NEW CANAAN, Conn. — General Electric CEO Jeff Immelt has left Connecticut behind for good.
On Monday, Immelt helped to break ground on the new headquarters for GE in Boston, according to WBUR-AM. In January 2016, GE announced it was moving its headquarters from its suburban campus is Fairfield to a new hub of buildings in downtown Boston along Fort Point Channel.
And word also came that Immelt and wife, Andrea, who have moved to Boston's Back Bay, had a buyer for their mansion in New Canaan.
According to a listing at the Houlihan Lawrence website , the Connecticut house is under contract with a buyer.
The property at 705 West Road home in New Canaan was listed for sale at $4.725 million, but the website did not say what price is in the contract.
The Immelts bought the mansion for $5.25 million in June 2001.
They put it on the market in May 2016 for $5.5 million, but the reduced the price in October 2016 to $4.999 million and again in January to $4.725 million.
The Colonial-style stone home was built in 2000 and features six bedrooms, 9.2 bathrooms and six fireplaces in 11,458 square feet of space.
The 4-acre lot includes a pond with a fountain as well as blossoming trees and stone terraces.
The yearly property taxes are $64,983.
Click here to read the story about the groundbreaking at the WBUR-AM website.