Stephen A. Cohen’s big price slash

Hedge fund honcho Stephen A. Cohen has cut the price on his $  117 million Bloomberg Tower duplex to $  98 million.

Evan Joseph

Hedge fund honcho Stephen A. Cohen has cut the price on his $ 117 million Bloomberg Tower duplex to $ 98 million.

As if Stephen A. Cohen’s year couldn’t get any worse, the hedge fund titan just knocked $ 17 million off the price of his opulent East Side apartment.

The infamous financier, whose company pleaded guilty to insider trading last month and will pay $ 1.2 billion in fines, dropped the price on his 9,000-square-foot duplex atop the Bloomberg Tower from $ 115 million to the still-conspicuous $ 98 million.

The master bedroom suite is 1,000 square feet itself.

Evan Joseph Images/Evan Joseph

The master bedroom suite is 1,000 square feet itself.

That just makes it the fourth most expensive property listing in the city — but it dashes Cohen’s dreams of selling the first nine-figure apartment in city history.

A half-dozen homes have been vying to break the $ 100 million barrier this year, but none has found a buyer at that stratospheric price.

With two offices, five bathrooms, and plenty of space, the apartment is perfect for a businessman who likes to entertain.

Evan Joseph Images/Evan Joseph

With two offices, five bathrooms, and plenty of space, the apartment is perfect for a businessman who likes to entertain.

Cohen’s couldn’t either. It’s a grand spread in a top building, but it’s also on Lexington Ave. — not the most fashionable address.

Still, the Bloomberg Tower, also known as One Beacon Court, has surpassed expectations, with residents included Beyonce, NBC anchor Brian Williams and sluggers Johnny Damon and Bobby Abreu.

Cohen spent millions to turn two apartments into one, creating an airy interior space.

Evan Joseph

Cohen spent millions to turn two apartments into one, creating an airy interior space.

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Cohen’s pad is inarguably the nicest, and certainly the biggest. It’s the only duplex in the building, comprising the western half of the 51st and 52nd floors.

Views from Cohen’s 51st-52nd floor duplex are incredible.

Evan Joseph

Views from Cohen’s 51st-52nd floor duplex are incredible.

Cohen bought two units for $ 25.9 million in 2005, and then spent untold millions more having Charles Gwathmey combine them into an uber-luxe spread.

The condo has sweeping views of Central Park, two offices, four bedrooms, and five and a half bathrooms tiled with huge slabs of statuary marble.

Cohen’s duplex is on the west side of the Bloomberg Tower, also known as One Beacon Court.

Andrew Harrer/Bloomberg

Cohen’s duplex is on the west side of the Bloomberg Tower, also known as One Beacon Court.

The master bedroom suite alone is nearly 1,000 square feet.

Cohen is selling after downsizing to a $ 23.4 million maisonette at The Abingdon, a throwback condo development in the West Village. The three-story home covers 9,600 square feet.

Steven A. Cohen has homes all over the place.

© Steve Marcus / Reuters/REUTERS

Steven A. Cohen has homes all over the place.

Cohen also recently bought a $ 62.5 million mansion on seven East Hampton acres this spring — the biggest deal on the East End this year.

He also owns a 35,000-square-foot Greenwich, Conn. compound that’s worth tens of millions of bucks.


Lifestyle – NY Daily News

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