Monday, April 29, 2013, by Rob Bear Construction images by means of PropertyShark
Americans consume hundreds of thousands of gallons of beverages like coffee, soda, and juice each and every year, with the prodigious income going into the pockets of comparatively number of executives and founding households. They, in flip, have poured that income into some of the country’;s most expensive actual estate—or at least the most overgrown homes in the community. Case in level: AriZona ice tea co-founder Don Vultaggio and his wife Irene purchased a 2-acre private peninsula in the upscale Lengthy Island neighborhood of Sands Point, N.Y. for $4M in 2004 and proceeded to built a giant stone manor. The large, chateau-inspired spread (above) was created in element by Irene—who was also responsible for AriZona’;s iconic can graphics—but things haven’;t been so smooth given that the 30-room house was completed in 2007. By 2012, the Vultaggio’;s former housekeeper was suing for a whopping $16.5M, accusing Irene of verbal abuse and unpaid overtime.
↑ Starbucks co-founder and CEO Howard Schultz has served as chairman of the company’;s board because 1985, and took residence an astounding $23.8M in 2012. He splits his time between the Seattle and this summer mansion in East Hampton, N.Y. Acknowledged as the Robert Steinberg Residence, the 8,500-square-foot sprawler was designed by starchitect Charles Gwathemy for a 4-acre waterfront parcel. Finished in 1989, it was entirely renovated by former Gwathemy Siegel architect Kang Chang. In 2011, Schultz hosted his son’;s wedding on the sprawling grounds.
↑ A former PepsiCo executive who switched to Coca-Cola bottling distribution, Marvin Herb sold out to Coca-Cola Enterprises in 2001 for $one.4B in cash and stock. He has considering that plunged considerably of his fortune into Chicago industrial actual estate, but also spent 8 figures creating this Florida trip residence. Situated on the beachfront in the tony West Florida enclave of Port Royal, the home was created in 2003, sprawls more than 32,000 square feet, and has an estimated value of $35M.
↑ If Marvin Herb and his Coca-Cola fortune have so-far fared quite properly, the very same can not be said for the fortunes of the mansion that as soon as belonged to Coca-Cola’;s founders, the Chandler family members. Known as Briarcliff, the 1922 Georgian Revival mansion was constructed for Buddy Chandler, son of the organization founder, who stored exotic animals on the estate’;s 42-acre grounds. Now a fixture on the campus of Emory University, the property remains boarded up, neglected, and reportedly haunted.
↑ Speaking of haunted mansions, the Schweppe estate, in the Chicago suburb of Lake Forest, Unwell., is infamous for the string of tragic occasions related with it. Constructed as a wedding ceremony current for Laura Shedd, of Marshall Discipline, and Charles Schweppe, of the British bottling family members, this gorgeous brick estate once hosted the Duke of Windsor. After Shedd passed away all of a sudden, a depressed Schweppe shot himself in his bedroom here, prompting rumors of ghostly happenings that persist to this day. These legends might have one thing to do with why the epic house has nevertheless to sell. It is at present listed for $12M.
· AriZona co-founder Don Vultaggio and wife Irene sued for $16.5 million by former housekeeper Norma Genovese [New York Everyday Information]
· Charles Gwathemy [Triangle Modernist Houses]
· 2700 Gordon Drive [Home Shark]
· A glimpse inside Briarcliff’;s ‘Abandoned Mansion’; [Emory Report]
· This Lakefront Mock Brit When Hosted the Duke of Windsor [Curbed National]