Home News Billionaire Michael Rubin Bought a $70 Million House – DIRT

Billionaire Michael Rubin Bought a $70 Million House – DIRT

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Apparently the Hollywood Hills hasn’t seen a slowdown in the luxury market, with an essentially brand new mansion just sold for $70 million. That number is by far a record for the area, completely blowing away the previous highlighter, a Bird Street mansion sold in early 2020. about $42 millionThe Big Deal was first reported by real.

Both of these houses were developed based on the speculation of Canadian businessman Francesco Aquirini and were designed by Irish architects. Paul McLeanThe $70 million fortune was built over a period of more than a decade. Aquilini purchased the property from Richard Perry for his $8.5 million in 2012. Built in 1942, the home was originally built for Ronald Reagan and his first wife Jane his Wyman. was designed to

Permits and tax records show Aquilini has since spent tens of millions of dollars demolishing and rebuilding the existing home. There is also a basement floor which may not have been included and another garage wing which itself is the size of a small house.

This house was never on the market, so you’ll have to use your imagination to picture the finished project. But while many of McClean’s previous efforts have been occasionally criticized for their stark exterior and stark white stone interior, this place is filled with organic materials that provide much-needed warmth. . The home’s expansive living spaces include glossy hardwood floors and wood ceiling treatments, plus a “floating” staircase covered in bright, shimmering blond wood against a dramatic wall of windows .

Both the exterior walls of the mansion and the multiple fireplaces inside are clad in cream stucco. Glass walls open onto expansive patios and infinity-edge swimming pools. And the hilltop knoll just above LA’s Sunset Strip offers nearly 360-degree views of the city lights and mountains.

As first reported by LA Times, the expensive buyer is business mogul Michael Rubin, CEO of Fanatics, the world’s top provider of licensed sports merchandise. Now in his 50s, Rubin’s fortune is around $10.2 billion according to Forbes. He is also widely known for his annual Fourth of July “White Party” and is an avid trophy collector. $43 million penthouse in New York City.and last year he paid exactly $50 million For Confused Property Developer Hamptons Real Estate Jiel Feldman.

Branden and Raini Williams Listing of Beverly Hills Estate on the Hollywood Hills. Kurt Rapaport Representatives from the Westside Estate Agency represented the purchaser.

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