Greenwich Mansions Linger on Market as Condos Sell Fast
Belpointe is planning three units per floor in a three-story building. Source: Houlihan Lawrence via Bloomberg
It took more than two years for Katherine Tenney and her husband to sell their 16,000-square-foot house in Greenwich, Connecticut. The couple needed far less time to decide that their next home in town would be a condominium.
“The upkeep was exhausting,” Tenney said of the 4-acre (1.6-hectare) property she lived in for 11 years before her grown children moved out. “You get hit every month with your landscaping, pool, electric. Our heating bill for that house was ridiculous.”