David Ganek wants $19.5M for 150 Charles pad

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

New York /
May.May 13, 2016 12:52 PM

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.


Related Articles

arrow_forward_ios
Buyer of $10M condo at 150 Charles is Monaco-born billionaire
Buyer of $10M condo at 150 Charles is Monaco-born billionaire
Buyer of $10M condo at 150 Charles is Monaco-born billionaire
Witkoff's Steve Witkoff and The Brook in Brooklyn (Witkoff, Illustration by The Real Deal with Getty)
Witkoff, Apollo get construction financing for DoBro rental tower
Witkoff, Apollo get construction financing for DoBro rental tower
Witkoff CEO Steven Witkoff and 589 Fulton Street in Brooklyn (Witkoff, NQS Creative, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Apollo, Witkoff beat 421a deadline with DoBro tower
Apollo, Witkoff beat 421a deadline with DoBro tower
A photo illustration of prominent guests  at the Witkoff wedding (via Instagram)
Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding
Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding
Steve Witkoff and a rendering of 565-589 Fulton Street (Witkoff, Beyer Blinder Belle)
Apollo, Witkoff eye $420M construction loan for downtown Brooklyn site
Apollo, Witkoff eye $420M construction loan for downtown Brooklyn site
Sheldon Silver (Getty)
Sheldon Silver, convicted development kingmaker, dies
Sheldon Silver, convicted development kingmaker, dies
Here are the top five largest project plans in NYC in 2021
These were the five largest development plans filed in NYC in 2021
These were the five largest development plans filed in NYC in 2021
The Real Deal’s Erin Hudson with Property Markets Group’s Kevin Maloney, Crescent Heights’ Russell Galbut, Kushner Companies’ Nikki Kushner Meyer and Witkoff Group’s Steve Witkoff
WATCH: National developers talk location scouting at TRD event
WATCH: National developers talk location scouting at TRD event
arrow_forward_ios

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

Loading...