Update #2: The Riordan Malibu beach house
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An update on Sunday’s item reporting that Nancy Daly Riordan, the estranged wife of former L.A. Mayor Richard Riordan, had sold a Malibu beach house for an estimated $68 million.
The enterprising RealEstalker blog reports that the sale has hit a snag, and the prospective buyers ‘got cold feet and walked away.’
On Friday, March 7, the L.A. Times published the following correction: ‘FOR THE RECORD: Daly Riordan property: The March 2 Hot Property column in the Real Estate section reported that Nancy Daly Riordan’s house on Carbon Beach had sold for a Malibu record-breaking price of $68 million. In fact, the house has not been sold. The story also reported that the home has more than 200 feet of beach frontage. Property records indicate it has 180 feet of beach frontage.’
A housekeeping note: In the comment thread on the initial item, a number of readers chose to make a few unkind comments about Ms. Riordan’s appearance. In response, another reader pointed out Ms. Riordan is battling pancreatic cancer.
Out of respect, I chose to remove the comments. Let’s try to keep the conversation to real estate, and keep it focused. Thanks.
Photo Credit: Los Angeles Urban Rangers