Even underground rooms can’t expand past the width of the ground-floor walls.He had to shut down the firm and pay $1.8 billion in penalties.Cohen had no comment, said his spokesman, Jonathan Gasthalter.Cohen bought the stately seven-acre oceanfront estate at 52 Further Lane in East Hampton as the feds were closing in on his company, SAC Capital Advisers, over allegations of insider trading. He has slashed the price from $115 million in 2013 to its current $72 million.Billionaire Steve Cohen plunked down $62.5 million for a Hamptons mansion during a bidding war in 2013, but he never lived in it — and now he’s torn it down to build a new one.The new house will feature a 9,700-square-foot first floor, while the second floor will be 4,620 square feet, and the basement will be 9,780 square feet, according to plans filed in East Hampton.
True to the designer's inspirations, this family home is decorated in classic Ralph Lauren furnishes. The Post also said, citing plans filed in East Hampton, that Cohen's new house will feature a 9,700-square-foot first floor, a 4,620-square-foot second floor and a pool house. Here’s what research says so far.But that home is blocked from an ocean view because of another mansion in front of it, which is owned by hedge funder James Chanos.Cohen had no comment, said his spokesman, Jonathan Gasthalter. Mr. Cohen reached a deal last week to pay $60 million for an oceanfront property on Further Lane in East Hampton, on Long Island, according to a person with direct knowledge of the sale. Further Lane Further Lane home in East Hampton down more than $10M since coming on the market Once a part of the Maidstone Club, this 6,500-square-foot estate was built in … Now, Cohen’s is flexing his wallet again, having just scooped up a $60 million Hamptons home, an oceanfront property on Further Lane in East Hampton. Even underground rooms can’t expand past the width of the ground-floor walls.Should you wear eye protection to fend off COVID-19? You could tear it down, as billionaire hedge fund manager Steve Cohen did, according to the New York Post. He has slashed the price from $115 million in 2013 to its current $72 million.Billionaire Steve Cohen plunked down $62.5 million for a Hamptons mansion during a bidding war in 2013, but he never lived in it — and now he’s torn it down to build a new one.The home featured high ceilings and antique oak and limestone floors, according to the listing.
We've received your submission.But he is still a financial powerhouse with a “family office” known as Point72 Asset Management — and apparently felt that the Hamptons manse wasn’t good enough for him, so he tore it down several weeks ago.But that home is blocked from an ocean view because of another mansion in front of it, which is owned by hedge-funder James Chanos.Cohen’s new home can’t be bigger than the old one, thanks to the East End’s new anti-megamansion rules. According to the New York Post, Cohen bought 52 Further Lane in East Hampton, a day after it was put on the market by Sotheby's. There’s also a pool house.The street made headlines in 2014, when the New York Post reported that activist investor Barry Rosenstein, from the hedge fund Jana Partners, paid $147 million for an estate there — the most anyone has ever paid for a property in the country.He had to shut down the firm and pay $616 million in fines.But he is still a financial powerhouse with a “family office” known as Point72 Asset Management — and apparently felt that the Hamptons manse wasn’t good enough for him, so he tore it down several weeks ago.Cohen’s new home can’t be bigger than the old one, thanks to the East End’s new anti-megamansion rules. He also at one point owned a home a few doors down. Stewart Rahr's 18,000 square foot home, dubbed \"Burnt Point. Cohen bought the stately seven-acre oceanfront estate at 52 Further Lane in East Hampton as the feds were closing in on his company, SAC Capital Advisers, over allegations of insider trading. Cohen bought the stately 7-acre oceanfront estate at 52 Further Lane in East Hampton as the feds were closing in on his company, SAC Capital Advisers, over …
In khakis on Further Lane in East Hampton, where a home was recently purchased for $147 million, were Matthew Cherwin, co-head of global credit at JPMorgan Chase, who also sported a … Billionaire hedge fund manager Steve Cohen has torn down his East Hampton, New York home so that he can build a completely new house to his … Steven Cohen paid $60 million for this oceanfront property on Further Lane in East Hampton in 2013.