Cadogan Chief Seeks $32M For Brooklyn Apartment

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.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…