Shaq Sells for 54% off 2005 Price

the consideration should be, what he paid for it and when. he may end up in the black and was asking such an astounding number just because his name is attached to it. considering that he couldn't sell for $35M during the boom, he was just asking way too much to begin with.

he was also doing marketing for his RE enterprises in Florida at the very peak of the bubble using ridiculous cliches like "location, location, location". lol, it's a sign of the times. love the guy though, just hate the kool-aid.

He paid 18.8 million in 2004

The discount from his original asking price to his selling price is meaningless. What matters the most is the $18 million figure. If I price a 1 bedroom apt. in Hell's Kitchen at $3 million and then sell it for $500,000, did I lose $2.5 million?

And $2 million loss is pennies in Shaq's price range.

A broker told me he has a house in harlem. Is this true?

> And $2 million loss is pennies in Shaq's price range.

The new alpo idiot response... "yes, millions were lost, but that's not a big deal".

The dude lost 15% of **2004** price. Thats huuuuuge.

And it was 20x alpo's net worth.

But he's already broke, so he can't get poorer.

i'm afraid that's peanuts when compared to his RE investments in florida. he could hardly have chosen a worse time and place. that's where the main bleeding might be.

"And it was 20x alpo's net worth."

and 100 times your net worth

I know your poor nyc10022 since wealthy people have better things to do with their time than to log onto forums and start fights with people. They've got better things to do, like hang out in their Hamptons house. Seriously, where do you live? I know you don't live in Manhattan.

> and 100 times your net worth

Dude, you live in New Jersey. You can't afford where I live.

AND, I didn't lose all the money you did.

> I know your [sic] poor nyc10022

I know you're poor because not only do you live in New Jersey, you have the grammar of a 3rd grader...