Marc Lasry Is Downsizing

But Barry Rosenstein is going big out east.
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The kids are growing up. The wood-paneled comic book library is empty. The luxurious Beaux-Arts surroundings remind him of that time he didn’t get to be U.S. Ambassador to France. He can play poker in less-lavish surroundings. His basketball team has a super-exciting young player. Oh yea, and he can quadruple his money. Marc Lasry is moving on down from the Upper East Side: Who wants to be the fourth most famous person to ever live there?

The six-story Beaux-Arts townhouse on 74th Street, right off Fifth Avenue and Central Park, has approximately 12,745 square feet of living space spread over 16 rooms.

During the 1940s, the house was home to modernist Russian-French artist Marc Chagall…. And from mid-1999 to early 2000, the townhouse was rented by the “King of Pop” Michael Jackson for close to $75,000 a month, according to the listing and published reports.

Meanwhile, 100 miles to the east, Barry Rosenstein has finished pushing sand around the most expensive house in U.S. history and is ready to move in.

Barry Rosenstein, the hedge-fund manager who paid a record price for a home in East Hampton in 2014, is putting his previous Hamptons home on the market for $70 million…. Mr. Rosenstein bought the site for $19.2 million in 2005, records show.

In related news, Steve Cohen’s apartment is still available, and right in the sweet spot between the other two.

Manhattan Townhouse of Hedge Fund Chief Lists for $39 Million [Mansion Global]
Hedge Fund Exec Barry Rosenstein Lists Hamptons Estate for $70 Million [WSJ]

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Marc Lasry Is Moving To Paris

[caption id="attachment_100005" align="alignright" width="260"] Slumming it.[/caption] If you haven't heard, Avenue Capital's Marc Lasry will be representing you to our oldest and least-reliable ally. The White House didn't intend for you to hear that for a few weeks yet, and Avenue certainly didn't intend for its clients to hear it. But no convention of courtesy or deference can hold Bill Clinton down.