Former New York Post publisher’s penthouse hits the market

Dorothy Schiff used to live in the seven-bedroom co-op, right next to Bernie Madoff

New York Weekend Edition /
Sep.September 23, 2018 02:30 PM

Dorothy Schiff. (Credit: LIMO, courtesy Douglas Elliman)

A Lenox Hill penthouse that the late long-time New York Post publisher Dorothy Schiff used to call home is asking for $22 million.

The seven-bedroom co-op at 133 East 64th Street is one of two penthouse units in the 1920s-era building on Lexington Avenue–the other penthouse was once owned by Bernie Madoff.

The estate of the late Schiff sold the apartment within months of her death in 1989, according to a document provided by listing agents Michael Lorber and Alexander Boriskin of Douglas Elliman. Boriskin refused to reveal the identity of the buyer and current owner of the co-op, who has lived in the penthouse for nearly 30 years, and is now looking to sell.

“They just don’t need an apartment this large anymore,” Boriskin said of his clients. “They’re not trying to test out the market. They’re looking to sell.”

Facing a weak market overrun with luxury listings, Boriskin admitted pricing the co-op was a challenge, but maintains it’s priced fairly.

“I can’t say there’s a laundry list of 7- [or] 8-bedroom apartments,” he said. The listing went live Thursday night and he claimed an interested party contacted them “literally… within minutes” to set up a viewing.

Schiff owned the Post for almost four decades between 1939 and 1976, when she sold it to Rupert Murdoch. Under Schiff’s direction, the paper became profitable and was known for tabloid-style articles, columns and comics with a focus on the scandals of the day, sex, politics and celebrities.


Related Articles

arrow_forward_ios
Sam Zell with a RVC Outdoor Destinations site (Getty, RVC)
Sam Zell’s Equity Lifestyle Properties invests $147M in manufactured homes
Sam Zell’s Equity Lifestyle Properties invests $147M in manufactured homes
Gregory Russ, chair and chief executive officer of the New York City Housing Authority (NYC.gov NYCHA, iStock)
NYCHA fires 18 workers in overtime pay probe
NYCHA fires 18 workers in overtime pay probe
Jeff Aronson (iStock, Jeff Aronson, CC BY-SA 2.0, via Wikimedia Commons/Photo Illustration by Steven Dilakian for The Real Deal)
Centerbridge closes $2B real estate fund
Centerbridge closes $2B real estate fund
Scott McIntyre, chief executive officer, Guidehouse (Guidehouse, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
New York rent relief contractor boasted about profits as program struggled
New York rent relief contractor boasted about profits as program struggled
Smile! BDG nabs $125M refinancing at Harlem multifamily
Smile! BDG nabs $125M refinancing at Harlem multifamily
Smile! BDG nabs $125M refinancing at Harlem multifamily
Vector Group/Douglas Elliman's Howard Lorber (iStock, Getty Images, Vector Group Ltd., Douglas Elliman)
Howard Lorber’s $1.8M salary at Elliman offset by Vector pay cut
Howard Lorber’s $1.8M salary at Elliman offset by Vector pay cut
Fredrik Eklund with Tyler Whitman, Ryan Serhant, and Kirsten Jordan and Steve Gold (Getty, Bravo TV)
“The end of an era”: Fredrik Eklund quits Million Dollar Listing
“The end of an era”: Fredrik Eklund quits Million Dollar Listing
BHS CEO Bess Freedman and BHS agent Madison Sutton (BHS, iStock)
Brown Harris Stevens adding TikTok training to its arsenal
Brown Harris Stevens adding TikTok training to its arsenal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...