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Jeff Bezos Is Spending $80M on Fifth Avenue Condo Spread

He's buying penthouse, two condos directly beneath it: sources
By Evann Gastaldo,  Newser Staff
Posted Jun 4, 2019 5:00 PM CDT
Jeff Bezos speaks at an event before unveiling Blue Origin's Blue Moon lunar lander, Thursday, May 9, 2019, in Washington.   (AP Photo/Patrick Semansky)

(Newser) – Jeff Bezos is living the high life, according to source who spoke to the Wall Street Journal: The billionaire Amazon founder is about to finalize a deal to purchase three condos at 212 Fifth Avenue in Manhattan, they say. Specifically, he's buying the penthouse and the two units directly below it for $80 million. It sounds amazingly swank: The penthouse is three floors and has its own private elevator; if combined with the two units below it into a single home, as sources tell the New York Post it will be, it will be more than 17,000 square feet and have a dozen bedrooms and large terraces. The 24-story building, which dates back to 1912 and was originally used for manufacturing, is near Madison Square Park; it was converted to condos in 2015.

If closed, it will be the second-largest deal closed this year in New York and the priciest-ever New York City deal south of 42nd Street, according to an appraiser. "The residents are all buzzing about it," one of the Post's sources says. "They are so excited to have him as a neighbor because it means their apartment prices will go up." Bezos also owns homes in California, Texas, Washington state and Washington DC. "If you’re super-rich, cultural, interesting, and well-traveled, you have to have a place in New York. It’s on the must list," a real estate brokerage president tells Bloomberg. (Read more Jeff Bezos stories.)

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