THE WHITE HOUSE
Office of the Press Secretary
For Immediate Release
December 29, 2000
STATEMENT BY THE PRESS SECRETARY
The President and Mrs. Clinton, residents of Chappaqua, New York,
entered into a contract today for the purchase of a house in the
Observatory area of Washington, D.C., for Mrs. Clinton?s use while the
Senate is in session.
The five-bedroom house, which includes a study and an office, was
built in 1951; it has approximately 5,500 square feet and sits on 1/3 acre.
The President and Mrs. Clinton are purchasing the house for $2,850,000 and
have secured a loan commitment for $1,995,000 from their bank, Citibank.
The Clintons said: ?We appreciate all the hard work of everyone who
made our search for a place in Washington, D.C., productive and enjoyable.
We particularly want to thank the homeowners and brokers who have been so
kind to us during our search.?