The Real Deal New York

David Ganek wants $19.5M for 150 Charles pad

Hedge funder is suing feds over alleged misconduct in raid of his company

May 13, 2016 12:52PM
By Katherine Clarke

David Ganek and his 150 Charles Street apartment

David Ganek and his 150 Charles Street apartment

Finance guru David Ganek wants to sell his West Village pad amid a legal battle with the feds over what he claims was an improper raid of his now-defunct hedge fund Level Global Investors.

Ganek and his wife Danielle have listed the five-bedroom property at 150 Charles Street for $19.5 million, a nearly $3 million premium over the $16.84 million they paid for it earlier this year.

The West Village property, developed by the Witkoff Group, has a setback, 1,200-square-foot terrace overlooking the Hudson River, a walnut and Alabama white marble kitchen, and hardwood floors.

Tal and Oren Alexander of Douglas Elliman have the listing for the 3,629-square-foot pad, along with David Dubin and Ian Slater.

It’s not clear why Ganek is looking to sell. He is suing the federal government over alleged misconduct during a 2010 insider trading investigation into his company. He scored a major victory in March when a judge refused to dismiss his case, which names U.S. Attorney Preet Bharara and a number of FBI agents as defendants.

Meanwhile, he and his wife are still trying to unload their duplex at 740 Park Avenue for $32.5 million, down from $44 million in 2014. Serena Boardman of Sotheby’s International Realty has that listing.

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