Doc Rivers Buys Palms Place Penthouse

June 2nd, 2008 | by HG |

Palms Hotel and Palms Place

Boston Celtics head coach Doc Rivers has reportedly bought a penthouse at Palms Place in Las Vegas making him neighbors with Jessica Simpson, Paul Stanley, and Linda Hogan. Palms Place (on the right in the photo) is the latest addition to George Maloof’s Palms casino, and boasts three styles of residence a 50,000-square-foot pool, a co-ed Turkish bath treatment, and a Sunset Tan studio.

The 520-foot tower features 442 600-square-foot studio units, 136 1,200-square-foot one-bedroom suites and 21 penthouse units that range from 2,000 to 7,000 square feet.

The price of the units rises with height. The studio apartments started at $450,000, increasing by about $7,000 per floor to $650,000. The one-bedroom units ranged from $700,000 to $1.2 million while the penthouses - on the top four floors of the tower - are priced to as much as $5 million.

I don’t know when Doc Rivers decided to pick-up a new condo, but I see where he’s going with this. Forget that he’ll obviously be renting the place for the majority of the season.. If the Celtics with the title, Doc will be in Vegas partying his ass off. If Boston loses to the Lakers, Doc will be in Sin City drowning his sorrows.

Doc Rivers purchases penthouse at Palms Place. Courtesy of the Las Vegas Review-Journal

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