Kanye West has reduced the asking price of his 4,000-square-foot Malibu property from $53 million to $39 million due to difficulties finding a buyer for the gutted house.
In 2021, West acquired the residence, designed by Tadao Ando, for an astounding $57.3 million from bicycle designer Richard Sachs. He proceeded to strip the house of all its fixtures and furnishings, including removing windows and doors. The following year, West enlisted contractors to commence extensive renovations. However, construction abruptly ceased within a year, leaving parts of the structure exposed to the elements. Reports indicate that neither West nor his contractors have been seen at the property since. This serves as yet another unfinished project in West’s portfolio.
The challenges of incomplete renovations and the inability to sell the house are not the only issues with the Malibu property.
In September 2023, Tony Saxton, a contractor involved in the project, filed a lawsuit against West that cited hazardous work conditions.
In 2021, West acquired the residence, designed by Tadao Ando, for an astounding $57.3 million from bicycle designer Richard Sachs. He proceeded to strip the house of all its fixtures and furnishings, including removing windows and doors. The following year, West enlisted contractors to commence extensive renovations. However, construction abruptly ceased within a year, leaving parts of the structure exposed to the elements. Reports indicate that neither West nor his contractors have been seen at the property since. This serves as yet another unfinished project in West’s portfolio.
The challenges of incomplete renovations and the inability to sell the house are not the only issues with the Malibu property.
In September 2023, Tony Saxton, a contractor involved in the project, filed a lawsuit against West that cited hazardous work conditions.
- 4/27/2024
- by Baila Eve Zisman
- Uinterview
As it turns out, it’s actually quite difficult to sell a house with no windows, electricity, or plumbing for $50 million, as Kanye West (now known as Ye) has learned first-hand. As reported by Forbes, West has dropped the asking price of his 4,000-square-foot house in Malibu from $53 million to $39 million after struggling to sell the gutted property.
West originally bought the Tadao Ando-designed home in 2021 for a whopping $57.3 million from bicycle designer Richard Sachs. He subsequently gutted any existing fixtures and furnishing, including removing the windows and doors. The following year, West hired contractors and started prepping for what seemed to be substantial renovations. Within a year, however, construction halted, leaving parts of the structure completely exposed to the elements. According to reports, neither West nor his contractors have been spotted on the property in the time since. Mark it down as yet another unrealized Ye project.
West’s...
West originally bought the Tadao Ando-designed home in 2021 for a whopping $57.3 million from bicycle designer Richard Sachs. He subsequently gutted any existing fixtures and furnishing, including removing the windows and doors. The following year, West hired contractors and started prepping for what seemed to be substantial renovations. Within a year, however, construction halted, leaving parts of the structure completely exposed to the elements. According to reports, neither West nor his contractors have been spotted on the property in the time since. Mark it down as yet another unrealized Ye project.
West’s...
- 4/22/2024
- by Jonah Krueger
- Consequence - Music
The stars have aligned! Ashley Olsen and Louis Eisner's friendship has reportedly turned romantic, and the two are "definitely dating." After meeting through mutual high school friends over five years ago, the pair began spending more time together and sparks started flying between them last year, according to RadarOnline. The artist and Ashley are "very much in love." The former Fuller House actress has a close bond with Louis' family, as his jewelry designer mother Lisa “knows Ashley through their connection to the fashion world,” their insider claimed. “Ashley went to the family home for Thanksgiving last year.” Ashley's also been quite the supportive girlfriend, treating him to a spa date after he broke his hand and to a European vacation for his 30th birthday in July. Ashley, 32, has previously dated much older men, as she was last romantically linked to financier Richard Sachs, 60, and artist George Condo, 61. However, this time,...
- 9/9/2018
- by Samantha Benitz
- In Touch Weekly
The stars have aligned! Ashley Olsen and Louis Eisner's friendship has reportedly turned romantic, and the two are "definitely dating." After meeting through mutual high school friends over five years ago, the pair began spending more time together and sparks started flying between them last year, according to RadarOnline. The artist and Ashley are "very much in love." The former Fuller House actress has a close bond with Louis' family, as his jewelry designer mother Lisa “knows Ashley through their connection to the fashion world,” their insider claimed. “Ashley went to the family home for Thanksgiving last year.” Ashley's also been quite the supportive girlfriend, treating him to a spa date after he broke his hand and to a European vacation for his 30th birthday in July. Ashley, 32, has previously dated much older men, as she was last romantically linked to financier Richard Sachs, 60, and artist George Condo, 61. However, this time,...
- 9/5/2018
- by Samantha Benitz
- Life and Style
Ashley Olsen may have a new man!
Over the weekend, the 31-year-old designer was spotted walking side by side a new mystery man in L.A. And naturally, she wore the perfect east coast-meets west coast outfit.
She was seen wearing a black dress with a black duster jacket and bag (very New York) with a pair of sporty slip-on shoes perfect for sunny L.A.
Related Photos: Ashley Olsen Just Wore Pink Pants — and More of Her and Mary-Kate’s Most Anti-Olsen Moments
This marks the first possible new beau she’s had since since splitting up with financier and art collector Richard Sachs,...
Over the weekend, the 31-year-old designer was spotted walking side by side a new mystery man in L.A. And naturally, she wore the perfect east coast-meets west coast outfit.
She was seen wearing a black dress with a black duster jacket and bag (very New York) with a pair of sporty slip-on shoes perfect for sunny L.A.
Related Photos: Ashley Olsen Just Wore Pink Pants — and More of Her and Mary-Kate’s Most Anti-Olsen Moments
This marks the first possible new beau she’s had since since splitting up with financier and art collector Richard Sachs,...
- 11/27/2017
- by Colleen Kratofil
- PEOPLE.com
It’s a tale as old as time: a rich, successful man divorces his fortysomething wife, only to replace her with a younger lookalike.
That’s what happened to Betty Broderick. After 17 years of marriage and four children, her husband, Dan, told her that he wanted a divorce. He then married his 20something secretary, Linda.
The split sent Broderick into a tailspin. On November 5, 1989, she snuck into her ex-husband’s home carrying a Smith & Wesson revolver. Finding him and his new wife, Linda, in bed, she opened fire. Two bullets hit Linda in the head and chest, killing her instantly...
That’s what happened to Betty Broderick. After 17 years of marriage and four children, her husband, Dan, told her that he wanted a divorce. He then married his 20something secretary, Linda.
The split sent Broderick into a tailspin. On November 5, 1989, she snuck into her ex-husband’s home carrying a Smith & Wesson revolver. Finding him and his new wife, Linda, in bed, she opened fire. Two bullets hit Linda in the head and chest, killing her instantly...
- 4/22/2017
- by Steve Helling
- PEOPLE.com
Mary-Kate Olsen attended the Youth America Grand Prix's annual Stars of Today Meet the Stars of Tomorrow gala with her twin sister Ashley and husband Olivier Sarkozy in NYC on Thursday night. While the French businessman stayed in his seat for most of the event, Mary-Kate and Ashley mingled with guests from the world's leading dance companies as well as young dance students; the twosome stayed close in their oversize black and white ensembles as they posed for photos. Related:The Ultimate Mary-Kate and Ashley Time Machine Mary-Kate may have had her man by her side, but Ashley is recently single after splitting from her boyfriend of five months, 58-year-old art dealer Richard Sachs. The two ended their relationship in March, reportedly because Ashley "wants to focus on her clothing line right now." She and Mary-Kate have been at the helm of their label, The Row, since 2006 and have picked up three Cfda Awards.
- 4/14/2017
- by Brittney Stephens
- Popsugar.com
After five months of dating, Ashley Olsen and her boyfriend, financier Richard Sachs, have called it quits, Us Weekly confirms. "She wants to focus on her clothing line right now," a source told the magazine. "They're still friends and hang out." The fashion designer, 30, was first linked to the 58-year-old in October 2016, and the two eventually took their relationship public when they showed Pda in the stands at an NY Knicks game. They most recently attended a wedding for the twins' friend in New Zealand in February.
- 3/22/2017
- by Kelsie Gibson
- Popsugar.com
Mary-Kate and Ashley Olsen grew up in the spotlight, landing the role of Michelle Tanner on Full House at 6 months old and going on to launch numerous videos and specials in the year following.
But the 30-year-old twins live very different lives nowadays — building a career for themselves as fashion moguls where their time is mostly spent behind-the-scenes.
They launched their high-end couture fashion label, The Row, in 2006 — beginning with a 7-piece collection that included the “perfect T-shirt,” a cashmere wool dress and their favorite cotton sateen leggings. By 2015, Women’s Wear Daily reported the $50 million brand was available through...
But the 30-year-old twins live very different lives nowadays — building a career for themselves as fashion moguls where their time is mostly spent behind-the-scenes.
They launched their high-end couture fashion label, The Row, in 2006 — beginning with a 7-piece collection that included the “perfect T-shirt,” a cashmere wool dress and their favorite cotton sateen leggings. By 2015, Women’s Wear Daily reported the $50 million brand was available through...
- 3/10/2017
- by Dave Quinn
- PEOPLE.com
Mary-Kate and Ashley Olsen recently took a break from running their highly successful fashion empire to pull bridesmaid duty in New Zealand. The inseparable sisters showed up to support bride and close friend Maggie Kayne, an art dealer, who was tying the knot with fiancé Travis Hayden on a beach in Mangawhai on Feb. 25. Dressed in head-to-toe black, the pair looked chic as always while linking arms throughout the ceremony. Maggie's billionaire father, Ric Kayne, owns the area's Tara Iti golf club, which is where Mary-Kate and husband Olivier Sarkozy spent four relaxing days with Ashley and her boyfriend, Richard Sachs. Mazel tov Maggie & Travis!
- 3/10/2017
- by Quinn Keaney
- Popsugar.com
Who says you shouldn’t wear black to a wedding? Certainly not Mary-Kate and Ashley Olsen.
The twins, 30, attended the nuptials of their friends Maggie Kayne and Travis Hayden in Mangawhai, New Zealand on Feb. 25. Mary-Kate and Ashley were accompanied by their significant others, husband Olivier Sarkozy, 47, and boyfriend Richard Sachs, 58, respectively, and spent four days at the exclusive Tara Iti golf club owned by Maggie’s billionaire father, Ric Kayne.
The Full House alums were decked out in head-to-toe black gowns for the beach wedding, and their choice of the universally neutral color may have been inspired by their...
The twins, 30, attended the nuptials of their friends Maggie Kayne and Travis Hayden in Mangawhai, New Zealand on Feb. 25. Mary-Kate and Ashley were accompanied by their significant others, husband Olivier Sarkozy, 47, and boyfriend Richard Sachs, 58, respectively, and spent four days at the exclusive Tara Iti golf club owned by Maggie’s billionaire father, Ric Kayne.
The Full House alums were decked out in head-to-toe black gowns for the beach wedding, and their choice of the universally neutral color may have been inspired by their...
- 3/10/2017
- by Karen Mizoguchi
- PEOPLE.com
Love means never having to dress up on vacation. Just ask Ashley Olsen, 30, who has been enjoying a relaxed dress code while on vacation with her 58-year-old financier beau, Richard Sachs, in St. Barts. Though not quite at yacht-jumping-off levels of excitement yet, the two took a stroll hand-in-hand in matching white tees – she in a vintage Bob Dylan shirt with a zip-up tied around her waist and oversize shades, he in a top bearing the logo of George Clooney’s Casamigos tequila line. That is, when he was wearing a shirt at all:
He was spotted giving Olsen a big squeeze earlier this week,...
He was spotted giving Olsen a big squeeze earlier this week,...
- 1/2/2017
- by Alex Apatoff
- PEOPLE.com
Ashley Olsen was spotted sharing an embrace with her new love, financier Richard Sachs, while beachside on a vacation in St. Barts on Friday.
The Olsen twin, 30, sported her signature oversized sunglasses with a black sleeveless dress. Meanwhile, her companion wore a white V-neck shirt and aviator-style shades.
Olsen and Sachs, 58, have been linked since October, when they were spotted sharing a very public kiss during a Brooklyn Nets game.
Olsen was last rumored to be spending time with then-59-year-old artist George Condo. The designer and artist lunched together in New York City in August, and a source told...
The Olsen twin, 30, sported her signature oversized sunglasses with a black sleeveless dress. Meanwhile, her companion wore a white V-neck shirt and aviator-style shades.
Olsen and Sachs, 58, have been linked since October, when they were spotted sharing a very public kiss during a Brooklyn Nets game.
Olsen was last rumored to be spending time with then-59-year-old artist George Condo. The designer and artist lunched together in New York City in August, and a source told...
- 12/31/2016
- by Blake Bakkila
- PEOPLE.com
Ashley Olsen is once again enjoying a holiday in the sun. One day after celebrating Christmas, the fashion designer and actress stepped out with boyfriend Richard Sachs for an evening dinner in St. Barts. Ashley dressed down for the night out by wearing a black blouse, skinny jeans and sandals. As for Richard, he matched his leading lady perfectly with a black T-shirt, dark denim jeans and fitness shoes. The art collector was spotted holding the door open for Ashley before driving away from their dinner destination. Just one month ago, the private pair decided to celebrate Thanksgiving by traveling to St. Barts. E! News obtained exclusive photos of the couple enjoying all sorts of...
- 12/27/2016
- E! Online
Ashley Olsen and Richard Sachs have taken their relationship to the next level.
The new couple celebrated their first holiday together over the weekend while on vacation in St. Barts.
Watch: Mary-Kate and Ashley Olsen Show Off Bikini Bodies, Go Makeup-Free in France
Olsen, 30, sported a Bob Dylan tee and Nike sweatpants while out and about with her 58-year-old boyfriend, who showed off his tan in a pair of black gym shorts.
Splash News
Watch: Mary-Kate and Ashley Olsen Reunite With Sister Elizabeth in Fierce, Floor-Length Outfits
According to an eyewitness, Olsen and Sachs spent a week at the art dealer's island villa, keeping a low-profile throughout their trip. The two went for daily romantic walks on hills near the villa, where they were seen talking, listening to music and flirting.
Olsen and Sachs were first spotted together earlier this month, showing major Pda during a New York Nicks vs. Brooklyn Nets game...
The new couple celebrated their first holiday together over the weekend while on vacation in St. Barts.
Watch: Mary-Kate and Ashley Olsen Show Off Bikini Bodies, Go Makeup-Free in France
Olsen, 30, sported a Bob Dylan tee and Nike sweatpants while out and about with her 58-year-old boyfriend, who showed off his tan in a pair of black gym shorts.
Splash News
Watch: Mary-Kate and Ashley Olsen Reunite With Sister Elizabeth in Fierce, Floor-Length Outfits
According to an eyewitness, Olsen and Sachs spent a week at the art dealer's island villa, keeping a low-profile throughout their trip. The two went for daily romantic walks on hills near the villa, where they were seen talking, listening to music and flirting.
Olsen and Sachs were first spotted together earlier this month, showing major Pda during a New York Nicks vs. Brooklyn Nets game...
- 11/29/2016
- Entertainment Tonight
Ashley Olsen and her new boyfriend Richard Sachs have taken their love abroad! E! News obtained the exclusive photographs of the couple who vacationed in St. Barts together over the holiday weekend. They spent their time doing all sorts of activities, from hiking to grocery shopping to soaking up the sunshine. Though they've already been photographed kissing before, they kept the Pda to a minimum during their trip. An onlooker tells us, "They kept it low-key while out in public." During their post-Thanksgiving hike on Saturday, Ashley donned a graphic tee with workout pants, sneakers and a plaid shirt tied around her waist. Of course, she also made sure to accessorize with her go-to...
- 11/28/2016
- E! Online
Double trouble! Mary-Kate Olsen and Ashley Olsen took their loves to the Brooklyn Nets game Wednesday for a double date. Ashley and her boyfriend Richard Sachs joined Mary-Kate and her husband Olivier Sarkozy, and both couples were happy to pack on the Pda for all to see. Mary-Kate and Olivier cozied up to each other throughout the night, and based on Mk's ear-to-ear grin it looks like these two are still very much living in their newlywed bliss. Ashley and her financier boyfriend, however, continuously kissed each other on their cheeks and mouths, which shows that this couple is also enjoying the honeymoon stage of their relationship. Ashley and Richard were first spotted out and about together at the...
- 11/10/2016
- E! Online
There's Something Hilarious About Mary-Kate and Ashley Olsen Sitting Separately at a Basketball Game
Mary-Kate and Ashley Olsen may be attached at the hip, but that doesn't mean they always sit next to each other. The ladies attended the New York Knicks game at Madison Square Garden on Wednesday night with Olivier Sarkozy and Richard Sachs, but they're divided by a small aisle. I can't tell you why this is funny, it just is. There are even empty seats next to Mary-Kate! This is the first public sighting of Ashley out with financier Sachs, though rumors of their romance have been swirling since October. Take a look! Related:Triple the Fun: The Olsen Sisters Come Together For a Special Occasion...
- 11/10/2016
- by Maggie Pehanick
- Popsugar.com
Looks like Ashley Olsen isn't being shy about the new love in her life!
The 30-year-old fashion mogul went to the New York Knicks vs Brooklyn Nets game at Madison Square Garden in New York City on Wednesday, where she showed some major Pda with her rumored boyfriend, financier and art collector Richard Sachs. Ashley and Richard openly kissed during the game, and by the looks of it, are already very comfortable with one another.
Gc Images
Watch: Mary-Kate and Ashley Olsen Reunite With Sister Elizabeth in Fierce, Floor-Length Outfits
The two snuggled up, and Richard affectionately gave Ashley a smooch on the head at one point.
Gc ImagesGC Images
The pair was on a double date with Ashley's twin sister, Mary-Kate, who was with her husband, 47-year-old Olivier Sarkozy. Check out Mary-Kate and Olivier lovingly gazing at one another on the right!
Gc Images
Rumors about Ashley and Richard started brewing last month, with reports...
The 30-year-old fashion mogul went to the New York Knicks vs Brooklyn Nets game at Madison Square Garden in New York City on Wednesday, where she showed some major Pda with her rumored boyfriend, financier and art collector Richard Sachs. Ashley and Richard openly kissed during the game, and by the looks of it, are already very comfortable with one another.
Gc Images
Watch: Mary-Kate and Ashley Olsen Reunite With Sister Elizabeth in Fierce, Floor-Length Outfits
The two snuggled up, and Richard affectionately gave Ashley a smooch on the head at one point.
Gc ImagesGC Images
The pair was on a double date with Ashley's twin sister, Mary-Kate, who was with her husband, 47-year-old Olivier Sarkozy. Check out Mary-Kate and Olivier lovingly gazing at one another on the right!
Gc Images
Rumors about Ashley and Richard started brewing last month, with reports...
- 11/10/2016
- Entertainment Tonight
Mary-Kate Olsen is a married lady, but Ashley Olsen might still be on the market. The 30-year-old fashion mogul and designer seems to be exploring her options. On Friday, a source tells E! News Ashley took an early-morning spinning class at Flywheel in New York with Richard Sachs, a businessman who is said to be "a very big deal in the New York art scene." The twosome biked side-by-side in the front row of the class and were spotted holding hands in the street as they left. "It looked romantic," says one eyewitness. If things are, indeed, romantic between Ashley and her gentleman friend, this would be a fairly recently development. Earlier this month she was photographed taking a...
- 10/31/2016
- E! Online
Ashley, Mary-Kate, and Elizabeth Olsen stepped out together at the 2016 Lacma Art + Film Gala, honoring Robert Irwin and Kathryn Bigelow, in La on Saturday night. In a rare appearance, the trio, who donned matching ensembles, posed for photos together and stayed close throughout the event. While we haven't seen all of the girls together since they attended an Elizabeth and James party in July, Elizabeth recently popped up at the American Ballet Theatre Fall Gala and Ashley and Mary-Kate were seen enjoying a relaxing vacation in Antibes, France earlier this month. Ashley has also been making headlines as of late for her rumored new romance with a man named Richard Sachs. While the designer has yet to comment on the speculation, the two were spotted at a spin class together on Friday. Related:16 Times You Really Wanted to Be Mary-Kate and Ashley Olsen Growing Up...
- 10/30/2016
- by Monica Sisavat
- Popsugar.com
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