Friday, June 20, 2008

The Russians Are Coming!

Rumors and reports have been rampant that it was a ridiculously rich Russian who coughed up the big Rubles for Donald Trump's Palm Beach flip property Maison La AmitiƩ. Turns out all the scuttlebutt was true because according to the always reliable Christina S.N. Lewis at the Wall Street Journal, the previously un-named $100,000,000 buyer is Russian fertilizer titan Dmitry Ryblovlev, a man Forbes estimates is worth $12,800,000,000.

The 33,000 square foot ocean front behemoth that includes a garage for 48 damn cars was actually purchased by an investment company linked to the Mister Ryblovlev and he is quoted as saying that the purchase is not an indication that he will be moving to the United States. In fact, there is much discussion among the Palm Beach real estates and other sundry wasps all up and down the posh drives in the area that the Russian may tear down the existing residence and subdivide the property.

A bold real estate maneuver to be sure, but if Your Mama is being honest, and we always are, we say good riddance to this sprawling architectural vulgarity.

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