NBCUniversal CEO Stephen Burke might not want to get his real estate license.
He and his wife sold their Philly area home that they bought in 2010 for a $1.5 million dollar loss.
Burke sold his home to ShopRite executive Jeff Brown for $4.3 million bucks. Burke bought the property for $5.8 million back in 2010.
Burke, who previously served as Comcast’s chief operating officer, was in charge of NBCUniversal, which the Roberts family had acquired in a $30 billion merger. The deed for 1817 Delancey Pl. shows that the Burkes now reside on Manhattan’s Upper West Side in a highrise apartment overlooking Central Park.
Burke first put the 8,000 square foot house on the market in 2013 for an asking price of $5.6 million. Twice, the listing price was lowered.
He has finally sold the home at a lost, which means time for another cable bill hike.