Steven Cohen’s $115M penthouse hits the market

Corcoran’s Deborah Grubman and David Dubin have the listing

New York /
Apr.April 10, 2013 01:15 PM

Hedge fund founder Steven Cohen has formally listed his One Beacon Court duplex penthouse for $115 million, with Deborah Grubman and David Dubin of the Corcoran Group. 

The four-bedroom, five-bathroom penthouse is 9,000 square feet, setting the asking price at $12,777 per square foot, the listing says. The home is now the second most expensive on the market in New York City.

The apartment includes 24-foot ceilings, Venetian plaster walls and maple floors. Among its other amenities are a chef’s kitchen, media room and a master suite with an office, sitting room and two baths.

“Whether it’s worth that amount remains to be seen,” Paula Del Nunzio of Brown Harris Stevens told the New York Observer, which first spotted the listing. “Everyone says it can’t be done — until it is.”

Cohen, who runs SAC Capital Advisors, recently paid $60 million for an East Hampton mansion on Further Lane, while his firm shelled out $616 million to the U.S. Securities and Exchange Commission to settle allegations of insider trading.

Cohen Reportedly Bought The One Beacon Court penthouse for $24 million in 2005. [NYO] –Hayley Kaplan


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
The home of late Broadway theater producer James M. Nederlander was first listed in 2019. (Getty, Platinum Luxury Auctions)
Full-floor condo that belonged to Broadway titan heads to auction
Full-floor condo that belonged to Broadway titan heads to auction
Robert Frank with 1021 Park Avenue and Ben Lambert with 28 Laight Street (Getty, Google Maps)
Who’s buying and selling Manhattan homes? Last month’s notable deals
Who’s buying and selling Manhattan homes? Last month’s notable deals
109 East 79th Street and 1010 Park Avenue (Google Maps)
Upper East Side trophy property tops luxury deals — again
Upper East Side trophy property tops luxury deals — again
Condo sales over $5 million surged in Manhattan in the final quarter of 2020 (iStock)
Manhattan’s condos get year-end sales boost as inventory balloons
Manhattan’s condos get year-end sales boost as inventory balloons
20 East End Avenue and 292 West 4th Street (Google Maps)
Manhattan’s luxury market has best post-Christmas week since 2006
Manhattan’s luxury market has best post-Christmas week since 2006
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...