10/7/11

Bon Jovi: Who says you can't sell your home?

 Courtesy of the Page Six in the NY Post

Last Updated: 2:17 AM, October 7, 2011

Jon Bon Jovi wants out of the posh but perhaps cursed prewar building on Mercer Street where Mark Madoff committed suicide last December. Bon Jovi is quietly shopping around his SoHo duplex condo with a chart-topping asking price of about $45 million, reports The Post’s Andy Wang. The rocker bought the six-bedroom, 6 1/2-bathroom, 7,400-square-foot residence with three terraces, arched windows and 12-foot ceilings for $24 million in 2007. Sources say he’s completed a spectacular, multimillion-dollar renovation. We’re told that while Bon Jovi likes the neighborhood and has been seen at spots including Imperial No. 9 and Burger & Barrel, he’s ready to move on.



How anyone including Jon expects to make a $20 Million profit on a home (even in NYC where I do understand the housing market is hot, but it's not THAT hot) is beyond me.

2 comments:

mahakk01 said...

Yes, I heard about that case. Mercer Street is very well known area. 6-bedroom residence with other facilities also in $24 million is a good deal. I know finding a perfect place for you is very difficult nowadays. I think this deal worth your money and dream for perfect home.
hamptons real estate

Basil C. Puglisi said...

Interesting read. It never ceases to amaze me the amount of money spent on properties. Knowing the market is where it is, I am not sure he will get his price. What will be good is too see more monies invested in property for his next venture keeping the market going.

Bon Jovi Widget