The Historic Teardown Syndrome

Increasingly, people are paying millions for beautiful, historic homes -- and then try to demolish them.

1 minute read

August 7, 2004, 9:00 AM PDT

By Chris Steins @planetizen


"It is a 14-bedroom, 13-bath, stucco-walled, neo-colonial mansion designed by George Washington Smith -- the architect who helped create the look of the beautiful city-by-the-sea, Santa Barbara, California... Preservationists call the home historic and important. Jobs, who bought the house about 20 years ago, has been trying to knock it down since 2001."

"In 2002, a modernist $2.45 million Palm Springs masterpiece by architect Richard Neutra, the Maslon House in Rancho Mirage, was destroyed less than 30 days after new owners took title."

Thanks to Chris Steins

Friday, August 6, 2004 in CNNMoney

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