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.?
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