SAC’s Steve Cohen has $300M in luxury real estate: VIDEO

Hedge fund SAC Capital Advisors may have been slapped with a $1.2 billion fine for insider trading – the biggest in history – but the amount should be no sweat for its founder Steven Cohen, whose net worth is estimated at between $8 billion and $9 billion and whose holdings include nearly $300 million in luxury real estate in Manhattan, the Hamptons and Connecticut.

Cohen’s Manhattan residential assets include a penthouse at One Beacon Court that Cohen put on the market in April for $115 million, and two West Village homes valued at $23.4 million and $38.8 million respectively.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Cohen also owns two East Hampton estates worth an estimated $62.5 million and $18 million respectively, CNBC reported, as well as a $23.1 million, 35,000-square-foot mansion in Greenwich, Conn.

SAC is currently looking to consolidate its Manhattan office space, according to CNBC, and will sublet one floor of its space at 330 Madison Avenue[CNBC]  – Hiten Samtani

Tags

SAC’s Steve Cohen has $300M in luxury real estate: VIDEO

Hedge fund SAC Capital Advisors may have been slapped with a $1.2 billion fine for insider trading – the biggest in history – but the amount should be no sweat for its founder Steven Cohen, whose net worth is estimated at between $8 billion and $9 billion and whose holdings include nearly $300 million in luxury real estate in Manhattan, the Hamptons and Connecticut.

Cohen’s Manhattan residential assets include a penthouse at One Beacon Court that Cohen put on the market in April for $115 million, and two West Village homes valued at $23.4 million and $38.8 million respectively.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Cohen also owns two East Hampton estates worth an estimated $62.5 million and $18 million respectively, CNBC reported, as well as a $23.1 million, 35,000-square-foot mansion in Greenwich, Conn.

SAC is currently looking to consolidate its Manhattan office space, according to CNBC, and will sublet one floor of its space at 330 Madison Avenue[CNBC]  – Hiten Samtani

Tags