Cabbage Patch CEO Snags Madoff Pad

Take a look at what $9M will get you in New York City
By Polly Davis Doig,  Newser Staff
Posted Feb 7, 2010 8:06 AM CST
Cabbage Patch CEO Snags Madoff Pad
This photo taken Tuesday, Sept. 8, 2009 in New York shows the master bedroom of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)

The guy who brought you Cabbage Patch Kids and Pokemon has snapped up the penthouse apartment of erstwhile Ponzi schemer Bernard Madoff, reports the New York Post. Al Kahn is the CEO of 4Kids Entertainment, and will be calling the 4000-square-foot lux digs in Manhattan's Upper East Side home sweet home. Asking price was reduced from from $9.9 million to $8.9 million; Kahn is thought to have paid just under.
(More Bernard Madoff stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X