Remember Bezos used to drive a Honda, and live in a little loft?
Thank god for Amzn shareholders.
>New York, April 26 (Bloomberg) -- Amazon.com Inc. founder and Chief Executive Jeff Bezos has bought the top floor of an apartment building on New York's Central Park West for about $7.5 million, according to a person familiar with the situation.
Bezos bought out all the apartment owners on the floor and plans to create one large residence in the building, located at 25 Central Park West between 62nd and 63rd streets.
Officials at Corcoran Group, which brokered the transaction, declined to comment. Bezos wasn't available for comment.
The 36-year-old Bezos has built Seattle-based Amazon.com into the biggest Internet-based retailer since it started selling books online in 1995.
The company's shares have fallen along with those of other Internet companies in recent months, and are down 30 percent this year. Still, Bezos' stake in the company, which lost a total of $882 million through last year, is worth more than $6 billion.
The art deco style 25 Central Park West was built by Irwin Chanin, who also developed several theaters in Times Square -- including the Roxy and Biltmore -- early last century.
Prices in the building start at $590,000 for a one-bedroom apartment. A 1,900 square-foot, three-bedroom, two-bath apartment is on the market now for $1.5 million, according to NY Realty.com.
Apr/26/2000 16:47 |
