Hedge Fund Manager Buys Penthouse Penthouse

Harbinger Capital manager Philip Falcone just bought the Upper East Side apartment previously owned by print porn publisher Bob Guccione. The spread, located on East 67the street, includes 22,000 square feet, a solarium, an indoor pool, a theater, a “dance” room, servants’ quarters and an auto-fellatio deck. Though Guccione had hoped to sell the place for $59 million, it sat on the market for nearly six years due to what Corcoran VP Leighton Candler called “an odd energy…Whenever people brought in children, they were ready to leave,” which would explain Jeff Epstein’s visceral reaction upon stepping foot in the place several years ago as a potential buyer and comment, “not if you were giving it away.” Falcone ended up paying $49 million in cash, out-pimping Dan Loeb, who only shelled out $45 for his new pussy palace.
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Original Source

  5 Marzo, 2008| Economy | @ 22:10

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