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(January 5, 2007)
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      *The owner of Jay-Z’s apartment in New York City is selling the property for a reported $27 million, almost twice as much as the $15.7 million purchase price in 2004, according to reports. This means Jay-Z will have to find another place to live.

      The rap mogul, born Shawn Carter, has been paying $40,000 per month rent since Sept. 2005. The Time Warner Center apartment includes four bedrooms, a private terrace, library, and a telescopic view of his girlfriend Beyonce’s apartment across Central Park.       

      Jigga will reportedly move directly into the $6.85 million penthouse he has been renovating for the last two years in the TriBeCa district.     

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