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teknophyle

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Murdoch Offers $44M for N.Y. Apartment



NEW YORK (AP) - Rupert Murdoch, the billionaire CEO of News Corp., has offered to buy a three-story penthouse for $44 million, which would be the highest price ever paid for a Manhattan apartment if the deal goes through.

Murdoch and his family must also be approved by the co-op board of the building, at 834 Fifth Avenue, The New York Times reported Friday, citing an unnamed source informed of the negotiations. Howard Rubenstein, a spokesman for Murdoch, declined to comment to the Times.

The New York Post, which is owned by News Corp., reported last week that the apartment, the former home of Laurance S. Rockefeller, had been sold - but did not name the buyer.

The 20-room apartment spans the 14th, 15th and 16th floors of the building. It has 8,000 square feet of floor space and spacious terraces on each floor. The monthly maintenance fee is $21,469.07.


Murdoch, 73, is ranked No. 27 on Forbes magazine's list of richest people in America. His net worth is estimated at $6.9 billion.


The current record for a Manhattan apartment sale is $42.25 million, paid last year for a pair of adjoining condominium units at the Time Warner Center on Columbus Circle.
 
teknophyle said:
The monthly maintenance fee is $21,469.07.


Goodness gracious! :)

Scott - he'll get the FCC to help him out there. :)

Then again, he has the roof.
 
Scott Greczkowski said:
I wonder if the Co Op will let Rupert put up a DirecTV dish. :D

SCOTT i was wondering the same thing but also since he will be higher in the sky than dish what would his line of sight need to be ? :yes
 
At least Rupert's probably using his own money, unlike former Adelphia founder and president John Rigas, who used Adelphia money to pay for his Manahattan apartment!
 
LOS (line of sight)

Scott Greczkowski said:
I wonder if the Co Op will let Rupert put up a DirecTV dish. :D
Would it not be funny if the apartment did not have a view of the southwest sky & the installer had to turn it in as a LOS issue? :D
 
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