Tuesday, June 20, 2017

Hedge funder Lists 12K-square-foot Upper East Side Mansion for $38M

From LLNYC:
A massive townhouse at 6 East 69th Street owned by hedge fund executive George E. Hall has just hit the market asking $37.5 million, according to city records.
http://www.llnyc.com/wp-content/uploads/2017/06/269563143.jpg
Hall bought the home in 2002 for only $11.5 million, so if he gets anywhere close to asking price on this sale he’ll have made out well. Per the listing, with Jim St Andre and Tyler Hughes of Core, the home is 25 feet wide and has seven bedrooms and more than five bathrooms.

It was built in 1887 by architect John H. Duncan, who also designed Grant’s Tomb and the Memorial Arch in Grand Army Plaza. The home has two entrances (one, we assume, is for the help), 12-foot-high ceilings, a music performance room, a wood-paneled library and a terrace off the master bedroom.

Hall is the president and CEO of the Clinton Group, a hedge fund. According to a NYMag article about hedge funders, Hall at one time owned a 115-foot megayacht as well as a private island in the Caribbean (called Paul Tudor Jones II)....
...MUCH MORE

Note: I have no idea what that last line means.