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Steven A. Cohen's Giant Penthouse: Priced to Sell at $57.5Mn?

September 6, 2017

[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?