Billionaire Steve Cohen Lists Art-Centric Triplex In New York For $33.5 Million

Hedge funder Steve Cohen and his wife Alexandra have decided to sell their three-level boutique condo in New York’s West Village. Cohen, worth an estimated $12.9 billion and No. 36 on Forbes’ Billionaires list, is former head of SAC Capital—one of the most successful hedge funds ever, though it eventually had to shut down due insider trader issues. He now oversees Point72 Asset Management, which expanded to managing outside capital in 2018. 

The 9,600-square-foot unit sprawls over its three levels with 30-foot ceilings in the entrance. This is where you get the first hint about how art-centric the design is. Voluminous walls with dedicated spot lighting and a pale white backdrop are exactly what this duo needed to display their extensive art collection, which is said to exceed $1 billion in value and contain works by Willem de Kooning, Jeff Koons, Jasper Johns, Picasso and Andy Warhol. Glimpses of the artwork are few and far between since they have pixelated out the wall hangings, but there are a few table sculptures to spy in the listing photos.

Another key art feature is the ample space to hang paintings without having to expose them to direct sunlight. See the large living room above for proof and note the high sheen finish of the ceiling—the ceiling!—which help to bounce light around the room so they could get away with smaller windows and more wall space.

Then there is a dedicated nook which takes inspiration from museum design by having a focal point at the end of an almost-hallway so nothing detracts from the artwork. Presumably the blurred out image at the center of this picture is one of the prized pieces of their collection.

The dining room is where you can spy one of the small table sculptures to get a sense of the art themes. Contemporary lighting overhead is subtle yet provides a touch of flair to the room.

As far as living quarters go, the third floor is dedicated to bedrooms, including the 1,200-square-foot master bedroom, which comes with two dressing rooms, a marble-clad master bathroom and home office.

The building, The Abingdon, is a pre-war building dating to 1906 but underwent a renovation to create nine luxury units. Property records indicate the couple purchased the home in 2013, the year the building finished its conversion, for $23.4 million.

The home also comes with automated blackout shades and a private elevator that accesses each floor of the unit.

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This post first appeared on Forbes.com. To see the original, click here.