At the peak the Gilded Age, steel tycoons and other professional exploiters only built their mansions in the Hamptons or Newport if they couldn’t get a property in Tuxedo Park, New York. Founded in the 1880s by a tobacco millionaire and “sportsman” who won a whole lotta acres in a poker game, the area became home to such notable Americans as Adele Colgate (heir to the Colgate/Palmolive fortune), William Waldorf Astor, and JP Morgan. It was also home to a finance dude with the totally ironic name of Henry Poor, otherwise known as the guy who begot half of the famous Standard & Poor stock index.
“Poor’s Palace,” which is also known as “Woodland,” was designed by eminent era architect Henry T. Randall, who gave the place a grand limestone entrance, a smoking room for the gents, drawing and dining rooms with deep relief ceilings, hand-painted insets for the grand dames, ample terraces, and wood paneled hallways. All 17,265-square-feet of that is still there, if a little worse for wear. What’s more, it’s all on the market with 4.8 surrounding acres for $9.999M.
read more…
http://curbed.com/archives/2015/01/28/buy-henry-poors-grand-1899-palace-in-upstate-ny-for-10m.php
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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