The new owner of Kanye West’s former Malibu property has called the changes he made there “dumb.”
Three years ago, Kanye paid $57.3 million for the Tadao Ando-designed property. He gutted the building in preparation for major repairs, but he was recently forced to sell it at a $36 million loss.
Belwood Investments, a real estate crowdfunding company with headquarters in California, purchased it. CEO Bo Belmont told the Los Angeles Times, “That was a really dumb move.” Really has no meaning.
“He was the only one who could damage this gem of architecture. My intention is to create the impression that Kanye never existed. The house will be rebuilt just as it was.
In addition to removing the house’s windows, doors, plumbing, and power, Kanye intended to conceal the outside of the building, make the floor into trampolines, and convert the staircase into a slide.
“It would have required extensive review,” Belmont continued. There is a procedure, and he follows his own methods. The people of Malibu will hold you responsible regardless of your identity.
