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Louis Vuitton CEO Buys $11.7M Allison Island Teardown

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Michael Burke, the CEO of Louis Vuitton has just plunked down $11.7 million on what appears to be a blah 1960s Allison Island house that, according to realtor Kevin Tomlinson, is already scheduled to be demolished Monday. Apparently, the waterfront land at 6596 Allison Road is a perfect square with 200 feet of water frontage, which makes it very rare. That, and of course the choice location.
· 6596 Allison Road [One Sotheby's]