- July 10, 2021
- Posted by: Stratford Team
- Category: Business
FOX Business’ Lydia Hu speaks with ECM Development CEO TJ Moore about investing in rental communities.
The notorious San Diego home of Mitt Romney, which made headlines in 2012 for having planned an installation of a car elevator, is now in escrow for $23.5 million.
The move comes after years of enduring backlash from neighbors for tearing down and demolishing the initial oceanfront structure and building a new, bigger home.
Anthony Ciani, a La Jolla, California, architect and former neighbor of Romney at the time, told The Post that his issue was mostly concerning public use of the beach.
“Not all of the neighbors had issues with the Romneys’ project,” Ciani said, “but others, including me, disputed their claim to own the sandy beach west of the historic property line which could interfere with the historical public use of the beach, and because that uses that additional area of land to build a larger house than would otherwise comply with…