Former U.S. Treasury Secretary Nicholas Brady reportedly has sold his brick Georgian mansion in Washington, D.C. to the Polish government for $9,550,000.
The Wall Street Journal's "Private Properties" column on Friday broke the story of Brady's sale of his longtime D.C. house, which is at 3041 Whitehaven Street NW in Washington. Although the Journal didn't report this, records show that Brady's Bradreal LLC company purchased the mansion in late 1995 from noted philanthropist Paul Mellon for $3,800,000.
Now, the public records databases that we have access to do not yet show the recent Brady sale as having taken place, although other sites online confirm the sale as having occurred on November 20. And the Journal reported that the Polish government apparently has purchased the five-story mansion for use as a new ambassador's residence. Hillary Clinton is indeed a neighbor, as the Journal had noted, and the mansion also is surrounded by many other countries' embassies as well.
Built in 1927, the 10-bedroom house measures either 9,422 square feet (according to public records) or 11,000 square feet (according to the Journal). Features in the former Brady mansion include seven baths, a formal ballroom and a wood-paneled library, the Journal reported. Other features include an elevator and many separate suites. The house sits on a 0.69-acre (30,000-square-foot) lot (actually two separate parcels), and not on "about an acre," as the Journal had reported. In addition, the property, which also contains a heated exercise pool and a greenhouse, backs up to the British embassy gardens.
Brady (shown here in a 1992 Cabinet meeting beside President George H.W. Bush, and yes, that's Colin Powell in the background) previously had listed the house in 2006 for $10 million, but later pulled it from the market when it didn't move, the Journal reported. This time, Brady's mansion was not on the market; Poland apparently approached Brady regarding the mansion because it's seeking a higher profile as it prepares to become president of the European Union in 2011, the paper wrote.