« Back to Blog
Celtics Owner Snags Charleston ‘Pied-a-Terre’
Jun 21, 2007 • By Places Real Estate • 3 Comment
Boston Celtic’s owner and Tudor Investment Corp. executive Jim Pallotta recently purchased the 1850’s Patrick O’Donnell House at 21 King Street for a jaw-dropping $7.2 million. That may seem like a lot to us Lowcountry folk, but it pales in comparison to his new 27,000 sf home in Weston, Massachusetts – estimated to be approaching $22 million in construction costs. Pallotta, a 50-year old fund manager for Tudor, reportedly earns more than $200 million annually and was one of two buyers vying for the 9,700 sf, 7-bedroom house – further expanding the definition of a Charleston pied-a-terre.