lake michigan

Lake Road, Estate of the Day

Filed under: Estates

Today's estate is a David Adler home in Lake Forest, Illinois. The six-bedroom home dates back to 1917 and reflects his love of Italian style. The home on Lake Michigan includes grand lakefront gardens. Inside, details include elaborate plasterwork, wood paneling and columns. The overall effect is one of expansive graciousness that reflects a long-gone era. This home is listed at $8.65 million.

Gallery: Lake Road

Tags: david adler, DavidAdler, estate of the day, EstateOfTheDay, illinois, lake forest, lake michigan, LakeForest, LakeMichigan

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Latrell Sprewell's Yacht Repossessed

by Deidre Woollard (RSS feed) —

Filed under: Luxury Cars & Autos, Celebrity Shopping

Former NBA bad boy Latrell Sprewell's days of cruising Lake Michigan aboard his yacht are over. A U.S. Marshal seized Sprewell's 70-foot yacht, "Milwaukee's Best." The $1.5 million yacht has a $1.3 million loan and the bank claims that Sprewell has not kept up with the $10,322 monthly payments and has not maintained proper insurance on the boat. The bank would like the boat sold to repay the debt. Sprewell famously turned down a $21 million contract a few years back. The yacht was built in 2001by Azimut-Benetti and Sprewell bought it in 2003.

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Tags: lake michigan, latrell sprewell, LatrellSprewell, nba, yacht