In the Bird Streets, a property once owned by Ronald Reagan has traded hands for $70 million — by far the most ever paid for a home in the neighborhood. The buyer is Fanatics Chief Executive Michael Rubin, according to a source familiar with the deal who asked not to be identified because they aren’t authorized to speak publicly. Fanatics is a sports e-commerce company valued at $27 billion, and Forbes puts Rubin’s net worth at $10.2 billion. My idea for a television show: Million Dollar Listing: Gloucester CountyIt’s kind of like the fancy New York and Los Angeles shows, but instead of buying in Central Park South, the show follows a realtor trying to rent a Swedesboro duplex. That’s how every single one of those Million Dollar Listing episodes goes.

Source: Los Angeles Times September 16, 2022 19:54 UTC