Wednesday, 20 August 2014
Last updated 5 hours ago
May 22 2014 | 10:25am ET
Brooklyn, N.Y., has become among the hottest residential address in the country. One hedge fund manager wants to see just how hot.
Cadogan Management’s Stuart Leaf and his wife are seeking $32 million for an 11,000-square-foot penthouse on the Brooklyn Heights waterfront. The Leafs paid just over $6 million for what were originally three units atop One Brooklyn Bridge Park in 2010.
The Leafs then combined the apartments into a sprawling 14-room spread, with panoramic views of lower Manhattan, Brooklyn Bridge Park and the Statue of Liberty. The home has six bedrooms, six bathrooms, a private terrace, home theater, gym with climbing wall and wine cellar.
If the Leafs get what they’re asking, it will be nearly triple the current Brooklyn record, set in 2012 by the Brooklyn Heights home formerly occupied by author Truman Capote, which fetched $12.5 million.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note