Steve Cohen Cuts The Price Of His Midtown Apartment To "F*ck You, Now You Can't Have It" Dollars

He's not going to be reduced to begging (any more than he already has).
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Steve Cohen tried to sell you his apartment. Really, he did, and quite hard. First, in the spring of 2013, at $115 million, which represented a 379.16% on the $24 million he paid in 2005. But no, none of you would even take a nibble. Not even to humor him.

Then, he said fine. I'll take a 308% return, and offered it to y'all basically on a silver platter at $98 million, circa January 2014. But nooooo. That didn't work for you either, nor did $82 million 11 months later. And that hurt Steve, it really did.

So he took it off the market. Did some soul searching. Fired his brokers. Came back a refreshed man last summer and said, okay, $79 million, I'm giving it away at this price but that's just the kind of guy I am. But $79 million wasn't good enough for you people, was it? Didn't work for you. Not before he offered to do the tours himself, demoing how the Viking range works while whipping up his signature scrambled eggs, and not after.

Apparently $79 million, the monetary equivalent of Cohen literally begging you to please, for the love of god, buy this apartment, was still too high. You wanted to see just how low you could get Steven to go, until he was a shell of his former self saying, fine, just give me $59 million and we'll call it even, I can't do this anymore. And then what? Would you have bargained him down further than that?

Don't answer that because you ain't gonna get the chance: the apartment has been off the market since December and who knows if it'll ever come back. That's right, YOU BLEW IT.

Nobody wants to buy hedge fund titan Steven A. Cohen’s ridiculous Manhattan penthouse at One Beacon court...A real estate source tells us, “There’s so many other better apartments available at that price. Plus, Stevie Cohen’s apartment isn’t exactly a draw in the banking world. Some people think its cursed.”

Billionaire can’t sell his penthouse because people think it’s cursed [NYP]

Earlier: Steve Cohen’s Apartment Basically Affordable Housing At This Point

Related

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.