SAC's Cohen Buys $60M Hamptons House, Seeks $115M For N.Y. Apt.

Mar 28 2013 | 9:47am ET

SAC Capital Advisors founder Steven Cohen may have to write a $616 million check today, but he isn't letting his firm's settlement with the Securities and Exchange Commission cramp his lifestyle.

To the contrary: Cohen has been wheeling and dealing in both the art and real-estate markets in recent weeks. His latest purchase is a $60 million beach house in the Hamptons, which follows on his purchase of a Pablo Picasso paining for $155 million.


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