CCG – The Washington Commanders’ former owner eventually sold his Potomac estate. He was unable to convince anyone.
Washington Business Journal said that Daniel and Tanya Snyder gave the American Cancer Society their estate located at 11900 River Road in Maryland City. An $0 transfer of the land was recorded some weeks ago, according to property records.
Since the Snyders listed the 15-acre estate for $49 million last February, zero dollars is a somewhat shocking shift. In the Greater Washington area, it would have broken the record set by the sellers’ $48 million purchase of Mount Vernon, had it sold for that amount.
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Before acquiring and incorporating six more acres, they paid $8.6 million to Jordan’s King Hussein and Queen Noor for the estate in July 2000. It was down from $49 million to $34.9 million by August.
However, for 13 months, the estate and its main home, a 30,000-square-foot residence with a French chateau influence, were unclaimed.
To fund cancer research, direct patient support, and lobby for policies that improve access to cancer care, the American Cancer Society plans to sell what it calls a “transformative gift” rather than using the estate and its amenities, which include a commercial-grade kitchen, breakfast solarium, gym, spa lounge, library, wine cellar, club room, and home movie theater.
Approximately one-third of the appraised value would be the charity deduction that Snyder could be eligible to claim from a sale.
Josh Harris’s firm paid Snyder over $6 billion last year for the Washington Commanders.
The problematic past of the Snyders in the nation’s capital is unlikely to affect any future sale, according to Daryl Judy of Washington Fine Properties, who spoke with the Washingtonian.
