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Reader Comments (Page 1 of 1)
10-04-2007 @ 2:11PM
Spectacular Bid said...
First, there is no Llenroc dorm at Cornell. It is based upon Willard Straight Hall and some styling influences from Ezra Cornell's residence, located off campus and now a frat house, known as Llenroc. Clearly "Chad Perkins" is not a Big Red grad!
Regarding the boasting of the "rumored" cost of construction that's utter b.s.!
The house, built in 1992, was appraised in 1998 at $2.3 million and was being marketed (in 1997) for $2.45 million with no such wild claims of costing $30M. The listing agents at the time were Blackman & DeStefano brought in by Morgan Guaranty Trust who held the mortgage.
A bit more unglamorous is that it operated in the late 1990's as a B&B for the owners trying to pay the mortgage. They also tried to use it as a catering hall but Clifton Park said no way.
Albert Lawrence was convicted in 2000 of embezzlement, fraud and tax evasion related to his insurance co. Sentenced to 20 years he did less then 1 year and died in 2002.
The Re/Max agent can hype it all he wants but nothing has sold even remotely in that price territory save for the former Whitney “Greentree” stables and estate next door to the Saratoga Race Course this year.
A far more tasteful stone mansion in Upstate NY at just under $3 million and at one time this summer pitched on eBay for just $2M:
www.sangermansion.com
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