NBA

Michael Jordan - is his star dwindling?

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Michael Jordan may be one of the most iconic names in sporting history, but the NBA legend’s name appears to count for very little when it comes to the property market. Jordan has been trying to shift his Highland Park mansion since 2012, but it still remains unsold.

Jordan legend initially listed the 56,000-square-foot former home two years ago at a price of $29 million, but he dropped that price by $8 million to encourage a sale when he relocated to Charlotte with his new wife.

The former Chicago Bulls star then tried to auction the complex off at $13 million in December of last year, but no bidder was willing to meet the reserve price for the property, which includes nine bedrooms, 15 full bathrooms, an indoor basketball court and outdoor putting green.

Now, as pointed out by Realtor.com, another former property of Jordan - currently owned by ex-wife Juanita - is struggling to attract any willing buyers despite a sizeable drop in price.

Jordan and his former partner used to live together in the Lake Shore Drive penthouse apartment, but Juanita got the high-rise alongside an enormous payout of $168 million.

She is now attempting to sell-up, but to no avail. The 8000-square-foot triplex was made available for $5 million in March 2012, but still no-one wants it at $1 million less some 23 months on.

“Lined in floor-to-ceiling windows, the penthouse has four bedrooms, five-and-a-half baths, a media room, a smoking room and a recreational room,” say Realtor.

“A cool, modern interior features custom mill and tile work, polished porcelain floors, a marble fireplace and an impressive spiral staircase. Above the main living space is a private solarium and a rooftop deck.”

Oprah Winfrey also lives in the same block.

Topics:
NBA
Michael Jordan

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