Madonna has reportedly settled her lawsuit with a New York co-op board, which refused to allow her to buy her neighbor's apartment. "I bought the apartment upstairs, so now everything's A-OK," she told New York magazine.
For those who don't follow her exploits, the artistic force behind "Like a Virgin"--who, oddly, tends to slip into a British accent these days--is something of a property mogul. She and her husband, director Guy Ritchie, own several properties in London alone, in addition to property in Miami, New York and Los Angeles. In the industry, she is known as a savvy operator, who usually buys in top-end neighborhoods. Her deals have even been known to bump property values, according to this New York Times article.
In New York, a half-dozen blogs and columnists track the Material Girl's every real estate whim. It was big news when she (and Bono) decided not to buy in Julian Schnabel's much-discussed Palazzo Chupi.
source : iht.com
Article from New York Magazine :
Because Daily Intel's pursuit of all things Schnabel is not bound by geography or actually, gravity, we asked Berlin-based reporter Lawrence Ferber to corner Madonna at the Berlin Film Festival this week, where she was promoting the film she directed, Filth and Wisdom, and ask her why she had rejected the Chupi of our dreams. Here is his report:
"What a strange question!" Madonna laughed when we asked her about the Palazzo Chupi. So we laughed too, like "Ha-ha-ha-ha, we're not psycho." "How did you know that?" she asked. Er, we have our ways. Madge confirmed she had looked at the Chupi and decided not to move in. But not, it turned out, for fear of seeing a Schnaked Schnabel slipping into the swimming pool. "I love the house," she explained. "But it's not child-friendly, which is why I didn't end up moving there." Also, she was able to iron out the issues she was having with her co-op board at Harperly Hall. I bought the apartment upstairs, so now everything's A-OK," she said. She and Schnabel will continue to be friends. "I love [Julian]," she gushed. "He's awesome." We think so too! Maybe we can all be friends! Madge?
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