“How much further will it fall?” Swamplot asked back in January, not long after the list price for Ken and Linda Lay’s 33rd-floor penthouse in the Huntingdon on Kirby Dr. was marked down the last time. And now we have a partial answer: All the way to $10.25 million — for now, at least. That’s almost a 14 percent cut from the last price, but just under 20 percent off the initial $12.8 million ya-gotta-try pricing Linda Lay started with.
And really, you want to be coming down in regular increments. What numbers come next?
How about these: 12,827 sq. ft., 4 bedrooms, 4 full and 5 half-baths, 10 parking spaces, 6 elevators, and a pesky little $10,182 monthly maintenance fee.
A spokesperson for Linda Lay told the Chronicle last September that the full-floor condo was the only property she still owned. Ken Lay’s sudden death in 2006 — after he and Jeff Skilling were convicted of 10 counts of securities fraud and related charges, but before he could be sentenced — may have interfered with the efforts of prosecutors to force the Lays to sell the condo and use the proceeds to pay off Enron creditors. But the Justice Department won’t share details about the case, and court records are sealed.
- 2121 Kirby Dr. Unit 33 [HAR]
- Ken Lay’s condo gets another markdown [Houston BizBlog]
- Ken and Linda Lay’s condo for sale for $12.8 million [Houston Chronicle]
- Previously on Swamplot: A Look Inside Ken and Linda Lay’s Lonely Highrise Castle Retreat