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New York

Hedge fund exec pays $9.4M at 15 CPW

 
Joel Frank, the chief financial officer for asset manager Och-Ziff Capital Management Group, based in Midtown, paid $9.4 million for a 3,333-square-foot condominium at 15 Central Park West.

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The four-bedroom sponsor unit went into contract in January 2007 and was sold on September 26, according to city records published today.

The main fund for Och-Ziff, an international firm, posted a loss of 5.35 percent in September.