Steve Cohen’s Former NYC Penthouse Marked Up 18% to $36 Million in Just Four Months
- Four months after closing, owners are relisting at 18% markup
- Expected return of wealthy global buyers influenced pricing
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Billionaire Steve Cohen sold his luxury Manhattan condo in June, finally getting $30.5 million after multiple price cuts. The buyers, who never moved in, are relisting the apartment for sale -- at an 18% markup.
The 9,000-square foot (836-square-meter) duplex penthouse at One Beacon Court, with postcard views of Central Park, is now seeking $36 million, according to the new listing by Compass agent Kyle Blackmon. It’s a bold wager that rising demand for high-end properties in the borough will translate to a quick spike in values, even while buyers still have plenty of choices.