Tuesday, October 13, 2015

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

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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.


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About this blog
William Bender, a Drexel graduate who landed at the Daily News in 2007, has covered everything from South Philly mobsters to doomsday hucksters. He occasionally writes about local food trucks and always eats everything on his plate, whether it be a bloody rib eye or a corrupt politician. E-mail tips to benderw@phillynews.com
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David Gambacorta, has been a reporter with the Daily News since 2005, covering crime, police corruption and all of the other bizarre things that happen in Philadelphia. Now he’s covering the 2015 mayor’s race, because he enjoys a good circus just as much as the next guy. He’s always looking to get a cup of coffee. Send news tips and other musings on life to gambacd@phillynews.com
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