Since then $1,000,000 has been spent on a collection of conifers and Japanese Cutleaf Maples.
My wife loves our home in New York and does not want to live in Nyack about thirty-five minutes from the city. So we have stayed there only 6 nights in 7 years!!!
Like most real estate the house is now worth about 25% less than I paid for it or $4,500,000.
It would kill me to sell the house and so 1% shares are now available for $45,000 or you can makes gifts totaling $60,000 to my favorite charities. This gives you full use of the house to stay in whenever it is not in use up to 30 days a year and full use for the grounds for 365 days a year. There is a very nice pool. With this ownership you will be required to pay 1% of the overhead of running the house. My guess is that overhead will be in the range of $300,000 a year.
You can see this house by going to the Pretty Penny Website - http://aradergalleries.net/prettypenny/
This is an insanely good deal. It only takes 35 minutes to get there from Manhattan and the property is in mint condition! If you would like a personal tour, please let me know.