Kanye pulls out of deal to buy Kim Ksh1.4 billion apartment, loses Ksh60 million

KANYE WEST AND KIM KARDASHIAN [PHOTO | COURTESY]

Kanye West has pulled out of the $14 million (Ksh1.4 billion) purchase of an apartment he bought for wife Kim Kardashian for Christmas, and now the place is back on the market, Page Six reports.

In December last year, West “saw the property during Art Basel, and bought it as a Christmas surprise present for Kim.

The luxe pad was in Miami’s gleaming so-called “billionaire beach bunker,” designed by Norman Foster.

It, however, appears that Kanye West has pulled out of the deal.

Sources told Page Six that Kardashian wasn’t so happy about the expensive surprise and has told Kanye to stop any further negotiations for the property.

That means the rapper will lose his deposit, which Page Six says was about $600,000 (Ksh60 million)

The entertainment news outlet, however, reports that West has blamed reversing his decision on “leaks” surrounding the sale.

Insiders told Page Six that West can’t logically blame “leaks” — since he did, after all, turn up to buy the place with paparazzi following him and an entourage and film crew in tow, which even shot footage of the rapper on the property’s oceanfront balcony as he sealed the real-estate deal.

But a rep for West commented: “None of those reasons mentioned [for pulling out of the purchase] are true. When Kim and Kanye went to Miami to view the condo together after Christmas, Kim loved it, but felt it was not private enough for them. They are now looking for a vacation home that is more secluded and offers much more privacy for their family.”

Residents reportedly include Lloyd Blankfein, Len Blavatnik and José Fanjul Jr.

tagged in:


Categories: Uncategorized | Comments