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May 2006


REAL ESTATE

Deeds & Don'ts

(Page 3 of 8)

Updates are needed, but one imagines that owners investing in a house of this magnitude would want to customize kitchens and baths—even if the existing fixtures were circa-1990, as opposed to the vintage decor seen throughout. It's offered for $11.2 million by Kathy Adams of Country Living Associates in Greenwich (203-869-8100, ext. 309). Note that the property can be subdivided, with the house and pool on about two acres, offered at $7.95 million.

And now a detour north for more Greenwich gossip: If Belle Haven has its ghosts, the Conyers Farm section of Greenwich has a boogeyman in the person of hedge-fund founder Joseph Jacobs, who recently submitted plans to build a nearly 39,000-square-foot home on 11 acres. Jacobs purchased the land last fall to ease the squeeze he feels in his current Greenwich home, in which he comes downstairs in the morning to find "people sleeping on the couches," as he told The New York Times. While we know nothing about the identity of these people (unfortunately), anyone who picks up a copy of the local newspaper is intimate with the specs of the proposed Jacobs estate, which calls for 11 bedrooms, 16 bathrooms, a movie theater, a squash court (part of a 3,600-square-foot gym), a massage room, a beauty parlor and a staff lounge. From the comfort of their own 20,000-square-foot abodes, neighbors belonging to the Conyers Farm homeowners' association expressed outrage over what would be the largest house in Greenwich (beating out self-crowned "Queen" of real estate, Leona Helmsley).

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