Post-Reno, Bernie Madoff’s Former Duplex Asks $17.25M | Mt Kisco Real Estate

10 images

Location: New York, N.Y.Price: $17,250,000The Skinny: In 2010, less than a year after Bernie Madoff, the mastermind of a Ponzi scheme considered to be the largest financial fraud in this country’s history, was sentenced to 150 years in federal prison, the United States sold off his longtime penthouse on Manhattan’s Upper East Side for $8M. Despite giving the pad a much-needed upgrade (Madoff bought the place in ’84, a fact demonstrated by its floral valances and salmon walls), the buyers are ready to unload the duplex, now asking $17.25M for the 4,000-square-foot unit. What attracted the the current owners, Patsy Kahn and her husband, Alfred—the man who’s credited with bringing Pokemon to the U.S.—in the first place? Possibly the apartment’s 11-foot ceilings, library, or chef’s kitchen, but Patsy insisted in 2010 it was the wraparound terrace, which won them over despite Alfred’s worries, uh, “about the karma.”

 

 

read more…

 

http://curbed.com/archives/2013/08/23/postreno-bernie-madoffs-former-penthouse-asks-1725m.php

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.