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	<title>Observer &#187; Doug Von Allmen, Big Scott Rothstein Investor, Wants $18.45 M. for Condo</title>
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		<title>Observer &#187; Doug Von Allmen, Big Scott Rothstein Investor, Wants $18.45 M. for Condo</title>
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		<title>Doug Von Allmen, Big Scott Rothstein Investor, Wants $18.45 M. for Condo</title>

		<comments>http://observer.com/2009/11/doug-von-allmen-big-scott-rothstein-investor-wants-1845-m-for-condo/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 17:24:47 -0400</pubDate>
					<link>http://observer.com/2009/11/doug-von-allmen-big-scott-rothstein-investor-wants-1845-m-for-condo/</link>
			<dc:creator>Max Abelson</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/timewarnertall.png?w=272&h=300" />Earlier this month, a very wealthy and very Republican slice of Florida society was thrown into a very sweaty panic when the multimillionaire attorney Scott Rothstein was accused of running a Ponzi scheme that could total more than a billion dollars. Even though Mr. Rothstein, a spiky-haired and alligator-shoed Lamborghini driver, <a href="http://online.wsj.com/article/SB125815195177647583.html">has said</a> he was born in the Bronx (to a condom salesman), the scandal probably won't hit Manhattan as hard as <a href="http://therealdeal.com/newyork/articles/mapping-madoff-victims-by-building">Madoff's</a>.</p>
<p>But one investor tied to Mr. Rothstein has already put his eight-room New York condo on the market. A <strong>Time Warner Center</strong> duplex that belongs to <strong>Doug Von Allmen </strong>was just listed for <strong><a href="http://www.brownharrisstevens.com/detail.aspx?id=1067535">$18.45 million</a></strong>.</p>
<p>Mr. Von Allmen is a venture capitalist who founded a massive beauty supply distributor (which makes him something of a cosmetics magnate, just like his neighbor <a href="/2009/real-estate/quiet-listings">Sandie Tillotson</a>, who has asked $80 million for her Time Warner penthouse.) He is the type who got <a href="http://www.showboats.com/Linda-Lou-1?ssid=0">two new yachts</a>--the 197-foot <em>Linda Lou </em>and 157-foot <em>Lady Linda</em>--in a single autumn. When the Rothstein scandal broke, he <a href="http://blogs.browardpalmbeach.com/pulp/2009/11/rothstein_investor_doug_von_allmen.php">went public</a> as an investor. "The amount of money was substantial. It was an amount I wish I'd given to charity instead of that investment. It won't change my lifestyle that much, but it was a nice sum," Mr. Von Allmen said. "I will still eat out at a restaurant every night, this is just something I need to get through."</p>
<p>According to the duplex's listing, his Time Warner apartment has a 45.5-foot living room, a formal dining room with "vistas to the Atlantic Ocean," a marble chef's kitchen with a wine refrigerator, a private elevator, five marble bathrooms (plus a guest powder room), and a master suite with his-and-hers walk-in closets (plus his-and-hers bathrooms).</p>
<p>"Hopefully, everybody affected by this will still have a good life," he said in <a href="http://www.sun-sentinel.com/news/broward/fort-lauderdale/sfl-rothstein-td-bank-scandal-110409,0,5652055.story">another interview</a>. "They may not have as many toys."</p>
<p>Mr. Von Allmen's brokers are <strong>Elizabeth Lee Sample </strong>and <strong>Brenda Powers</strong>, the powerful agents who listed Tyco CFO Mark Swartz's Ritz-Carlton duplex for $28 million. "Everything is questionable when you deal with that much money," Ms. Powers said in a <a href="/2008/70-m-duo-brenda-powers-and-elizabeth-lee-sample">joint interview</a> last year. "From a moral point of view, yes, it is questionable; but from the business point of view, it isn't questionable, it's business."</p>
<p><em>mabelson@observer.com</em></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/timewarnertall.png?w=272&h=300" />Earlier this month, a very wealthy and very Republican slice of Florida society was thrown into a very sweaty panic when the multimillionaire attorney Scott Rothstein was accused of running a Ponzi scheme that could total more than a billion dollars. Even though Mr. Rothstein, a spiky-haired and alligator-shoed Lamborghini driver, <a href="http://online.wsj.com/article/SB125815195177647583.html">has said</a> he was born in the Bronx (to a condom salesman), the scandal probably won't hit Manhattan as hard as <a href="http://therealdeal.com/newyork/articles/mapping-madoff-victims-by-building">Madoff's</a>.</p>
<p>But one investor tied to Mr. Rothstein has already put his eight-room New York condo on the market. A <strong>Time Warner Center</strong> duplex that belongs to <strong>Doug Von Allmen </strong>was just listed for <strong><a href="http://www.brownharrisstevens.com/detail.aspx?id=1067535">$18.45 million</a></strong>.</p>
<p>Mr. Von Allmen is a venture capitalist who founded a massive beauty supply distributor (which makes him something of a cosmetics magnate, just like his neighbor <a href="/2009/real-estate/quiet-listings">Sandie Tillotson</a>, who has asked $80 million for her Time Warner penthouse.) He is the type who got <a href="http://www.showboats.com/Linda-Lou-1?ssid=0">two new yachts</a>--the 197-foot <em>Linda Lou </em>and 157-foot <em>Lady Linda</em>--in a single autumn. When the Rothstein scandal broke, he <a href="http://blogs.browardpalmbeach.com/pulp/2009/11/rothstein_investor_doug_von_allmen.php">went public</a> as an investor. "The amount of money was substantial. It was an amount I wish I'd given to charity instead of that investment. It won't change my lifestyle that much, but it was a nice sum," Mr. Von Allmen said. "I will still eat out at a restaurant every night, this is just something I need to get through."</p>
<p>According to the duplex's listing, his Time Warner apartment has a 45.5-foot living room, a formal dining room with "vistas to the Atlantic Ocean," a marble chef's kitchen with a wine refrigerator, a private elevator, five marble bathrooms (plus a guest powder room), and a master suite with his-and-hers walk-in closets (plus his-and-hers bathrooms).</p>
<p>"Hopefully, everybody affected by this will still have a good life," he said in <a href="http://www.sun-sentinel.com/news/broward/fort-lauderdale/sfl-rothstein-td-bank-scandal-110409,0,5652055.story">another interview</a>. "They may not have as many toys."</p>
<p>Mr. Von Allmen's brokers are <strong>Elizabeth Lee Sample </strong>and <strong>Brenda Powers</strong>, the powerful agents who listed Tyco CFO Mark Swartz's Ritz-Carlton duplex for $28 million. "Everything is questionable when you deal with that much money," Ms. Powers said in a <a href="/2008/70-m-duo-brenda-powers-and-elizabeth-lee-sample">joint interview</a> last year. "From a moral point of view, yes, it is questionable; but from the business point of view, it isn't questionable, it's business."</p>
<p><em>mabelson@observer.com</em></p>
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