Beyonce and Jay Z House Shopping in Los Angeles
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His father, William J. Bell, created the iconic soap operas The Young and the Restless and The Bold and the Beautiful. Times, Bell purchased the property in the late 1990s for $14.5 million and enlisted Ando to create a modernist glass-and-concrete structure. He’s considered one of the biggest art collectors in the world, with numerous works of art by Jeff Koons, Andy Warhol, Damien Hirst, Marcel Duchamp, and many more. Elsewhere in America, rumors buzzed that Jay-Z and Beyoncé were the new owners of a historic home in New Orleans’ Garden District in 2015. It was later revealed that the pair had indeed picked up a former church turned ballet school turned residence through an LLC linked to the Renaissance singer.
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Still, there is something about owning a work by a contemporary architectural master that scratches the same itch art collecting can—and only the wealthiest of us can afford the best pieces. “What he produces are jewels,” Khurana says, “and there could be no greater possession to own other than a jewel box.” The next steward of one of these jewel boxes just happens to be Beyoncé. In a design world where maximalism seems to have a firm grasp over trends, it could be surprising that America’s most famous tastemakers are seeking Ando’s monumental minimalism. However, what the Osaka-based talent achieves in residential design is a welcome antithesis for those looking for a very private worldly retreat. Whether or not these stars were the patrons of their Ando-conceived paradises, his designs are in high demand—and his process, precise construction requirements, and price point are certainly helping keep them that way.
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But homeowners in exclusive enclaves like these don’t like change, especially 30,000 square feet of it. Ando, who also designed Kanye West’s Malibu beachfront home, built the digs in collaboration with award-winning architect (and protégé) Kulapat Yantrasast, who runs the firm WHY out of New York and Los Angeles. Public records show that the couple purchased the home through blind trusts and have a whopping $52.8 million mortgage through Goldman Sachs. Also revealed in public records is their monthly payment, which is $149,600.
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There’s a billiards room, a climate-controlled wine room, which opens onto an expansive pool area with a football field–sized lawn, a hot tub, fire pit, tennis court, and fountains. With daughter Blue Ivy, 5, starting school this fall and two new family members keeping the superstars focussed on home life, it's not likely Queen B and her king will be leaving this gorgeous castle any time soon. While some would store family heirlooms or fine china, we expect Bey and Jay to house their hundreds and hundreds of awards in this glass case.
Beyoncé and Jay-Z are the latest to shell out an exorbitant sum of straight cash for one of the Pritzker Prize-winning architect’s few residences in the United States. It has its own history in Hollywood prior to it’s new found fame thanks to Beyonce. Known as La Villa Contenta, this estate was portrayed as the domicile of the Vampire Queen on HBO’s hit drama True Blood. After the birth of their twins in June 2017, Beyoncé and Jay Z rented this massive Malibu estate for a reported $400,000/month. July of the same year, Beyonce decided to list the home for $3.45 million, upping the price to $4.45 million by August. The listing was removed in October 2021, but details on whether the couple actually sold the home yet are unknown.
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After building the architect’s vision 15 years later, the Bells used it as both a home and gallery for their famed art collection, most notably their collection of Jeff Koons. The family’s new SoCal spread stands on 8 acres in the famed affluent beach enclave. Spanning a massive 42,000 square feet, they bought it from Bill Bell, who’s one of the world’s largest art collectors. According to Architectural Digest, the 8,000-square-foot apartment has an additional 3,000 square feet of outdoor terrace.
Jay-Z and Beyoncé Purchase Most Expensive Home Ever in California - TMZ
Jay-Z and Beyoncé Purchase Most Expensive Home Ever in California.
Posted: Fri, 19 May 2023 07:00:00 GMT [source]
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Knowles and Jay-Z, who’s real name is Shawn Carter, purchased a sprawling $200 million Malibu, California estate. They reportedly got a discount, as the home was privately listed for $295 million. Designed by renowned Japanese architect Tadao Ando, the mansion spans 30,000 square feet and reportedly took more than a decade and a half to finish. The seller is notable Los Angeles art collector Bill Bell, Jr., who is the heir to a soap opera fortune.
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We will await patiently for Beyoncé to return from her Renaissance World Tour when we can hope she shares another look inside the iconic residence. Though in the meantime, we'll occupy ourselves with a reminder of Tadao Ando's designs worldwide, in this classic book, below. The “Opus” property features a basement-level pool, billiards room, champagne room, wine room, and a movie theater.
It's in a 27-unit building that was converted from a 1929 brick warehouse in 1999, according to real-estate listings site StreetEasy. In addition to their new mansion, the couple also owns homes in Lower Manhattan, the TriBeCa loft, where they shared their nuptials and an $88 million mansion in the Bel Air section of Los Angeles. There are also rumors that the Carters own a mansion in New Orleans, as they listed it for sale and took it off the market in 2021.
The deal stands to be the biggest real estate transaction in Los Angeles County this year. The concrete home overlooks the Pacific Ocean and has striking features, an expansive lawn on either side, and plenty of privacy for the ultra-famous family of five. The sale was brokered by Kurt Rappaport, a celebrity real estate agent of the Westside Estate Agency, who represented both the buyer and the seller in the sale. The colossal home spans nearly eight acres and has a private beach, infinity pool that seems to stretch off into the ocean, and Zen water features.
Originally designed by legendary architect Paul Williams, the home features two gated entries for optimum privacy. With 17 bathrooms, three living rooms, seven fireplaces, and a 12-seat theater, there’s plenty of room for the growing family, who will hopefully have another bundle of joy on the way soon. Since the arrival of their twins, Rumi and Sir in June, the family has been making their newest members feel at home in a stunning Malibu rental house.
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