The 24-year-old singer sparked rumours she quietly purchased 'Lord of the Rings' director Peter Jackson's lavish apartments in the TriBeCa area, after being spotted going in and out of the upscale building regularly in recent days.
A source told Celebuzz that the 'Red' hitmaker began hunting for a house in the city in January and removal men were seen moving furniture into the building, in which Mary-Kate and Ashley Olsen also reside, this week.
New Zealand-native Peter put his apartments in the 11-unit building on the market last May for $20 million and, according to official property records, he finally sold them to a mystery buyer last month.
The filmmaker bought both top floor residences in 2008 for $17.35 million.
He knocked down the walls to create one huge home, with 10 bedrooms and nine bathrooms, and originally listed it as one unit last year.
However after failing to attract a buyer, he separated the space into two properties again and put them on the market for $14.85 million and $5.1 million.
The records show that both homes were sold on the same day for $19.95 million to one mystery buyer, rumoured to be the young country singer.
Another listing in the building sold for $6 million recently but an insider insisted Taylor was not the buyer.
The blonde beauty, who is said to be worth over $220 million, paid $11 million in cash for her mansion in Rhode Island, New England, in 2012.
The impressive property has five bedrooms and was Taylor's fourth home.