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Read what others had to say:
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Troy iRMT Heavy Maint. Enriquez - Jun 15,2010
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Not until he hires me as his project manager.
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David Myers - Jun 15,2010
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who is he?
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Daniel Paul Myers - Jun 15,2010
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that seigel guy...
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Don Hull - Jun 16,2010
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Where is the runway or waterway????
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Troy iRMT Heavy Maint. Enriquez - Jun 16,2010
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you see! I would already have the runway finished.
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Don Maxwell - Jun 16,2010
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What is that place, anyway? I flew over it last year and wondered.
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John Robert Dunlop - Jun 16,2010
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I don't know either but it looks like they ran out of money!
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Don Maxwell - Jun 16,2010
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Maybe it's to be the Taj Mahulk. Or the Taj Mahollow. Or the Taj--Mygawd! Or the Taj Ma--what the heck is THAT?!!!
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Jon Ladd - Jun 16,2010
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David Seigel is a Time Share mogul in Central Florida. His third wife is running him short on cash and he will sell this for $75M. I guess there is a sucker out there somewhere.<br />Hey Lima, want to be my neighbor?
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Dave Lima - Jun 16,2010
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Noooooo! Women have a way of doing that to a guy. It reminds me of building an airplane 90% done and 1,000,000% to go.
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Philip Mendelson - Jun 16,2010
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I believe Curt Chana said he went broke...
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Don Maxwell - Jun 23,2010
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American Versailles in Florida
a closer look
$75 million home for sale, ‘as is’
90,000 square-foot mansion called ‘poster child’ of overindulgence
BY ANTONIO GONZALEZ
The Associated Press
WINDERMERE, Fla.
Listed as a “monument to unparalleled success,” the largest home for sale in the United States comes with plenty of space but no carpet, tiles or interior walls. It’s up to the future buyer to finish it.
The mansion started by timeshare tycoon David Siegel boasts plenty of big numbers: 90,000 square feet. Twenty-three bathrooms. Thirteen bedrooms.
Ten kitchens. A 20-car garage, with additional space for two limos. Three pools. A bowling alley. Indoor roller rink. Two-story movie theater. Video arcade.
Fitness center. Baseball field and two tennis courts.
All that and more for $75 million, “as is.” There’s an option to buy it completed for $100 million.
Nicknamed “Versailles” for the French royal palace that inspired it, the edifice hit the market recently.
Construction was halted last year to save money in a recession that proved particularly hard on Siegel’s once-booming industry.
“This mansion is a great anecdote of the overconsumption that led to the housing bust, and it might be the poster child of such overindulgence,” said Jack McCabe, a Florida-based real estate analyst.
“It’s like a living piece of art,” said Lorraine Barrett, a Coldwell Banker real estate agent who has the listing.
She said Siegel, who has 12 children, easily could have moved forward with construction but wanted to avoid cutbacks at his company, Westgate Resorts.
Requests to interview Siegel were not returned through Westgate Resorts or Barrett.
The Versailles mansion is currently tied for fifth by price with several others. But it has, by all accounts, the most square footage under one roof in America for a home after the Biltmore Estate in Asheville, N.C. It’s not cheap to maintain, either.
Taxes alone on the property, if sold at $100 million, would be $1.45 million to $1.74 million annually, according to the Orange County property appraiser’s website. The yearly upkeep also likely would fall in that range, real estate agents said.
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