http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/ Luxist Comments for 15% of Chestnut Hill Home Sale Profits Will Go to Charity http://www.luxist.com/media/feedlogo.gif http://www.luxist.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/The front of the house is rather boring, but the inside and back-side are amazing!!]]>Nov 29th 2010 1:58PMhttp://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/Nov 29th 2010 2:14PMhttp://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/
Perhaps I am cynic here but are we supposed to dance around the May pole in celebration of Andrus because he is dangling a 15% charity carrot around this sale? Keep in mind he'll be seeing that amount written off against his taxes and any would-be capital gains so in reality it is still purely a benefit for him.

Charity would've been to pour the $7M he spend in upgrading the home directly into a charitable organization. Instead on the back end (after enjoying the benefits of all those invested restoration dollars) he'll cough up maybe $1,875,000 to charity.

I'm not one of these folks who is telling anyone what to do with their money. However in this case the owner/seller is trying to make a point with charity. In that case I see it as relevant to discuss the full picture where donations come in.]]>Nov 29th 2010 4:14PMhttp://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/Nov 29th 2010 4:37PMhttp://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/http://www.luxist.com/2010/11/29/15-of-chestnut-hill-home-sale-will-go-to-charity/
Beautiful mansion and worth the price. I honor him for his gesture in these tough times. ]]>Nov 29th 2010 4:39PM