Cohen’s Midtown Apartment No Longer Listed

Jul 10 2014 | 6:10am ET

Steven Cohen has either found a buyer for his Manhattan penthouse after more than a year, or given up trying.

The Point72 Asset Management chief’s $98 million apartment in the Bloomberg Tower has been removed from its broker’s website, The Real Deal reports. It’s not clear whether the 10,000-square-foot duplex has sold, or whether Cohen took it off the market.

Cohen bought the penthouse, designed by famed modernist architect Charles Gwathmey, in 2005 for $24 million. When he first listed it last year, he was seeking $115 million.

The hedge-fund billionaire cut the price to $98 million in January. Four months later, he was reportedly “furious” that the apartment hadn’t sold, blaming his broker, Corcoran Group’s Deborah Grubman, the New York Post reported.

In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...