Talk about a jewel of a property! Jacob “The Jeweler” Arabov and his wife Angela have just purchased an apartment at 432 Park Avenue for $16.675 million, according to city records. The Post first spotted the sale.
Abrabov is the founder of the jewelry business Jacob & Co, and he is best known for outfitting rappers like Kanye West, Jay Z and 50 Cent (and has even been mentioned in quite a few of their songs, including West’s “Touch the Sky”) as well as other celebrities like Gisele Bündchen and even Rudy Giuliani.
The jeweler made headlines in 2008, when he was arrested for money laundering and lying to investigators (he pleaded guilty to the lying charge, and the money laundering charges were dropped). He went to jail from 2008 to 2010.
The apartment was unlisted, but according to a Schedule A document from the condominium’s offering plan, the 3,576-square-foot pad has two bedrooms and three and a half bathrooms. 432 Park Avenue is a total of 96 stories high, and all apartments have private elevator landings and 12’6″ ceilings. The building offers amenities like an outdoor garden for events, a 75-foot indoor swimming pool, a spa, massage rooms and a screening/performance space.