steve cohen house greenwichidioms about being sneaky

Ive been on the parc for I believe its six years, she said, and theres never in my experience been a project that aroused anywhere near the depth of passion, really, that this one has. For more than 200 years, from the time English farmers settled there in 1640, Greenwich was a small community, a version of pastoral. In 1998, Steven Cohen of SAC Capital paid $14.8 million for one of Greenwichs beautiful old backcountry homes, north of the Merritt Parkway, on 14 acres of land. A full-size indoor basketball court was installed, as was a swimming pool enclosed in a glass pleasure dome. To be absolutely fair, these were not ordinary windows; they were the newest, latest status symbol for homeowners: custom-made windows from Zeluck, a company based in Brooklyn, whose slogan is For those who dont compromise. As Cope explained, Theyre beautiful windows. Dr. Steven P. Cohen is professor of Anesthesiology and Critical Care Medicine and of Physical Medicine and Rehabilitation at Johns Hopkins Hospital and at the Uniformed Services University of the Health Sciences. By the time Jacobs got to his office, a camera crew was waiting for him in the lobby. Zalmon Simmonss 164-acre estate was, from all accounts, exquisite. I just want to let you know right now.. Referring to Greenwich, a New York Times headline of 1971 says it all: when you get there, youve arrived. By 1958, the year I-95 was routed through the southern part of Greenwich, the era of the great estates was long over. Nina Munk is a Vanity Fair contributing editor. He added, You can spend $200,000 on the lighting-control system.. As conceived in 1949 by Alfred Winslow Jones, then an editor at Fortune magazine, a hedge fund hedged its bets against market volatility by taking both long positions on undervalued stocks, hoping they would go up, and short positions on overvalued stocks, hoping they would go down. Nor was he considered an exciting and eligible bachelor. Theyre the customer, right? Cohen told SNY. Im just glad hes got a new audience., I need to talk to myself 15 years from now . Mets fans were expecting many things from Cohen, a Long Island native who amassed a fortune as a Wall Street investor and hedge fund manager. There was the joy of having the team fall under the stewardship of a lifelong, passionate fan. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. After spending about $5 million to build the 19,000-square-foot house (and dynamite the rock), they anticipate selling it for around $12 million. Old Money est compltement disparu, one member of this dying breed confided to me, switching to French to make her well-bred point. The fees add up: in the past two years, Eddie Lampert of ESL Investments, with about $15 billion in assets, earned for himself, personally, almost $1.5 billion. Nevertheless, his house, which dates from the 1940s, sits on a modest 1.6 acres of land. By Sunday afternoon, the account had accumulated over 20,000 followers. 1 of 8. Is there any chance this could lead to prison time? But that still leaves him with two summer Hamptons homes worth a combined $80.5 million, as well as another West Village residence worth $38.8 million. Love my new tee, thank you., The tweet, sent hours after Major League Baseball owners approved the sale of the New York Mets to her husband, Steve, accompanied a picture of the Greenwich couple. From Paul Tudor Jones IIs monster Monticello to Steven Cohens $14.8 million cash purchase, the author discovers just how far Greenwichs latest tycoons will goand meets the one who finally went too far. Get our latest stories in the feed of your favorite networks. In the old days, no one would have bothered to destroy that rock; financially it wouldnt have made sense, for one thing. Adam Brace will direct the limited engagement at the Greenwich House Theater. Without waiting for an answer, he continues: We wanted the house, although its grand, to be comfortable., We want it to be country comfortable, adds Jacobs. And while the town assessed the house at just under $26 million, one of the top real-estate brokers in Greenwich told me the place might be worth between $50 million and $60 million. Steven Cohens SAC Capital Advisors, with $10 billion in assets under management, keeps as much as 50 percent of returns. That day, hanging in the sky above Jacobss bucolic 11 acres were television news helicopters, droning, greedy for substance. Houses rise and fall. Steve Cohen is a man used to having a great deal of space. The new civic center will actually be named the Cohen Eastern In all, thats 116,000 square feet of space, or about two and a half football fields. As you might have guessed, as soon as he took possession of the unfinished house, Lampert proceeded to tear it down and start all over again. Incredibly well crafted. Unique amenities include a club room with a bar, card table and billiards table; a cigar room; a cinema-style theater room and even a two-lane bowling alley in a massive childrens lounge. More than once, Lampert, 44, has been referred to as the greatest investor of his generation. Since 1988, when he launched his hedge fund, ESL Investments, he has earned for his investors average returns of 30 percent a year after fees. Our services run deep and are backed by over ten years of experience. It wasnt long before Town & Country named Jones one of New Yorks most eligible and exciting bachelors. Cohen and wife Alexandra make theirprimary home in Greenwich, Conn., almost on the New York border. With Jeff Koons and Richard Serra sculptures sprinkled throughout In light of the publicity, it read, I no longer have any plans to build this house.. Alex, leaning on the arm of the chair and wearing her new blue and orange T-shirt embroidered with the words YA GOTTA BELIEVE IN UNCLE STEVE., This is a carousel. Jacobs pauses. Having just hired a spokesperson, Jacobs released a statement. I wanted something that didnt look like some McMansion, says Jacobs. 2023 Cond Nast. Like most hedge fund moguls, Steve Cohen hasn't been having a very Referring to the 720-square-foot shingle cottage that houses the Cohens ice-resurfacing machine, someone whos been to the estate assured me, Youd be happy to live in the Zamboni house.. But also a 6,734-square-foot ice-skating rink (about the size of the one at Rockefeller Center) and two putting greens with sand traps connected by a fairway. Cohen later clarified that he had no issue with Martino: Im not attacking Andy. Their gardening budget was over half a million dollars a yearto have their trees trimmed, their grass cut. The more people I spoke with, the more the numbers grew. During the same time period, Cohen took home $1 billion. He has spent a reported $400 million in the past five years building one of the countrys great private art collections: two of his paintings were bought together (from Steve Wynn) for $100 millionVincent van Goghs Peasant Woman Against a Background of Wheat and Paul Gauguins Bathers. Few people could afford to heat a 25-room mansion back then, and even fewer people could afford to buy it. Relatively. In the past five years, however, as big pension funds and university endowment funds have sought higher-than-average returns, the amount of money invested in hedge funds has doubled to more than $1 trillion. Jacobs, a founding partner of a hedge fund called Wexford Capital, is unapologetic. There it was, for all to see, on the front page of *The New York Times*s Metro section: an article about Jacobss house. Like most hedge fund moguls, Steve Cohen hasn't been having a very good run recently. So are exercise rooms and wine cellars. Has he spoken to Pete Alonso, Dominic Smith, Brandon Nimmo and Jacob deGrom? Cohen also said his Twitter friends are funny. What really defines a hedge fundand therefore defines the wealth of Greenwichis how its managers get paid. Plus the labor, Delrose continued. Hey @StevenACohen2, as a Steve from Long Island, can I have $5.1m?, Cohens reply about 30 minutes later: No-Sorry, I was looking for a Matz., When a Braves fans announced Monday night they were changing their allegiance to the Mets, Cohen tweeted, Thanks for coming over from the dark side., After the Mets signed free agent Trevor May, @DaveMorelli wrote to Cohen: Hell of a pick up! I anticipate closing the deal in the next 10 days and then its off and running. Was Tiffany involved? TheReal Dealwas the first to report the transaction. Cohen, a 63-year-old Long Island native who lives in Greenwich, is extremely rich. But now, it appears that Mr. Cohen, who runs the giant and secretive hedge-fund firm SAC Capital, wants to make it even more enormous.. One wonders: Who uses the 25 parking spots? In April, Cohen sold his New York City penthouse on East 58th Street after eight years on the market and a 74% price drop. According to Forbes Magazine the Net worth of Steven Cohen was approximately $11.4 billion in 2009, making him the 27th richest of the worlds billionaires. Ad Choices. Yet its Cohen getting laughs with the retweets and likes. (Says Michelle, For me, as long as I had my closets, it was fine.) In the East Wing are four more bedrooms, plus two apartments for staff. One billionaire, whose name Ive promised not to reveal here, said his jaw dropped the first time he visited. How big is 30,771 square feet? The grooms older brother John F. Kennedy, then a Democratic congressman from Boston, was the best man. Cohen is not exactly keeping a low profile, annexing his real estate holdings in March to include a $60 million oceanfront estate in East Hampton. Simmons had made his fortune by revolutionizing the nighttime furniture of the nation, as his New York Times obituary phrased it; put simply, the Simmons Company developed the countrys first mass-produced mattresses. He has bantered about bringing back the old-timers game; there has been dialogue about starting games earlier and about bringing the black jersey back. Viewed from above, the sprawl that is the Cohen estate resembles Buckingham Palace, or Windsor Castle. Someones got to sew all this stuff and come hang it. We've received your submission. The leading fund managers make far more than that. Within a few years, his widow sold off the estate, piece by piece. It was a huge sum, remarked Jean Ruggiero, a broker with William Raveis Real Estate & Home Services in Greenwich. 3. The final agenda for Thursday nights meeting of the Greenwich Planning and Zoning Commission, The landscaped pool area is complete with waterfalls, fire pits, a covered pavilion and dining area, a grotto with a rain feature and a fully equipped summer kitchen. About two miles from Ganek is the home of Lone Pine Capitals Stephen Mandel Jr., the nations 10th-highest-paid hedge-fund manager. Last night, an application by Cohen and his wife, Alexandra, was put before the Greenwich Planning and Zoning Commission. Love my new tee, thank you @nineteen86d pic.twitter.com/fDbvYdL9rk. Then a sex scandal rocked his marriage and ended his lucrative stewardship of the evangelical education empire founded by his father. They know what theyre talking about, theyre passionate., Celebrating together tonight - thank you all for your notes, we are beyond excited. Then I started doing it, and it just seemed to work. A speculator with a sixth sense and good nerves, he traded in as many as 30 different commodity markets, moving in and out, sometimes in minutes, never holding a position for more than a few days. All these old, interesting houses are torn down every day, and they put up these massive things that are overwhelming the properties, overwhelming the roads. Lamperts kidnapping is one reason so many hedge-fund managers are obsessively secretive, it has been suggested. The sale price is not yet known, but the condo Today that money comes from the trillion-dollar hedge-fund business, which occupies a third of the towns office space, and whose managers are behind a decade of over-the-top real-estate deals, teardowns, and mega-mansions. Remember Long-Term Capital Management? Steve, sitting in a red chair and wearing a Mets cap. The third floor no one will use until I have grandchildren, Jacobs explains. I dont, concedes Jacobs, who is 53, but I hope to one day., Until three years ago, the Jacobs family spent only weekends and summers in Greenwich. Now, following Steven Cohens lead, the newest basements of Greenwichs hedge-fund elite have arts-and-crafts ateliers with built-in sinks, massage rooms with waterfalls (so you get that Zen feeling, one builder explained), panic rooms, and hockey rinks. Advertisement Nearby: Michael Yagemann's House Alan D. Schwartz' house Jordan Saper's House Michael Campbell's House 'Untitled (Three Dancing Figures)' by Keith Haring Steven Cohen's Richard Serra Richard Serra 'Untitled' by Keith Haring 'Balloon Dog (Yellow)' by Jeff Koons The former Yankee blamed J.P. Morgan and loudly griped that the process had been rigged. He has a 25-car garage under the house, reported someone else, wide-eyed. A walking computer is how Cohens brother once referred to him. The thread that followed included many names, with some tweets explaining in detail why specific players fit the Mets roster. Last year, Mandel earned for himself $275 million, according to Institutional Investor. His offices, housed in a small four-story building in Greenwich, are anonymous: the companys name does not appear on the front door or in the reception area. Only four years earlier, the property5.8 acres with a deepwater dockhad sold for $10.9 million to a couple who tore down the original house; they spent millions and millions reshaping the grounds and began building a new house twice the size of the old one. Steven Cohen's House By IndyFan032589 Bing Maps Mark Madoff's house By neotrix Bing Maps Martha Moxley's House (former) By tlp333 Bing Maps Judge Judy Sheindlin's House Once settled in Greenwich (having moved from the backwater of Kenosha, Wisconsin), Simmons found himself surrounded by other leading industrialists and their heirs. And what better way to rebound than with a mega-mansion in the Sunshine State? When one response suggested a Twitter poll that could help team president Sandy Alderson resolve this roster stuff by morning, Cohen replied a minute later. It was hopeless. A few months ago, I was invited to lunch at what may be the last bastion of Greenwichs Old Guard: the Round Hill Club. You should probably know that in 1999, as bulldozers were digging up Steven Cohens estate, another hedge-fund manager paid $20,775,000 for a magnificent waterfront property. On the latest Forbes Four Hundred list of the richest Americans youll find four people who live in Greenwich; three of them manage hedge funds: Edward Lampert (estimated net worth: $3.5 billion), Steven Cohen ($2.5 billion), and Paul Tudor Jones II ($2 billion). So, suddenly, you put this all together He paused. To judge by the number of swollen, over-ambitious mansions rising from lots in Greenwich these days, youd almost think we were back in the 1910s and 20sexcept that this time round the lots are small, and the houses are almost on top of one another. If Lampert is known outside of financial circles, it may be because of his kidnapping: in 2003 he was dragged from the parking garage below his Greenwich office. Were not building monuments to ourselves. Last week, Hell refute media reports when a national baseball reporter tweeted that the Mets would be interviewing Cleveland general manager Mike Chernoff for the job of president of baseball operations, Cohen was quick to respond: Not that Im aware of, wrong again., When a fan asked him to purchase the hapless Jets, Cohen dismissed the idea: Trust me , no shot.. Paul Tudor Jones II, whose Tudor Investment Corporation and affiliates manage $14 billion, charges a 4 percent management fee and takes a 23 percent cut of returns. Papers filed at Town Hall show plans for a separate, 3,296-square-foot pool house on the Mul estate, plus an outdoor tennis court. (His flagship fund is reportedly down 18 percent so far this year.) There are hedge-fund managers in Greenwich who live discreetly. Inside Wealth-Conference Con Man Anthony Ritossas Wild Web of Lies, How Screwed Are Donald Trump and His Adult Children, and Other Questions You Might Have About the Staggering Fraud Lawsuit Against Them. After proving to Mets fandom that the account was in fact Cohen he would be verified a few weeks later Uncle Steve has emerged as a social media sensation, at least to those who can rattle off Ed Kranepools career numbers. Picking at their beet salads, my two hosts grew nostalgic. Use Next and Previous buttons to navigate, This photo from a Zoom press conference shows New York Mets owner Steve Cohen, Tuesday, Nov. 10, 2020. Yes, anybody taller than 58, he said. Lets think for a brief moment about style, scale & taste. Is that a crime?. Steven is related to Julie Ilana Strasberg and David S Cohn as well as 3 additional people. As Jacobs flips from one drawing to another, I notice three staircases, one rising from the center hall, another in the East Wing, and yet another in the West Wing. Theres also an elevator. I felt a sharp draft from the dining rooms tall windows. For their two sons, Zalmon junior and Grant, Zalmon and Frances Simmons built two more houses on the estate. On the other hand, its no secret that Eddie Lampert owns an exclusive waterfront property in Greenwich, or that he paid nearly $21 million for it. It was one of the biggest social events of the year. There's also no word on what exactly the Cohens plan to use the additional space for, especially since the estate already has a basketball court, indoor pool, 6,734-square-foot ice skating rink (along with a separate structure to house the Zamboni), and about half a billion dollars in art scattered in every direction. In 1918, Daniel Gray Reid, the Tin Plate King, built for his daughter, Rhea Reid Topping, a Tudor Revival house for the then staggering cost of $1 million (equal to about $15 million today). I can list a hundred people I know personally who made over $100 million last year, attests a trader at a big hedge fund. (approx.) Percy Rockefeller built a 64-room Georgian mansion. I will be right back. Katie, he began, turning to his co-host, Americans are getting bigger and bigger these days. He was not in the Social Register in 1938, nor was he a member of Greenwichs exclusive Round Hill Club, whose president at the time was Prescott S. Bush, grandfather of the current president of the United States. Before long, those documents became nothing more than a blur of unreal figures and unfamiliar names. In January, Cohenfound himself involvedin the infamous GameStop controversy. Cohn's former boss, Steve Cohen, also owned the home from 1993-2004. And more! The economys been good, the stock markets been good, Cohen told a reporter for The New York Times in 1999, somewhat defensively. Not so long ago, Greenwich was a bedroom community; every weekday morning men in beige overcoats and gray flannel suits boarded the 8:01 to Grand Central station. They also maintain a home on the West Coast, where they preside over a 13,000-square-foot Beverly Hills mansion with nine bedrooms and 13 bathrooms. On Greenwich Avenue, the main street in downtown Greenwich, shopkeepers pay rents that rival those on Madison Avenue. And there was the $14 billion, Cohens reported worth. And lots of people in Greenwich want fringe on their curtains, and tassels, bell-shaped tassels around the edgesthats another strip of fabric. All Rights Reserved. Whatever its called, people in Greenwich like to gossip about the house. The property captures family-friendly flourishes that double as entertainment spaces. Cohen, for example, owns two East Hampton estates in addition to the Perry Street property, and remains a resident of Greenwich, Connecticut. Not long after Paul Tudor Jones II settled there, two more of the worlds richest hedge-fund managers built themselves edifices in Greenwich. Its 27 feet by 20 feet. (Mr. Cohen reportedly outbid David Geffen for the 6.5-acre estate.) On North Street, one of the main arteries running through Greenwich, there are now so many bulldozers and dump trucks and wrecking balls that the entire street has become a giant, unlovely construction site. Im in Greenwich, in Jacobss current house, having breakfast with him and his wife, Michelle. Men such as Lampert, Cohen, and Jones are celebritiesat least on Wall Street they are. In September 2003, Jacobs paid $5,575,000 for 11 bucolic acres in Conyers Farm, a gated community in Greenwichs backcountry. Even people unfazed by luxury are startled by the excess. Among traders, Cohen was known as brilliant and highly disciplined. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Of the $1.2 trillion currently invested in hedge funds worldwide, approximately one-tenth, or $120 billion, is now managed out of Greenwich alone, according to Hedge Fund Research, Inc. To put that figure into perspective you should understand how small Greenwich really is: there are only about 23,000 households, a total population of 63,000. The typical hedge fund charges its investors an annual management fee of 2 percent of assets under managementplus a performance fee equal to 20 percent of that years return. He is just reporting on what he heard. So I want to build a house for myself. On the second floor, occupying the entire West Wing, the master suite encompasses a bedroom, a living room, a wet bar, his-and-her bathrooms, and two dressing rooms, each about the size of a Manhattan studio apartment. Unlike mutual funds, which are strictly regulated under the Investment Company Act of 1940, hedge funds have never had restrictions on the investments they make: they can buy stock options, for example, or use leverage. Near the shore in Belle Haven, a renovated Tudor manor was bought for $13.5 million by Brian Olson, a former partner of the hedge fund Viking Global Investors. Last December, at a public hearing before Greenwichs Planning and Zoning Commission, a lawyer representing Conyers Farm had this to say about the house: It is too large, it is too in-your-face, it is too visible., Next to offer her view of the matter was Regina Gigi Mahon-Theobald, a former journalist who heads the Planning and Architectural-Review Committee at Conyers Farm. Hes got more than 35,000 square feet to get lost in up in Greenwich. Obviously there will be times when we lose five in a row, whatever the case may be (but) Im still doing it. Outside, and leading up to the great Cohen house, we find a series of perfectly arranged alles that cut through formal gardens until they reach a reflecting pool and fountain. In addition, it comes with a Crestron smart home system and security cameras. And Im having a blast with them. The next morning, Matt Lauer introduced Jacobss home on the Today show. Im not talking about our waistlines. Youd have thought that Jacobs was the first man in Greenwich to have built a big house. The one-day summit discusses transitioning the country's armed forces personnel back to civilian life. As time passed, according to Jacobss architect, Dinyar Wadia, the house expanded. Cohen and wife Alexandra make their primary home in Greenwich, Conn., almost on the New York border. Now, hes Mr. Met, with over 100,000 Twitter followers. Even Jon Stewart called and invited Jacobs to go on The Daily Show. For their two irregular acres of land on Zaccheus Meade Lane, Spoto and his partners, or their backers, paid $2.5 million. Like other titans of the era, Simmons and his wife, Frances, proceeded to build a manor house in Greenwich that would rival the palazzi and chteaux and stately homes of Europe. In Greenwich, as far as I can make out, the average new home of a hedge-fund manager is more like 15,000 square feet, about the size of a typical industrial warehouse. When the service was over, 2,000 guests attended a reception on the grounds of what had once been Zalmon Simmonss estate. What I know from my research is that last year Jones paid $190,000 in property taxes on his house. It was here, at a Christmas cotillion in 1941, that young George Herbert Walker Bush, then a senior at Andover, met his future wife, Barbara Pierce. I want to hear from them because theyre the ones that are paying the bills and theyre the ones that live this and breathe this, day to day. The people who can afford to live in Greenwich these days run hedge funds. Outside, the clubs rolling golf course, designed by Walter Travis in 1922, was empty. What particularly delights him are the plans for the lower level. He made $215 million last year. For example: the hedge-fund manager Edward Mul, of Silver Point Capital, and his wife, Marian, are putting up a new, 15,045-square-foot residence on Dairy Road. All rights reserved. Coincidentally, their architect, Boris Baranovich, is the architect who designed Steven Cohens mansion. Now there may be a showdown brewing over billions of dollars in kids fare. Two years later, in a single day, he lost $600 million trading in Japan. If Ganek is known at all outside the hedge-fund world, it may be because he spent $19 million last year for an apartment in one of Manhattans most desirable buildings, 740 Park Avenue. Both bathrooms have their own balconies. From Queens or the Bronx, shuttle buses bring in workers who cant afford to settle in Greenwich: housekeepers, busboys, gardeners, day laborers, pool boys, Korean manicurists. Its gray, Im assured. 31,000 square feet, 7 bedrooms, 14 bathrooms, Handsome Craftsman House in Rural Georgia Is the Center of a Thriving Fruit and Nut Farm, Houston House Offers Relaxed Luxury and Eye-Catching Details, Bayfront Westhampton Estate Has Room for Family, Friends and Everyone You Ever Met, $1.2-billion-SEC-insider-trading-fine-paying, Live Like Ivanka and Jared in a Luxurious Oceanfront Miami Condo, Boca Raton's Priciest Listing Is an Understated Midcentury Jewel, After Buying Nearby Cottage, Gisele Bndchen Pays Cash for Florida Mansion, Blockchain.com CEO Falls for Bali-Inspired Home With Dramatic Ocean Views, Bucolic, Remote Los Angeles Estate Sells to Floridas Richest Family, Billionaire David Bonderman, Producer Christa Campbell Drop $30 Million on LAs Westside. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. In a series of exclusive interviews, Falwellaccompanied by his wife, Beckidescribes the events that led to his ouster, their fallout, and why hes finally ready to admit he never had much use for his fathers church anyway. In 2019, he sold his West 12th Street triplex for $30 Mahon-Theobald has found her car keys. You can spend $1 million on lighting alone, a Greenwich-based architect assured me. (Of all the houses sold in 2005, only seven fetched less than $500,000.) AGE View Full Report AGE Phone Address View Full Report AGE View Full Report AGE Phone Address View Full Report Powered by Whitepages Premium AGE 60s Steve Cohen But the filing did mention an "individual residing in Greenwich, That was when Jacobs set out to build his dream house. The worlds financial markets nearly collapsed in August 1998 when, having used $30 of leverage for every $1 in capital, Long-Term Capital lost $1.9 billion. According to documents filed with Greenwichs Planning and Zoning Department, Feinberg planned to replace his $20 million house with a 30,771-square-foot neoclassical villa that he now hopes to build in another part of town. Years ago, wealthy houses were hidden in the rear of properties after long driveways and no one ever built to the maximum allowable square footage, remarked Diane Fox, longtime director of Greenwichs Planning and Zoning Department, in an e-mail to me. On Aug. 9, the hedge funder and 97.2% team owner closed on the sale of a 31,000-square-foot mansion located in an unincorporated area of Palm Beach County near Boca Raton and west of Delray Beach. We only blasted for three days, boasted Frank Spoto, the spec builder who, backed by the men from Goldman Sachs, is putting up the house with his business partners, Steve LoParco and Frank Napolitano. She and her husband, Thomas Theobald, former vice-chairman of Citicorp, built it from scratch just a few years ago. Hedge funds are not complicated. We came for the wonderful lifestyle, said one of the women. Also listed in his collection: a Jackson Pollock drip painting (reported price: $52 million), a 14-foot tiger shark preserved in formaldehyde by Damien Hirst ($8 million), Andy Warhols Superman ($25 million), and an early, coveted Francis Bacon ($16.5 million). Does anyone sleep in all those beds? No One Starts Out Wanting a 30,000-Square-Foot Home, Do you know what it costs to keep an estate going? asked Jacqueline de Bar, a Greenwich and Bedford estate manager. Were not having black-tie dinners, not that theres anything wrong with that., Nothing fussy, just nice, repeats Michelle. In the past few years, there has been teardown after teardown. We came for soccer games on Saturday mornings, added the other. Steve Cohen's Greenwich Mansion Gets Even Bigger. Until he bought his $14.8 million house in Greenwich, Cohen lived modestly, comparatively speaking. The house that reclusive billionaire trader Steven A. Cohen built is 35,000 square-feet. Adds Michelle later, We wanted an old house thats new. Jacobs again: We wanted a symmetrical, sort-of-European-influenced house I wanted it to look like it was there a long timeitll have ivy., Jacobs walks me through the proposed highlights: Theres a dining room that seats 16. Its depressing. The Cohens have also long owned another property in Stone Creek Ranch, an eight-bedroom and ten-and-a-half-bath house bought in late 2005 for $8.5 million. We were hoping it would be tasteful.. Who wants them if we arent setting high goals he tweeted. Thats $1 million to $1.1 million in windows, he announced matter-of-factly. 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