From left: Marc Dreier’s home at 1 Beacon Place was auctioned at N.Y. Bankruptcy Court today

Until last week, Marc Dreier, the high-profile lawyer accused of
swindling hedge funds and individuals out of $400 million, was living
in a glassy Midtown apartment with views of the Queensboro Bridge. Now, Dreier’s headed to prison, after receiving a sentence of 20 years
on July 13, and somebody else is moving into his old digs. This afternoon, at the court-ordered auction of the property, a buyer
identified only as “bidder No. 288” walked away with the four-bedroom
condo for $8.2 million. [more]