Simon Cowell has splashed out over $10 million on a New York apartment.
The music mogul and girlfriend Lauren Silverman, who have 4 month old son Eric together, have closed a deal on a luxury three-bedroom apartment on East 78th Street, close to the Upper East Side neighbourhood where the socialite's other son Adam, seven, lives with his father Andrew Silverman.
It is unclear which apartment in the building the couple bought, but a three-bedroom property was recently listed at $10.8 million.
A source told the New York Post newspaper's Page Six column: "They wanted to be on the Upper East Side, and they love modern and new."
The couple have been househunting for several months and the property they have bought is said to be very similar to the $25,000-a-month home Simon rented for Lauren, 37, when she was pregnant.
With the 54 year old star recently returning to the judging panel on the UK's 'X Factor', it is expected the couple plan to divide their time between New York and London.
Simon recently admitted he intends for his young son to follow in his business footsteps and run his empire when he is older.
He said: "In all seriousness, he's going to do what I do. In time he's going to inherit my business. That's certainly the plan."
Tagged in Simon Cowell Lauren Silverman