Jesse Angelo’s New House Cost Almost As Much As The Daily

When he launched The Daily, his new tablet-only newspaper, Rupert Murdoch pledged to its editor, Jesse Angelo, that he’d put up $30 million dollars to get the thing up and running. That number puts into context the amount that Angelo just reportedly spent on a home on one of the fanciest blocks of the Upper East Side. Most recently listed at $27.2 million, the townhouse that Angelo scored at 117–119 East 69th Street came for the discount price of $23 million. That’s a whopping $5.5 million less than its previous owner, Edgar Bronfman, bought it for in 2008 — but a whole heck of a lot more than the $600,000 Muppet-maker Jim Henson spent on it way back in 1977. A neo-Georgian marvel (the two street addresses mean it’s a double-wide at 40 feet) with original details from 1928 and a working elevator, the house will still need a lot of work, according to StreetEasy. Although the deed was signed by Angelo (whose dad, by the way, is private-equity bigwig John Angelo), the house was purchased by a limited liability corporation with the name of Statler — as in Statler of Statler and Waldorf, the skinnier of Henson’s famously curmudgeonly Muppet critics.

According to the listing, the space could be used for offices as well as a home — so maybe 37-year-old Angelo, who has no kids but is dating Newsweek editor Rebecca Dana, has other plans for it. After all, his last apartment cost only $1.9 million, according to the Observer. But considering News Corp. cleared out the whole 26th floor of 1211 Sixth Avenue for The Daily, it looks like this Muppet has a new home.

Meanwhile, look at the headline on that Observer story. Looks like new editor Elizabeth Spiers is really going for that elusive Observer “house style”, huh?

Bronfman Socked on Muppet Mansion by Murdoch Minion [NYO]

Jesse Angelo’s New House Cost Almost As Much As The Daily