Relevant:
- R. KELLY FACES $2.9 MILLION FORECLOSURE ON CHICAGO MANSION
- Vito Corleone's New York Mansion On The Market For $2.89 Million
- Chuck Prince Discovers the Housing Slump
- The story behind the biggest price chop in NYC trophy-property history (TAG: ALSO NOT STEVE COHEN'S SHINING MOMENT)
- NYC Townhouse in Contract for a Record $80 Million (DOWN FROM $114M!)
2008-09-04 — bloomberg.com
"The U.S. housing crisis arrived on July 14 at Stonebrook Court, the 26,000-square-foot Tudor-style home of California venture capitalist Kelly Porter. On that day, four months after putting the house on the market, he cut the price by $7 million.
It's still for sale. "
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