Anonymous wrote:This is a case where he knows he overpaid. It's not an investment play by any stretch. If he sells down the road, it will take years to sell. But, unlike Potomac, Northern Virginia has only so many properties of this caliber right on the river that suit his needs. If he was going to build the stadium out in Loudoun, there are more places for him to buy. But he's not. So for along the 95 corridor, this one made the most sense for him. His wife probably wanted to stay closer to the city.
Anonymous wrote:The thought that Washington use to live on that land while owning other human beings must give Dan the hardest of wood
Anonymous wrote:River Farm next door is gorgeous, much larger and Zillow has it valued at $16M. Why is it valued so low?
Anonymous wrote:Snyder finally figured out Potomac no longer a ritzy, status place. All of the status and growth in Nova now.
Anonymous wrote:It's very tasteful. I still can't imagine having or spending that much money.
Anonymous wrote:Anonymous wrote:Snyder finally figured out Potomac no longer a ritzy, status place. All of the status and growth in Nova now.
This. Because of my job, I know a lot of high net worth folks. In terms of the upper, upper bracket, the MoCo exodus is real and I haven’t seen anything like this in my career. The wealthy don’t want to be in Maryland / MoCo any longer and are opting for DC proper, and NoVa.
Anonymous wrote:the previous owner bought it for $9 million./ Leave it to short ol danny boy to overpay
Anonymous wrote:Snyder finally figured out Potomac no longer a ritzy, status place. All of the status and growth in Nova now.