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21-08-2021 | US & Canada

Jeff Bezos now owns $119 million in real estate in Single New York City building : Report.

Amazon's founder, Jeff Bezos, spent $23 million on a New York apartment. The four-bedroom apartment at 212 Fifth Avenue was purchased by Bezos. It's worth noting that the billionaire already has a three-story penthouse as well as three lower-level homes. With this purchase, the Amazon founder now owns a single building worth $119 million in apartment complexes. He bought the 4,155-square-foot penthouse in the Flatiron neighbourhood, which is housed within the renowned tower. According to a number of US news outlets, the sale was reached around the end of July, according to property documents filed with the city of New York. It was completed in early August.

This apartment has four bedrooms and four bathrooms, as well as a vaulted ceiling, gallery walls, marble floors, and enormous windows with views of the World Trade Center and Madison Square Park.

The new unit he purchased was 20A, according to the New York Post. The initial sale price for this unit was $18.1 million, which is $23% less than the final retail amount for which it was sold. His new apartment is located beneath the penthouse, which spans the 22nd, 23rd, and 24th levels, as well as the 21st-floor flats. He paid $16 million for a condo unit in the same building in April of 2020 before purchasing this apartment.

The three-bedroom apartment was on the skyscraper's 20th floor. With the latest purchase, the billionaire's mansion in the sky now measures over 4,100 square feet.

The billionaire had purchased the pre-war building in NoMad, where he already owns roughly $96 million in real estate, including a triplex penthouse and the two condos below it, according to the New York Post. Bezos now owns five apartments in the building. In June of this year, Bezos paid $80 million for his prior units. The three-story penthouse, which spans the 22nd, 23rd, and 24th levels, was one of these properties.

A seven-room master bedroom, a giant skylight, a 5,000-square-foot patio on the second storey with room for a pool, and a smaller roof terrace with views of the Empire State Building and the World Trade Center are among the features. The other two apartment units are on the floor below the penthouse, and the newest unit is next to the 20th-floor flats.

The 24-story skyscraper, which was previously an office building, currently houses 48 condo units. When it was completed in 1913, it was one of New York's first skyscrapers and the city's highest building. Schwartz & Gross designed it in the neo-gothic style. The architects designed the structure with open floor plates, high ceilings, and huge windows to try to mix the best of pre-war and contemporary architecture. It was initially constructed as a manufacturing complex.

A fitness centre by The Wright Fit, with an accompanying yoga studio and treatment room, as well as a Playroom and a separate gaming room – all with age-appropriate equipment – are among the building's features. It also contains a screening room, a private lounge, and an adjoining dining/meeting room with catering kitchen.

Texas billionaire Ed Bass, ESPN personality Mike Greenberg, and Charles and Seryl Kushner, who acquired three units for their granddaughters, are among the inhabitants of the 24-story neo-Gothic building, according to a report by the New York Post. Neighbors were also said to be overjoyed to have the Amazon founder as a neighbour because it boosted their home values.

Bezos also owns four residences in a building on Manhattan's Upper West Side with views of Central Park, which he spent $23 million for. Bezos has real estate holdings in Seattle, Texas, and California. He is already one of the world's wealthiest people, and he has added another $24 billion to his fortune. As a result of the lockout, there has been an increase in customer activity on Amazon.

Forbes estimates that his real-time network is worth $185.2 billion. The Amazon founder is still the richest man on the planet, with Elon Musk, the founder of Tesla, coming in second with $177.71 billion. On July 5, 2021, Bezos formally stepped down as CEO of Amazon, handing over the reins to his successor, Andy Jassy.

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