Limbaugh sells NYC condo for $11.5 million
by Jul 13th 2010 12:00PM
Being a man good to his word, conservative radio talk show host Rush Limbaugh is leaving New York with its relatively high taxes on rich people. Limbaugh's 10-room, 20th floor penthouse at 86th Street and Fifth Avenue reportedly sold for $11.5 million. It was originally priced at $13.95 million in March, but was dropped a cool million or so along the way. When he listed it, he pledged to leave Gotham, and liberals here have had their fingers crossed.
The news was too irresistible for the late night comics. David Letterman quipped that the $11.5 million price tag was "$2.5 million for the apartment and $9 million for what they found in the medicine cabinet," -- a reference to Limbaugh's admitted problems with pain medications.
The 4,600-square-foot unit has views of Central Park and the reservoir, working fireplaces, a wood-paneled library, four terraces including one off the media room, his and hers dressing rooms, a double living room and a maid's quarters.Much has been made of the over-the-top decor, including upholstered walls, lots of gold leaf moldings and hand-cut Italian marble lining the foyer. There are ceiling and wall murals all over the unit.
Limbaugh bought the home for about $5 million in 1994.
Limbaugh was content to live among the liberals until New York state temporarily increased the income tax on millionaire home owners to raise money for the state budget. Not one to suffer silently, the bombastic radio personality took great and public exception to the plan. He even advised NBA star LeBron James that the tax situation would be better for him in Miami.
So where is the Big Man going? He's not saying and we don't have a clue, but we'd point out to him that the Tax Foundation ranks Alaska as the state with the lowest taxes. And then of course if having neighbors who share his views is as important as we suspect, we know some lovely properties for sale in Arizona.
(Sources say to look for him to pop up in Florida or Orange County, CA.)