Steve Cohen chops One Beacon Court penthouse ask to $98M

Billionaire hedge fund manager Steve Cohen, whose SAC Capital has come under scrutiny lately, is having a hard time unloading some expensive art and real estate. He failed to sell some high-priced art at a November auction after his firm swallowed a record $1.2 billion fine.

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And he recently knocked the price on his gorgeous Upper East Side duplex penthouse from $115 million to $98 million, according to the New York Daily News. He bought the place for $24 million back in 2005, and hired late architect Charles Gwathmey to transform the space. It really is breathtaking. If you’re wondering, the odd sculpture in the corner is a depiction of Pablo Picasso by Maurizio Cattelan. Corcoran has the details of the 9,000 square foot, 6 bedroom, 6.5 bathroom apartment at One Beacon Court.

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Steve Cohen chops One Beacon Court penthouse ask to $98M

Billionaire hedge fund manager Steve Cohen, whose SAC Capital has come under scrutiny lately, is having a hard time unloading some expensive art and real estate. He failed to sell some high-priced art at a November auction after his firm swallowed a record $1.2 billion fine.

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.

And he recently knocked the price on his gorgeous Upper East Side duplex penthouse from $115 million to $98 million, according to the New York Daily News. He bought the place for $24 million back in 2005, and hired late architect Charles Gwathmey to transform the space. It really is breathtaking. If you’re wondering, the odd sculpture in the corner is a depiction of Pablo Picasso by Maurizio Cattelan. Corcoran has the details of the 9,000 square foot, 6 bedroom, 6.5 bathroom apartment at One Beacon Court.

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