Dropping records may heat up the charts, but they flooded the Hamptons mansion of L.A. Reid.
The Sagaponack property of the Grammy-winning record executive and former X Factor judge, currently on the market for nearly $19 million, suffered some polar vortex damage last Saturday.
STORY: Hollywood's 3 Biggest Real Estate Sales of 2013
According to Patch, the Bridgehampton fire department responded to an automatic fire alarm, arriving at the property as 911 dispatchers relayed that they had received a call from a housekeeper, reporting a fire in the finished basement. Engines were called off minutes later, as the fire chief concluded that the smoke was actually steam coming from the furnace room. The water was shut off, preventing further flooding due to the home's frozen pipes.
The 7,000-square-foot house has 8 bedrooms, 9.5 baths, a tennis court and saltwater swimming pool, reports The Real Deal. The finished basement level includes a gym and a temperature-controlled wine cellar, lined floor-to-ceiling with built-in bottle racks. The property was listed this past summer.
STORY: TLC Shoot Down Epic Records Dismissal Rumors
In other L.A. Reid real estate news, The Real Deal also reports that the Epic Records chairman has sold his Park Avenue apartment to Broadway producer Harold Prince for $16.5 million. The 5,000 square-foot condo at the corner of East 60th St. was listed in May 2013 for $18.9 million. Reid bought the unit in 2000 for $9.43 million.
The Hollywood Reporter photographed Reid -- and his impressive closet -- at the Manhattan apartment in May 2012. See the pictures here.
0 comments:
Post a Comment