Drama in the desert! Earlier this month, the Richard Neutra-designed Palm Springs Kaufmann House sold at a Christie's auction for $15 million, and now comes word the deal has been nixed. Christie's released the following statement: "The contract has been terminated by the Seller by reason of a breach of its terms by the buyer." Holy crap, what happened, i.e., what were the terms that were breached? Christie's statement: "This is a complex real estate sale and we cannot comment." Follow-up questions: Do you still get to keep the commission and will the house be put back on the market? "Nothing has been decided." Poor kicked-around house.
· Sold! $19 Million Total For Neutra-Designed Palm Springs House [Curbed LA]