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#5
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Here's the problem with the place
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Some things are more important than money when one can afford to make them more important. That doesn't seem to be the case in Phoenix. The great grand daughters sold the place for $2.8M in 2009. Early this year, Meridian bought it for $1.8M. Somebody is out $1M, and the crying isn't over yet. There's not a lot of people who want to live in a 1950's monstrosity, much less maintain it, and pay big bucks for the privilege. The buyer in 2009 thought he got a bargain. (I'm guessing) Realized his mistake and got out while the getting was as good as it would get, and only lost a million. We can only guess what price the undisclosed new buyer paid, or what concessions he will get from the architectural hysterical society. Business as usual. I wonder what Howard Roark would think of this battle? |
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