Manhattan, NY – The millionaire “marketing genius” behind the Pokemon and the Cabbage Patch Kids toy crazes inked a deal to buy Ponzi King Bernie Madoff’s posh penthouse apartment on the Upper East Side, sources said.
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Al Kahn, CEO of 4Kids Entertainment, signed a contract to buy the 4,000-square-foot home, which was put up for sale by the feds to help recoup cash for the victims of Madoff’s $65 billion scam.
The apartment, at 133 East 64th Street and Lexington Avenue, was recently listed at $8.9 million, $1 million less than the original asking price.
While the actual sale price is not known, sources said the pad — a three-bedroom, four-bath duplex with a wrap-around terrace — went for just under the asking price in the deal brokered by the Corcoran Group.
The luxe digs went on the market after Madoff’s wife, Ruth, was tossed out last July.
Wow! Gevaldig!!! Mr. Kahn is a real Doll!!
I think i would buy it!
Looks like some people still have money, hmm maybe he has an extra million laying around to loan me, I can use it.
I feel bad for Bernie, he nebech fell thru, he did a good job for quite a long time, if not for the economy colapse he would die as a very succesful person.
he l00ks ugly / like the toys he makes
The Cabbage Patch millionaire earned his money the old fashion way, he earned it on $20 sale at a time…
u must be the same krook like him
I will gladly donate the mezuzos to the door. Fisher-Price has durable ones.