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- Bitcoin plunges by more than a third in a single day
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- BEWARE: Long Island Iced Tea Shares Soar After Changing Name to Long Blockchain
- Gary Cohn’s Last Laugh: Cashing Out on Trump’s Tax Plan
- E*Trade Lets Customers Trade in CBOE Bitcoin Futures
- Swiss Find Serious Shortcomings at JPMorgan in 1MDB Case
- Washington-based Investment Adviser and His Business Partner Charged in Multi-Million Dollar Scheme
- FINRA Board of Governors Meeting
- Cryptocurrency Market Now Doing Same Daily Volume as the NYSE
- Jailed Barclays Trader Must Pay $400,000 From Libor Profits
- Trump Asks ‘How’s Your 401(k)?’ But Most Voters Don’t Have One
- A Bitcoin Hedge Fund’s Return: 25,004% (That Wasn’t a Typo)
- Madoff Victims Near Full Recovery of Principal With Payout
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Steven A. Cohen's Giant Penthouse: Priced to Sell at $57.5Mn?
[Photos: Corcoran Real Estate]
by Howard Haykin
Steven A. Cohen, the uber wealthy hedge fund manager is selling his Manhattan duplex penthouse for $57.5 million – exactly half his initial asking price of $115 million, when he first put the apartment on the market in 2013.
Cohen, who apparently has grown tired of his Central Park views, is presently building a homier residence in downtown Manhattan – namely a four-story mansion and six-story apartment building in Greenwich Village.
WHAT’S THIS APARTMENT GOT THAT OTHERS DON’T? Perched near the southeast corner of NYC’s Central Park, all 5 bedrooms and 6 baths in this 9,000 square foot duplex penthouse offer a brilliant panorama of the city’s skyline – by day and by night. The apartment also has a dedicated gallery, which likely suited Cohen’s significant fine arts collection.
Located at One Beacon Court, part of the Bloomberg Tower complex, Mr. Cohen is hoping the apartment is finally priced to sell. Do I hear any counteroffers?