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Hedge funder’s estate slashes asking price of UES townhouse

Hedge funder’s estate slashes asking price of UES townhouse

The estate of the late hedge funder Charles Murphy is writing down the value of his Upper East Side townhouse. Murphy, who was a partner at investment management firm Paulson & Co., died last year after jumping from the 24th floor of the Sofitel hotel in Midtown. This week, his estate slashed the asking price of his limestone house to $29.95 million — a steep discount from the $50 million that Murphy sought in March […]


Source: realdeal

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