Jeff Bezos is reportedly looking to drop $60 million on an NYC apartment, but he already owns 4 condos in the city — look inside the building where he owns $13 million worth of real estate
- Jeff Bezos is reportedly apartment hunting in New York City, according to The New York Post.
- The Amazon CEO is looking to spend about $60 million on a home in the city, the Post reported.
- Bezos alreadyowns four apartments in a historic building in the city.
- Here’s a look inside the ritzy Upper West Side building with views of Central Park.
- Visit BusinessInsider.com for more stories.
Jeff Bezos is on the hunt for a New York City apartment, The New York Post reported.
The news comes days after the world’s richest man finalized the terms of his divorce from MacKenzie Bezos.
The Amazon CEO is reportedly looking to spend about $60 million on a home in the city and has looked at units at 220 Central Park South, according to the Post. That’s the same Billionaires’ Row building where Ken Griffin, founder and CEO of hedge fund Citadel, bought a $238 penthouse in January, breaking the record for the most expensive home sale in the US.
But Bezos has already been a homeowner in New York City for years.
In 1999, he bought three condos in the Century building at 25 Central Park West in New York City’s Upper West Side for $7.65 million, according to the Observer. He made the purchase under an LLC called “Jetima” from former Sony Music head Tommy Mottola.
The world’s richest man bought an additional unit for $5.3 million in 2012, making him the owner of four condos in the historic building.
The 32-story Art Deco building was built in 1931 and boasts a concierge, elevator attendants, and three separate entrances, as well as a prime location right next to Central Park.
Here’s a look inside the building.
Jeff Bezos, the richest person in the world, is reportedly on the hunt for an apartment in New York City.
The New York Post reported that the Amazon CEO is looking to spend around $60 million for a home in the city.
Bezos looked at apartments at 220 Central Park South, an unfinished 79-story tower on Billionaires’ Row overlooking Central Park, according to the Post.
Bezos wouldn’t be the only billionaire in the building if he buys at 220 Central Park South.
In January 2019, Ken Griffin, founder and CEO of hedge fund Citadel, bought a $238 penthouse in the tower, breaking the record for the most expensive home sale in the US.
Other high-profile buyers include singer Sting and his wife Trudie Styler, Arel Capital founding partner Richard Leibovitch, and billionaire Daniel Och, chairman of Och-Ziff Capital Management.
But Bezos has already owned properties in New York City for years.
Bezos owns four apartments at 25 Central Park West, a pre-war, luxury Art Deco condominium building right off Central Park.
25 Central Park West, also known as The Century, sits in Manhattan’s Upper West Side just off the southwest corner of Central Park.
The 32-floor building, which houses about 350 units, is steps from iconic New York City destinations such as the Lincoln Center for the Performing Arts and Columbus Circle.
The Century, which gets its name from being built on the former site of the Century Theater, takes up the entire block from West 62nd to West 63rd Street.
The lobby of 25 Central Park West isn’t particularly impressive, but it comes with a 24-hour doorman and concierge at each of the three entrances on three sides of the building.
Laundry service and additional storage are also available in the building.
Bezos bought three condos in the Century building for $7.65 million in 1999.
He made the purchase from former Sony Music head Tommy Mottola under an LLC called “Jetima.”
The world’s richest man bought an additional unit in the building for $5.3 million in 2012, making him the owner of four condos in the historic building.
The apartment Bezos bought in 2012 is adjacent to the units he already owned.
Most of the apartments have been renovated over the years but still feature pre-war details such as sunken living rooms and moldings.
Many of the residences, which are a mix of rentals and for-sale units, offer panoramic views of Central Park.
Built in 1931, the building is part of the Central Park West Historic District.
“The Century’s condominium status makes it an excellent investment destination for international buyers seeking a NYC pied-a-terre as well as native New Yorkers who have always called this city home,” reads StreetEasy’s description of the building.
Current listings in the building range from a two-bedroom unit in contract for just under $3 million to a full-floor, four-bedroom condo on the 30th floor for $11.5 million.
The building also includes a bike room, an on-site resident manager, and a shared landscaped terrace.
With a $60 million budget, Bezos could buy every condo currently for sale at the Century— and still have $28 million left over.
SEE ALSO:The 6 massive properties Jeff Bezos and family own across the US
Source: Read Full Article