Sunday, September 26, 2010

Weekend Wrap Up

While not exactly real estate related, Your Mama is all kinds of 0b-sessed with the saga of copper heiress Huguette Clark, who has been living for years at the Beth Israel Medical Center in New York City. The New York Daily News is jumping on the coat tails of Pulitzer Prize winning journalist Bill Dedman's with a report that 104-year old Miss Clark is–not surprisingly and despite protestations by her increasingly shady seeming attorney Wally Back to the contrary–not lucid.

Dumb-ass actor Randy Quaid and his wife Evi were arrested the other day for squatting in the Montecito, CA home they once owned and sold many years ago to former Warner Bros. executive Bruce Berman. Apparently the whackadoodle couple feel their business manager somehow duped them out of ownership and they feel they are still the rightful owners. Bitches, please. You sold the house in 1991. Get over it.

Mini-moguls Mary-Kate and Ashley Olsen have finally managed to unload their little or never lived in penthouse at 1 Morton Square to property developer Bruce Eichner. The 5,700 square foot spread was first listed at $11,995,000 in late 2007 and three years later finally sold for $7,700,000. That's a huge come down in price, but it's still more than the $7,300,000 the little girls paid for the place. Plus, it's not like these two need the money: They're richer than the damn Pope.

New York City-based J.P. Morgan Chase & Co. CEO Jamie Dimon appears to have finally sold his real estate white elephant in Chicago, IL. Mister and Missus Dimon scooped up the colossal Gold Coast crib in 2000 for $4,700,000 and re-listed the 8-bedroom albatross in April of 2007 with an asking price of $13,500,000. More than three years and several price chops that brought the asking price of the 1880 townhouse to $6,950,000, which clearly did the trick because the property is currently in contract with an unknown buyer at an unknown price.

Conservative blowhard Rush Limbaugh quick-deeded two penthouse apartments at the Slade building in West Palm Beach over to his new wife ensuring that she has a few pennies in her pocket should their May-December romance swirl down the terlit of love as have the first three marriages of the former pill popper who promotes family values. Mister Limbaugh purchased the pair of penthouse pads in May of 2009 for $1,350,000 apiece.

According to Jose Lambiet, professional basketball sensation LeBron James has entered into a contract to purchase a mansion inside the gates of an exclusive gated enclave in Coconut Grove, FL owned by lawyer and philanthropist David Lipman. According to property records, the mansion measures 9,561 square feet and includes 5 bedrooms and 5.5 poopers, plenty of room for a single man.

Poor Octomom. It seems her Warholian 15 minutes are long up and she's still got 14 tiny mouths to feed. The paparazzi courting baby factory must be feeling the financial squeeze of her media obsolescence because according to the gossip juggernaut TMZ, the holder of the loan on the La Habra, CA crib where she and her 99 children live is fixin' to foreclose on the property. The single non-working mother is, according to the report, $7,500 behind on the her mortgage payments and she's got a sizable $450,000 balloon payment due on the 9th of October.

The folks at TMZ also reported recently that the Ramage Construction company filed a lawsuits against press beleaguered Mel Gibson claiming he and his soon to be ex-wife Robyn own them a measly $12,000 for unpaid improvements to their Malibu properties. The same company claims that the foundation that owns Mel's little church in Malibu owes them $200,000 and they're seeking permission to foreclose on several of Mister Gibson's several Malibu properties if the erstwhile couple does not cough up the cash. Considering Mister Gibson is worth hundreds and hundreds of millions of dollars, it seems highly unlikely this lawsuit will ever see the light of day.

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