Saturday, December 27, 2014

Fumo screwed by lousy housing market

State Sen. Vincent Fumo is having a hard time unloading his Spring Garden mansion. Yesterday, realtors Prudential Fox and Roach dropped the price of the Fumo screwed by lousy housing market

Blog Image
The Spring Garden Home

State Sen. Vincent Fumo is having a hard time unloading his Spring Garden mansion. Yesterday, realtors Prudential Fox and Roach dropped the price of the 27-room Victorian home from $6.9 million to $5.9 million.

What a steal!

Fumo put the house, located at 22nd and Green, on the market in October. He needs the cash to pay the legal bills associated with his federal corruption trial.

We would love it if someone would take a tour of the place and tell us about it. In addition to six bedrooms and seven full baths, the house boasts a wine cellar, an indoor shooting range, a roof deck, a separate guest suite and separate servants' quarters.

Fumo has also put his lavish Florida vacation home up for sale. According to the Intercoastal Realty website, that house is still on the market also.

Fumo also owns a New Jersey beach house and a Harrisburg-area farm.  

Authorities allege that Fumo used his clout with the state Senate, with the community group, Citizens Alliance for Better Neighborhoods Inc., and with the Independence Seaport Museum, to receive goods and services valued at more than $2 million for his personal and political benefit.

The trial is supposed to begin in September.

 

About this blog
Chris Brennan, a native Philadelphian and graduate of Temple University, joined the Daily News in 1999. He has written about SEPTA, the Philadelphia School District, the legalization of casino gambling, state government, the mayor, the governor, City Council and political campaigns. E-mail tips to brennac@phillynews.com
 Follow Chris on Twitter

Jenny DeHuff is a 2005 graduate of the University of Rhode Island, where she cut her teeth in journalism. A South Philly transplant from New England, she joined the Daily News City Hall Bureau in 2013. For the past several years, she has worked as an investigative reporter exposing corruption in suburban politics, covering sometimes ghastly criminal court cases and following the people’s money and how its spent. In addition to being a dogged news hound, she enjoys reading and writing about travel, animals, Irish whiskey and aviation. E-mail tips to dehuffj@phillynews.com
 Follow Jenny on Twitter.

Also on Philly.com
Stay Connected