Daniel Loeb, the hedge-fund manager known for his gloriously acidic put-downs ("We are a bunch of scrappy guys… who enjoy outwitting pompous asses, like yourself, in financial markets globally," he wrote a would-be employee in 2005), might be lightening up. According to real estate records filed on Friday, he’s finally closed on his famous $45 million penthouse at 15 Central Park West–which he bought using a cute little limited liability corporation called Panoroma on the Park.
For a man who once told a chief executive, "Do what you do best: retreat to your waterfront mansion in the Hamptons where you can play tennis and hobnob with your fellow socialites," you’d think Mr. Loeb’s LLC word choice might have been more pithy. Here’s another complaint about the name: Mr. Loeb reportedly has to look past Sandy Weill’s $42.4 million apartment in order to see Central Park, which means his park views aren’t perfectly panoramic.
On the plus side, no mortgage records were filed with the deed, which suggests that Mr. Loeb paid cash to satisfy the most expensive sales price ever on Central Park West. He’ll reportedly have 10,674 square feet to himself, plus a 709-square-foot terrace.