For buyers with star power: privacy above all else

In the internet age, celebrities are spending more then ever to go incognito

New York /
Jul.July 19, 2015 12:00 PM

Say goodbye to glitzy addresses. Manhattan’s elite want to be as invisible as possible.

It’s not exactly a new phenomenon, but discrete millionaires are going to increasingly extreme lengths to ensure no one ever discovers where they call home, according to the New York Daily News.

These buyers are moving to buildings with the best security and are installing safe rooms and, occasionally, secret tunnels. And naturally, they are using multi-layered limited liability companies.

“The real estate industry has become such a sensationalized business in terms of the gossip factor,” Wendy Maitland of Town Residential told the Daily News. “There are so many blogs and websites out there that make it their mission to find out who’s moving where, who’s buying, who’s selling and what they’re paying. It’s so much harder to remain anonymous and ensure safety.”

One recent example is supermodel Gigi Hadid, who moved out of her apartment on the Bowery after a stalker bypassed the doorman. Her apartment is now on the market for $2.45 million. [NYDN] – Christopher Cameron


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
John Steinbeck and his Sag Harbor cottage. (Getty)
John Steinbeck’s Sag Harbor home could become retreat for writers
John Steinbeck’s Sag Harbor home could become retreat for writers
Famed Architect Thierry Despont and 320 Majors Path in Southampton NY (Getty Images, iStock, Sotheby’s International Realty)
Famed architect lists Southampton estate for $23M
Famed architect lists Southampton estate for $23M
Richard Gere and 81 Lyndel Road in Pound Ridge (Getty Images, Ginnel Real Estate)
Richard Gere finds buyer for $28M Westchester estate
Richard Gere finds buyer for $28M Westchester estate
Trixie Mattel at her new motel. (Instagram)
Trixie Mattel’s new series puts a Palm Springs motel in drag
Trixie Mattel’s new series puts a Palm Springs motel in drag
The childhood home of Beastie Boy Mike D, which was owned by his art-collector mother, Hester Diamond. (The Corcoran Group)
Childhood home of Beastie Boy Mike D on market for $19.5M
Childhood home of Beastie Boy Mike D on market for $19.5M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...