jamie dimon

Jamie Dimon's Chicago Mansion Under Contract At Long Last

Filed under: Estates

We like to think we might have helped JP Morgan CEO Jamie Dimon finally sell his mansion on Chicago's Gold Coast. After all, since we posted it as our estate of the day back in July there's been a flurry of attention about the lavish home and now after years on the market it has finally sold. The Wall Street Journal's Developments blog reports that after a nearly 50 percent price drop the eight-bedroom home the mansion sold for an undisclosed price. The WSJ quotes listing agent Janice Owen as saying the unnamed buyer "saw that it was priced correctly and he went for it." Indeed it does seem that he got a bit of a deal, the mansion was priced at $13.5 million in 2007. It was most recently listed for $6.95 million. Dimon paid $4.68 million back in 2000 but hasn't lived in the home in recent years.

The eight-bedroom home was built in 1870 but has been lavishly adapted for the modern executive. The home is spread out over four stories and includes a 900-square-foot rooftop terrace outfitted with ample seating in both sun and shade. There is a second floor master suite, wine vault, an elegant gold and eggplant media room and gym decorated with sports memorabilia and crowned with a starry dome.

Our next Chicago real estate mission: helping gum exec. Bill Wrigley Jr. sell off his raw space penthouse, still at $14 million making it the tops of the Chicago market.

Gallery: 25 East Banks

Tags: chicago real estate, jamie dimon, jp morgan

Sunday Real Estate Round-Up, 09/12/10

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

From the LA Times Hot Property:
-- A home rented by Heidi Montag for $25,000 a month is now on the market for $5.5 million. The listing is here.

From the NY Observer:
--Amy Redford has sold her Greenwich Village apartment for $985,000.
--A duplex at 950 Fifth Avenue, the exclusive seven-unit co-op that is also home to Mort Zuckerman has sold for $25 million.
--Businessman Paul Cejas, who recently sold his home at 834 Fifth Avenue to Swiss tycoon Maurice Amon, is joining the ranks at the Carlyle, purchasing an 11th-floor co-op for $5.6 million.
--Psychologist/author Anne-Renee Testa has sold her apartment at 860 Fifth Avenue to investment banker Marc Rothfeldt for $3.35 million.
--A townhouse at 15 East 77th Street once owned by fashion legend Diana Vreeland's parents has sold for $8 million.
--Investment banker Jay Drezner, brother of the conservative pundit Daniel Drezner, has purchased a $1.9 million apartment on the Upper West Side.
Fashion designer Pamella DeVos, the designer behind the Pamella Roland brand, and her husband, Daniel DeVos, the son of Amway billionaire Rich DeVos, have purchased a $3 million apartment at the Chatham at East 65th Street, next door to the 1,700-square-foot apartment they already own in the building.
--The trustees for the late All in the Family star Carroll O'Connor have sold his $2.75 million home at 75 Central Park West.
--Michael van Biema, author of books on value investing, has purchased an apartment at 440 Riverside Drive for $1.55 million.
The grandson of Nan Kempner, bought a $1.52 million apartment at 30 Fifth Avenue with his newlywed bride, Baily.

From the NY Post:
--NY Yankee Alex Rodriguez has been spotted apartment hunting with Cameron Diaz. They toured a 5,600- square-foot duplex on the 21st floor of the Aldyn. The six-bedroom apartment comes with a private swimming pool and hot tub on the terrace. If you want to get your peek at the building, eight apartments on the 14th floor will open as a benefit showhouse. The public will be invited starting on September 21 and it will run until December 10.
--Kelsey Grammer and his new, pregnant girlfriend, Kayte Walsh, 29 are looking for an apartment. They were seen looking at a $5.995 million SoHo co-op at 84 Mercer St.
--Mexican soccer star Rafael Marquez and his model girlfriend, Jaydy Michel, were the first to tour the Chelsea Skyhouse at 213 W. 23rd St. The five-bedroom triplex is selling for $10 million.

From the NY Times:
--Rita Magli, the creative director at Bruno Magli in the 1990s, has bought a place at the Cammeyer, a prewar building at 650 Avenue of the Americas that was converted to condos in 2007. She paid $2.325 million for a two-bedroom two-bath apartment that was the model apartment for the building.
-- James Shaffer, also known as Munky, the guitarist for the band Korn, has listed his loft on West 37th Street with Thomas Demsker of Demsker Realty for $1.295 million. The listing is here.

Gallery: Munky on West 57th Street

From the Real Estalker:
--Amy Adams and Darren Le Gallo have picked up a home in Beverly Hills for $3.165 million.

Tags: Adam Burish, alex kapranos, alex rodriguez, amy redford, bob geldof, celebrity real estate, Charles Tillman, heidi montag, jamie dimon, kelsey grammer, Munky

Continue reading “Sunday Real Estate Round-Up, 09/12/10”

Jamie Dimon's Slow Seller, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

How does JP Morgan CEO Jamie Dimon live? Quite well, thank you very much. We first checked out his home on Chicago's Gold Coast last year but a new listing offers a deeper look at Dimon's well-decorated environs. His eight-bedroom home was built in 1870 but has been lavishly adapted for the modern executive. The home is spread out over four stories and includes a 900-square-foot rooftop terrace outfitted with ample seating in both sun and shade. There is a second floor master suite, wine vault, an elegant gold and eggplant media room and gym decorated with sports memorabilia and crowned with a starry dome.

Dimon has been the CEO and president of JP Morgan since 2005 and has been an integral part of overseeing the $25 billion in TARP funds that JPMorgan Chase received. He hasn't lived in the Gold Coast home since 2004. He bought the home in 2000 for $4.68 million and originally put it on the market several years ago for $13.5 million. It was at $10.5 million when we checked it out last year but had a price cut earlier this year to $9.5 million. The only property listed for more in the area is Bill Wrigley Jr.'s raw penthouse space.

Gallery: 25 East Banks

Tags: chicago, chicago real estate, estate of the day, illinois real estate, jamie dimon, JP Morgan, jp morgan chase

Continue reading “Jamie Dimon's Slow Seller, Estate of the Day”

Sunday Real Estate Round-Up, 05/02/10

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

From the LA Times Hot Properties:
--Arizona Cardinal Monty Beisel has listed his contemporary home in Encino, California for $2.395 million. The listing is here.
--Actor French Stewart and actress and interior designer Katherine LaNasa sold their renovated Hollywood Hills-area home in early March for $3.637 million and now their buyer has resold it for $4.08 million.
Oscar-winning rapper Juicy J has sold his Sherman Oaks house for $1.82 million.

From the Real Estalker:
--Jane Fonda is the latest celebrity to move into the Sierra Towers in West Hollywood picking up a modest one-bedroom rental.
--Cher's son Elijah Blue sold a two-bedroom home in West Hollywood, California for $1.1 million in January.
--Sonja Morgan who is on the Real Housewives of New York City had listed her five-bedroom home in New York City for $7.25 million before pulling it off the market last month.
--Stephen Dorff has listed his Malibu beach house for $50,000 a month. The listing is here.
--Rumor has it that real estate developer Mohamed Hadid has finally sold the ten-bedroom store he built in Los Angeles' Bel Air neighborhood. Last we checked the home was listed at $72 million but now it is listed as "Backup Offers Accepted" meaning that a deal may be in the works.

Gallery: $85 Million in Bel Air

--A home owned by actress Penelope Cruz has hit the market for $3.695 million. The listing is here.

From the Wall Street Journal's Private Properties:
--Karl Rove is in contract to sell his five-bedroom Washington D.C. home, which had been listed for $1.59 million. Rove and his wife, Darby, bought the three-level brick home for $799,000 in 2001.

Gallery: Karl Rove In Washington DC

--A limited-liability company linked to James Jannard, founder of sunglasses and apparel maker Oakley, has bought property in Beverly Hills for $19.9 million.
--Well-known fund manager John Laporte and his wife, Andrea, have bought a home in Ketchum, Idaho, for $5.5 million, more than 20% lower than its original $6.95 million listing in the summer.

Tags: celebity real estate, elijiah blue, french stewart, jamie dimon, jesse james, juicy j, kimora lee simmons, louis auchincloss, monty beisel, penelope cruz, sandra bullock, sonja morgan, stephen dorff, sting

Continue reading “Sunday Real Estate Round-Up, 05/02/10”

Jamie Dimon's Chicago Home On The Market For A Reduced Price

by Deidre Woollard (RSS feed) —

Filed under: Estates

How does JP Morgan CEO Jamie Dimon live? His $10.5 million home on Chicago's Gold Coast offers a hint. The eight-bedroom home was built in 1870 and measures approximately 15,000 square feet over four stories. It includes a 900-square-foot rooftop terrace.

Dimon has been the CEO and president of the company since 2005 and has been an integral part of overseeing the $25 billion in TARP funds that JPMorgan Chase received. He hasn't lived in the Gold Coast home since 2004.

He is asking $10.5 million for the home which puts it at the peak of homes currently listed for sale in Chicago. The home was listed for $13.5 million about two years ago. Back then Berg Properties reported that the home was purchased by Dimon and his wife in 2000 for $4.68 million so he could still make some money on the deal.

[via Cityfile, via Blockshopper]

Gallery: Jamie Dimon in Chicago