Sunday, 4 August 2013

The Most Expensive Homes In Finance



Estimated value: $23.1 million
Estimated value: $23.1 million
Title: President and Founder, Kynikos
The hedge funder bought his 7,700 square foot triplex condo for $20 million in 2008. The fourteen-room penthouse in the historic Stuart Duncan House overlooks Central Park and has perfect views from the massive terrace. You may recognize Chanos' neighborhood from the '90s TV show "The Nanny," as the neighboring building at 7 East 75th Street was used for exterior shots of the Sheffield home.
"The going square foot price for a property of this quality and size today is between $3,000 to $4,000 per square foot," said Patricia Cliff, a licensed associate real estate broker at Corcoran and author of The Art of Selling Real Estate, which would put the value of the home at around $23.1 million.
"Although it would be very difficult to estimate the present value because of the uniqueness of the property," she added.
To estimate the approximate current value of the homes, we looked at recent sales and public assessors' records, and we spoke to expert realtors and appraisers in these homes' markets.

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