Rupert Murdoch Shuffles New York City Properties

SELLER: Rupert Murdoch
LOCATION: New York City, N.Y.
PRICE: $72 million
SIZE: (approx.) 7,600 square feet, 5 bedrooms, 5.5 bathrooms

YOUR MAMAS NOTES: Last year Rupert Murdoch shelled out a staggering $57.25 million for the top four floors of the newly built and supermodel slender One Madison building in New York City’s Flatiron District. Alas, the bazillionaire media tycoon has come down with a classic case of the Real Estate Fickle and put the top three floors back on the open market with a toe-curling — not to mention publicity-assuring — asking price of $72 million.

According to the property gossips at the Wall Street Journal, Mister Murdoch moved in to the three-bedroom and 3.5 bathroom simplex unit on the 57th floor while accomplished architect Jose Ramirez did up the top three floors as an approximately 7,600-square-foot, glass-walled bachelor pad. According to current listing details, the penthouse’s plans call for five bedrooms, 5.5 bathrooms, a double-height living space with a “sweeping staircase” and a wraparound terrace. A private elevator will service all three floors and its vertiginous perch on the 58-60th floors allows for “cinematic 360-degree Park, River, and New York City skyline views.”

Listing details show the monthly taxes and common charges total $19,819, an amount that we tabulated on our handy-dandy bejeweled abacus to be $237,828 annually. Of course, the sort of person financially endowed enough to spend $72 million on a New York City penthouse isn’t likely the sort of person who needs or seeks a mortgage from their local bank branch, but with standard 80/20 financing and an interest rate of 4.75%, per the peeps at Street Easy, the estimated payments come to a stomach churning $300,469 per month.

So the story goes, Mister Murdoch plans to keep the 57th floor simplex — for now, anyways — but will decamp the Flatiron District for the almost absurdly gentrified West Village, where last year he dropped $25 million on a gut-renovated and fully modernized, 19th-century Greek-Revival townhouse with four bedrooms and four full and three half bathrooms on five floors plus a roof terrace. Back on the West Coast, Mister Murdoch, now in his middle 80s and the father of six children including a couple of teenagers, sold his impressive and pedigreed Beverly Hills estate earlier this year for $30 million to his son, James Murdoch, and over the summer of 2013 coughed up $28.8 million for a 16-acre vineyard estate in Bel Air.

Mister Murdoch is being represented by powerhouse New York City real estate broker Dolly Lenz.

NOTE: Current listing details don’t include any photos or renderings of the penthouse’s interior, but just for fun we’ve included a few renderings and floor plans we dug up from with the penthouse was listed prior to Mister Murdoch’s purchase.

Photos and floor plans: via Street Easy

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  1. $72 million wow!! That is impressive. Flat Iron district is cool and 7000 sq ft is massive.

  2. Sandpiper says:

    I don’t see evidence of his Stairclimber. Maybe it was uninstalled before the marketing pic.

  3. Chuck Raney says:

    I think this property was bought to flip, he obviously has the money to do such things. It is a great place.

  4. Sawyer says:

    I hear rumors that Steven Spielberg has quietly unloaded his Broad Beach House and is set to close this week. Cortazzo was agent. I also hear rumors Miley Cyrus has been looking at the 23 million house on Oak Pass… Rumors Dear

  5. Desert Donna says:

    Mama, if this does’nt exemplify the quirky (and sometimes fickle) ways of the rich, I do not know what does? As if he needs to sell the prime property above. It really is fascinating.

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