Thaler Sells Upper East Side Pad

May 8 2013 | 8:44am ET

JAT Capital Management founder John Thaler has sold a Manhattan apartment for $5.2 million, more than $1 million less than he had initially sought.

Thaler first listed the 3,500-square-foot space at the beginning of last year for $6.4 million. He paid a total of $4.4 million for the two 17th-floor units in 2006, when the building opened, and 2009.

The combined corner units at East 83rd Street and York Avenue were relisted at the end of last year for $5.45 million.

According to the New York Observer, real-estate records do not show a new city purchase for Thaler, who owns a seven-bedroom mansion in Greenwich, Conn.

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