Taylor Swift is reportedly moving into a new home in New York City while her Tribeca apartment is under renovation.

The Shake It Off singer is reportedly having extensive renovations done to her home in the Tribeca neighborhood, which she moved into in 2014, and has relocated while the work is carried out.

According to TMZ.com, she is moving to a rental in the West Village, which costs $40,000 a month, and plans to stay there for about a year. The four-storey property has five bedrooms, six bathrooms, a basement, private garage and an indoor pool.

The home reportedly belongs to David Aldea, a senior businessman at the Soho House members' club chain. A picture obtained by TMZ shows a man bringing empty cardboard boxes from the property to a nearby car.

Taylor bought the apartment from The Lord of the Rings director Peter Jackson, while Ian McKellen was lodging there for free during his stint on Broadway.

The actor revealed he was evicted so she could move in during an interview with Gay Star News in 2015. He said, “When I was living in Peter Jackson’s apartment in New York, Taylor Swift bought it while I was there and I was thrown out before I wanted to leave!”

Taylor also has homes in Beverly Hills, Nashville, Tennessee and in Rhode Island. It was reported in April (16) that Taylor was upgrading her $25 million California mansion, which she bought in September 2015. Aerial pictures of the property showed the roof covered in blue tarpaulin while a number of builders' trucks are parked nearby.

Taylor recently split from DJ boyfriend Calvin Harris after dating for just over a year. He confirmed the news on Twitter, writing, "The only truth here is that a relationship came to an end & what remains is a huge amount of love and respect."