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Rex Grossman sacked for a loss on Trump condo

rexcondo.JPGFormer Bears quarterback Rex Grossman has taken a major loss on the sale of his 36th-floor condominium unit in Trump International Hotel & Tower, unloading it for $2 million.

Now calling plays for the Houston Texans, Grossman, 29, closed on the sale of the 3,437-square-foot unit Wednesday. The buyer is not yet identified in public records.

Grossman purchased the two-bedroom Trump unit in September 2008 for $2.681 million. Less than a year later, after the Bears informed him that he was not in their plans for 2009, Grossman signed with the Texans and then placed the unit on the market for $2.349 million.

Photo: Rex Grossman recently sold his Trump Tower condo at a loss. (Sam Greenwood/AP)

He later reduced its asking price to 2.295 million. Features in the unit include Snaidero cabinetry, upgraded appliances, his-and-hers baths, hardwood floors and two parking spaces.

Grossman continues to own a three-bedroom town home in Lake Forest, which he currently has on the market for $849,000.

–Bob Goldsborough

Read the original article from Tribune News Services.

Published in: Business, Legacy Press Releases, Local News, Sports Keywords: , , , , , ,

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