Amazon’s (NASDAQ:AMZN) Bezos, the Anonymous Buyer of Biggest House in DC

Amazon’s (NASDAQ:AMZN) Bezos, the Anonymous Buyer of Biggest House in DC

Amazon’s (NASDAQ:AMZN) Bezos, the Anonymous Buyer of Biggest House in DC

$AMZN

Amazon founder and Washington Post owner Jeff Bezos has bought the former Textile Museum, a 27,000 sqf property, intending to convert it into a single-family home, so he will be close to his “pal” Barack Hussein Obama and the back door to the Obama Kitchen

Mr. Bezos’ neighbors will include President Obama and his family, who are renting a property nearby for their post-White House home as well as future 1st daughter Ivanka Trump and her husband, incoming Presidential adviser Jared Kushner. So, if he gets tired of Obama Fare, he can easily ankle over to Trump Land’s haut cuisine .

The home, the largest in Washington, DC, sold on 21 October, for $23-M in cash to a buyer described in public documents as the Cherry Revocable Trust. But word about the identity of the mogul next door has been circulating around the exclusive enclave that Ambassadors and Cabinet secretaries have long called home.

Jeff Bezos, wife McKenzie and their 4 children live in the Seattle area.

When he purchased the WP in Y 2013, Mr. Bezos said he did not plan to relocate to “the other Washington.” “I will not be leading The Washington Post day-to-day,” he told Forbes.  There are no indications he will move here permanently.

The home is expected to be an East-coast HQ for the family but the ample square footage means there’s plenty of room for entertaining. (Take a tour of the property here.)

The property at 2320-2330 S Street NW spans 2 historic mansions, which housed the Textile Museum for nearly 90 years until it moved to George Washington University’s campus in Y 2013.

The two mansions were sold together in May 2015 for $19-M, the largest residential sale in the District that year. They were put back on the market in 2016 at $22-M.

The property has drawn interest not just because of its size but its architectural pedigree.

In Y 1912, Textile Museum founder George Hewitt Myers hired John Russell Pope, architect of the Jefferson Memorial, to design his home at 2320 S St. A decade later, then Mr. 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 Neighborhood Commission.

Stay tuned…

 

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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