Celtics Owner Snags Charleston ‘Pied-a-Terre’
June 21, 2007 by chsplaces
Boston Celtic’s owner and Tudor Investment Corp. executive Jim Pallotta recently purchased the 1850’s Patrick O’Donnell House at 21 King Street for a jaw-dropping $7.2 million. That may seem like a lot to us Lowcountry folk, but it pales in comparison to his new 27,000 sf home in Weston, Massachusetts - estimated to be approaching $22 million in construction costs. Pallotta, a 50-year old fund manager for Tudor, reportedly earns more than $200 million annually and was one of two buyers vying for the 9,700 sf, 7-bedroom house - further expanding the definition of a Charleston pied-a-terre.
[...] King Street - The Patrick O’Donnell House circa 1852 – A grand 9,700 sf Charleston Single big enough for a king – or the owner of the Boston Celtics. Locale: Downtown Peninsula. The Toll: [...]
[...] 22, 2008 by chsplaces The 11,000 sf Patrick O’Donnell house hits the market again after closing in June 2007, setting a record for the most expensive house [...]
The Pallottas are really nice people, we’ve been very lucky to have them in Weston.