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.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs 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…

Editor's Note