Tag Archives: rapper

Kanye’s Malibu Mansion Saga Continues

The concrete Malibu mansion abandoned mid-renovation by Kanye West is back on the market with a previous deal now on the rocks. 

The Malibu Beach home that Kanye West bought in 2021 for $57.3 million usd/ $79.03 million cad but then gutted, abandoned and sold for $21 million usd/ $28.97 million cad has hit a new snag. The 4,000-square-foot home, designed by renowned architect Tadao Ando, has bounced between several developers and is now back on the market for $34.9 million usd/ $48.14 million cad. 

It’s the latest twist in the saga of the oceanfront house, designed by award-winning Japanese architect Tadao Ando, which the rapper purchased in 2021. 

West bought the three-story home for $57.3 million—and then immediately gutted it, leaving only a concrete shell with no windows, plumbing or electricity when he dumped the project about two years later

Note- prices below are in USD, please read intro paragraph above for CAD conversion at time of publication.

The skeletal beach house then sold for $21 million last year to Steven “Bo” Belmont, a developer who returned it to the market within months. He quickly went into contract to sell it to another developer, the Montana-based Andrew Mazzella, for $30 million, both parties confirmed.

Listing images show the home before a gut renovation was begun.The Oppenheim Group/Roger Davies

The deal with Mazzella, a luxury home developer, was scheduled to close in May but has now stalled, as the shell of a house was back on the market as of Wednesday asking $34.9 million, down from an initial ask in March of $39 million.

According to Belmont, CEO of crowdfunding platform Belwood Investments, the deal is enirely dead, he told Mansion Global on Monday. Belmont cancelled the contract after Mazzella requested a third extension to find financing when the second extension expired on July 31. 

Mazzella confirmed that they mutually cancelled the contract earlier this month, but was quoted as saying he’s “not out of the game just yet”, and is “still interested in negotiating a deal for the house”. 

Roughly 1,200 tons of concrete were used to build the original home.The Oppenheim Group/Roger Davies

Prior to the March deal, Belmont had already begun the $8.5 million process of returning the 4,000-square-foot home to its original design by the Pritzker Prize-winning architect, built in 2013 for financier Richard Sachs, he said. He consulted with Sachs and hired the same design-build firm, Marmol Radziner, who had constructed the house originally. 

Belmont plans to sell the building as-is at the new price to recoup the money already invested, or return to the original plan of restoring it and selling the completed house—which he expects to be in even more demand in the wake of the January wildfires. 

“Malibu is going to get a full face lift, with fire-retardant concrete homes, and we have the ultimate high-end concrete home. A tsunami can’t take it out. A fire can’t take it out,” Belmont said. “And it’s the only Ando for sale.” 

The listing is with Jason Oppenheim of the Oppenheim Group and Mauricio Umansky of the Agency, who have been representing the seller from the start. Oppenheim previously repped Kanye in the sale to Belmont, as well. Neither immediately responded to a request for comment. 

Realtor.com first reported the home’s return to the market.

Mazzella had also planned to complete the reno of the house and list it closer to Kanye’s original purchase price. “It’s a very complicated construction project,” he said. 

Who knew? The relationship between Kanye West and architecture – nss magazine

Mazzella is working on restoring another Los Angeles mansion and plans to keep looking for opportunities if the deal for this one does fall through. “I consider my business style to be that of Trump, Musk and Carl Icahn combined so it’s not an easy process,” he said.

For the Silo, Liz Lucking/ Mansion Global, Jarrod Barker.

Jewelry combines Diamonds with NFts

MIAMI, FLA – Diamond NFTs are forever, and Addison Taylor Fine Jewelry have several Diamonds with their NFT digital images with the amazing 18 Million Dollar Trinity Collection.

The entire Trinity Collection of unique diamond jewelry pieces will be auctioned by ViciNFT and also bidding online. Plus two additional diamond NFTs.

The Trinity Collection

The Trinity Collection symbolizes the Ceremony of Peace. This collection features the Rare Chameleon Diamond Necklace, the Exquisite Fancy Diamond Ring, and the Elegant Heart Shaped Diamond.

1. Rare Chameleon Diamond and Necklace 

The Trinity Collection Chameleon Diamond and Necklace is a one-of-a-kind masterpiece. The Chameleon Diamond, one of the rarest diamonds in the world, is a G.I.A. certified natural 8.50 carat Pear-Modified Brilliant cut VVS1 diamond. The Chameleon is the focal point of this masterpiece. 

The necklace features fifty-nine G.I.A certified natural fancy-colored diamonds, a total weight of 30.99 carats, and is accented with one thousand and seventy-one ideal round brilliant cut diamonds, a total weight of 5.58 carats, and is further accented by seventy vivid yellow ideal cut round brilliant diamonds, a total weight of 0.33 carats. The necklace, designed by Scott Berger, was hand fabricated in 18k white gold. This masterpiece, which took three and a half years to complete, contains a combined diamond weight of 45.40 carats, and can never be recreated. 

2. Exquisite Fancy Diamond Ring

The Trinity Collection Ring features a 15.36 carat G.I.A. certified Cushion Modified Brilliant Cut Natural Fancy Light Gray-Greenish Yellow VVS2 Diamond. This is a one-of-a-kind diamond ring. The ring, handmade by a master jeweler in platinum and 22k green gold, features two half-moon cut diamonds on each side that are D in color, VS1 in clarity, a total weight of 1.24 carats.

This ring is accented with fourteen ideal cut round brilliant diamonds that are E in color, VS1 in clarity, a total weight of 0.92 carats. The overall diamond weight is 17.52 carats. This masterpiece, inspired by the Art Deco Era, took seven months to complete.

3. Elegant Heart Shaped Diamond 

The Trinity Collection Heart Shape Diamond is a G.I.A. certified 40.02 carat Heart Modified Brilliant Cut Natural Fancy Deep Brownish Yellow VS1 Diamond. This perfectly cut, one-of-a-kind diamond, can be a stand-alone jewel, or the centerpiece of a tiara, necklace, or any other masterpiece.

The NFT of the Trinity collection incorporates the certificate of authenticity and presents indisputable proof of ownership. The NFT changes hands together with the jewelry, and thus helps maintain an unbroken record of the Trinity collection provenance.

Diamond Dolphin Pendant and its Authentication NFT

The Pave’ Diamond Dolphin Pendant features (578) white and (3) black round brilliant cut diamonds, a total weight of 5.64 carats. The buyer receives the Dolphin Diamond Pendant and the NFT that authenticates its provenance. According to the standards of the “Dolphin Leadership,” this handcrafted, custom designed Dolphin piece was approved per their scale after spending one and a half years of research in concert with the leading Veterinarians of Sea World, and in Hawaii, to ensure this piece was anatomically correct. This dolphin diamond pendant is a one-of-a kind.

Fancy Yellow Diamond Ring and its Authentication NFT

The ring, exclusively designed for NFT BZL in Miami, consists of a fancy yellow G.I.A. certified 11.91 carat radiant cut diamond. The buyer receives the Fancy Yellow Diamond ring and the NFT that authenticates its provenance.

Supplemental

The Bizarre Rise of NFT Digital Diamonds, the Rarest of All Crypto  Investments | Man of Many
The rise of digital NFT diamonds is justified: Rapper Lil Pump and his limited NFT necklace.

Real Estate Bubble? Celebrities Forced To Reduce Asking Price On Homes By Millions

Both Celine Dion and Puff Daddy have vastly reduced the prices on their mansion homes, featured this week at TopTenRealEstateDeals.com.

“Celine Drops Price on Florida Water Park Home” Grammy Award-winning Canadian singer Celine Dion and her manager husband, René Angélil, built their dream Florida home on Jupiter Island in 2010. The location offered the privacy the hard working couple wanted to relax with their children and friends and they designed an estate around a series of water features and outdoor sports activities that, along with pristine beachfront, took full advantage of the Florida sunshine and Atlantic Ocean breezes. But even for celebrities who seem to have achieved it all, life can throw curve balls.

For Sale -Now Reduced! Celine Dion's Florida home.
For Sale -Now Reduced! Celine Dion’s Florida home.

Though René had successfully fully recovered from a bout of throat cancer in 1999, it reoccurred in 2013 when he had surgery for another malignant throat tumor. Dion announced in 2014 that she would suspend her performances indefinitely due to her husband’s worsening health. In August of 2015, she resumed her Las Vegas residency at Caesar’s Palace, but lost René to cancer in January 2016 and her brother only two days later. The couple and their three children had made the Las Vegas bedroom community of Henderson their home while Dion was performing at Caesar’s Palace. She returned to the stage on February 23rd for the first time since René’s death and paid tribute to his memory and their life together in her first performance.

Their Bahamian-inspired Florida oceanfront estate was first put up for sale in 2013, the year that René was re-diagnosed, for $72.5 million. Over a period of time with no buyer interest, the price was cut to $62.5 million and recently reduced to $45.5 million.

Among many five-star features, the 5.5-acre beachfront property’s centerpiece is the 500,000 gallon water park highlighted by a slow-current lazy river connecting two pools, bridges and a twisting water slide. There is also another pool located beachside. The two-story, 10,000-square-foot main residence has five bedrooms with a second-level wraparound terrace with ocean views and multiple main level terraces. The luxurious master suite walk-in closet has automated carousels for quick access to shoes and clothing at the touch of a finger. The open-plan main level is light and airy in keeping with the subtropical climate. There are also two separate four-bedroom guest houses, tennis house, simulated golf range, pool house and beach house. Celine’s Jupiter neighbors include Michael Jordan and Tiger Woods, and Palm Beach is just a few miles down the road.

Now settled in Nevada at least until the end of her Caesar’s Palace residency in 2019, Celine has stepped up her effort to sell her resort estate by engaging a new brokerage and lowering the asking price. Fenton Lang Bruner & Associates in Jupiter Island holds the listing.

“Puff Daddy’s New Jersey Mansion” Whether called Puff Daddy, Puffy, P. Diddy, or his real name Sean Combs, the Grammy-winning rapper, actor and businessman is frequently in the news, whether for his recordings, his charity or his clothing line. Most recently, he has signed on as Pharrell Williams’ team adviser for season ten of “The Voice.” Listed as number one by “Forbes” as the wealthiest hip hop artist of 2015 with an estimated net worth of $735 million, Sean has reduced the price on his New Jersey mansion  several times, now at $7.89 million.

For Sale- Now Reduced!- Puff Daddy's NJ home.
For Sale- Now Reduced!- Puff Daddy’s NJ home.

Combs purchased his elaborate 3.25 acre estate in Alpine in 2004 for $6 million. Built in 1999, the home has all the glamour and amenities expected in the home of one of America’s most popular celebrities. The 8,000-square-foot home has six bedrooms, six baths, foyer with double staircase and expansive formal rooms with walls of glass filling the interior with light. The basement is the activity heart of the home with its own kitchen, wet bar, home theater, an aquarium and another bedroom with full bath. There is also an indoor basketball/racquetball court and a fully equipped gym with full bath. Outside is a swimming pool with waterfall, putting green, a lighted tennis court and a six-car attached garage. Originally, Sean put the property on the market in 2011 at $13.5 million. Without a buyer, he pulled it from the market and relisted it again in 2015 at $8.5 million. Again with no buyer, he has once again dropped the price to $7.89 million. The listing agency is Sotheby’s International in Alpine, New Jersey. For the Silo, Terry Walsh.

Visit TopTenRealEstateDeals.com for more famous, spectacular and celebrity homes and real estate news.