Now Yo’ Bidness Is All On eBay!
26 03 2008
Scott Storch’s yacht, the $20 million (that’s not a typo) “Tiffany” (that’s not a typo either), was recently auctioned on eBay and sold for approximately $2.5 mil because Kermit couldn’t pay the notes on this bad boy girl. From the bidding page:
THE BOAT IS BEING SOLD UNDER DISTRESS ,OWNER BOUGHT HER AND NOW GOT SHORT ON MONEY. OWNER STARTED REFITTING THIS YACHT A MONTH AGO.The bottom has been done and the boat will be going in the water on march 9 ,2008: props have been resurfaced and balanced,rudders resealed,zincs replaced,bottom job.The green color will be replaced by beige,vip and guest room will have different suede color than purple and pink.A jacuzzi might be added to upper deck.A 300k project will start and after that the price of the boat will be raised.Tiffany gives you the luxury of a stylish Art Deco interior. The clean classic lines of the Art Deco theme create a harmonious atmosphere for total relaxation. She is a “yacht with a pedigree” having been built at the world renowned Devenport Shipyard in England,and joins their list of many famous clients including The Royal Yacht Britannia and M/Y Leander. The systems and the decor on Tiffany are befitting the finest of the worlds largest yachts .To replace Tiffany in today’s market would cost well in excess of 19 Million Dollars .The owner will consider taking a boat in trade or even property. Tiffany was built to the best and highest standards.The boat sold in 1995 for 11.9 million dollars when boats of that size sold for 4 and 5 million max.It was built as a ship .The boat is undergoing a refit as we speak.It already had a complete paint job in 2006/07.New carpet and furniture in 2007.There was around 600k spent on it.It is also getting a full service done on it during the sale period.The boat has 4 staterooms 3 of which have their own jacuzzi bath tubs,it also has 3 crew cabin with their own heads.The boat has an immense living room. (Source)
Dang, “short on money”! They really blew up Scotty’s spot with that one. Not that no one knew he was broke but this is really just adding insult to injury. Seeing your $20 million “investment” (I use the word in quotes because you can’t really call a boat the size of Venus a practical investment) up on eBay has got to be almost as painful as realizing you spent $20 million on something that wasn’t… well, a house or something. Unless you like living on water. And I mean on it in the literal sense, not just next to it.
There are a bunch of pictures on the page as well. The beds look like they were made in a hurry, like the Repo Man kicked Scott’s ass in a hurry and then had a bunch of dudes clean it up as much as possible before George came in with the Polaroid. I really fell out at this one though (blue MSPaint chicken scratch is the work of yours truly, in case there were any confusion; click to enlarge):
Posted by J
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Categories : Flopping, Go Into Real Estate, LOL, No Monies, No!!!, Po' Thang, Stupid
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