Comcast COO makes most expensive Philly rowhome purchase ever - Technical.ly Philly

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Aug. 11, 2010 4:13 pm

Comcast COO makes most expensive Philly rowhome purchase ever

Comcast COO Stephen Burke is the new owner of the 8,120 square foot, brick rowhome that is blocks from Rittenhouse Square Park and has been heralded as becoming the most expensive such purchase in Philadelphia history. Our friends at Brownstoner Philadelphia were the first to push out that the $5.85 million closing in May was […]

Comcast COO Stephen Burke is the new owner of the 8,120 square foot, brick rowhome that is blocks from Rittenhouse Square Park and has been heralded as becoming the most expensive such purchase in Philadelphia history.

Our friends at Brownstoner Philadelphia were the first to push out that the $5.85 million closing in May was marked as the city’s priciest. The 1817 Delancey Place property is listed as being owned by Stephen and Gretchen Burke, the COO’s wife, according to a 2009 Forbes profile. Another source confirmed on background that the new owners are the Comcast Burkes.

Burke has developed a reputation out of the proposed takeover of NBC Universal, as it has been asserted that Burke would help lead the uniting of the two companies and, as Reuters put it back in December, everybody loves Burke, even Warren Buffet.

In 2009, Burke’s total compensation package rang in at nearly $34 million, including a $2.3 million base salary, a $3 million bonus and $10 million in stock awards, according to Forbes.

In June, Burke’s boss, Comcast CEO Brian Roberts, made news by reportedly looking at Manhattan real estate. It’s nice to see Burke keeping it local.

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Organizations: Brownstoner
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