El Rushbo is Leaving New York

By Jordan H • July 13th, 2010

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Rush Limbaugh has been a consistent hater of New York taxes. With shows boasting titles like “El Rushbo to New York: Drop Dead,” his feelings have about as much subtlety as the ornate decor of his opulent condo. Making good on his promise to get out of New York because of the high taxes, Limbaugh’s penthouse at 1049 Fifth Avenue has been sold. It went for $11.5 million, after first being listed for $13.95 million in March and seeing a price chop of $1 million in April.

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The condo is full of opulence. From the hand-painted ceiling murals to the gold leafing, well, everywhere. It has 10 rooms, including a phenomenal 30-foot-wide living room with fireplace and 4 terraces overlooking Central Park. Did he take a price cut? Sure. But he bought the place for just $5 million in 1994. He still has those taxes to pay the transfer taxes, but he’s still more than doubling his money. And taking it to Florida.

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Photo Credit: Curbed

 

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