Shortly after Patch ran a story wondering why the basketball legend's home had yet to sell, the listing dropped in price by eight million dollars.
Monday, January 21, 2013
Monday, December 24, 2012
An article about the chances of the basketball legend's $29M Highland Park home ever selling sparks a discussion about the real estate market and what it takes to sell an expensive property.
Friday, December 21, 2012
The basketball legend's Highland Park home was listed at $29 million in February. Will the price need to go down for it to sell?
Update 1/18/2013: Michael Jordan's house has dropped in price from $29 million to $21 million, according to NBC Chicago. Thanks to Patch reader TJ Wheeler for the tip. Earlier: Michael Jordan's Highland Park home has been listed at $29 million since it appeared on the market in February. Typically, keeping the listing price constant is a surefire way to keep a home on the market. But from the home itself to the hoops you need to go through to even see it, nothing about the 2700 Point Lane is typical. At the time Jordan's 56,000-square-foot-home was listed, the Chicago Tribune pointed out that if the home sold for "anywhere near that asking price, it would be the most expensive, publicly listed home sale in the Chicago area." But will that…
Tuesday, March 27, 2012
Juanita Jordan, Michael Jordan's ex-wife, put her $5 million Lake Shore Drive penthouse condo on the market last week. Check out the social media survey of details.
Wednesday, March 7, 2012
The basketball legend's home is listed at $29 million.
Michael Jordan's Highland Park mansion was put up for sale last week -- and you need to be a millionaire to even see the place. The legendary basketball player's home has been listed for $29 million. The 56,000-square-foot-home home, built between 1993 and 1995, includes nine bedrooms, 15 bathrooms and an indoor basketball court, according to Crain's. Crain's Chicago Business reports that anyone interested in viewing the 56,000-square-foot mansion first needs to provide documentation they can afford to buy it. "At this price point, there aren't going to be a lot of people who actually go and see the property,"Katherine Chez Malkin of Baird & Warner told Crain's. "Sellers at this level don't want everyone in the world to see their house." …
Tuesday, March 6, 2012
Want to see Michael Jordan's $29 million home? First prove you can afford it.
If you thought that the announcement that Michael Jordan's mansion was listed for sale at $29 million meant you might get to see the inside of it -- think again. Unless, that is, you're a millionaire. Crain's Chicago Business reports that anyone interested in viewing the 56,000-square-foot mansion first needs to provide documentation they can afford to buy it. "At this price point, there aren't going to be a lot of people who actually go and see the property," Katherine Chez Malkin of Baird & Warner told Crain's. "Sellers at this level don't want everyone in the world to see their house." Those that see the home will also need to sign a nondisclosure form, agreeing not to share pictures, video or information not already publicly accessible…
Wednesday, February 29, 2012
Basketball legend's Highland Park home now listed for $29 million.
Michael Jordan's Highland Park mansion has been put up for sale, Crain's Chicago Business reports. The legendary basketball player's home has been listed for $29 million. The 56,000-square-foot-home home, built between 1993 and 1995, includes nine bedrooms, 15 bathrooms and an indoor basketball court, according to Crain's. The Tribune reports that if Jordan's home sells for "anywhere near that asking price, it would be the most expensive, publicly listed home sale in the Chicago area." The listing marks the second time in two years former Chicago Bulls players have made real estate news. Last March, an estate sale was held at Scottie Pippen's former Highland Park mansion. Jordan's home has been listed by Baird & Warner Real Estate. For …
Thursday, August 11, 2011
Highland Park toymaker becomes chairman of Starlight Foundation.
Children’s happiness has been a driving force in Roger Shiffman’s life, from the time he started working in retail while in high school through his recent selection as chairman of the Starlight Foundation. After a career in the toy business where his creativity delighted youngsters with such hot-selling items as the Furby, the 25-year Highland Park resident is only the third chairman in Starlight’s 30-year history. Showbiz connections The Starlight Foundation has “been dedicated to improving the quality of life for children around the globe with chronic and life-threatening illnesses and life-altering injuries by providing entertainment, education and family activities that help them cope with the pain, fear and isolation of prolonged …
Wednesday, August 10, 2011
Dave Limardi will continue to work after he resigns Jan. 1, 2012.
With no specific professional plans after January 1, outgoing Highland Park City Manager Dave Limardi made one thing clear about his future during a news conference Tuesday morning at City Hall. He is not retiring. With plans to stay in Highland Park and marry Kris Slattery October 22, Limardi said he will remain professionally active in some way. Though he feels he is at the top of his game, he has no plans to manage another municipality. “I’m as good as I’ve ever been. I have a thought to do something else,” Limardi said. “It won’t be directly in the public service.” After 34 years in municipal management guiding and taking direction from elected officials, Limardi said it was unlikely he would seek elective office himself. He has …
Friday, March 18, 2011
Thousands expected to come clean out NBA champ's former mansion this weekend.
The indoor basketball court isn't the only thing Scottie Pippen left behind when he sold his 21-room Highland Park mansion in 1996. The retired Chicago Bulls forward left rooms filled with furniture and art for the 13,000-square-foot home's new owners, in addition to t-shirts, basketballs and other Bulls memorabilia signed by players like Michael Jordan and Pippen himself. This weekend, Sheryl Rue-Borden hopes to sell all of it. "It's a big job, this is the biggest one I've ever done," said Sheryl Rue-Borden, a Prudential Rubloff real estate agent who's organizing the estate sale at the 2320 Shady Lane property. "I'm thinking of doing a map." Pippen, who custom-built the house in 1994, sold it two years later to a couple that recently died…