http://money.cnn.com/2004/12/17/news/newsmakers/murdoch/index.htm?cnn=yesNEW YORK (CNN/Money) - Rupert Murdoch, chairman and CEO of media giant News Corp., has agreed to buy the late Laurance Rockefeller's Fifth Avenue penthouse apartment for $44 million, a published report said Friday.
The New York Times said the billionaire media mogul will pay the asking price for the three-story apartment in a lavish co-op at 834 Fifth Avenue. The price tag would be the highest price ever paid for a Manhattan apartment if the deal goes through, the paper said, citing a person who is familiar with the deal.
The offer was accepted Monday by representatives of Rockefeller's estate, which is responsible for the sale, according to the Times. And once the contract is signed by Murdoch, he and his family must also be approved by the co-op board of the building.
If approved, Murdoch would own the 20-room triplex that spans the 14th, 15th and 16th floors of the building. It has 8,000 square feet of floor space and spacious terraces on each floor. The monthly maintenance fee is $21,469.07.