Saturday, 28 March 2015
Last updated 6 hours 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…