Steve Cohen Wants To See A 379.16% Return On Manhattan Penthouse
As you all well know, Steve Cohen has been on a bit of a shopping spree lately. And while the SAC Capital founder is a fairly wealthy man and can buy most if not all of what his heart desires, it never hurts to have a little extra cash on hand (one never knows when an impulse purchase will present itself). That's where you come in.
Cohen has put his One Beacon Court apartment on the market and has set the asking price for the place-- purchased in 2005 for $24 million-- at $115 mill. While the Observer notes that the East 58th Street duplex is a hike from Central Park and comes with no outdoor space of its own, it does include 9,000 square feet and servant's quarters that you could easily dump a few gallons of sand in, throw up a couple of faux palm trees, and have yourself a nice little beach scene. Most importantly, you'd be doing the Big Guy a solid in his time of need. When he buys the Louvre you can say you helped make it happen. Act fast and he'll probably throw in the life-size bobblehead and a couple of random chargers to video cameras and first generation Apple products.
The Rumors Are True: Steve Cohen Lists $115 M. One Beacon Court Penthouse [NYO]