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Richard Gere makes bank on “magical” estate

<p dir="ltr">After spending a decade building it and 36 years owning it, Richard Gere has farewelled his lavish New York country estate and walked away with a tidy $USD 28 million ($39.4 million or $NZD 44.1 million).</p> <p dir="ltr">The <em>Pretty Woman</em> star bought the property in 1986, four years before starring in the cult classic with Julia Roberts, </p> <p dir="ltr">He went on to build the mansion over 12,000 square metres using custom joinery, with the home boasting including a handsome library, several living areas, and a breakfast nook with an open fireplace.</p> <p dir="ltr">The estate, located about an hour’s drive away from Manhattan, also features a private lake with a beach and an island, a pool with a guest house, and a soccer field and is surrounded by 1740 hectares of hills and dense foliage.</p> <p dir="ltr">Having <a href="https://www.oversixty.co.nz/property/real-estate/bought-for-1-5m-selling-for-40m-richard-gere-lists-new-york-mega-mansion" target="_blank" rel="noopener">spent $USD 1.51 million</a> on the vacant property in the ‘80s, the 72-year-old earned a monumental profit when he finally sold the home five months after <a href="https://www.ginnel.com/exclusive/1193/81-Lyndel-Road-Pound-Ridge-NY" target="_blank" rel="noopener">listing it</a> with agent Muffin Dowdle from Ginnel Real Estate.</p> <p dir="ltr">With the home now under contract, it comes after he and his wife, Alejandra Silva, dropped $USD 9.8 million ($13.9 million or $NZD 15.4 million) for <a href="https://www.oversixty.co.nz/property/real-estate/richard-gere-lists-stunning-estate-for-eye-watering-price" target="_blank" rel="noopener">an upstate New York home</a> sitting on 14 acres in North Salem.</p> <p dir="ltr">Their new home sees the couple live among a slew of A-listers, with their new neighbours including media mogul Michael Bloomberg and Bill Gates’ daughter Jenna Gates.</p> <p dir="ltr">Residents reported that Gere and Silva have already moved in after spotting Buddhist prayer flags at the property, with Gere being one of Hollywood’s most high-profile Buddhists, according to <em><a href="https://www.nine.com.au/property/news/richard-gere-sells-40-million-dollar-new-york-country-estate/e0adf945-fd45-4269-bff0-dc70f92592c2" target="_blank" rel="noopener">Domain</a></em>.</p> <p><span id="docs-internal-guid-ad0eb81f-7fff-c4df-ff12-342abbde6a42"></span></p> <p dir="ltr"><em>Images: Getty Images, Ginnel Real Estate</em></p>

Real Estate

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Dad at 70! Richard Gere welcomes second child with wife Alejandra Silva

<p>Congratulations are in order for Richard Gere and his wife Alejandra Silvia, who welcomed a baby boy.</p> <p><em>HOLA!</em><span> </span>confirmed the exciting news, revealing that the couple are bonding with their new son at their ranch on Pound Ridge, just outside New York. The new arrival is a baby brother for the couple’s firstborn, two-year-old Alexander, who arrived in February 2018.</p> <p>Both Richard, 70, and Spanish activist Alejandra, 37, have children from their previous relationships; the<span> </span><em>Pretty Woman<span> </span></em>star shares 20-year-old son Homer with ex-wife Carey Lovell, while Alejandra is the mother to seven-year-old Albert from her marriage to businessman Govind Friedland.</p> <p>The past few years have been fast paced for the couple who tied the knot in 2018, with Alejandra saying at the time: “I feel like I’m in a true fairytale. Without a doubt, I feel like the luckiest woman in the world.”</p> <p>Richard, who wooed Alejandra by sending her flowers until she agreed to date him, added: "I'm the happiest man in the universe. How could I not be? I'm married to a beautiful woman who is smart, sensitive, committed to helping people, who's fun, patient, who knows how to forgive, who's a great cook – and who makes the best salads in the world!"</p> <p>Describing her new husband, Alejandra shared: "He is the most humble, sensitive, affectionate, attentive, funny, generous man that I've ever met. What can I say? I'm so in love! How would you feel if each morning you were asked: 'What would make you happy today?' Not a day goes by that he doesn't mention how important I am to him. I feel very lucky."</p>

Relationships

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Richard Gere expecting second baby with wife Alejandra Silva at the age of 70

<p>Richard Gere is expecting his second child with wife Alejandra Silva.</p> <p>The 70-year-old actor and the 36-year-old publicist recently welcomed their first firstborn Alexander in February.</p> <p>According to <a rel="noopener" href="https://www.hellomagazine.com/healthandbeauty/mother-and-baby/2019110480098/richard-gere-wife-alejandra-second-baby/" target="_blank"><em>HOLA!</em></a>, Silva is currently three months into her pregnancy, with the baby expected to arrive next spring.</p> <p>The couple has yet to comment on the report.</p> <p>The actor is also a father to Homer James Jigme, whom he shares with former wife Carey Lowell, while Silva is a mother to Albert Friedland, whom she shares with ex-husband Govind Friedland.</p> <p>Gere and Silva tied the knot at the actor’s ranch outside New York City in April 2018.</p> <p>Silva confirmed her first pregnancy in September last year with an Instagram photo showing the Dalai Lama blessing her bump a month after reports emerged she was expecting.</p> <blockquote style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/BnzfqiCl-0D/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="12"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"></div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"></div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"></div> </div> </div> <div style="padding: 19% 0;"></div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"></div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" rel="noopener" href="https://www.instagram.com/p/BnzfqiCl-0D/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank">A post shared by Despierta America (@despiertamerica)</a> on Sep 16, 2018 at 3:58pm PDT</p> </div> </blockquote> <p>“Getting blessings for our precious to come… We couldn’t announce it before telling HH Dalai Lama,” she wrote on the caption.</p>

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