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
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 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.