Rupert Murdoch Loses $20 Million on Manhattan Triplex

Media mogul Rupert Murdoch recently sold his $23.8 million triplex penthouse at One Madison for a staggering $20 million loss. Murdoch purchased the property in 2014, for $43 million.

Spanning just over 7,000 square feet across three levels, this 5-bedroom, 6-bathroom residence offered unrivaled luxury and some of the most spectacular views in Manhattan. Despite its stunning design and world-class amenities, Murdoch’s departure marked a significant financial loss given the large increase of mortgage rates within the luxury real estate market.

Property Highlights

  • Price: Sold for $23.8 million (originally purchased for $43 million)
  • Location: One Madison, New York City
  • Size: Over 7,000 square feet
  • Bedrooms/Bathrooms: 5 bedrooms, 6 bathrooms
  • Notable Features: Panoramic skyline views, private terrace, internal elevator, double-height Great Room

A Penthouse Above the Skyline

Located on the 58th to 60th floors of the prestigious One Madison, this penthouse epitomized elevated living. The defining feature of the home is its double-height Great Room, where floor-to-ceiling windows frame breathtaking 360-degree views of Manhattan, the Hudson River, and the East River.

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A 586-square-foot terrace extends from the Great Room, providing an ideal space for entertaining against the glittering backdrop of the city.

 

Double Height Living Room

Rupert Murdoch’s former penthouse boasts a breathtaking, double-height living room that seamlessly merges elegance and modernity. The space is anchored by towering floor-to-ceiling windows that flood the room with natural light while framing uninterrupted, panoramic views of the Manhattan skyline.

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Sleek white walls contrast beautifully with rich hardwood floors, and a sculptural spiral staircase acts as a focal point, leading to the upper level.

The furnishings are understated yet sophisticated, with plush cream-colored sofas arranged around a central wood coffee table, accented by deep red and muted pink cushions for subtle warmth. Clean lines and minimalist decor enhance the sense of openness, while curated contemporary art pieces bring personality.

This living area is not just visually striking but designed for both relaxation and upscale entertaining, offering guests an unrivaled vantage point of New York City’s iconic landmarks.

Formal Dining Room

On the way towards the formal dining room, guests run into a spiraled staircase which leads to the secondary floor and all of the bedrooms.

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Crafted with smooth wood and glass railings, the staircase adds an organic, art-like quality to the home’s otherwise sleek, modern aesthetic. Positioned perfectly to take advantage of the floor-to-ceiling windows, the staircase becomes part of the stunning skyline backdrop.

Behind the staircase, the formal dining room sits in a strikingly minimalist space. A long, polished dining table is surrounded by cream-colored chairs, offering an elegant setup for gatherings.

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Towering glass walls frame panoramic views of the city, while the detailed ceiling design adds subtle sophistication overhead.

The Chef’s Kitchen

The chef’s kitchen is a masterclass in modern design and luxury functionality. Anchored by a sleek marble island with a waterfall edge, the kitchen features high-end stainless steel appliances, including a professional-grade Wolf range with signature red knobs and a built-in oven.

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The backsplash, clad in white marble, complements the rich wood cabinetry, which offers seamless storage and a clean, minimalist aesthetic.

Master Suite For The Media Mogul

The primary suite offers a refined blend of luxury and modern elegance, with breathtaking views of the Manhattan skyline at every turn. The bedroom is anchored by a king-sized bed dressed in soft, neutral linens, topped with a plush faux fur throw that adds texture and warmth.

Two sleek armchairs with matching upholstery create a cozy seating area beneath a large abstract painting, offering a quiet spot to enjoy the serene atmosphere. Floor-to-ceiling windows dominate the space, flooding the room with natural light and showcasing a direct view of the Empire State Building.

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The en suite bathroom is a statement of modern luxury, fully clad in pristine white marble. A freestanding soaking tub is perfectly positioned by the window, allowing for a relaxing bath or shower with panoramic views of the city.

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A long, double-sink vanity stretches across one wall, topped with minimalist fixtures and mirrored cabinetry that reflect the space’s bright, airy feel. Elegant pendant lights hang above, adding a contemporary touch, while fresh floral arrangements provide subtle pops of color.

Completing the suite is the expansive walk-in closet, a dream for any wardrobe. Custom-built cabinetry in warm light wood lines the walls, featuring open shelves, drawers, and ample hanging space, all illuminated by sleek integrated lighting.

A full-length mirror reflects the view of the city skyline, making the space feel even larger, while the thoughtful layout ensures every inch is both functional and stylish.

Guest Bedrooms

The second floor houses the penthouse’s four secondary bedrooms, each featuring en-suite baths and designed for comfort and privacy.

One of the guest bedrooms offers a serene retreat with modern furnishings and sweeping city views. The space is defined by a teal four-poster bed, crisp white bedding, and carefully curated accents like plush pillows and sleek bedside lighting.

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A small writing desk tucked beside the floor-to-ceiling windows makes for an inspiring workspace, while the panoramic view of New York’s skyline, including the Empire State Building, steals the show.

The en-suite bathroom matches the elegance of the bedroom, with warm neutral tones and luxurious finishes. A glass-enclosed rainfall shower and a soaking tub provide spa-like amenities, surrounded by subtle, veined wood-like tiles that line the walls and floors.

A contemporary vanity with integrated lighting and polished fixtures completes the space, while a large window ensures stunning city views even from the bathroom.

Succeeding To The Home Office and Conference Room

The home office in Murdoch’s former penthouse is a sophisticated and warm space designed with floor-to-ceiling wood cabinetry and built-in shelves that provide ample storage and display space.

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A sleek black desk is placed near the expansive window, offering stunning, unobstructed views of the Manhattan skyline. Natural light floods the room, enhancing the rich wood tones and creating a productive yet calming atmosphere for working or reading.

The conference room is also a stunningly minimalist and modern space. A large rectangular table surrounded by sleek chairs serves as the centerpiece, while the room’s design is anchored by soft neutral tones, textured panels, and a sprawling area rug.

Exclusive One Madison Amenities

Residents of One Madison enjoy unparalleled amenities through the One Club, designed for the ultimate in convenience and relaxation. Offerings include:

  • Indoor Pool and steam room
  • State-of-the-art fitness center
  • Elegant social lounges for gatherings
  • Full-time doorman and concierge services
  • The building’s location adds to its allure, with celebrated restaurants such as Eleven Madison Park and Gramercy Tavern just steps away
  • Inside Rupert Murdoch luxury penthouse.

    A Testament to Manhattan Luxury

    Although Rupert Murdoch’s sale came at a significant loss, his triplex penthouse at One Madison remains a symbol of New York City luxury. With its expansive layout, commanding views, and proximity to some of Manhattan’s most iconic landmarks, the residence continues to define the pinnacle of high-end living.

     

    While the media mogul may have exited the property at a financial loss, the home itself stands as a testament to the unmatched allure of Manhattan’s luxury real estate.