Wednesday, 27 July 2016

Rupert Murdoch Ditches West Village Townhouse For $27.5 Million

The media magnate purchased the townhouse for $25 million last year

While Rupert Murdoch has been rather busy reassuming leadership of Fox News following Roger Ailes resignation, the media magnate has also been making headlines with his New York City real estate dealings. The media magnate has sold his 6,500-square-foot West Village mansion for the hefty sum of $27.5 million, the Observer reports.

Although the West Village is no stranger to eight-figure real estate dealings (nor is Murdoch), the quick turnaround on the property is rather extraordinary. Murdoch purchased the townhouse at 278 West 11th Street in March 2015 through his West 11th Street LLC for $25 million. Considering the breathlessly wealthy Fox Chairman & CEO never actually lived in the mansion, it’s not too surprising that he ditched it just over a year later—at a gain, to boot.

The Observer notes that the mansion has all the trappings of an uber-luxurious lifestyle, providing such amenities as herringbone floors and a four-passenger elevator along with four bedrooms, seven bathrooms and a Poggenpohl kitchen with Miele appliances, white macuba quartzite countertops and backsplash, and a Siberian white marble fireplace. As if that isn’t enough, there’s an outdoor space on almost every floor.


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