This image was lost some time after publication.

Soho is officially over. First the pioneers and artists were squeezed out, and now even a bona fide master of the universe, Rupert Murdoch, has been priced out of the trendy neighborhood.

Poor Rupert and his lovely young wife, Wendi Deng, and their two daughters will have to make due with the only place they can afford: a $44 million triplex on tatty Fifth Avenue. That may seem steep, but $44m is actually quite a steal: The place comes with all the appliances and is fully fortified for when the unwashed masses rise up and revolt against the capitalist pigs who exploit us. (So, you see, the place kinda pays for itself.)

Sympathy Bouquets can be sent to 834 Fifth Avenue.
Murdoch Set to Pay Record $44 Million for 5th Ave. Triplex [NYT]
834 Fifth Avenue [The City Review]
Rupert Murdoch and Wendi Deng [WSJ Hedcut via Picturing Business in America]