Rupert Murdoch buys $57 million Manhattan condo

The media mogul and recent divorcée buys a big new bachelor pad.

Soaring Manhattan market

rupert murdoch new home

With large lots hard to find or assemble, New York developers have turned to building thin towers taller than most commercial skyscrapers. They contain some of the most expensive condos in the world. One Madison is just a block away from one of the city's most iconic buildings, the 21-floor Flatiron, built in 1904.

- Last updated February 21 2014 02:38 PM ET
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