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Flowers Flips Mansion for $23 M.

Billionaire J. Christopher Flowers has finally flipped his 87-year-old limestone mansion at 12 East 73rd Street.

And, even though the 21-room, 11,200-square-foot house is only half-renovated, real-estate scion sci·on  
n.
1. A descendant or heir.

2. also ci·on A detached shoot or twig containing buds from a woody plant, used in grafting.
 Andrew Farkas paid the full $23 million price. (Listing broker Sami Hassoumi, a managing director of Brown Harris Stevens, said he received two other full-price offers.)

Mr. Flowers forked See forked version.

forked - (Unix; probably after "fucked") Terminally slow, or dead. Originated when one system was slowed to a snail's pace by an inadvertent fork bomb.
 over only $17 million for the house in November, after being tied up in litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 with his seller, Dominion Management, since early 2004. That $17 million may seem paltry to Mr. Flowers, who last year shelled out a New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
–record $53 million for the Harkness Mansion on East 75th Street.





Copyright 2007 The New York Observer
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Author:Max Abelson
Publication:The New York Observer
Date:May 1, 2007
Words:108
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