Sunday, November 25, 2012

Sale of Frank Lloyd Wright -designed Arizona home falls through

PHOENIX - A sale of a Frank Lloyd Wright-designed home that had been slated for demolition has fallen through and the home once again will go on the market, a real estate broker marketing the property said Monday.

The buyer, who has not been identified, decided during an inspection period to not proceed with the purchase because of unspecified personal and business reasons, said Robert Joffe. "I don't think I'm ever going to know the truth."

The home will again be listed for sale for $2,379,000, the price on which the now-canceled agreement was based, Joffe said.

However, he said the window to sell the home runs only until Dec. 4 because the Phoenix city council plans on Dec. 5 to consider approving an historic designation for the property.

Read more: Sale of Frank Lloyd Wright -designed Arizona home falls through

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