The Real Deal New York

David Ganek wants $19.5M for 150 Charles pad

Hedge funder is suing feds over alleged misconduct in raid of his company
By Katherine Clarke | May 13, 2016 12:52PM

David Ganek and his 150 Charles Street apartment

David Ganek and his 150 Charles Street apartment

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.