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Beyonce & Jay Z Bought A Converted Church Foreclosure – Smart Deals

nubianpride by nubianpride
August 2, 2015
in Celeb Gossip, News
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jay z beyonce

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Beyonce bought a converted church foreclosure in New Orleans.  Are the queen and king of hip-hop planning to spend more time in jazz territory? Beyoncé and Jay Z appear to have bought an old church in New Orleans’ Garden District that has been transformed into living quarters, Curbed reports.

2015 MET Museum Costume Institute Benefit Gala
Charles Sykes/Invision/APBeyoncé and Jay Z arrive at a New York gala in early May.

The 1925 home, built as a Presbyterian church, also has been a ballet school and now is a large home with 26-foot ceilings, plus three 1,000-square-foot apartments. Just proof that foreclosures are a smart buy.

A light-filled great room serves as a hub with lots of nooks and crannies, including a step-up dining room, a loft-style sitting room and a library with floor-to-ceiling bookshelves. The master suite, which manages to be cozy while also exuding a royal vibe, adjoins a walk-in closet and a bathroom that’s decked out with a massive, old-style wooden vanity, a large antique bathtub and a separate shower. This foreclosure looks awesome!

Just one house off the main Mardi Gras parade route, the home has hosted weddings and major recording stars. According to the former listing, one Grammy winner said the “acoustics and vibes are great. I did my best writing ever, while watching the sunset from the rooftop garden.” Other celebs like this foreclosure as well.

In January, a company with ties to Beyoncé took ownership of the home. It had been listed for $ 2.6 million. Her sister, Solange Knowles, co-owns a clothing boutique called Exodus Goods in the French Quarter. Not bad for a foreclosure.

Beyoncé and Jay Z also have spent a lot of time in Los Angeles, renting a $ 150,000-a-month home and bidding unsuccessfully on another. Looks like Jay Z and Beyonce stopped foreclosure on this home with this witty purchase.

Tags: beyonceblack businessblack womenhip hopjay zjay z beyonce invest in real estate

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