Updated news on the Gambino, Genovese, Bonanno, Lucchese, and Colombo Organized Crime Families of New York City.

Friday, August 26, 2011

Jailed mafia kingpin Vito Rizzuto's $1.9 million luxury home fails to sell



Vito Rizzuto's luxury home
Vito Rizzuto's $1.9 million luxury home. (Image courtesy of Zoocasa)
MONTREAL - Jailed mafia kingpin Vito Rizzuto's $1.9 million luxury home has "spacious living areas and an elegant garden and patio," but no buyers after three months on the market.
Sotheby's International Realty is overseeing the sale of the 29-year-old stone-faced mansion, which is steps away from the home where family patriarch Nick Rizzuto, Vito's father, was shot and killed as he cooked dinner last November.
A sniper fired the fatal shots from the same adjacent "immense wooded area" mentioned in the listing for Vito's home, which is touted as being "perfect for both raising a family and entertaining."
The mansion is registered in the name of Giovanna Cammalleri, Vito's wife. The pair are to be reunited next year when the 65-year-old mob boss wraps up a prison term for a 1981 mob hit in Brooklyn.
Realtor Liza Kaufman refused to discuss her client's reputed crime connections in an interview with QMI Agency. She said her client recommended a list price that's twice the municipal valuation of $1,000,100.
"The client can decide to sell the house for whatever price they want," Kaufman said. "We can make recommendations. There may have to be an adjustment."
Asked why the Rizzutos put their house up for sale, the realtor replied: "They're empty-nesters so they put it up for sale for the same reasons as anyone else would. They're getting older, they want something smaller."
Vito Rizzuto's family has been marked for death since he was put behind bars in 2004.
Aside from his father Nick, Vito's son, Nick Jr., was also assassinated as rivals target the family either as a vendetta for past killings or as a bid to muscle into lucrative rackets.
Several members of the crime family live on the same street as Vito, in custom-built homes built in the early 1980s.
The listing says Vito's home is well-appointed with "granite floors in a large entrance and cross," and a "family room with wood burning fireplace and marble mantle imported from Italy."
The five-bedroom home, with five full and two half bathrooms, is listed at $1,995,000, plus $12,306 in municipal and school taxes.
Asked if prospective buyers have asked about the owner's criminal ties, Kaufman replied, "no, never. The only people who seem to be interested in that are reporters."

http://www.torontosun.com/2011/08/25/mafia-boss-mansion-fails-to-sell


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