From the for-sale listings, at least. A reader tips us off that the former Enron CEO’s 12,827-sq.-ft. condo on the 33rd floor of The Huntingdon highrise at 2121 Kirby — which with a break or 2 has been a fixture on Houston’s MLS since early 2010 — is no longer listed for sale. Is the property’s owner — Lay’s widow Linda — just taking a summer break, is another re-listing planned, or is something else going on?
This past April, the 9-bathroom urban-castle-chic pied-à-terre endured yet another price cut: this time to $5,750,000. A sale at that price would be a steep, um, mark-to-market discount off the reported original pre-MLS asking price of $12.8 million. But Linda Lay might not see much of that money anyway. At last report, the Justice Dept. was seeking to grab at least $2.5 million from the sale in its ongoing civil forfeiture lawsuit. The government claims Ken Lay paid off his mortgage on the property with “criminal proceeds” in 2001, less than a week after Enron’s bankruptcy.
- Kenneth Lay, Deceased Enron CEO, Triumphs Over IRS in Tax Court [Bloomberg]
- Previously on Swamplot: Back, Slashed: Ken and Linda Lay’s Huntingdon Penthouse, Where O Where Has Ken Lay’s Condo Gone?, Ken and Linda Lay’s Penthouse Condo Now Available for Nearly Half Off, Ken Lay’s Lonely Castle in the Sky Floats Down Almost 20 Percent, A Look Inside Ken and Linda Lay’s Lonely Highrise Castle Retreat
Photos of 2121 Kirby Unit 33: HAR