Steve Cohen's giant penthouse is now on sale for $57.5 million, half of its original price
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Once again, billionaire hedge funder Steven A. Cohen is seeking a buyer for his Manhattan duplex penthouse.
The mansion in the sky is now up for grabs for $57.5 million — down $10 million from its last listing price at the end of 2016. He first put it on the market in 2013, when it was offered for $115 million. He later listed it for $98 million, then again for $82 million, then for $79 million, and then for $72 million.
Cohen, who runs Point72 Asset Management — formerly SAC Capital — picked up the apartment for $24 million in 2005. He hired the late architect Charles Gwathmey to redesign the 9,000-square-foot space, which has five bedrooms and six baths. Cohen is an avid art collector, and the home has a dedicated gallery to put his pieces on display.
Located at One Beacon Court — part of the Bloomberg Tower complex — it's in a prime location on the southeast corner of Central Park.
The penthouse has been listed with several different agents over the years, but is now being handled by Tal and Oren Alexander of Douglas Elliman Real Estate.
Raisa Bruner contributed reporting to an earlier version of this article.
The modern, two-story penthouse is filled with light. It's part of the Bloomberg Tower complex, which means that restaurants like Le Cirque are just steps from the base of the building.
The kitchen has stainless-steel appliances and contemporary fittings.
At night, the Empire State Building's lights are visible from the breakfast table.
See the rest of the story at Business Insider
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