Thursday, 20 September 2018

Buzz cut: Embattled developer relists this LA mansion with $65M price chop

Embattled developer Robert Shapiro has relisted the famed Owlwood Estate in Holmby Hills, after having taken a chainsaw to the initial sky-high price tag. The 10-acre estate is now being floated for $115 million, down from the initial $180 million Shapiro wanted for it 14 months ago, according to the Los Angeles Times. A sale of around $115 million would still mean that Shapiro would get more than he paid for it. His firm, the […]



source https://therealdeal.com/la/2018/09/20/buzz-cut-owlwood-estate-in-holmby-hills-gets-65m-price-chop/#new_tab

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