LATEST NEWS

Lady Gaga—Her Life In Real Estate: From A Rent Stabilized LES Pad To Malibu Mansion

By Jeff Vasishta September 30, 2016
Joe Seer / Shutterstock.com

[otw_shortcode_dropcap label=”F” font=”Bowlby One SC” color_class=”otw-black-text” background_color_class=”otw-no-background” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap]rom meat dresses to sea urchin costumes, Lady Gaga is known as the Queen of Crazy when it comes to fashion. Unsurprisingly, when it comes to real estate, her purchases have been every bit as unpredictable as her outfits.

Related: Brad Pitt Bait? Johnny Depp’s Penthouses Hit The Market For $12.7M

But we all start somewhere. In 2008 she wrote her debut album, The Fame in a fairly modest (by rock star standards) rent-stabilized one-bedroom apartment at 176 Stanton Street on the Lower East Side. This humble shack was advertised a year ago for a $2000/month rental price.

In both senses of the word, Fame facilitated her next bolt hole, another rental, this time on Central Park South. The singer, known to her parents as Stefani Germanotta, paid $22,000 a month for the 2 bedroom, 1,985 square foot home. A small price, considering her next album Born This Way, did a tour that grossed $168 million.

In early September 2013, she, along with her former LA based fiancé Taylor Kinney, purchased a relatively “normal” log cabin style house in Amish country, Lancaster, PA, for $390,000. I assume she paid for this with the change she found under her couch cushions. Anyway, they were often seen around town, attending church and going to the supermarket—just like any radically iconoclastic rock star. But before Gaga could be accused of living anything close to a normal lifestyle, she flipped the script and made a move straight out of the rock star “how to spend excessively” playbook.

In 2014, Ms. Gaga paid $23 million for a 10,000 square foot ocean front Malibu mansion with ten acres of land. That’s right. Ten acres of land in Malibu. Did she leave any for the rest of us?   Must be nice. But it doesn’t stop there.

Lady Gaga's Malibu Mansion. Photo courtesy of www.dreamofgaga.com/
Lady Gaga’s Malibu Mansion. Photo courtesy of www.dreamofgaga.com

In keeping with her excesses, her most recent purchase was the former Hollywood Hills home of ’70’s rock icon Frank Zappa for which she paid $5.25 million. Get this—Zappa was no fool— he paid around $75,000 for the home in the mid ’70’s. Proof of two things—that if you hold on to a property long enough it’s bound to appreciate, and that some rock stars are really smart. In the ’70’s Zappa’s place was the perfect quirky backdrop to drug induced creative madness, but by today’s standards, it’s a bit of a weird set up. It sits on just over half an acre and includes a rambling Tudor like main house of more than 6,700 square feet. So why did Gaga buy it? Maybe she wanted a soak in Zappa’s off kilter vibe (as if she doesn’t have enough of her own). And it does have a certain charm. It has the feels of a real, lived-in home rather than a sterile, staged piece of well-appointed architecture.

Hollywood Hills ex-Zappa's house. Photo courtesy of Williams & Williams/Hilton & Hyland
Hollywood Hills ex-Zappa’s house. Photo courtesy of Williams & Williams/Hilton & Hyland

There are many unique embellishments in the ex-Zappa abode such as an elaborate dragon mural in the dining room and, according to the listing details, “porthole windows and doors salvaged from vintage submarines.” Other unique features include a double-height art gallery, a storage chamber where Zappa kept his musical archive. But perhaps most attractive to Gaga is the so-called Utility Muffin Research Kitchen—Zappa’s sprawling and innovative recording studio. The terraced grounds offer a hodgepodge of decks and patios along with a greenhouse, a swimming pool, a rooftop tennis court and gardens that feature “one-of-a-kind mosaic art,” says the listing.

And if all that real estate and upkeep gets too much, I’m sure Gaga could always back into her one bedroom on the LES and maybe make another album as good as her first.

Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

Jeff is a writer, husband and father but not necessarily in that order. As a music journalist he counts Prince, Beyonce and Quincy Jones amongst those he’s interviewed. He's also owned and flipped homes in Brooklyn, NJ, CT and PA.

  • AGORAFY
    Stefano Boeri, the architect mastermind behind the famous plant-covered skyscrapers, is now designing Forest Cities in Liuzhou, China. #ForestCity #China https://goo.gl/PsTUwv
  • AGORAFY
    Auction is the second scheduled in a month for a One57 unit and it could set a NYC foreclosure record. #BillionairesRow #Foreclosures https://goo.gl/NZ3zqD
  • AGORAFY
    Once a couch-surfing website, Airbnb moves on to luxury properties, further disrupting hospitality industry. #Airbnb #Luxury https://goo.gl/7TpLk6
Four Countries To Retire In With $200K In Savings—And How Much Real Estate Costs There
Ever dreamed of retiring abroad? You know, affordable healthcare, better climate, more positive news—becoming an expat seems like an enticing option, especially one you no…
While Other Real Estate Platforms Start Charging Agents $3-Per-Day Exposure Fee, Agorafy Remains Accessible To All
Real Estate searching platform are always finding news ways to diversify their revenues models. Case in point—on Tuesday July 18, Streeteasy, one of New York…
Is Real Estate Crowdfunding The Fix That Urban Housing In America Really Needs?
Saving money for a down payment? One can only hope. Most millennial in their twenties or thirties are mortified that they might never be able…
Brooklyn And Queens’ Real Estate Sub-Markets Continue Their Ascent To The New Heights
So, the sales prices in Brooklyn and Queens hit record highs. Again. Just like they did in December 2016 and at the end of this…
The Economy Of Car Services And Delivery Apps Might Be Making NYC Less Eco-Friendly
Living in an eco-friendly neighborhood is a good thing. And, as it always the case with the good things, it also costs more. High rents…
Building Communities: What The U.S. Developers Should Learn From Soho China
As our world emerges into the new period of globalization and technology, some of the most important by-products of this process are buildings that have…
Five Reasons Why All Entrepreneurs Must Keep Their Eyes On China
It is hard to overestimate the importance of Chinese influence on the modern global economy. Carving out a place in Chinese market and winning over…
Airbnb Up Their Game With A New Luxury Tier Featuring Mansions And Villas
Airbnb is about to seriously up their game. First, the company started testing a new service called Select in an attempt to push accommodation listings…