The Razor Residence Auction Postponed
The Razor Residence was originally set to be auctioned off today at noon but a spike in publicity resulting in several inquiries has led Hurwitz James Company to postpone the auction until further notice. Bidding was to start at $16 million to an exclusive group of qualified buyers. To date $34 million has been spent on the home and it’s still not completely finished. It was initially marketed at $45 million when it first came on the market. Hurwitz explains, “As the Razor has continued to make headlines, our phones have continued to ring. There has been a number of inquiries from overseas buyers who were unable to schedule visits prior to the auction date.” He also stated a cash offer had been submitted and is currently under consideration. Who could the potential buyer be & how much did they offer?