Embattled hedge fund titan Steven A. Cohen is freaking out that his Manhattan apartment, on the market at a bank-busting $98 million, just isn’t selling.
Sources tell Page Six that Cohen is furious that his luxe four-bedroom duplex at 151 E. 58th St. hasn’t had a buyer after more than a year on the market, and he’s blaming his brokers.
After putting it up for sale in April 2013 for $115 million, billionaire Cohen last December generously slashed $17 million off the pricey penthouse atop the Bloomberg Tower.
The 9,000-square-foot minimalist apartment at the Cesar Pelli-designed Beacon Court has 24-foot-high walls of windows and offers sweeping views of Central Park and downtown Manhattan.
One source tells us, “Cohen hasn’t had a buyer, and he blames his broker. Furious is not the word. He’s had enough.” But another source sniffed, “The lack of a buyer might be because some feel the place might have some bad karma.”
Last November, his firm SAC Capital pleaded guilty to criminal insider trading charges and agreed to pay a $1.8 billion fine. SAC changed its name to Point72 Asset Management, which operates as a family office hedge fund.
Cohen, who reportedly took home $2.3 billion in compensation last year and is worth $11.1 billion according to Forbes, appears to be after liquid cash. He secured a personal loan from Goldman Sachs earlier this year, backed by his impressive art collection, which includes works by Monet, van Gogh, Picasso and Warhol.
Still, he continues to live large. Page Six revealed he bought Picasso’s “Le Rêve” from casino mogul Steve Wynn last year for $155 million, after it was repaired following an accident in which Mr. Wynn put his elbow through the canvas.
Cohen last year bought an apartment at the Abingdon in the West Village for $23.4 million, and also dropped $60 million on an East Hampton mansion last year.
A spokesman for Cohen declined to comment. Cohen’s Corcoran broker Deborah Grubman did not get back to us.