02 December 2010

JORDAN HAS A NEW HOUSE


The first look at Michael Jordan's swank digs in Jack Nicklaus' new "Bear's Club" development in Jupiter, Fla.
Analysis by Cary Lichtenstein of PGA National Real Estate indicates that Jordan paid $4.8 million for the land and $7.8 to build the mansion, and will likely have a total commitment of $20 million in the property when all is said and done. And while Woods' property comprises three lots with both ocean and Intracoastal Waterway access, Jordan's has neither, which could compromise its resale value. The Jordan estate has 11 bedrooms, a two-story guard house and an athletic "wing" with a basketball court (of course).
Well it's a littlle small for my taste but I guess it will do for him.

-AL

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