Sunday, May 25, 2008

UPDATE: Kaufmann House

Alright my little puppies, Your Mama has been getting all sorts of inquiries desiring and demanding that we reveal the identity of the person who purchased the Neutra designed Kaufmann House that was auctioned off a couple of weeks ago as part of the Christie's Post-War and Contemporary Art sale in Noo York City.

The children will recall that the mystery buyer agreed to fork over a reported $16,800,000 for the pristine Palm Springs property (plus taxes and auction house fees) and later made an agreement to purchase an adjacent parcel for an additional $2,000,000.

Your Mama would be pleased as a carb addict in a bakery to announce the name of the buyer. But alas, we don't know who the some-bitch is. What we can tell you, thanks to tipster Desert Danny, is that the sale has been canceled. Yes, y'all read that correctly, canceled.

According to MyDesert.com, the sellers of the Kaufmann house, a married couple named Harris who are selling their labor of money of love because they are getting a big dee-vorce, put the kibosh on the contract late last week due to a "breach of its terms by the buyer."

Oh dear. That sounds vague and uglee, don't it?

As Your Mama understands, there were only two serious bidders for the property, both unidentified and making bids over the telephone. We can only hope that the folks at Christie's are on the horn cajoling the losing bidder to get back in the game and buy the damn house so everyone can wash their hands of the much publicized matter.

Whatever machinations are at play on the back side, the children should stay tuned and make sure they have a big bottle of Bombay Sapphire close by because we think this may be another of those sordid real estate stories drags on for an eternity while all the juicy details drip slowly out and into the hands of tongue wagging real estate gossips like Your Mama.

Photo: Tim Street Porter

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