Hyper Local News Pages

Saturday, August 2, 2008

08/02/08 Antares sold two Greenwich apartment complexes under the threat of foreclosure and Antares Mansions L.L.C. didn’t fare much better.


$28 MILLION, UNFINISHED
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?

Please see:
A Misstep in Mansions

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:


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