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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

  • Interactive Live Nativity at First Congregational Church

    2014.12.21
     @ First Congregational Church of Greenwich

    The Sheep are Back! Interactive Live Nativity at The First Congregational Church of Greenwich 108 Sound Beach Avenue, Old Greenwich (across from...

  • 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 &...

  • 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...

  • 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...

  • 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...

  • 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: 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...

  • 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...

  • 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...

  • Shakespeare's 450th Birthday Celebration

    2014.12.31
     @ Hyatt Regency Greenwich

    New Year’s Eve - Shakespeare’s Big Birthday Bash: A UNIQUE ELIZABETHAN FEAST CELEBRATING the 450th Birthday of William Shakespeare...

  • Whitby School Open House

    2015.01.11
     @ Whitby School

    When you visit Whitby, you'll see how children take the lead in their own learning, under the guidance of expertly trained and caring...

  • Greenwich Ballet Academy Open Auditions

    2015.01.12
     @ Greenwich Ballet Academy

    Greenwich Ballet Academy will be holding Open Auditions for their Spring Semester and Summer Intensive the week of January 12th, with a designated...

  • Family Fun Day Sunday

    2015.01.25
     @ Hyatt Greenwich

    Best family bonding day ever! Get your tickets now! Enjoy 9,500 square feet of fun, pampering, and family togetherness! Baby loves disco...

  • Positively Me

    2015.01.30
     @ Junior League of Greenwich

  • TuB’shevat-Shanahnah With Sandi

    2015.02.03
     @ Temple Sinai

    For children ages 6 months - 2 years and their parents or caregivers Celebrate a whole year of holidays with the JCC Sara Walker Nursery School...

  • Fairfield County's Giving Day

    2015.03.05

    Fairfield County's Giving Day - bigger and better than ever! On March 5, 2015, join thousands as we celebrate local giving! Fairfield...

  • Spring Gala to benefit Kids in Crisis

    2015.03.06
     @ Greenwich Country Club

    The Kids in Crisis do-not-miss event, The Spring Fling, will be held on Friday, March 6, 2015, at the Greenwich Country Club in Greenwich, CT. It...

  • 2015 United Sole Sisters Luncheon

    2015.04.23
     @ Greenwich Country Club

    Sole Sisters Annual Spring Luncheon and Fashion Accessories Boutique Guest speaker to be announced. Luncheon chairs: Diane Viton and Jill...

  • Greening our Children's Annual Benefit

    2015.05.01
     @ Hyatt Regency

    Greening our Children's Annual Benefit May 1, 2015 Start Time: 6:30pm Hyatt Regency Greenwich With honored guest and Champion...


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