Friday, August 10, 2007

Man pays $33 Million for 26 foot wide house


Back in 1981, when REO Speedwagon and Hall & Oates were kings, Charles Murphy was finishing up college here at Columbia. Then came M.I.T. and Harvard degrees, and he crossed the Atlantic to become a top-ranking banker for Morgan Stanley and Credit Suisse.
Now he’s back uptown. According to a city record filed on Monday, Mr. Murphy is the buyer for Seagram heir (and local condo developer) Matthew Bronfman’s 25-room town house at 7 East 67th Street. He paid $33 million, a record sale for a New York mansion smaller than 26 feet wide. According to the appraiser Jonathan Miller, no Manhattan house that size has ever closed for above $30 million. Full Story - Drugstore