Hedge fund billionaire Steve Cohen’s 10, 000-square-foot East Hampton mansion apparently just wasn’t to his taste.
The financier, whose SAC Capital Advisors was busted for insider trading in 2013, recently tore down the house, at 52 Further Lane, which he bought for $62.5 million that same year, the New York Post reported.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
The new home will have a 9, 700-square-foot first floor, with a basement around the same size. It’ll have just over half that space, 4, 620 square feet, on the second floor, according to new building plans seen by the Post.
Cohen, as it happens, also owns another beachfront mansion on Further Lane, that he bought for $18 million.
Read the full story at The Real Deal, by Ariel Stulberg
READ MORE: Steve Cohen’s Real Estate
Disgraced billionaire hedge fund manager Steve Cohen is putting his East Side penthouse apartment located at 151 East 58th Street in Manhattan up for sale again, this time for only $79 million, the New More…
The Corcoran group is currently listing for sale a gorgeous 9, 000 square feet duplex apartment in New York City, with views of Central Park at 151 East 58th Street. The apartment More…
Billionaire hedge fund manager Steve Cohen may have taken his Manhattan penthouse located at 731 Lexington Avenue, the New York Daily News has reported. Just six months ago he cut the price from $110 More…
Disgraced billionaire hedge fund manager Steve Cohen has been forced to cut the price on his Manhattan penthouse yet again. The new price is a mere $82 million, down from $110 million. The penthouse is located More…
Steve and Alexandra Cohen Make Largest Ever Single Donation to Stamford Hospital
Steve and Alexandra Cohen made an historically large donation to Stamford hospital in Connecticut to the tune of $20 million. The Greenwich, CT-based hedge fund manager has made numerous donations More…
