Sunday, April 21, 2013

Probed Hedge mega-mogul buys $39M W. Village property

Hedge-fund billionaire Steve Cohen is on a real-estate buying spree as his SAC Capital insider-trading woes continue.  Cohen, whose firm got a conditional court agreement to pay the Securities and Exchange Commission $602 million this week, snapped up 145 Perry St. in the West Village for $38.8 million, according to public records of the sale.

The apartment building was being developed by David Halpern Architects, but that deal fell through. Records show it was sold to Cohen’s Greenwich Heights Corp. in Stamford, Conn.

There is chatter he bought another city apartment, this one at the Abingdon, also in the West Village, while he renovates 145 Perry…

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