Tuesday, March 18, 2008

One Megayacht, for Sale, on eBay

Some things you just can't make up.

The owner of the 117-foot Tiffany is apparently so strapped for cash that not only has he been trying to sell her on eBay, but he apparently has no qualms revealing to the world in her listing there that she's been repossessed by the bank. The story just gets stranger when you realize the owner is a hot-shot music producer: Scott Storch, who has worked with artists ranging from Christina Aguilera to Beyonce and 50 Cent.

Here's the direct quote (complete with the all-capital-letters it was written in) from the eBay listing:
THE BOAT IS BEING SOLD UNDER DISTRESS, OWNER BOUGHT HER AND NOW GOT SHORT ON MONEY. OWNER STARTED REFITTING THIS YACHT A MONTH AGO....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.
Too bad Storch—or whoever he hired to write the listing—can't get all the facts straight: The builder's name is misspelled ("Devenport" instead of "Devonport").

And too bad Storch's troubles don't seem to have an end in sight: Bidding ended without the reserve being met.

No comments: