Sunday, 23 November 2014
Last updated 2 days ago
Feb 5 2014 | 8:24am ET
Avenue Capital Group founder Marc Lasry isn't moving to Paris, but he is moving—to a $33 million penthouse.
And Lasry's new home, a duplex atop 55 Central Park West, is perhaps even more famous than the Hôtel de Pontalba, where Lasry would have resided as U.S. Ambassador to France. The New York landmark is known as the "Ghostbusters Building" for its role in the 1984 film.
Lasry and his wife, Cathy, got the penthouse for slightly below its asking price of $33 million. The billionaire's real-estate agent, Raphael De Niro, told The New York Times that the couple was captivated by the apartment's broad park views, high ceilings and unusually-large picture windows.
The Lasrys will not be the first boldface names to call the penthouse home: It has been owned by fashion designer Calvin Klein twice, and was most recently the property of TVT Records founder Steven Gottlieb.
Gottlieb, who bought the apartment in 1999 from Klein, poured more than $5 million into it before putting it on the market in 2012. The 5,000-square-foot pad has four bedrooms.
Lasry last year was poised to be named U.S. ambassador to France, but withdrew before he was formally nominated.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...