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America Age > Blog > Real Estate > After Tadao Ando house sale, Ye snags $35M Beverly Park pad
Real Estate

After Tadao Ando house sale, Ye snags $35M Beverly Park pad

Enspirers | Editorial Board
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After Tadao Ando house sale, Ye snags M Beverly Park pad
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Ye’s new mansion spans about 20,000 sq. ft and sits on about seven acres. The property final offered for $24.5 million in 2022.

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The rapper Ye, previously referred to as Kanye West, has bought a mansion in Beverly Hills about three months after promoting a stripped-down Tadao Ando-designed Malibu house.

Ye purchased his new 20,000-square-foot house for about $35 million, in line with TMZ, and the deal was performed off-market. It’s unclear who offered the property to Ye, however the house at 72 Beverly Park was as soon as owned by late Saudi billionaire Saleh Abdullah Kamel.

In August, Ye offered a 4,000-square-foot waterfront house designed by the famed Japanese architect for $21 million. Earlier than placing it available on the market, Ye had stripped the home of its inside finishes, together with its home windows, doorways, electrical and HVAC programs, and had tried a renovation of the property that he by no means noticed by to completion.

Ye was additionally sued by a contractor he employed to work on the property after the contractor alleged being pressured to endure 16-hour workdays and having to sleep on the ground of the unfinished house close to uncovered insulation.

Ye purchased the Tadao Ando property for $57.25 million in 2021, that means he suffered a 63 p.c loss on the sale. The house’s purchaser, an investor named Steven “Bo” Belmont, stated he plans to revive the property.

Ye’s new Beverly Park property was final offered for $24.5 million in 2022. The property sits on seven acres and encompasses 11 bedrooms and 18 loos, in line with previous itemizing descriptions on-line. It was initially designed by architect Richard Landry for Norman Zada, who based grownup journal Good 10.

Jacob Greene of Douglas Elliman represented Ye within the transaction and Gigi Gharai of Coldwell Banker represented the unknown vendor.

The gated property options two separate motor courts, in addition to two swimming pools and a sports activities courtroom. A visitor home and leisure pavilion are linked to the primary home by a steel-columned bridge.

It isn’t recognized what number of upgrades could have been made to the house because it final offered in 2022, however previous itemizing pictures reveal expansive home windows that give option to a light-filled house with a up to date design. The house’s HOA price is $3,300 monthly.

Ye additionally owns one other LA-area property in Calabasas, in line with Robb Report, which is the place he as soon as operated his now-closed non-public Christian college referred to as Donda Academy.

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E-mail Lillian Dickerson

TAGGED:35MAndoBeverlyhomepadParkSalesnagsTadao
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