Pages

Tuesday, February 16, 2010

Conan's Staying on the West Coast?



Conan bailing out on CPW

Conan O'Brien, who's already negotiated a $45 million exit deal from "The Tonight Show," is looking for another windfall. The unemployed entertainer's Central Park West penthouse duplex is quietly being shopped around with a $35 million price tag reports The Post's Andy Wang. The south-facing co-op in the twin-towered Majestic at West 72nd Street comes with three terraces and dramatic park views. The apartment is a combination of an 18th-floor penthouse that O'Brien bought in 2007 for about $10 million and the combined-unit residence that he and his wife, Liza, already owned on the 17th floor. The building, on the former site of the Majestic Hotel, once housed mobsters including Mafia boss Frank Costello, who suffered only minor wounds when he was shot in the lobby during a failed assassination attempt in 1957.

Conan O'Brien Staying Close To Fox, Selling His New York Apartment

The currently unemployed Conan O'Brien is quietly shopping his Central Park West penthouse duplex for a $35 million, according to the New York Post.

Conan relocated, with his wife Liza, from his home in New York to the West Coast to star in The Tonight Show.

Perhaps Conan wants to stay close to new opportunities. He is reportedly in talks with Fox to start a late night show with the network. News Corp's TV production studios, Fox Television Studios, which produces USA Networks' Burn Notice and Fox's late night Wanda Sykes Show, is located in Beverly Hills.

If he sells his New York home for the asking price, Conan would make $25 million off the 18th floor penthouse, which he bought in 2007 for $10 million, the Post reports. That would add to the $45 million settlement he got from NBC to leave the network and never come back.

Conan has reportedly been paying some of his staff severance out of his pocket, so he might need some cash soon while he figures out his big TV comeback.

We can't wait.

SOURCE

SOURCE