Weekend Argus (Saturday Edition)

Amazon founder buys museum

-

WASHINGTON – DC’s Kalorama neighbourh­ood just keeps getting swankier: Amazon founder and Washington Post owner Jeff Bezos has bought the former Textile Museum, a 8 230m2 property, intending to convert it into a single-family home, according to a person with knowledge of the sale.

Bezos’ neighbours will include President Barack Obama and his family, who are renting a property nearby for their post-White House home, as well as future first daughter Ivanka Trump and her husband, incoming presidenti­al adviser Jared Kushner.

Bezos’ new home – the largest in Washington – sold on October 21 for $23 million (R311m) in cash to a buyer described in public documents as the Cherry Revocable Trust. But word about the identity of the new billionair­e next door has been circulatin­g around the enclave that ambassador­s and cabinet secretarie­s have long called home.

Bezos, wife McKenzie and their four children live in the Seattle area. When he purchased The Post in 2013, Bezos said he didn’t plan to relocate to “the other Washington.” “I won’t be leading The Washington Post day-to-day,” he told Forbes.

The home is expected to be an East-coast pied a Terre for the family – allowing him to avoid hotel bills – but the ample space means there’s plenty of room for entertaini­ng.

The property spans two historic mansions, which housed the Textile Museum for nearly 90 years until it moved to George Washington University’s campus in 2013. The two mansions were sold together in May 2015 for $19m, the largest residentia­l sale in the District of Columbia that year. They were put back on the market in 2016 at $22m.

The property has drawn interest not just because of its sprawling size but its architectu­ral pedigree. In 1912, Textile Museum founder George Hewitt Myers hired John Russell Pope to design his home at 2320 South Street.

A decade later, Myers bought the adjacent mansion, which was designed by noted Washington architect Waddy Butler Wood. Both properties are on the National Register of Historic Places.

Renovation plans drawn up by prominent local architectu­re firm Barnes Vanze are under review by the local Advisory Neighbourh­ood Commission. – Washington Post

 ??  ?? Amazon founder Jeff Bezos
Amazon founder Jeff Bezos

Newspapers in English

Newspapers from South Africa