Monday, 27 April 2015
Last updated 2 days ago
May 12 2014 | 12:34pm ET
Steven Cohen’s Manhattan penthouse has been on the market for more than a year, and the former hedge fund manager isn’t happy about it.
Cohen listed the 10,000-square-foot duplex, in the Bloomberg Tower on Manhattan’s East Side, early last year, seeking $115 million. In January, he cut the price to $98 million—but it still hasn’t attracted a buyer.
Cohen, who transformed his SAC Capital Advisors into a family office called Point72 Asset Management earlier this year, after SAC pleaded guilty to insider charges last year, “blames his broker,” Deborah Grubman of The Corcoran Group, the New York Post reports. “Furious is not the word. He’s had enough.”
Cohen paid just $24 million for the apartment, which features 24-foot windows overlooking Central Park and lower Manhattan, in 2005. The pad was designed by famed modernist architect Charles Gwathmey and has four bedrooms and five-and-a-half bathrooms.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…