Billionaire David Koch buys (my) New York townhouse on a whim for $40MILLION and pays for it in CASH

Hotlantan

Beep beep. Who's got the keys to the Jeep? VROOM!
BGOL Investor
Billionaire Trump foe David Koch 'buys New York townhouse on a whim for $40million and pays for the whole thing in CASH'
  • David and Julia Koch, New York's richest couple, have reportedly bought seven-story townhouse in New York
  • Couple are said to have paid $40million in cash for the property, located in Manhattan's Upper East Side
  • House has seven floors, eight bedrooms, ten bathrooms, four half bathrooms, a chef's kitchen and a full gym
  • Couple are said to have fallen in love during a viewing and 'just had to have it'
http://www.dailymail.co.uk/news/art...-York-townhouse-whim-40million-pays-CASH.html
https://nypost.com/2018/08/28/nycs-richest-couple-buys-40m-mansion-on-a-whim/
https://www.elliman.com/new-york-city/110-east-76-street-manhattan-gujrrqg


david-and-julia-koch.jpg



Billionaire businessman David Koch and his wife Julia have snapped up a luxurious seven-story New York townhouse for $40million, it has been reported.

The Republican donor, who made enemies of Donald Trump during the election, bought the property on a whim after viewing it and deciding he 'had to have it', the New York Post says.

Koch and his wife, who are New York's richest couple with an estimated net worth of $50.2billion, allegedly paid for the entire thing in cash.

4F7FE62F00000578-6110817-image-a-89_1535557080512.jpg

David Koch and wife Julia have reportedly bought this seven-story townhouse on Manhattan's Upper East Side, located just off Park Avenue and two blocks from Central Park

4F7FE61100000578-6110817-image-a-91_1535557082686.jpg

The property was listed for $51million after being developed by real-estate mogul Joseph Chetrit, but reportedly sold for $40.25million after Koch agreed to pay in cash

4F7FE65900000578-6110817-image-a-94_1535557085207.jpg

The property features eight bedrooms, 10 bathrooms, four half-baths, and plenty of entertaining space, including this bar area located on one of its seven floors

4F7FE68D00000578-6110817-image-a-96_1535557089953.jpg

Downstairs is a chef's kitchen which backs on to a wall of glass, overlooking the landscaped courtyard

4F7FE6B300000578-6110817-image-a-97_1535557101918.jpg

One of the home's family spaces, located on the ground floor, which also features a marble entryway and sweeping staircase

4F7FE69700000578-6110817-image-a-100_1535557103793.jpg

The rear courtyard is clad in limestone and has been landscaped to include several stunning ivy sculptures

4F7FDE6500000578-6110817-image-m-117_1535557170550.jpg

Koch and Juila, who met on a blind date and married in 1996, reportedly fell in love with the property after a viewing and decided they 'just had to have it'


The home features eight bedrooms, ten bathrooms, four half bathrooms, and is located on Manhattan's Upper East Side - just off Park Avenue and two blocks away from Central Park.

On the ground floor is a marble entrance, a sweeping grand staircase, a chef's kitchen and family room. The rear wall is made of glass and overlooks a limestone-clad and landscaped garden to the rear.

The master suite is bigger than most New York apartments on its own, spanning 1,500sq ft with its own separate sitting room, fireplace and double baths.

Elsewhere is a separate service entry, a security room and a staff suite - along with a gym and a roof terrace.

The property was developed by real-estate mogul Joseph Chetrit who bought it as part of a package deal for six 19th-century row houses in 2007 for a combined $26million.

Chetrit gutted the properties and turned them into three double-wide homes. Koch bought the largest of the trio, which had initially been listed for $51million.

Even at the reduced price, Koch's purchase is one of the most valuable on the New York market this year.

The second property is currently on the market for $39million and the third has yet to be listed, making a sound investment for Chetrit.

David and Julia met on a blind date, have been married since 1996 and have three children together.

4F7FE67D00000578-6110817-image-a-101_1535557107740.jpg

The home was created by real-estate mogul Joseph Chetrit who knocked two 19th-century properties through to make a luxurious double-wide home

4F7FE6A500000578-6110817-image-a-103_1535557111903.jpg

Agents initially listed the property for $51million, but even at the reduced price of $40million it is one of the most expensive deals done in New York so far this year

4F7FE67100000578-6110817-image-a-105_1535557116841.jpg

Another of the home's many entertaining spaces, which includes a spacious roof terrace for the summer months

4F7FE6C500000578-6110817-image-a-109_1535557133776.jpg

Another view of the first-floor kitchen, which is large enough for entertaining. The home also includes staff quarters, should Koch decide to employ a chef

4F7FE64200000578-6110817-image-a-111_1535557144166.jpg

One of the home's 10 bathrooms. The bathroom located off the master suite is far larger than the one pictured here, and has double bathtubs for Koch and his wife to relax in

4F7FE66500000578-6110817-image-a-113_1535557146363.jpg

The home's grand staircase is one of its most stunning features, but it also features an elevator with access to all seven floors in case the stairs feel like too much effort

4F7FD5E400000578-6110817-image-a-116_1535557148711.jpg

Koch's new home (far right) is one of three double-wide properties created by Chetrit who managed to scoop up the originals for $29million. The second home is now on the market for $39million, while the third has yet to be listed
 

TimRock

Don't let me be misunderstood
BGOL Investor
waiting for all the niggas to come in and tell us how he couldve used that money to build schools and feed the homeless
oh wait...hes white, so they arent gonna say shit
I believe he's already done those things and more... He's contributed more than 750m to various programs....... Just saying.
 

Mrfreddygoodbud

Rising Star
BGOL Investor
and btw they got much doper shit than that in that area....... its just

they aint selling that shit, they keepin that shit in the family....
 

blackbull1970

The Black Bastard
Platinum Member
I believe he's already done those things and more... He's contributed more than 750m to various programs....... Just saying.

Guys like him don’t “Contribute”.

It is a Investment.

The Koch Bros donated money to the United Negro College Fund to keep it going.

And they have donated money to certain HBCU’s.

What do they expect in return...they dictate what the curriculum is to be taught in those schools and what curriculums need to be removed.
 

slewdem100

Rising Star
OG Investor
I’m aware of who he is and what he’s done
Niggas up here ignore the contributions of other Black people just to shit on them when a wealth post is made

Worthless existence
I get what you are trying to say....but they're worth 50 billion and they are old as hell....they would have to lose over 49 billion to get to Floyd Mayweather level...also some of us just dont want to see Floyd, Jay Z etc go broke....watching this dude lose all his money would be a source of great amusement
 

D24OHA

Rising Star
BGOL Investor
1/10th of 1% of his wealth >$40 million cash

Lemme find a way to get some of his cash for the culture
 

YoungSinister

Rising Star
BGOL Investor
I get what you are trying to say....but they're worth 50 billion and they are old as hell....they would have to lose over 49 billion to get to Floyd Mayweather level...also some of us just dont want to see Floyd, Jay Z etc go broke...

lol please. half of the posts in a mayweather thread are about how he is going to go broke....even though he always states that he has investments that continually bring him in money
most Black males want to see other Black men operate on the same level that they do. crabs in a bucket isn't just a saying.
some cats always want to defend the worst behavior
 

slewdem100

Rising Star
OG Investor
lol please. half of the posts in a mayweather thread are about how he is going to go broke....even though he always states that he has plenty of investments that continually bring him in money
most Black males want to see other Black men operate on the same level that they do. crabs in a bucket isn't just a saying.
some cats always want to defend the worst behavior
Wont deny some of that shit is crab in a barrel shit
 

BlackRob

Rising Star
BGOL Investor
You think she would be with him if he wasn't super rich?

He looks like a :idea:dried up saggy ass Grandfather Toad

Doesn’t mention ages but curious. Wifey has been with old dude for 12 years. You figure after five years and kids that’s enough pack up and leave and collect a $50 million check.
 

Mrfreddygoodbud

Rising Star
BGOL Investor
lol please. half of the posts in a mayweather thread are about how he is going to go broke....even though he always states that he has investments that continually bring him in money
most Black males want to see other Black men operate on the same level that they do. crabs in a bucket isn't just a saying.
some cats always want to defend the worst behavior

on a micro level yes there is jealousy but thats just uncontrolled ego on some of us as opposed to crab in a barrel. which exist but not so much in this case

.... on a macro level nah we like to see us doing well

the only folks I hear talking mayweather going broke were the same ones sayin mike jackson was broke...

and everytime they said it, he went on a shoppin spree...

but haters come in all shapes sizes and flavors...

haters hate thats what they came here to do.
 

Mrfreddygoodbud

Rising Star
BGOL Investor
the house is dope and I would love to vacation in some shit like that every now and then...

but to live in it... nah waaaaayy tooo fuckin big, for just a couple and their occassional dinner parties, guest and friends..

I guess when you on that ol pink pale lizards level, you just have to take up as much space as you can, whether you need it or not...

to support the illusion the world is over populated...
 
Top