Companies Economy International The Buzz Street Sweep Corrections Pre-market Trading After-hours Trading US Stocks Bonds and Interest Rates Currencies Commodities Mutual Funds World Markets Subscribe to Real Money Newsletter Subscribe to Money Magazine Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Subscribe to Money Magazine Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Tech Apple 2.0 Google 24/7 Techmate Tech Talk Questions & Answers Innovation Nation Small Business Video 50 Best Places to Launch Resource Guide Next Little Thing Subscribe to Fortune Magazine Fortune 500 Fortune Tech Fortune Finance Investing Management Executive Interviews Rankings Log in Register Log Out Profile Alerts Newsletters My Watchlist

Rush Limbaugh wants $14 million for his NYC penthouse

1049_fifth_trop.top.jpgA bedroom inside Rush Limbaugh's Fifth Avenue penthouse.By Julianne Pepitone, staff reporter


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 listing the property, 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 "millionaire's tax" on residents who make more than $500,000 a year. To top of page


25 Best Places to Retire
In these great college towns, you can expand your intellectual horizons, take in the sites and perfect the art of relaxation.  More
The new faces of luxury
The recession hasn't killed the good life entirely. Meet the iconoclasts who are redefining the meaning of luxury. More
Teaching: No longer recession-proof job
Teachers used to be somewhat recession immune. Now states are cutting positions and new graduates, such as Jenny Frank, can't find work. More
Overnight avgs
30 yr fixed mtg4.36%
15 yr fixed mtg3.85%
30 yr fixed jumbo mtg5.37%
5/1 ARM3.38%
5/1 jumbo ARM3.96%

Find personalized rates:
 

Rates provided by
Bankrate.com.

Markets Last Change % Change
Dow 10,415.24 28.23 0.27%
Nasdaq 2,236.20 7.33 0.33%
S&P 500 1,104.18 5.31 0.48%
Treasurys 2.76 0.11 4.03%
U.S. Dollar 1.27 -0.00 -0.09%
Data as of 3:18am ET
Company Price Change % Change
Citigroup Inc 3.91 0.07 1.82%
Bank of America Corp... 13.50 0.13 0.97%
Intel Corp 18.00 0.10 0.56%
General Electric Co 15.91 0.21 1.34%
Pfizer Inc 16.77 0.21 1.27%
Data as of Sep 9

Sections

The misdemeanor charge against the Botox manufacturer probably won't hurt the pharmaceutical company promote the product, but the FDA might take note More

New government report says health reform will send costs higher in the short term before a sustainable slow down is felt. More

One hedge fund manager who used to own Yahoo said the company is losing its relevance quickly and needs -- yet again -- to find a new strategy. More

What small businesses like in Obama's economic proposal, what they don't, and what they wish it had. More

In these great college towns, you can expand your intellectual horizons, take in the sites and perfect the art of relaxation. More

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

Already have the reset code?

Password selection

E-mail

Reset code

New password

Log in & let's get started!

E-mail

Password

Forgot password?


Not a member yet?

Sign up now for a free account

Sign up or log in

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

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.

Go to your Profile page


Newsletters
© 2010 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Home Portfolio Calculators Contact Us Newsletters Podcasts RSS Mobile Widgets Site Map User Preferences Advertise with Us
Magazine Customer Service Download Fortune Lists Reprints Career Opportunities Special Sections Conferences Business Leader Council
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer
LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer.
Morningstar: © 2010 Morningstar, Inc. All Rights Reserved. Disclaimer
The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2010 is proprietary to Dow Jones & Company, Inc
Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
FactSet Research Systems Inc. 2010. All rights reserved.