Rupert Murdoch pays 20% over asking for Central Park South co-op

Media mogul shelled out $35M at 150 Central Park South

Rupert Murdoch and 150 Central Park South
Rupert Murdoch and 150 Central Park South (Getty, Google Maps)

Rupert Murdoch has been handing out windfalls for more than just lawsuits.

To win a bidding war, the media mogul paid $35.2 million for a Central Park South co-op  — nearly 20 percent above the asking price, according to public records. The 6,500-square-foot unit asked $30 million when it hit the market in January.

Murdoch signed a contract in February to purchase Unit 27 at 150 Central Park South from the estate of the late hedge fund titan Julian Robertson Jr., who died in August at age 90. The apartment also once belonged to singer and philanthropist Alice Tully, who was known for her extensive art collection and for throwing soirees in the full-floor unit.

The Hampshire House apartment has seven bedrooms and five bathrooms. The living room features three arched doorways, which open to the terrace overlooking Central Park. The unit also includes a library with a fireplace, media room and windowed kitchen with high-end appliances.

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Douglas Elliman’s Joanne Douglas had the listing, and Corcoran’s Deborah Grubman represented Murdoch in the deal. 

The Billionaires’ Row co-op, converted in 1949, offers white-glove service with doormen, concierge and laundry services. Amenities in the 37-story building also include a health club and daily housekeeping services for an additional charge.

Murdoch’s recent real estate moves include taking a $2.5 million loss on one of his Flatiron condos in October. The executive chairman of New Corporation sold the smaller of his two units at Related Companies’ One Madison for $12.5 million, down from the $16 million asking price.

Murdoch listed Unit 57A in March along with his 7,000-square-foot triplex spanning the three floors above for a combined $78 million. Murdoch bought the two condos in 2014 for about $57.9 million. The penthouse at 23 East 22nd Street is still on the market with a $46 million asking price.

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