'Regular Guy' Limbaugh Sells NYC Condo for $11.5M

Getting out of city because of taxes
By Jane Yager,  Newser Staff
Posted Jul 12, 2010 6:16 AM CDT
'Regular Guy' Limbaugh Sells NYC Condo for $11.5M
FILE - In this Jan 18, 2009, file photo, talk show host Rush Limbaugh is interviewed on the sidelines before the start of the NFL AFC championship football game in Pittsburgh. Limbaugh is getting married for a fourth time. The Palm Beach Post reports that the 59-year-old Limbaugh is getting married...   (AP Photo/Rob Carr, file)

(Newser) – After complaining about New York City's high taxes, Rush Limbaugh is parting ways with the city, selling his posh Fifth Avenue penthouse for $11.5 million. Limbaugh, who bought the place for $5 million in 1994, recently said on his radio show that he was going to "get out of New York totally" because of a state income tax surcharge, and he predicted last week that LeBron James would bypass New York in order to save up to $20 million a year in taxes, the Wall Street Journal reports.

New York City taxes on the sale will total about $164,000, while New York state will take another $161,000. The ten-room condo features its own private elevator, a 30-foot-wide living room, and views of Central Park. The space is richly appointed with hand-painted murals, a gold-leaf ceiling and silk damask upholstered walls (click here for photos).

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