Wednesday, 23 July 2014
Last updated 12 min ago
May 19 2010 | 10:39am ET
If it was (almost) good enough for the Olsen twins, it’s certainly good for a hedge fund manager—especially at a discount.
An unidentified hedge fund manager has bought the 5,700-square-foot Manhattan penthouse that was supposed to serve as Mary-Kate and Ashley Olsen’s college crash pad. But the actresses never moved into the West Village apartment, which they bought in 2004 for $7.3 million, abandoning their plans to attend New York University quickly thereafter.
The building was built in 2004, and the never-lived-in penthouse features expansive city, river and harbor views on three sides.
The Olsens have been trying to unload the place since 2005, first seeking $9.45 million and then nearly $12 million. They settled for approximately $8.45 million, according to the New York Post.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…