Record Murdoch offer for apartment

RUPERT Murdoch, the billionaire CEO of News Corp, has offered to buy a three-storey penthouse for $44 million, which would be the highest price ever paid for a Manhattan apartment if the deal goes through.

Murdoch and his family must also be approved by the co-op board of the building, at 834 Fifth Avenue, The New York Times reported.

The 20-room apartment spans the 14th, 15th and 16th floors of the building. It has 8,000 square feet of floor space and spacious terraces on each floor.