The Real Deal New York

Widow of hedge fund executive sells Upper East Side mansion at $21M discount

Annabella Murphy sold 7 East 67th Street for $28.5M to an anonymous LLC
By Eddie Small | April 11, 2018 06:00PM

The widow of a hedge fund executive who committed suicide last year has sold her Upper East Side mansion for $21 million less than what she wanted.

Annabella Murphy, widow of hedge fund executive Charles Murphy, sold the seven-story home at 7 East 67th Street for $28.5 million, according to property records. In 2016, her late husband listed the 25-foot wide property for $49.5 million.

The 19th century home has eight bedrooms, and Murphy sold it to an anonymous LLC called 7E67D LLC.

Murphy’s husband jumped to his death from the 24th floor of the Sofitel in Times Square last year. He had purchased the townhouse from Seagram heir Matthew Bronfman in 2007 for $33 million, a record price at the time. His hedge fund, Fairfield Greenwich Group, had invested more than $7 billion in financier Bernie Madoff’s notorious Ponzi scheme.

The late banker and philanthropist David Rockefeller’s mansion at 146 East 65th Street recently sold for $20 million, a $12.5 million discount from its original asking price, and Katie Couric recently found a buyer for her co-op unit at 1155 Park Avenue as well.