Jeff Bezos adds to spread at 212 Fifth with $16M buy

Amazon chief spent $80 million on a three units at the condo last year

National /
Apr.April 17, 2020 09:00 AM
Amazon CEO Jeff Bezos and 212 Fifth Avenue (Credit: Bezos by Andrej Sokolow/picture alliance via Getty Images; Google Maps)

Amazon CEO Jeff Bezos and 212 Fifth Avenue (Credit: Bezos by Andrej Sokolow/picture alliance via Getty Images; Google Maps)

After dropping $80 million on three units at 212 Fifth Avenue last year, Amazon CEO Jeff Bezos has gone in for a fourth.

Property records filed Thursday show that unit 20B, which is adjacent to Bezos’ other units, closed on April 7 for $16.1 million. While the transaction was made using an LLC, the New York Post identified Bezos as the buyer.

The property went into contract on Feb. 25, the records show — about a month before the governor issued a sweeping stay-home order that shuttered businesses across the city and prohibited in-person home showings.

The latest purchase at 212 Fifth Avenue — a residential conversion by Madison Equities, Building and Land Technology and Thor Equities — will allow Bezos to create a sprawling home stretching across several floors. Building permits were filed for the site after Bezos’ first purchase last year.

The billionaire has made several splashy real estate buys of late. This February, he spent $165 million on David Geffen’s massive Beverly Hills estate, a deal that was negotiated on the former music mogul’s famous yacht, the Rising Sun, according to sources.

However, the pandemic may have slowed the buying spree: In March, as the economy tumbled, Bezos pulled out of a $90 million deal to buy the late Paul Allen’s 120-acre “Enchanted Hill” property in Beverly Crest, Los Angeles.

The scuttling of the deal put the property back on the market, asking $110 million. [NYP] — Sylvia Varnham O’Regan


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