Hedge fund billionaire Steven A. Cohen is back trying to offload the “jinxed” Manhattan apartment that just won’t sell.
The SAC Capital founder initially put his One Beacon Court duplex on East 58th Street on the market for a whopping $115 million in April 2013.
But the pricey penthouse atop the Bloomberg Tower didn’t attract any buyers, so he slashed $17 million off the pad in December 2013, offering the luxe four-bedroom for a bank-busting $98 million.
But still there were no takers for the 9,000-square-foot minimalist apartment, which boasts 24-foot-high walls of windows and offers sweeping views of Central Park and Downtown. So, after slashing it to $82 million, Cohen took it off the market and blamed his brokers.
One source told us at the time, “Cohen hasn’t had a buyer, and he blames his broker. Furious is not the word.” But another source sniffed, “The lack of a buyer might be because some feel the place might have some bad karma or be jinxed because of his SAC troubles.”
In November 2013, his firm SAC Capital pleaded guilty to securities fraud and paid a record $1.8 billion fine to settle insider-trading charges. Cohen, who was not charged with any crime and denied any wrongdoing, now runs Point72 Asset Management, which operates as a family office hedge fund.
Cohen has just put his princely penthouse back on the market — reduced to $79 million. But a real-estate insider tells us, “It was way overpriced . . . There’s still a feeling from some big-money guys that the place is still jinxed.”
Despite any real-estate woes, Cohen continues to live large. Page Six exclusively revealed last month that he purchased the world’s most expensive sculpture, Giacometti’s “Pointing Man,” for $141.3 million. He owns a sprawling Connecticut estate, bought an East Hampton mansion for $62.5 million in 2013, and also the same year splashed out on an apartment at the Abingdon in the West Village for $23.4 million. In January, Cohen bought a nine-bedroom Beverly Hills mansion that was listed for $35 million.