NEW YORK (CNNMoney.com) – Conservative radio host Rush Limbaugh is having a tough time saying adios to New York City. But it's not because he'll miss the Big Apple. Rather, he's been forced to cut the asking price for his Fifth Avenue penthouse to $12.95 million.
Limbaugh originally listed his spacious digs in March, asking $13.95 million. He bought the 10-room condo at 1049 Fifth Ave. in 1994 under the name of R H Trust, according to city property documents.
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.
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.
So what's all that worth? 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.
Limbaugh is filty rich and has become rich due to his poor white trash followers. This is evidence that he is getting richer by the day by spreading unfounded rhetoric. Thank God he is a white man. If he were black this blog would be overflowing with criticism. People you need to wake up. Limbaugh should not have any following at all. This just goes to show that America is going backwards.
No one wants to live in a space that a RAT used to call home. No matter how luxurious.
Palin, Beck and Rush sure do know how to get those poor little right wing suckers to pay up. All that money for all that garbage. Wow, I guess you guys aren't being taxed enough.
Look how rich you pathetic tools who listen to Limbaugh have made him - and for such wisdom as "we don't need to clean up the oil spill in the Gulf because the ocean will naturally take care of it."
People vote with their feet and their wallets... tax them too much, and they make other arrangements.
Unless of course you think the mass exodus out of NY, NJ, CA, IL these past two years is a fluke.
i hope that people who listen to this man and his dividing and racist tone,wake up and see that they are only used ,so he will have an audience to make money ,likes of him and pallin and hannity who use thiese ignorant people and feed them junk and lies and in return boost their ratings.
He's had to drop the price because it's in liberal NYC. Not a lot of premium associated with Mr. Limbaugh, ehh
Now that everyone knows who owns this property, he is probably stuck with it or he might be able to give it away (maybe)?
What a douche bag.
I used to listen to Rush when he started out in NYC. The two worst decisions he has made–moving to West Palm and expanding his show to three hours. Since moving to WPB he has completely lost touch with ordinary people. And once he added a third hour he slowed his pace and started filling the time with ever more outrageous puffery instead of the biting commentary and satire he started out with. I gave up listening several years ago and my political BS detector has become much better since then. In the early days it was obvious the bloviating was a radio shtick, and the audience was in on it. Now he actually believes his own hype. Sad.
I thought the fat druggy was moving his sorry soul out of the country after health care for the people was passed? What happened, no dealers on the lamb?
Way to go Rush, you and your brain mate Sarah can afford those luxuries, it proves that there is a big payoof for laud mouths like you and Sarah. With leaders like you we do not need the constitution only your foul big mouth.
Way to go Rush, you and your brain mate Sarah can afford those luxuries, it proves that there is a big payooff for laud mouths like you and Sarah. With leaders like you we do not need the constitution only your foul big mouth.
It look like the market for hot air is booming and has made Mr. Limbaugh a very wealthy man.
So what's the point to this article other than to allow people to spew their hate for him. Almost everyone everywhere is having to drop their asking price on property right now.
And this is news and belongs in this section why?
Limbaugh saying adios to NY City!! and where is he heading to!!! Is it not to Costa Rica as he promised OR is he not aware that the Health Care Reform was passed long time ago.
If the buyer finds crack and other drugs in the apartment, can they keep it?
Wow Rush your a rich man!
It's not the price that's the problem. I don't think that they make a cleaning solution and scrubbing system that would satisfy a potential buyer that the stench would really be eradicated from the premises. Maybe throw in a free exorcism and see if you get any bites.
Who says spewing filth and lies doesn't pay well.
Rush is a multi-millionaire who has no respect for the working class.
Wonder who the liberals will tax after they have driven all of the wealth out?
Even if I had the money to purchase it, I wouldn't. He probably stunk the whole place up with his cheap cigars.
Man, this bloated jerk really makes me sick.