Two Time Warner Center condos on the market for a combined $57.5M

January 07, 2010 09:30AM

A pair of high-floor Time Warner Center condos, each touched by high-profile scandals, is on the market for a combined $57.5 million. The first, a $34.95 million four-bedroom, 4,500-square-foot unit, belongs to alleged Psychic Readers Network scammer Steven Feder. Feder, whose hotline was brought down in 2002 after a fury of lawsuits led him to forgive $500 million in customer bills, purchased the apartment for $24.4 million in 2008, trading up from a $15.8 million condo 10 floors below. The second is an $18.45 million, 3,500-square-foot duplex owned by Doug Von Allmen, a venture capitalist who is reported to have been duped by Scott Rothstein, of Fort Lauderdale Ponzi scheme fame. While separately, the apartments’ cost only adds up to $53.4 million, brokers Elizabeth Sample and Brenda Powers of Brown Harris Stevens are hoping that buyers will be willing to pay the additional $4.1 million premium on the combined space. [Post, 1st item]


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