EFFECTIVE 14 Nov. 2012 PRIVATE MESSAGING HAS BEEN RE-ENABLED. IF YOU RECEIVE A SUSPICIOUS DO NOT CLICK ON ANY LINKS AND PLEASE REPORT TO THE ADMINISTRATOR FOR FURTHER INVESTIGATION.
This is the Frank Lloyd Wright Building Conservancy's Message Board. Wright enthusiasts can post questions and comments, and other people visiting the site can respond.
You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening, *-oriented or any other material that may violate any applicable laws. Doing so may lead to you being immediately and permanently banned (and your service provider being informed). The IP address of all posts is recorded to aid in enforcing these conditions. You agree that the webmaster, administrator and moderators of this forum have the right to remove, edit, move or close any topic at any time they see fit.
http://www.azcentral.com/community/phoe ... -sold.html
https://www.facebook.com/mobymusicNadineLynn wrote:Yes, Sale confirmed last night. I thought it was posted here already. Everyone is guessing at buyer here in Phoenix, except those that already know. Supposedly last name has "MO" as first two letters. Best guess has been Moby; it could be someone else, even a local, but it's probably him.
Moby's Facebook page questions the sanity of possibly losing the David Wright house, calling the idea "baffling and heartbreaking". He is an avid architecture fan, and Wright in particular...
http://www.nytimes.com/2012/11/02/us/a- ... ef=us&_r=0
"... buyer who has agreed to pay the asking price of $2.379 million, all of it in cash."
Seems as if the current owners got what they were after - hanging on till the last minute to squeeze out that last dime (via demo threats).
The 'praise' that's being tossed around by the local officials is no surprise, either. They don't want to bad mouth (in public) a developer who is interested in investing in local properties. The officials look at this as a 'win-win' for all involved.
Let's just hope that whomever the new owner is, he/she takes proper care of the physical aspects of the house - as well as protecting the future legal ones.
Who was the interim buyer who apparently lost $1 million on the sale.
Second, JT Ent, I was again told, had made so much money this year, they had to show a loss, hence the $1million loss on Wright sale (but who knows if some hard money didn't go through, also).
Here is what they bought after selling Wright--doesn't sound as if they sold Wright because they needed the money, does it:
Priciest Home Sales
Dexter B. Hewett and Cheryl A. Hewett, as trustees, have sold the house they had designed by a team hired from Taliesin West. Camelback Mountain is used as the walls in the upstairs master bedroom, the guest suite and the guesthouse. The residence has a a 50-ton boulder in the living room. The guesthouse has the feel of a highly developed cave, but one with bamboo and adobe-brick floors and an upstairs captain's bed that juts from the rock of the mountain. Two floors of the main house have the same design, using the mountain for the walls. The home, which sits in Camelhead Park at the mouth of Camelback Mountain, was bought by Jean Tichenor, as trustee of the Jean Tichenor Family Trust. Jean Tichenor is the daughter of the late McHenry Taylor Tichenor, a radio-broadcasting pioneer and one of the foremost developers of the Hispanic radio industry in the U.S. Jean Tichenor, as part of a general partnership, paid $2.8 million in cash for another home in Arcadia in 2009.
Read more: http://www.azcentral.com/business/reale ... z2B5BHydw2
Just before closing on the property, Wright-Levi says, Tichenor said she didn't want the iconic Wright-designed rug custom-made for the living room.
"A little flag went up for us," Wright-Levi says. "We had it appraised. It went to auction, and someone bought it for preservation."
The rug sold for $16,000 -- much less than the expected $40,000 to $60,000, but the family was glad it would be preserved.
Read more: http://www.azcentral.com/style/hfe/arti ... z2B7QOkpkw