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Madonna Buys New York Townhouse

Posted by Adam

MadonnaMadonna is is expanding her property portfolio — she has reportedly signed a contract to buy a four-story, Georgian-style townhouse on New York’s East 81st Street for about $40 million.

The Material Girl got the property for $5 million less than the original asking price, according to the New York Post.

“The townhouse is perfect for Madonna,” a source told the paper. “She’s trying to recreate London in New York City, and this is in the style of a London townhouse.”

The property is not yet in move-in condition.

Madonna, 50, is planning extensive renovations, along with major security upgrades.

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