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Gillibrand moves to her mom's house in Albany
Dec 31, 2010 6:36 am
[caption id="" align="alignright" width="200" caption="Sen. Kirsten Gillibrand, pictured here in Vogue Magazine this fall, is settinmg her eyes on a bigger home in D.C., and taking over the house she grew up in in Albany."]
[/caption]It turns out that after selling her upstate New York home for a whopping $1.3 million earlier this month, Sen. Kirsten Gillibrand and family are moving into her mother's old home in Albany and are looking to purchase a bigger home in Washington, D.C., the NY Daily News is reporting. "The Gillibrands have two young children. They have been looking for a bigger house in D.C. I think they wanted to free up some cash to pay for it. And Albany is where Kirsten's roots are," a source told the paper. The senator's broker, Nancy Felcetto of Halstead Hudson Valley, added that: "The commute to D.C. was getting very tedious for the senator. It's much easier from Albany." The Gillibrands sold the five-bedroom home, which includes a guest cottage, located on Mt. Merino Road in Greenpoint, N.Y. to Time magazine editor Rick Stengel for $400,000 less than the $1.7 million asking price. The home sits on 13 acres of rolling hills next to the Hudson River. Rhinebeck Realtor Harry Hill, who brokered the deal for Stengel, had no comment.
[/caption]It turns out that after selling her upstate New York home for a whopping $1.3 million earlier this month, Sen. Kirsten Gillibrand and family are moving into her mother's old home in Albany and are looking to purchase a bigger home in Washington, D.C., the NY Daily News is reporting. "The Gillibrands have two young children. They have been looking for a bigger house in D.C. I think they wanted to free up some cash to pay for it. And Albany is where Kirsten's roots are," a source told the paper. The senator's broker, Nancy Felcetto of Halstead Hudson Valley, added that: "The commute to D.C. was getting very tedious for the senator. It's much easier from Albany." The Gillibrands sold the five-bedroom home, which includes a guest cottage, located on Mt. Merino Road in Greenpoint, N.Y. to Time magazine editor Rick Stengel for $400,000 less than the $1.7 million asking price. The home sits on 13 acres of rolling hills next to the Hudson River. Rhinebeck Realtor Harry Hill, who brokered the deal for Stengel, had no comment.