Sep 26, 2024
By Ray K. Erku, The Aspen Times Related Articles Real Estate | Lower interest rate won’t necessarily mean lower Denver-area home prices Real Estate | Nuggets and Avs president Josh Kroenke buys Cherry Hills mansion for $16M Real Estate | Tensions are high at Ford Amphitheater, but the noise has died down at other outdoor venues in Colorado Real Estate | Worries mount over fate of Denver’s Grande Dame, the Brown Palace Hotel: “It is in a free fall now” Real Estate | Realtor lists his century-old Cap Hill mansion for $4.4M Bad TV reception meant famous actor Jack Nicholson couldn’t watch his beloved Lakers from his Aspen home, according to a 2008 book written by Hollywood reporter Dennis McDougal. Fellow Aspen dignitary and American record producer Lou Adler had the same exact problem. So, Nicholson and Adler teamed up to purchase what’s called the Newberry House near downtown Aspen, a Victorian wooden structure built in 1895 — which, to help their pro basketball needs, has better TV reception. This was 1980. The purchase price was $555,000, according to Pitkin County property records. Factoring in inflation, this purchase price equates to about $2.1 million in today’s standards. Property records show Nicholson eventually sold the house in 2013 for $11 million to Ellen Bronfman Hauptman, heiress to the Seagram’s liquor brand. But on Tuesday this week, Nicholson’s one-time Lakers haven was sold to former National Hockey League goalie Patrick Dovigi for $59.75 million, property records show. Read more at aspentimes.com. Get more real estate and business news by signing up for our weekly newsletter, On the Block.
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