Delafield Estates: the watchword for a good idea gone bust. The 10.4-acre estate in Riverdale was retrofitted in 1980 with a James Polshek site plan and 33 compact houses in addition to a larger family home, once owned by a Bank of America president, in a sort of nature-preserve-meets-innovation community. And now they're back, as a bankruptcy trustee is auctioning off the lots with Brown Harris Stevens, at a relative steal for the area, in one case, $1.12 million for two lots. [WSJ]
Filed under: