Bernie Madoff’s former Montauk home, seized by authorities in 2009 after the disgraced investor’s Ponzi scheme fell apart, has hit the market for $21 million. The current owners of 216 Old Montauk Highway, Steven Roth, the chair of Vornado Realty Trust, and his wife Daryl, a producer for Broadway, picked up the 3,000-square-foot home in 2009 for $9.41 million. Tapping renowned designer Thierry Despont, the couple totally renovated the three-bedroom, ocean-front home, according to the Wall Street Journal. The house sits far from the road at the end of a long gated driveway and boasts a private path to the beach.
Bernie Madoff
Interiors, Recent Sales, Upper East Side
The duplex penthouse at 133 East 64th Street on the Upper East Side, where Bernie Madoff notoriously was arrested by the feds and lived under house arrest, has just sold to Lawrence Benenson of Benenson Capital Partners for $14.5 million.
Madoff had lived in the home since 1984, but after the government seized it in 2008, it was picked up by toy mogul Alfred Kahn and his wife Patsy in 2010 for $8 million. Apparently, Mr. Kahn was superstitious of the “Madoff curse,” but Patsy fell in love with the unit’s terrace. They reportedly put the penthouse back on the market in August 2013 for $17.25 million, but reduced the price several times as well as filed for divorce.
Interiors, Manhattan, Recent Sales, Upper East Side
New York socialites Danielle and Jonathan Segal have decided to upgrade from their 2BR/2.5 co-op on 65th Street, to a gorgeous 3BR/3BA apartment… one block away. The daughter of Ilan Cohen, owner of real estate company Elite Management, and her hedge fund husband have just put down $4.77 million on apartment 2B at 133 East 64th Street, with the help of Fox Residential‘s listing agents Barbara Fox and Brad Loe.