New York Times Executive Editor Dean Baquet has just poured kerosene on the fire — the whispers he’s about to take the top job at Los Angeles Times.
Baquet, 64, has just purchased a four bedroom, two bath, 2,788 square-foot California Bungalow built in 1918 in the affluent Larchmont and Hancock Park area for a whopping $2.1 million, OK! has confirmed.
OK! has exclusively obtained records that show the newspaperman nabbed the property just a few weeks ago — on January 7, 2021 — purchasing it under the cover of a trust. He is the trustee. He paid $100,000 under the list price.
The listing for the mansion states: “Watch the world go by on the front porch, set back on a fabulous tree lined street gated for privacy with ample room for al fresco dining. Upon entry you'll note a sunny living room with high ceilings and wood burning fireplace, that opens to a dining room ready for the holidays.”
Baquet hits The New York Times’ mandatory retirement age of 65 this year.
The New York Post has suggested Baquet is the preferred option to replace Norm Pearlstine, 78, who stepped down in October and formally left the post in December last year.
If hired, Baquet would be the first African-American to head the fifth-largest newspaper in the nation at a time when it has been blasted internally and externally for its lack of diversity.
This is Baquet’s third property. He also owns two apartments in the same building located in the small historic East 10th Street District of the East Village neighborhood of Manhattan. He first purchased in the building in 2012 for $1.5 million and snapped up the second property three years later for $550,000.
The Los Angeles Times owner, Dr. Patrick Soon-Shiong, reportedly reached out to Baquet to return to the paper in 2018, shortly after he bought it from Tribune for $500 million.
After Baquet turned down the overture, Soon-Shiong tapped Pearlstine — a veteran of Bloomberg, Time Inc., The Wall Street Journal and Forbes.