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Hedge funder lists Trump International duplex for $20M

The Property Addict / Luxury Lifestyle

United States of America

Sep 03 2017

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Isabel Schwab, Luxury Listings NYC

A duplex apartment in the Trump International building at 1 Central Park West has just hit the market asking $19.9 million.

According to city records, the sellers of the pad are Rachel and Eric Cole, who bought it for $15.6 million under the Huddygirl LLC in 2013 from Theory founder Andrew Rosen. Rosen bought it from the late socialite and Johnson & Johnson heiress Libet Johnson in 2006 for $6.9 million.

Eric Cole founded the New York city-based hedge fund Warlander Asset Management in 2016, with the support of his former boss, billionaire David Tepper of Appaloosa Management. Cole could not immediately be reached for comment.

According to the listing, with Kyle Blackmon of Compass (who also sold the apartment to the Coles), this unit is the only duplex in the entire building. Measuring 4,266 square feet, the pad has five bedrooms and four and a half bathrooms.

It also features a rather unusual glass and steel staircase connecting the levels, floor-to-ceiling windows and concrete floors.

SOURCE: Luxury Listing NYC


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