Everything Cool At Third Point

Posted by Bess Levin, Feb 25, 2008, 3:38pm

danloeb.jpgWe often stay up nights wondering if our billionaire fundy friends are secretly hemorrhaging money, seconds away from being forced to shutter it up and call it a day. So it's nice when we can, for instance, check Third Point off the list. Founder Dan Loeb finally closed on his $45 million, 10,674 square foot penthouse at 15 Central Park West, paid for in cash. We take that to mean things are fine, for now. Joy! We'll sleep a little better tonight, except for that nagging feeling that Pirate Capital's Jolly Roger is headed into a shit storm, a sense we get not from any sort of P&L intel, per se, but because sources tell us Tom Hudson is three months behind with rent on his mausoleum.*


15 CPW ALERT! Loeb's $45 M. 'Panorama' [New York Observer]


*The "powers" that be around here want me to tell you that I'm just kidding about the delinquent payments. We're sure Tom has all his affairs in order.

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Posted in: Pirate Capital
Tags: Dan Loeb, Third Point

Comments

Posted by guest, Feb 25, 2008 3:49PM

45 mm in cash? pimp.

Posted by guest, Feb 25, 2008 3:53PM

piiiiiiiiiiiiiiiimp.

Posted by Anal_yst, Feb 25, 2008 4:48PM

Eh, $45M I'm not sold on the building, feel like you could get something more interesting for that kinda $, butt that might be more a matter of personal taste than anything else...

Posted by guest, Feb 25, 2008 4:53PM

Agree with you there. Passed by over the weekend. The mailroom for example is visible from CPW and looks almost as tacky as the one in my building. Where apartments are more like 1/100 of $45 M. I would have thought that, like the Park Av buildings, they would drop the mail off at your door.

Posted by guest, Feb 25, 2008 4:56PM

@4:53 Yeah, but in your building bet you don't have a Best Buy on the groud floor. That alone is worth millions - NOT

Posted by guest, Feb 25, 2008 6:20PM

If Tom had 1oz. of the pimpness than Dan has, he wouldn't have to post on sugardaddy websites looking for more money grabbing clap gargling women.

-Formerly FEPWJ

Posted by HizzA, Feb 25, 2008 9:28PM

How could you guys not have dirt on DB Zwirn's 4 year wind down?

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