OBAMA IS STAYING: BUYS BIG DC MANSION

Posted on June 1, 2017

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LAT: “Looks like former President Obama and former First Lady Michelle Obama are putting down deeper roots in Washington. After renting a house for their post-White House stint in the nation’s capital, the Obamas have purchased the eight-bedroom, nine-and-a-half-bath home for $8.1 million, according to property records.
The Obamas have said they plan to remain in Washington while their younger daughter, Sasha, finishes high school at Sidwell Friends. After leaving the executive mansion in January, the family settled into a rental home owned by Bill Clinton press secretary Joe Lockhart and his wife, Glamour editor Giovanna Gray Lockhart, an 8,200-square-foot home that was built in 1921 and renovated in 2011.”

The Hyde Park place is still available for road parties and will be near the new library.

Spokesperson: “Given that President and Mrs. Obama will be in Washington for at least another 2 1/2 years, it made sense for them to buy a home rather than continuing to rent property.”


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LAT: The Obamas buy their rental home in Washington

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