The changes Kanye West has made to his former Malibu mansion are being called “stupid” by the home’s new owner.
The Tadao Ando-designed space was gutted by the 47-year-old rapper in 2021, with renovations never being completed.
CEO Bo Belmont, who runs the real estate crowdfunding company Belwood Investments, recently bought West’s home for $21 million, millions less than the asking price.
About Kanye’s choice to remove the glass finish from the floor, he told the newspaper Los Angeles Times: ‘That was a really stupid move. Really no goal.’
‘This is not only a phenomenal real estate investment; it is an opportunity to revive and preserve an architectural gem of the famed Tadao Ando so that it remains a jewel of Malibu,” Belmont said in a press release. New York Post.
Kanye West’s changes to his former Malibu mansion are being called ‘stupid’ by the home’s new owner; pictured in February
The Tadao Ando-designed space was gutted by the 47-year-old rapper in 2021, with renovations never completed
Elsewhere in his press statement, Bo said: ‘We are incredibly excited about the purchase of this property.’
The home was built in 2013 by Pritzker Prize winner Ando for art collector and financier Richard Sachs.
“My goal is to make it seem like Kanye was never there. The house will be restored to the way it was,” the new owner told the LA Times.
In July it was reported that the house had been purchased, but the owner and price were not known until the end of August.
The mansion is approximately 4,000 m² in size and has four bedrooms and five bathrooms.
The Chicago-born music artist took it off the market in 2021 for a whopping $57.25 million.
He later removed the complex’s windows, doors, electricity and plumbing as he planned to turn the stairs into a slide, the floors, trampolines and the facade camouflage, the Times said.
One of the workers hired to help clear the house spoke up New Yorker in June that West wanted to create a “fallout shelter” and his “Batcave.”
CEO Bo Belmont, who runs the real estate crowdfunding company Belwood Investments, recently bought West’s home for $21 million, millions less than the asking price
Regarding Kanye’s choice to remove the glass finish from the floor, Belmont told the Los Angeles Times, “That was a really dumb move.” Really no goal
‘This is not only a phenomenal real estate investment; it is an opportunity to revive and preserve an architectural gem of the famed Tadao Ando so that it remains a jewel of Malibu,” Belmont said in a press release.
Despite the radical renovations, Belmont noted that the home’s structure was “primarily cosmetic.”
The Yeezy designer initially put the house on the market for $53 million, then lowered it by $14 million to $39 million last April.
For the sale, Kanye enlisted the expertise of real estate agent Jason Oppenheim of The Oppenheim Group, made famous by the Netflix reality series Selling Sunset.
Oppenheim told TMZ he was optimistic about the property’s sale, describing the mansion as “essentially a blank canvas” for potential buyers.