How ironic.
Murphy owned a multimillion-dollar limestone townhouse in the heart of Lenox Hill with eight bedrooms, 11 fireplaces and two elliptical staircases, according to The Real Deal.
Murphy purchased the building on East 67th Street from Seagram heir Matthew Bronfman for $33 million in 2007. The house was previously owned by The Foundation for Depression and Manic Depression.
It doesn't appear that he was exactly broke.
Murphy had been serving as a partner with the investment management firm Paulson & Co.
The head of the fund, John Paulson, released a statement Monday night calling Murphy “a brilliant man, a great partner and a true friend.”
“Never argue with stupid people, they will drag you down to their level and then beat you with experience.”