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Steve Cohen Wants To See A 379.16% Return On Manhattan Penthouse

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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]


If You're Selling An Apartment In Manhattan, Just Call 203-890-2000 And Ask For Steve

Perhaps you thought that hedge fund manager Steve Cohen's recent need to indulge in a little retail therapy had been satisfied by the purchases of a $60 million Hamptons home and a $155 million painting. That dropping 200+ mill had made him feel better about certain things going on right now that are out of his control. That the bank was closed. Well you thought wrong! The East End house and the Picasso were apparently but a warm-up, which the Big Guy followed up by buying a building on Perry Street and, possibly, an apartment 6 blocks away.

Steve Cohen Gives 215 Million (And Counting) Fingers To The Universe

In the news this week you will find two stories of men soothing what ails them through retail therapy: that of Friday Night Lights writer Buzz Bissinger, who confessed in the pages of GQ to spending over $600,000 at the House of Gucci in a leather fetish/bondage binge that resulted in him coming to own 'eighty-one leather jackets, seventy-five pairs of boots, forty-one pairs of leather pants, thirty-two pairs of haute couture jeans, ten evening jackets, and 115 pairs of leather gloves' and Steve Cohen, who will not be held down by SEC settlements topping half a billion dollars or bulls-eyes on his back. Earlier this week it was reported that the SAC Capital founder had picked up Picasso's Le RĂªve for $155 million as "a gift to himself" and now he's got a place to put it: