Tuesday, December 21, 2010
Estate of the Day
Prolific author Tom Clancy bought three penthouse condominiums at the Ritz-Carlton Residences in Baltimore around this time last year. Now the Baltimore Sun is reporting that Clancy has picked up three more units at the waterfront complex. His first deal was for three combined penthouse units which equaled nearly 12,000 square feet of space with four bedrooms, six balconies, a home theater and three semi-private elevators. He bought the additional properties this fall for almost $2.2 million, far less than the $12.6 million he paid last year. The luxury project has struggled to find buyers and lowered prices over the summer. Now Clancy has a total of over 17,000 square feet at his disposal. He owns the entire penthouse level of one of the complex's six buildings. Prices in the complex range from $500,000 to $4 million and other buyers are also buying a couple of units and turning them into one larger space.
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