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...

  • Benefit: The MoonWalk | New York, NY

    2014.07.26
     @ Randall’s Island

    The Girls are Back in Town… and the Guys too! Join us for the Second Annual MoonWalk New York City - when thousands of women and men...

  • 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: Story Time

    2014.07.19
     @ Seaside Center

    Grab a comfy seat as we read stories about our favorite sea creatures. We will even take a peek at a real-life version of the animal in our...

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

    2014.05.10
     @ Val's Putnam Wine And Liquors

    We will feature an array of new and different International wines that are selected by our staff as “Staff Picks Favorites” in...

  • Seaside Center: Naturalist's Choice

    2014.07.19
     @ Seaside Center

    Be surprised! Changing topic that is fun and fascinating, selected by the Naturalist!

  • 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...

  • Celebration Sundays: The Hot Sardines

    2014.07.27
     @ The Levitt Pavilion for the Performing Arts

    Celebration Sundays is summer music series sponsored by Jewish Senior Services at the NEW Levitt Pavilion. All Concerts are free-of-charge. Lawn...

  • SM&NC Farm Market

    2014.06.15
     @ Stamford Museum & Nature Center

    Sundays, June 15 – October 5, 10am – 2pm We're thrilled to bring back the SM&NC Farm Market — now on Sundays!...

  • Animal Meet and Greet

    2014.06.22
     @ Stamford Museum & Nature Center

    Sundays, June 22 - August 31, 3:30 - 4:00pm Stop by for a chance to meet one of our Overbrook Nature Center or Heckscher Farm animals up...

  • Bar: Live Music | Greenwich, CT

    2014.03.09
     @ Barcelona Greenwich

    Join us in Greenwich every Sunday for live music and half-priced bottles of wine!

  • Wine Time Social Hour | Greenwich, CT

    2014.01.27
     @ Barcelona Greenwich

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

  • A Day in a Farmer's Life

    2014.07.01
     @ Stamford Museum & Nature Center

    Tuesdays, July 1 - August 19, 2:30 – 3:15pm Come by and discover what it takes to be a farmer on Heckscher Farm. Each week farm staff...

  • Bar: Ladies Night | Old Greenwich, CT

    2014.02.18
     @ Beach House Cafe

    Drink Specials starting at 9:00pm 'till close, $2.00 off any Martini or Margarita.

  • Tuesday Wine Appreciation Night | Greenwich, CT

    2014.02.04
     @ Terra Sole

    Receive 50% off on most listed Wine under $100.00 and 25% off on bottles $100.00 and over!

  • Seaside Center: Shoreline Seining at Low Tide

    2014.07.15
     @ Seaside Center

    Help us collect data for the Long Island Sound biodiversity database. 1:00 pm: June 24, July 8, Aug 5, 19. 4:00 pm: July 1, 15, 22, 29,...


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