Tuesday, 7 July 2015
Last updated 19 hours ago
Dec 20 2012 | 9:43am ET
Andor Capital Management founder Daniel Benton has bought a Manhattan penthouse for $39 million.
Benton's new digs, at 730 Park Avenue, were quietly offered for sale after a neighboring penthouse, owned by the late private-equity manager Ted Forstmann on 70th Street, fetched $40 million in June. Benton's duplex was originally offered for $35 million.
The apartment sits on the top two floors of the 20-story building, at 71st Street on New York's Upper East Side. It features 12 rooms, five terraces and views of Central Park. There is a grand staircase, a solarium and a breakfast room with a glass ceiling.
Benton closed Andor in 2008 and retired. The firm, which once managed $2 billion, focused on technology. He and his wife already life in the building, in a lower-floor 12-room duplex they bought in 2007 for $21 million.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…