Steven Cohen, the billionaire hedge fund manager, is reportedly blaming his realtor for not being able to find a buyer for his large New York City duplex penthouse in the Bloomberg Tower.
It was first put up in the market for $115 million in April, last year. However, the price had to be reduced to $98 million. With that lofty price tag, the residence became one of the top five most expensive homes listed for sale in the country.
Cohen was first privately marketing the residence. After having failed in finding a buyer, he publicly listed it last year. However, even with the discounted price, he is having trouble selling it and is apparently pissed at his realtor.
"Cohen hasn't had a buyer, and he blames his broker. Furious is not the word. He's had enough," a source told The New York Post.
Another added, "The lack of a buyer might be because some feel the place might have some bad karma."
Bad karma or not, the residence does offer amazing views of the city's skyline.
The penthouse in the One Beacon Court Building is the only duplex apartment on the residential tower. Cohen and his second wife, Alexandra, purchased the place in 2005 for around $24 million and commissioned architect Charles Gwathmey, who renovated the place to its current glory.
The house is a 9,000 square foot urban living space with four bedrooms, five full bathrooms and one half bathroom. The place also has a one-bed-one-bath staff quarter.
Interiors of the home feature 24 foot high ceilings and floor-to-ceiling glass windows. Featuring hardwood flooring and swanky interiors, the place is a luxury residence.
Building amenities include 24X7 concierge services, doorman facilities, private elevators and is also pet-friendly.
The listing of the home also proclaims its specialties stating that "this apartment is a rare combination of grand space, extraordinary light, dramatic views and perfection of design and execution. This memorable home has no equal - a unique NYC treasure."
Check out the floor plan and the photos of the apartment, here. The listing lies with Corcoran Group Real Estate.
Cohen is reportedly worth $11.1 billion. But, being a hedge funder he has his own financial troubles.
Cohen reportedly took a personal loan from Goldman Sachs and the credit is backed by his art collection worth millions of dollars, reports Business Insider.
Cohen's SAC Capital pleaded guilty to insider trading charges last year and has been banned from managing outside capital. It has been renamed to Point72 Asset Management and now operates as a family hedge fund office managing Cohen's personal wealth.
