Saturday, August 16, 2014

Philly Fixer-Upper

Sorry I don't give a $hit:

"$20m Phila. fixer-upper is back on the market" Associated Press   August 11, 2014

PHILADELPHIA — A dilapidated 110-room, 70,000-square-foot estate in Philadelphia is on the market again, but an architect says the $20 million price tag doesn’t include the tens of millions more it needs in repairs.

The 34-acre Lynnewood Hall estate has been in decline since the original heirs sold it in 1944.

Lynnewood was completed around 1900 and once held one of the nation’s largest private art collections. But the subsequent owners of the property declared bankruptcy or couldn’t keep up the property, the Philadelphia Inquirer reported Sunday.

Some of the rooms have been destroyed by water damage and broken windows.

Architect Mary DeNadai says it would take about $50 million to restore Lynnewood’s former glory, but she notes that more neglect could make the home unsalvageable.

--more--"