Is Rupert Murdoch's Son Moving to the 'Muppet Mansion'?

James Murdoch Muppet MansionJames Murdoch, the closest thing to an heir apparent to the News Corporation empire, may be moving up in more ways than one. Public records suggest that the recently promoted News Corp. executive may be moving into Jim Henson's former Upper East Side home, affectionately known as the "Muppet Mansion."

Murdoch, the 38-year-old son of media magnate Rupert Murdoch, was promoted to deputy chief operating officer at News Corp. on Wednesday. In this newly created position, Murdoch will expand his current role in the company's European and Asian operations to include all News Corp. markets.

The young Murdoch will relocate from London to New York to manage his enlarged purview, and, in the process, perhaps snatch up one of the Upper East Side's most interesting properties.

The so-called "Muppet Mansion," a neo-Georgian, 12,000-square-foot estate, was recently purchased for $23 million, but it wasn't until the announcement of Murdoch's promotion that the pieces seemed to come together. The buyer, a limited liability company (LLC) named "Statler"--an inside joke for you Muppets fans--was traced back to Jesse Angelo, editor of The Daily, Rupert Murdoch's iPad exclusive news venture.

The mansion could, potentially, belong to Angelo and not the incoming Murdoch. Angelo was given a budget of $30 million to head The Daily, but that doesn't mean the young editor personally has $23 million to invest in the stately property. Furthermore, why go to the trouble of setting up an LLC? Typically LLCs are set up to shelter one's assets from creditors, but are often used to hide the buyer's identity in high-profile purchases.

The Corcoran brokers who listed the property, Carrie Chiang and Loy Carlos, had not returned our calls at press time.

But judging from Murdoch's new status in the company, Henson's sprawling Muppet Mansion could be the perfect base for the future puppet master of News Corp.

CORRECTION: The article previously misstated the amount paid to Jesse Angelo to head The Daily. The $30 million refers to the budget allocated to the iPod exclusive venture.

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Reply To Mitch: Been watchin Faux News again, I see. When you ( or Rupert Murdoch) have done one tenth as much for the world as George Soros, I'll listen with some respect (look him up). Till then, you're a Murdoch perfect person ( arrogant, bigoted, ignorant, & gullible)!

April 01 2011 at 4:56 PM Report abuse -4 rate up rate down Reply
1 reply to sbw9950's comment

You are obviously an anti-American. Are you a terrorist muslim? George Soros (owner of Progressive Ins.) is one of the most despicable one world order socialists on the planet! GO TO H*LL!

April 01 2011 at 6:37 PM Report abuse +6 rate up rate down Reply
1 reply to Megabob's comment

Thanks for proving my point (arrogance,bigotry, ignorance, gullibility, in case you've forgotten). I'm throwing in stupidity as well. I bet you buy a lot of "as seen as on tv" items

April 01 2011 at 7:18 PM Report abuse -1 rate up rate down

This kid bares watching; his dad is well along in years and will not be running things much longer. Then what happens?

April 01 2011 at 2:59 PM Report abuse rate up rate down Reply

And this is news because.......?

April 01 2011 at 2:48 PM Report abuse +5 rate up rate down Reply

MAN, you have to be a convicted crooks' son to go th the Muppet Mansion??? Does he even KNOW who they are?
What illegal stuff does it take to get there??? Just askin'...

April 01 2011 at 1:39 PM Report abuse rate up rate down Reply

So that horrible australian reject reproduced? Why true americans aren't up in arms that this guy, from another country, tries to own and influence american politics is beyond me. They worry about the mexicans coming in and taking over a gardening job, but don't care that this guy is changing america for the worse.

April 01 2011 at 10:18 AM Report abuse +4 rate up rate down Reply
1 reply to manmi1's comment

If you want to be mad about people from other countries coming in, you should think and talk about the millions of illegals invading our borders with the help of Geogre Soros, and Co.

April 01 2011 at 2:52 PM Report abuse rate up rate down Reply


April 01 2011 at 9:39 AM Report abuse +1 rate up rate down Reply

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April 01 2011 at 9:25 AM Report abuse -3 rate up rate down Reply

Looks like a fixer upper. $23,000,000? Crazy.

April 01 2011 at 9:16 AM Report abuse +1 rate up rate down Reply