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	<title>Observer &#187; Prince Becomes Pauper: Dumped Gateway Founder Dumps Murdoch&#8217;s Soho Palace</title>
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		<title>Observer &#187; Prince Becomes Pauper: Dumped Gateway Founder Dumps Murdoch&#8217;s Soho Palace</title>
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		<title>Prince Becomes Pauper: Dumped Gateway Founder Dumps Murdoch&#8217;s Soho Palace</title>

		<comments>http://observer.com/2011/04/prince-becomes-pauper-dumped-gateway-founder-dumps-murdochs-soho-palace/#comments</comments>
		<pubDate>Wed, 20 Apr 2011 15:57:18 -0400</pubDate>
					<link>http://observer.com/2011/04/prince-becomes-pauper-dumped-gateway-founder-dumps-murdochs-soho-palace/</link>
			<dc:creator>Matt Chaban</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/ted_waitt.jpg?w=221&h=300" />It is beginning to feel like the triplex penthouse at <strong>141 Prince Street</strong> is cursed.</p>
<p>Last June, Elie and Rory Tahari sold the palatial pad to Gateway Computers co-founder <strong>Ted Waitt</strong> for $27.5 million. The fashionable couple had grown threadbare, and <a href="/2011/real-estate/tahari-860-fifth">they were selling off millions in real estate</a> as a result of their separation.</p>
<p>Mr. Waitt won the 9,309-square-foot four-bedroom after a fierce bidding war that drove the price up from an apparent $22 million ask. Part of the reason he wanted it so badly was the same reason men have done crazy things throughout history&mdash;it was for his girlfriend. A week after the deal closed, they broke up, and the <img src="/files/uploads/141_prince_st.jpg" alt="141 prince" width="320" height="240" style="float: right;border: 7px solid white" class="caption" /><br /> penthouse came quietly back on the market.</p>
<p>On April 7, it was picked up by an unkown buyer for <strong>$25 million</strong>, according to city records, but a source said the price was $24.5 million. That is even less than Rupert Murdoch and Wendy Deng got when they sold to the Taharis in 2005, for $24.675 million.</p>
<p>Talk about a bad break up.</p>
<p><em><a href="/tag/manhattan-transfers">Read past Manhattan Transfers here. &gt;&gt;</a></em></p>
<p><strong><a href="mailto:mchaban@observer.com">mchaban [at] observer.com</a> </strong>|<strong> <a href="http://twitter.com/MC_NYO">@mc_nyo</a></strong></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/ted_waitt.jpg?w=221&h=300" />It is beginning to feel like the triplex penthouse at <strong>141 Prince Street</strong> is cursed.</p>
<p>Last June, Elie and Rory Tahari sold the palatial pad to Gateway Computers co-founder <strong>Ted Waitt</strong> for $27.5 million. The fashionable couple had grown threadbare, and <a href="/2011/real-estate/tahari-860-fifth">they were selling off millions in real estate</a> as a result of their separation.</p>
<p>Mr. Waitt won the 9,309-square-foot four-bedroom after a fierce bidding war that drove the price up from an apparent $22 million ask. Part of the reason he wanted it so badly was the same reason men have done crazy things throughout history&mdash;it was for his girlfriend. A week after the deal closed, they broke up, and the <img src="/files/uploads/141_prince_st.jpg" alt="141 prince" width="320" height="240" style="float: right;border: 7px solid white" class="caption" /><br /> penthouse came quietly back on the market.</p>
<p>On April 7, it was picked up by an unkown buyer for <strong>$25 million</strong>, according to city records, but a source said the price was $24.5 million. That is even less than Rupert Murdoch and Wendy Deng got when they sold to the Taharis in 2005, for $24.675 million.</p>
<p>Talk about a bad break up.</p>
<p><em><a href="/tag/manhattan-transfers">Read past Manhattan Transfers here. &gt;&gt;</a></em></p>
<p><strong><a href="mailto:mchaban@observer.com">mchaban [at] observer.com</a> </strong>|<strong> <a href="http://twitter.com/MC_NYO">@mc_nyo</a></strong></p>
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