort and encouragement to cancer patients.  From October...

  • 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...

  • The Wilton Fall Antiques Market

    2014.10.26
     @ Wilton High School Field House

    Barnstar Productions and the Wilton Historical Society will present the Wilton Antiques Market. More than 80 exhibitors are expected to...

  • Trunk-or-Treat For UNICEF

    2014.10.26
     @ Island Beach Parking Lot

    U.S Fund for UNICEF Greenwich Committee invites you to the 1st annual Trunk-or-Treat for UNICEF Join friends and neighbors for an afternoon of...

  • La Soirée d’ Automne at Bistro Versailles

    2014.10.27
     @ Bistro Versailles and Patisserie

    Wine dinners at Bistro Versailles are entertaining social events held on a regular basis. Socialize with friends and mingle with other attendees...

  • Flower Power

    2014.10.08
     @ SM Home Gallery

    SM Home Gallery show featuring two Greenwich based artists: Margaret Bragg and Penny Putnam. The art show runs thorough November 22nd....

  • Explore the Bruce Museum

    2014.10.28
     @ Stamford JCC

    Join us at the Bruce Museum for a private tour of the inaugural showing in the U.S. of “Northern Baroque Splendor: The Hohenbuchau Collection...

  • Educational Seminar - Effective Resume Writing & Interviewing Skills

    2014.10.29
     @ Greenwich Library

    Are you sure you are putting your best foot forward in your job hunt?  What will make employers pick your resume and ask you for an interview?...

  • Meet Bestselling Author Ayelet Waldman

    2014.10.30
     @ Organic Planet

    On October 30 at 10am, JCC Greenwich will present New York Times bestselling author Ayelet Waldman, who will discuss her latest novel Love and...

  • Flinn Gallery Art Opening

    2014.10.30
     @ Flinn Gallery 2nd floor

    FLINN GALLERY Opening Reception 'IN FOCUS' Thursday October 30, 6 - 8pm Seven artists share their visions - Carolyn Conrad,...

  • Laurel House Family Seminar Series

    2014.09.18
     @ Laurel House

    Thursday evenings, September 18, October 2, 16, 30, 6:30-8:00 pm Join us Thursday evenings for this four part Family Seminar Series as...

  • Harvest Fair and Gift Show

    2014.11.01
     @ Second Congregational Church

    Event Will Include Hay Mazes, Games, Crafts, Food, Holiday Shopping The community is invited to a Harvest Fair and Gift Show on Saturday, Nov....


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