Jeff Bezos snags three Fifth Avenue condos for $80M

Jeff Bezos’s New York City apartment hunt may finally be coming to an end: The Amazon founder and CEO has reportedly picked up three condos—including a penthouse that was previously listed for $58 million—at 212 Fifth Avenue, according to the Wall Street Journal.

Bezos has been searching for the perfect palatial spread for the past few months, even after the deal to bring Amazon HQ2 to Long Island City fell apart. In April, the New York Post reported that the tech mogul—whose net worth is around $140 billion—was shopping for an apartment around $60 million, and had checked out residences at the ultra-swanky 220 Central Park South.

The building is developed by Madison Equities, with Thor Equities as a partner; following the WSJ piece, the developers announced that 212 Fifth Avenue is now sold out.

“212 Fifth Avenue epitomizes New York luxury and perfectly captures the rich history and elegance Madison Square Park exudes,” Thor Equities CEO Joseph Sitt said in a statement. “The neighborhood was carefully chosen for this acquisition and development, as it exemplifies the evolving tastes of the world’s wealth from traditional neighborhoods of years past.”

The apartments that Bezos is reportedly purchasing include a 10,000-square-foot penthouse that first listed in 2016 for $68.5 million, and has subsequently gotten a price bump (to $74 million in 2017) and another price cut (to $62.8 million). The penthouse is a triplex with five bedrooms, five bathrooms, and nearly 6,000 square feet of outdoor space. As we previously reported, the observatory on the third floor of the penthouse opens up into a 950-square-foot terrace that offers up views of the Empire State Building, the Flatiron Building, and the World Trade Center. Bezos allegedly also bought two other apartments within the building, totaling $28 million.

Bezos’s apartment-hunting comes just a few months after Amazon abruptly canceled its plans to bring half of its second North American headquarters to Long Island City. When the HQ2 deal was initially announced last November, it came under scrutiny for including, among other things, a private helipad, though possible use cases for it were purely speculative. (212 Fifth Avenue does not, as far as we know, have a helipad.)