Hyper Local News Pages

Wednesday, March 4, 2020

AOL’s Former CEO Wants $26.75 Million for Greenwich Mansion

Tim Armstrong built the roughly 11,400-square-foot waterfront home in the same community where he built local news platform Patch...
Tim Armstrong, the former chief executive of AOL, is listing his waterfront home in the Riverside area of Greenwich, Conn., for $26.75 million.
Mr. Armstrong and his wife Nancy Armstrong have a strong connection to the area, having moved there nearly two decades ago. In 2007, the neighborhood was the testing ground for Patch, the local news platform Mr. Armstrong co-founded, which sold to AOL in 2009. Mr. Armstrong became chief of AOL that same year.
Mr. Armstrong said he and a friend came up with the idea for the platform after overhearing a conversation in the bagel shop about a news story that had been overlooked.....
https://www.wsj.com/articles/aols-former-ceo-wants-26-75-million-for-greenwich-mansion-11583246964