Tag Archive | "Taxes"

Twin Lakes Swim & Tennis Club Up for Auction


UPDATE: SALE CANCELED

The once popular swim and tennis club in North Stamford is being auctioned off on May 1st. The club officially closed down roughly three years ago and the property has since been left vacant. What was once a nice swim and tennis club has now fallen into disrepair and has become a hangout for local hooligans. Legal troubles have apparently led to the club’s demise.

The city is now owed several years of back taxes, and they are auctioning it off on May 1. The property is roughly 13 acres and once included 6 tennis courts, two pools, two club houses, and a good size pond. The property now provides a rare opportunity to purchase 13 RA-1 zoned acres in Fairfield County.

I drove by the property and they have the following sign posted outside:
Twin Lakes Swim Club

Sign reads that successful bidder will need to have $183,000 certified check at the time of the sale.

I think there is already an over abundance of swim and tennis clubs in Stamford, so I would be surprised if a developer would want to reopen as such. The property is a somewhat odd shape and includes protective wetlands, so not sure how conducive it would be to building multiple single family lots, this property may be better served as some type of school or retirement home.

Map of Property

(NOT OFFICIAL PHOTO)



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Posted in Listings, Real Estate NewsComments (2)

Stamford Cancels 4th of July Fireworks


Sad news today that Stamford has decided to cancel its 4th of July Fireworks show. The annual fireworks show in Cummings Park has not been canceled in over 50 years. While the show only costs roughly $40,000, the total cost to the city is much higher when you account for police, fire, and sanitation overtime costs.

I am actually glad to see that the new mayor is able to make some of these unpopular decisions and slash spending versus just raising our taxes. He has also made other recent cuts in the budget by proposing a 10% decrease in the city’s workforce.

Posted in Stamford News/GossipComments (6)


About This Site

Stamford Market News is an inside (non-sugar-coated) look at the Stamford, CT real estate market by resident Chris McClave. Chris is a licensed Connecticut real estate agent with William Pitt Sotheby’s International Realty, and a member of the National Association of Realtors and Stamford Board of Realtors.

Chris McClave - Real Estate Advisor
William Pitt Sotheby's
545 Bedford Street
Stamford, CT 06901
Direct: 203-716-1616
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