A Tough Year for Hedge Funds? Not That Real Estate Has Noticed
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Larry Robbins, Glenview Capital Management’s founder, is said to have bought a $37.9 million penthouse in the Charles, a luxury building in Manhattan.CreditSam Hodgson for The New York Times
A Manhattan penthouse on the Upper East Side with sweeping views of both the Hudson River and the East River was sold this summer for $37.9 million. The person behind the purchase was hidden behind a limited liability company with the cryptic name CRE Acquisition.
It turns out that the mystery buyer was not a wealthy foreigner, but a local Wall Street celebrity: Larry Robbins, the hedge fund manager and founder of Glenview Capital Management, according to documents reviewed by The New York Times and conversations with people knowledgeable about Mr. Robbins’s personal investments…
A Tough Year for Hedge Funds? Not That Real Estate Has Noticed
