Manhattan Transfers

Jack Dreyfus

UES Apartment of Mutual Fund King Sells to Cocksure Todd Cohen and His Cosmo Girl

Jack Dreyfus was a man of manifold talents. Credited with single handedly inventing the concept of mutual funds, he ran the Dreyfus Fund and later started one of the first socially responsible investment groups. He was a champion bridge player, and even better at gin rummy. He also owned winning race horses and real estate, managing his greatly diversified portfolio until his death in 2009 at the ripe age of 95. It seems his estate is still working to manage all his holdings: his apartment at 14 East 75th Street has just sold. Read More

All in the Family

Lender Accuses Prominent Father and Son Team of ‘Fraudulent Conduct’

Yet another battlefront has opened in the war between investors looking to wring profit from recession-hobbled real estate projects: the Gem Hotel in Chelsea, a project so dysfunctional that one lender has, in a lawsuit, accused the prominent father and son team behind the hotel, Todd and Martin Cohen, of “[p]remeditated, outrageous and fraudulent conduct.” Read More