Hamptons New Normal, High-End Home Tear-Downs

Hamptons Sales Surge Fuels High-End Home Tear-Downs - Bloomberg: "Rich Perello tore down a $4.25 million house on 3 acres (1.2 hectares) in Bridgehampton to make room for two 8,000-square-foot houses with pools and tennis courts that he plans to sell for about $8 million each. The 2,500-square-foot house he leveled was built in 1804 and was “unlivable,” he said. The purchase price “was all land value,” said Perello, a Southampton-based developer, who’s using flooring and beams from the house he demolished in the new homes. “The fact that there was a house on it actually decreases the property value because you have to pay to knock it down.”" (read more at link above)

So, 2013 Has Been A Pretty Average Year For Stocks

Business Insider
Five years ago, the phrase “the new normal” began to be coined to describe the investment environment of the years that were to follow. Prognosticators claimed ...

Wall Street Journal

Procurement officials explain new normal to contractors

FCW.com
Just as civilian agencies have been doing, the Defense Department is assuming the already tight purse strings for acquisition budgets are likely to be pulled ...

Eugene Robinson: Obstruction as the new normal

The Reporter
WASHINGTON-- The bad news is that approval ratings for both the president and Congress are sinking, with voters increasingly frustrated at the bitter, partisan ...

Washington Post

Living with Technology / The new normal: Always connected, all the ...

Westport-News
Being a parent teaches you a lot. Kids see the world through vastly different eyes than adults do. Yet, sometimes their observations really catch me by surprise.

Stupid Is the New Normal

Town Hall
The 2,300 page healthcare law that took several days from writing to passage, and five years from passage to rollout will apparently take 50 years just to sign ...

Town Hall

more New Normal News below

Follow @NewNormalNews