11 Spring Street: Mystery Solved!

We have a winner! I offered two dollars to the first person to get me proof of purchase on hot Lower East Side address 11 Spring Street. Recently we were told that the buyer was James Murdoch (son of Rupert). That tip was close (much closer than the Schrager rumors) but...

Our pals at The Smoking Gun, on a special mission for us, have stepped forward to demand their two dollars. They present proof positive that it was in fact... drumroll please... James' elder brother Lachlan Murdoch who snapped up the massive downtown building for $5.25 million. He financed the purchase with a $4.935 million mortgage from the Commonwealth Bank of Australia.

Careful, Bank of Australia. Those Murdochs are a bad mortgage risk.
11 Spring Street Transfer Report [TSG]