Malynda Williams is a real estate tycoon in the making. She

Tycoon in the making

Malynda Williams didn't set out to be a real estate tycoon. But the 50-something has managed to acquire four properties over the past three years, and she's looking for more. Read more…

Rush Limbaugh wants $14 million for his NYC penthouse

15.03.2010 00:01

Rush Limbaugh wants $14 million for his NYC penthouse

1049_fifth_trop.top.jpgA bedroom inside Rush Limbaugh's Fifth Avenue penthouse.By , staff reporterMarch 3, 2010: 2:27 PM ET

NEW YORK (CNNMoney.com) -- Conservative radio host Rush Limbaugh is saying adios to the Big Apple and selling his Fifth Avenue penthouse, asking almost $14 million.

Limbaugh bought the 10-room condo at 1049 Fifth Ave. in 1994 under the name of R H Trust, according to city property documents. The pad sprawls across nearly 5,000 square feet and two of its terraces overlook Central Park and its famous reservoir.

The pre-war property features a double living room; a wood-paneled library; four terraces; enormous baths; and a maid's room. But it's not for the faint of heart -- or those afraid of a big renovation. The general appearance can be described as, well, ornate, with trompe l'oeil ceilings and mural-covered walls.

Other lavish features include gold leaf moldings, mahogany floors, upholstered walls and an Italian marble foyer.

Luxury broker Corcoran Group is , but the firm chose not to release photos or confirm the celebrity resident. Limbaugh was not available for comment.

So what's all that worth? Limbaugh hopes to get $13.95 million for his home. For the tax rolls, the city values the property at $1.56 million and says property would rent for more than $26,000 per month.

Limbaugh, host of "The Rush Limbaugh Show," has been a major voice in the conservative media arena for decades. In 2009, the pundit said he would sell his property after New York governor David Paterson proposed a so-called on residents who make more than $500,000 a year. 





#cnnfb_connect {background-color:#f5f5f5;width:auto;height:auto;padding:10px;clear:both;} First Published: March 3, 2010: 1:34 PM ETRight Now

Apple's iPad will have plenty of company when it debuts, but not all target the same consumers. A specialist nurse can take home $189,000 a year, according to a new salary survey.  The 661 auto dealers General Motors offered a second chance are still waiting for details on the terms of their reprieve.  
Overnight avgs
30 yr fixed mtg5.07%
15 yr fixed mtg4.36%
30 yr fixed jumbo mtg5.83%
5/1 ARM3.94%
5/1 jumbo ARM4.48%

Find personalized rates:
 

Rates provided by
Bankrate.com.
B Corporations, a new type of corporate structure, use the power of business to solve social and environmental problems as well as make money. Second-hand vintage time pieces are significantly less expensive than new ones and retain their value over time. American's are spending more of their savings in 2010 but readers of 'The Buzz' are not concerned. 
MarketsLastChange% Change
10,624.6912.850.12%
2,367.66-0.80-0.03%
1,149.99-0.25-0.02%
3.71-0.10-0.27%
1.380.010.92%
Data as of 4:59pm ET
CompanyPriceChange% Change
3.97-0.21-5.02%
16.85-0.27-1.58%
17.040.563.40%
13.340.433.33%
17.08-0.21-1.21%
Data as of 4:59pm ETSponsored by var randomnumberA=Math.floor(Math.random()*2); // fortune content if (location.pathname.match('fortune')) document.write(''); else // moneymag homepage if (location.pathname.match('moneymag')) document.write(''); else // cnnmoney content if (randomnumberA==0) document.write(''); else if (randomnumberA==1) document.write('');
Sections

The firm's collapse lit a fire under the global financial crisis. A new report fingers executives for making bad decisions and manipulating balance sheets.

Some 18 months after the financial system nearly collapsed, the head of the Senate banking panel will reveal the latest bill to avoid future crises.

Google needs users' data to run its business, but needs to strike the right balance with protecting users' privacy.

The 661 auto dealers General Motors tapped for a second chance are still waiting for details on the terms of their reprieve.

Quickly resolve common shortcomings with these simple, low-cost products.

Please create a screen name to access this feature.

Screen name (Select one with 3-12 characters; Numbers and letters only)


Forgot password

Enter your e-mail address below and we will send you an e-mail with a link and code to reset your password.

E-mail

Password selection

E-mail

Reset code

New password

Log in & let's get started!

E-mail

Password

Remember me for two weeks

Not a member yet?

Sign up or

Screen name

Select one with 3-12 characters;
Numbers and letters only

E-mail

Make sure you typed it correctly.
You will receive an e-mail to validate your account

Password

Make it 6-10 characters, no spaces

Type what you see in the grey box

If you can't read this,
Yes, I would like to receive occasional CNNMoney member updates about new features and special offers.

CNNMoney will use the information you submit in a manner consistent with our . By clicking on "sign up" you agree with and and consent to the collection, storage and use of this information in the U.S. subject to U.S. laws and regulations. ()

For our international users, please be aware that the information you submit when registering for our services is collected in the United States of America. In addition to being subject to our Privacy Policy, the collection, storage, and use of your data will be subject to U.S. laws and regulations, which may be different from the laws and regulations of your home country. By registering for this service, you are consenting to this collection, storage, and use.

We're Sorry!

This service is temporarily unavailable. Please try again soon.



Thanks!

Please check your e-mail and click the link to confirm your membership. Then, you'll be ready to participate in all activities and conversations on our site.

Article source

Add comment  Add comment

Name: 
E-Mail: 
Comment: 
Captcha
Enter code: 


Google

Last added

Navigation

Visit Also

Meta