Friday, 28 November 2014
Last updated 12 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.
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…
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