This 35,000-square-foot estate built on spec and still unsold is listed as having two elevators, an indoor pool and a wine cellar.
Antares lays an egg
by chris fountain
Despite Antares's best efforts, including a phony PR visit by A Rod last summer to this 35,000 square foot instant white elephant the partnership's mansion project is in complete disarray. How'd you like to be the chump who paid $10,000,000 for your house one month and watch the identical house next door sell for six just five weeks later?
A plan to build houses aimed at buyers looking in the $10 million-and-up range has fallen apart after just three mansions..
Please read more from Greenwich Based For What It's Worth:
- Connecticut windfall
- Dinosaurs at the Gate!
- Greenspan - "Housing slump to continue"
- Asbestos? Yawn.
- Eco Hysteria
- Fill a tire, save the world
- Anything can happen but don't count on it
- Flipping houses for fun and profit
- New vs. experienced agents
- Here's a depressing opinion piece
- Here's a good value
- Cheesey or sleazy?
- Going Down?
Please send your comments and blog links to GreenwichRoundup@gmail.com