“Trickle Down King’s” Mansion!

“Trickle Down King’s” Mansion!

"Trickle Down King's" Mansion!

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As OMB (Office of Management and Budget) Director under President Reagan, David Stockman promoted trickle-down economic theory. He later denounced the theory. In fact, many of his previous economic beliefs seem to have morphed over the years with the ever changing complexion of the world economy. For example, he says he doesn't own a single share of stock and "wouldn't touch the market with a 100-foot pole." Currently, 65-year-old Stockman is working on a book entitled, "The Triumph of Crony Capitalism."

Stockman and his wife are joining the hundreds of sellers over the last year who have put their Greenwich, CT homes on the market. The couple will be moving closer to their children and grandchildren in New York.

This 16,963sf shingle-style house in the Conyers Farm Drive subdivision, is nestled on 21.91 bucolic acres. The drive into the property curves through open meadows bordered by white board fence. Built in 1996, it consists of 7 bedrooms, 11 baths and has 8 fireplaces, one of which is in the grand 2-story entrance foyer. The main living room, dining room and panelled library with wet bar, all have fireplaces and banks of French doors leading out to the garden. Out of 3 family rooms, one leads off the kitchen with its amazing skylights running the length of the vaulted ceiling. Also on the ground floor is a media room and a 2-bedroom guest suite. Upstairs, balconies adorn most rooms including the huge master suite. There is also a gym and sitting room. The basement level has a wine cellar with tasting room and a circular stairwell leading to the dining room.

David Stockman’s palatial Greenwich estate priced at $19,750,000.

Source: www.realtor.com