Connect with us

Bussiness

Rupert Murdoch just slashed the price of his Manhattan penthouse by half. See inside the $28.5 million apartment he can’t seem to sell.

Published

5 months ago

on

Rupert Murdoch just slashed the price of his Manhattan penthouse by half. See inside the .5 million apartment he can’t seem to sell.

  • Rupert Murdoch has cut the price of his three-floor New York City apartment to $28.5 million.
  • The media mogul, 93, listed the property for $62 million in 2022.
  • Photos show inside the penthouse, which has 360-degree views of Manhattan.

Rupert Murdoch, the 93-year-old billionaire media mogul, has spent years trying to find a buyer for his nearly 7,000-square-foot penthouse in New York City, steps away from the Flatiron building and Madison Square Park.

Now, in his latest bid to shift the property, he’s selling it for $28.5 million, more than half its original listing price.

The former chair of the Fox Corporation and News Corp., who married his fifth wife, Elena Zhukova, earlier this month at his private vineyard in Bel-Air, California, briefly listed the three-floor apartment for $72 million in 2015. But in 2022, he apparently listed it in earnest, asking for $62 million.

In the months since, the listing price has steadily dropped. After briefly being taken off the market in December 2023, the mega-apartment was re-listed in April for $38.5 million, nearly half its original price tag. Two months later, it’s been slashed a further $10 million.

The apparently unsellable apartment may very well be a thorn in Murdoch’s newlywed bliss — although, not a huge thorn perhaps, given Forbes’ estimates the Murdochs have a net worth of $19.7 billion.

Here’s a sneak peek at the $28.5 million penthouse apartment he just can’t seem to sell.

Related Topics:
Continue Reading