News | November 17, 2008

35,000 Square Feet: Steven A. Cohen Needs Even More Room in Greenwich

News | November 17, 2008

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Steven A. Cohen’s 35,000-square-foot home in Greenwich, Conn., is already excessively gigantic enough to cause even the wealthiest jaws to drop. 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. The final agenda for last Thursday night’s meeting of the Greenwich Planning and Zoning Commission, available on the commission’s website, states that Mr. Cohen and his wife, Alexandra, have applied for a special permit to add approximately another 1,145 square feet to their house on Crown Lane. The meeting was scheduled for 7 p.m. Thursday; it was not clear on Friday how the presentation went or when the planning board might make a decision. Two years ago, another hedge fund manager’s plan to build a nearly 39,000-square-foot house caused a huge controversy in Greenwich. The town also canned a Russian blingshevik’s proposal to build a 27,000-square-foot house with 26 toilets and room to park 12 cars. The Cohens paid more than $14 million for the house on 14 acres in 1998 and soon started major renovations and expansions, and the architectural blowouts haven’t made other town residents too happy, so it will be interesting to see what the commission decides. Its amenities include a basketball court, an indoor pool and a Zamboni machine that smoothes out a 6,734-square-foot ice rink. Google Maps has an overhead view of the Cohens’ T-shaped estate, complete with geometric gardens at the bottom end.

Via Cityfile

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