By Stephen Jacob Smith 4/09 8:35pm

Manhattan Transfers

"Sorry, but the figurine stays," we imagine Mr. Cohen told the photographer at Corcoran.

The Rumors Are True: Steve Cohen Lists $115 M. One Beacon Court Penthouse

Over the past year, hedge fund honcho Steve Cohen has shelled out $150 million for a Picasso, $60 million for an East Hampton estate and $616 million to get the Securities and Exchange Commission off his back. Now, it looks like he wants to get a little bit back—$115 million, to be exact.

Via our friends at Real Estalker comes word that Mr. Cohen’s 9,000-square foot spread at One Beacon Court, the residential portion of the Bloomberg Tower at 151 East 58th Street, has officially hit the market. Mr. Cohen and his brokers—Deborah Grubman and David Dubin at Corcoran—are hoping to knock reigning real champion 15 Central Park West out of the park and set a New York City record.

But with no outdoor space, three blocks between the building and the park and nowhere near the name recognition of 15 Central Park West, can Mr. Cohen’s 51st-story duplex do it? (Even if it can’t, he only paid $24 million for the apartment back in 2005, so he’ll come out ahead either way.) Read More

By Kim Velsey 1/09 6:55pm

Manhattan Transfers

The apartment set a new square foot record.

Rock Creek Capital Founder James Dahl Sells One Beacon Spread for $13.5 M.

Businessman James H. Dahl and wife Kathleen have decided to bow out of their three-bedroom, 3.5-bath condo at One Beacon Court, the tower beloved by businessmen everywhere. While another building may have taken the Dahls’ departure personally, we’re sure that One Beacon Court wasn’t offended at all. How could the totally professional tower begrudge the couple for making $8 million on the sale of their condo? Especially when the sale set the price per square foot record for the building?

Mr. Dahl, who is founder of the Florida-based Rock Creek Capital, an environmentally-focused investment fund, paid just $5.49 million for the condo back in 2005, according to city records. In the intervening years, like a wetland on the edge of burgeoning suburb, its value went up considerably. Read More

By Elise Knutsen 1/13/12 10:54am

Manhattan Transfers

Scott Rothstein

U.S. Government Sells Ponzi Schemer Scott Rothstein’s $5 M. Bloomberg Pad

Lawyer Scott Rothstein was living high back in 2006. The Bronx-born boy turned Florida legal eagle led the life of the .1 percenter, which, in his words consisted of “the ability to do whatever you want, whenever you want, wherever you want, by whatever means you can think of.”

Back in 2009, Mr. Rothstein, however, his house of cards came crashing down when the feds caught wind of his side project, a “structured settlement” plot that evolved into a $1.2 billion Ponzi scheme. Now serving a fifty-year sentence in a Floridian federal penitentiary, another house in Mr. Rothstein’s once stacked deck has disappeared: a home once belonging to Mr. Rothstein, then seized by the U.S government, has sold for $5.09 million, city records show. Read More

By Pamela Engel 7/15/11 11:18am

House Porn

11 Photos

The shiny exterior.

Live in the Bloomberg Building! Only $58K a Month

Are Central Park views from every room worth $58,000 a month? Maybe. This midtown apartment at One Beacon Court (a.k.a. the Bloomberg Building) comes furnished and the building itself has a garage, restaurant, health club, pool, exercise room and a children’s playroom (so the only reason you’d have to leave is to go shopping). The unit has all the staples of a modern luxury apartment with views of the park—high ceilings, huge windows, marble floors and fancy furniture. And, of course, motorized window shades and built-in speaker system.

The apartment has four bedrooms and is 3,009 square feet. And you can bring your pets along! Just make sure they control themselves around the expensive furniture that you don’t actually own. Read More

By Matt Chaban 6/20/11 1:01pm

Manhattan Transfers

A beacon of normalcy. (City Realty)

Blue Light Special at One Beacon Court

“There was nothing very special about it,” Warburg broker Richard Steinberg said of his latest sale at One Beacon Court.

Even if this is a very special building. “I guess between 15 CPW and One Beacon, these are the hottest condos in the city,” Mr. Steinberg allowed when The Observer pressed him on the sale. Read More