Finance

Steve Cohen's giant penthouse is now on sale for $57.5 million, half of its original price

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steve cohen apartment
Steve Cohen's penthouse in the Bloomberg complex boasts panoramic city views.  Corcoran/

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.

cohen penthouse
Douglas Elliman Real Estate

The kitchen has stainless-steel appliances and contemporary fittings.

cohen penthouse
Douglas Elliman Real Estate

At night, the Empire State Building's lights are visible from the breakfast table.

Steve Cohen Penthouse
Corcoran

Central Park views are everywhere in the apartment thanks to its upper-floor location.

Steve Cohen Penthouse
Corcoran

Here's another stellar view from a different nook.

cohen penthouse
Douglas Elliman Real Estate

The open-plan dining room is also treated to city scenes.

cohen penthouse
Douglas Elliman Real Estate

This bedroom — one of five — is minimalist and open.

cohen penthouse
Douglas Elliman Real Estate

Even the bathrooms take advantage of the views.

cohen penthouse
Douglas Elliman Real Estate

This is at the seventh time the apartment has been on the market since 2013. Cohen is also in the process of building a four-story mansion and six-story apartment building in Greenwich Village.

Steve Cohen Penthouse
Corcoran

Source: The Real Deal

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Madeline was a correspondent covering e-commerce companies including Shopify, Amazon, Temu, and Shein. She also wrote about e-commerce startups and online seller communities. She previously edited stories for the retail section. Before that, she wrote for the executive lifestyle and tech verticals, where she reported on luxury real estate, restaurants, and travel. She graduated from the University of Notre Dame with majors in American Studies and Spanish. She is based in the Northeast.Have a tip? Contact Madeline via Signal at mlstone.04. Use a personal email address and a nonwork device; here's our guide to sharing information securely.Read some of her work here:— Wealth Assistants claimed it would help its clients make money on Amazon. Clients said they 'lost everything' instead.— The DTC fraternity: In an industry known for lively events and strong online communities, women say they feel left out— Blackface, booze, and blurred lines at the $2 billion tech firm Rokt— Meet 38 members of the 'Shopify Mafia' who embraced the e-commerce giant's entrepreneurial spirit and launched their own companies— Read the essay Shopify's CEO sent to managers to remind them they are a sports team, not a family. It shows the growing tension between leaders and employees in the corporate world.— Ex-Shopify and Deliverr workers say layoffs, compensation issues at Flexport capped a 15-month rollercoaster: 'Honestly a bit relieved that it's over'