Tuesday, November 1, 2011

Tuesday Tidbit: Courtney Cox

Word recently slipped down the West Coast celebrity real estate gossip grapevine that sitcom star Courtney Cox (Friends, Cougartown) has added to her impressive real estate portfolio with a condo in the storied and star-stocked Sierra Towers building (above) on the border of West Hollywood and Beverly Hills, CA.

Property records show Miz Cox, separated from but still working with husband David Arquette, dropped $2,050,000 on the high floor residence in the full-service building. Records show the unit contains 2 bedrooms and 3 bathrooms in 1,672 square feet of interior space as well as a long balcony with views to the north and east. Miz Cox acquired the condo-crib from a not-famous short-term owner who, according to records we peeped, purchased the unit less than six months earlier for $1,450,000.

Property records also show that just weeks after Miz Cox purchased her Sierra Towers aerie former cast mate Matthew Perry–himself on a bit of a real estate roll–dumped a 2 bedroom condo in the building he'd bought in April 2005 for $3,200,000 and sold at a huge loss in late September (2011) for $2,850,000.

Some of Miz Cox's new neighbors at Sierra Towers include a lot of high profile peeps like Cher, Elton John, Joan Collins, Diahann Carroll, and diet guru/social doyenne Nikki Haskell. Sharon and Ozzy Osbourne currently lease a unit in the building, which they had worked over by Million Dollar Decorator Martyn Lawrence Bullard, and past renters have included the likes of tabloid fixture Lindsay Lohan and stylist to the stars Rachel Zoe.
In early 2007, after selling a spectacular John Lautner-designed house on Malibu's Carbon Beach for $27,500,000 to dueling divorcees Frank and Jamie McCourt, Miz Cox (and Mister Arquette) spent $17,150,000 on a much more private bluff top compound she had worked over by architect Michael Kovac and much published nice, gay decorator Trip Haenisch. The spectacular and casually posh property (above) was featured in the July/August 2011 issue of Elle Decor magazine.
In addition to their Malibu spread and a West Hollywood office building where their production company is based, Miz Cox and Mister Arquette also own two Beverly Hill residences located just a half a mile away from the Sierra Towers building. In June 2004 they spent $5,450,000 on a a sleek mid-century modern originally designed by A. Quincy Jones they they had done over by architect Cory Buckner (above) and in late 2008 property records show they scooped up an adjacent property for an unknown sum and unknown reasons.

Back in mid-September (2011), just about the same time she was closing on her new condo at the Sierra Towers, Your Mama heard from an informant we'll call Ivana Blowarealestatewhistle that the Cox-Arquette crib–the A. Quincy Jones house with the dee-vine circular swimming pool–is being readied for sale with an asking price of around $20,000,000 but that's just celebrity real estate rumor and gossip at this point children, just rumor and gossip.

photo: (Sierra Towers): Pacific Coast News
photo (Malibu): Simon Upton for Elle Decor
photo (Beverly Hills):  Cory Buckner Architects

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