Celebrity Homes

Media mogul Rupert Murdoch pays overs on $35 million Luxe Co-Op on Central Park South!

Rupert Murdoch, the media tycoon, has recently purchased a luxurious co-op located on Central Park South for US$35.2 million, nearly 20 per cent more than the asking price.

The apartment, which is a 603sq m unit, was listed for US$30 million in January and was sold to Murdoch not long after, according to The Real Deal.

The unit was formerly owned by hedge fund titan Julian Robertson Jr., who passed away at age 90 in August last year.

The property was also once owned by philanthropist and singer Alice Tully, who was renowned for hosting lavish parties in the full-floor apartment.

The co-op, which is located in the Hampshire House, features seven bedrooms and five bathrooms.

The living room has three arched doorways that open up to a terrace that overlooks Central Park.

The apartment also boasts a media room, a library with a fireplace, and a windowed kitchen with high-end appliances.

The co-op is part of a 37-storey building that was converted in 1949 and offers amenities such as white-glove service, doormen, concierge, laundry services, and a health club.

Murdoch was represented by Deborah Grubman from Corcoran, while Joanne Douglas from Douglas Elliman had the listing.

Murdoch’s recent real estate activities include taking a loss of US$2.5 million on one of his Flatiron condos in October.

In March, Murdoch listed Unit 57A along with his 650sq m triplex spanning the three floors above for a combined US$78 million.

Murdoch bought the two condos in 2014 for US$57.9 million. The penthouse at 23 East 22nd Street, which is priced at US$46 million, is still on the market.

This purchase marks another addition to Murdoch’s vast real estate portfolio, which includes several properties in Los Angeles, London, and New York City.

Murdoch’s net worth, estimated at $21.1 billion by Forbes, has allowed him to indulge in high-end real estate.

Murdoch has made headlines in the past for his extravagant purchases, such as the US$44 million penthouse he bought in Manhattan in 2014.

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