Friday, April 25, 2014   

No takers for Michael Jordan mansion
(12-17 10:48)

Basketball star Michael Jordan will have to draw up a new game plan for selling his luxurious mansion in the US city of Chicago after an auction on Monday failed to draw a satisfactory price.
“We are disappointed that the high bid in today's auction of Michael Jordan's residence in Highland Park did not meet the reserve price,'' Jordan spokeswoman Estee Portnoy said in a statement issued by Concierge Auctions.
The sprawling estate in the upmarket suburb of Highland Park had previously been offered with a listing price of US$29 million but failed to sell.
Portnoy did not specify the reserve price for Monday's auction, but various media reports put it at US$13 million.
Dubbed Legend Point, the nine-bedroom home sits on 7.4 acres and features a regulation-size NBA-quality basketball court, a pool pavilion, a tennis court, a putting green and a guest house.
As well as luxury features such as a card and cigar room, fully-equipped beauty salon and wine cellar, the property includes reminders of its famous owner, such as a gate adorned with the number 23 in the same design that marked his Chicago Bulls jersey.
Jordan, now the owner of the NBA's Charlotte Bobcats, maintains business interests in Chicago, but says the house is too big now that his children are grown.—AFP




   
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