Friday, February 8, 2008

UPDATE: Howard Gittis

Yesterday, research queen B.S. Beaverman forwarded an article from the Palm Beach Post that reports that the magnificent Palm Beach water front estate of the late Howard Gittis has already gone to contract for purchase less than six weeks after hitting the market with much fanfare and ballyhoo by real estate gossips like Your Mama. The children will recall that Your Mama discussed the art filled manse back in early January.

According to the article, the Palm Beach real estate scuttlebutt sweeping up and down S. Ocean Boulevard indicates that the buyer is New York City real estate tycoon Lloyd Goldman. Read up on Mister Goldman kids, he's got all sorts of fascinating connections to iconic Manhattan real estate including being intricately involved in securing developer Larry Silverstein's purchase of the 99 year lease on the World Trade Center just weeks before the towers were taken down by terrorists on September 11, 2001, a cataclysmic event that Your Mama witnessed from a far too close a vantage point.

The article goes on to report the rumor that Mister Goldman is rumored to be forking over "about $22,000,000," for the 12,620 foot mansion on Via Palma, just under the asking price of $23,500,000. Listing agent Paulette Koch told the Palm Beach Post that there was great interest in the property by all sorts of moguls, blue bloods and stinking rich nabobs and that the 6 bedroom and 9.5 bathroom house was sold unfurnished. Naturally, the big name and blue chip artworks were not included in the sale and are without doubt worth far more than the real estate. Your Mama imagines all that gorgeousness is locked inside somebody's Fort Knox like vault until it can be donated to a world class museum or sold at auction.

The children will also note that Your Mama gets a very generous and friendly shout out by the good people at the Palm Beach Post who previously had this to say about our little online endeavor. Hey! Show some love for the Palm Beach Post children.

Westerly, Mister Gittis' swanky and sprawling Southampton estate remains unsold as far as Your Mama knows and is currently on the market for a mind bending $59,000,000.

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