Top row, from left: Alfred Kahn, the living room at unit 62CE at 25 Columbus Circle and Bernie Madoff. Bottom row, from left: the kitchen at unit 62CE, the exterior of the building and another interior shot of the unitToy mogul Alfred Kahn has found a purchaser for the Time Warner Center apartment he occupied before buying Bernard Madoff’s Upper East Side penthouse last year.
Kahn — the “marketing genius” behind Pokemon and Cabbage Patch Kids — and his wife Patsy have had some trouble selling the pad, which they listed for $33.6 million last year after agreeing to pay $8 million for Madoff’s 133 East 64th Street co-op, where the disgraced Ponzi schemer spent his last days as a free man.
The Kahns’ five-bedroom pad, unit 62CE, in the luxe Time Warner Center at 25 Columbus Circle has since seen several price cuts and was last listed at $24.95 million. Meanwhile, while a fire at the new apartment delayed the Kahns’ move-in, sparking rumors that the Madoff apartment is cursed.
But the Kahns’ luck may be changing. Last week, the Time Warner Center listing went into contract, according to Streeteasy.com and the Brown Harris Stevens website of the listing brokers, Elizabeth Sample and Brenda Powers.
Last month, the Post reported that the Kahns had received an offer of “more than $20 million” for the Time Warner Center manse.
Kahn recently retired from his post as CEO and chairman of 4Kids, a children’s entertainment and merchandising company.
It wasn’t immediately clear what the contract price was as Sample and Powers could not be reached for comment.
Have a tip? Contact Candace Taylor at ct@therealdeal.com.
