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November 2006


REAL ESTATE

Deeds & Don'ts
By Lily Oliver

INSIDE STORIES BEHIND AREA REAL ESTATE DEALS

Update on Teardowns
Every year, Greenwich issues a huge number of demolition permits—nearly 200 in 2005. But with less than half of Greenwich's population, Westport tears down more homes per capita, having issued 110 demolition permits in 2005 (and 72 so far this year—a rate of more than two per week). The insistent whine of large machines chewing through felled trees and clapboard has so polarized the town that westportnow.com offers an interactive "teardown" map, marking the sites of demolished homes, including their photos and purchase prices. Meanwhile, on Westport's glittery Beachside Avenue, a $14.6 million estate was granted a permit to demolish 80 percent of the property after it was purchased in 2005. A second permit was granted in July.

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Talking Turkey
In August, the New York Post broke the story that Mar Jennings had made an offer on Turkey Hill, Martha Stewart's gorgeous Westport home, which has been on the market since late last spring. Jennings' website identifies him as a former figure skating champion who now works in banking and is in the process of syndicating a new home-and-garden TV show. Currently, Mar Jennings Home & Garden airs on WTNH/Channel 8 in New Haven. The skater-turned-banker-turned-TV-host posts cooking tips and decorating advice that are in the same vein as Stewart's, although Jennings has crafted his own signature phrase: Instead of, "It's a good thing," Jennings ends every article with, "And there you have it."

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