Despite Turning a $24 Million Pad Around, a Bizarre Fear Once Forced $17 Billion Man Steve Cohen to Incur an Enormous Loss

Steve Cohen is a multi-billionaire hedge fund manager and the owner of the New York Mets. The Mets owner is known for spending money in order to succeed. As a team owner, he has invested hundreds of millions of dollars to improve the Mets. But there was once an investment that didn’t go so well for Cohen.

Cohen once bought and renovated an apartment with the plan to sell it for profit. But things did not go to plan for the billionaire and he was unable to sell the apartment. This was caused by a bizarre rumor that began to circulate.

The Steve Cohen apartment is cursed or at least people believed that

According to a report by Page Six, Steve Cohen was unable to sell an apartment because people thought it was cursed. Cohen bought the apartment for $24 million and had it renovated with the thought of selling it for profit. The billionaire Mets owner listed the apartment at $115 million and over time brought the price down multiple times. When nobody wanted to buy it at $79 million he removed it from the market.

A real estate source told Page Six “There’s so many other better apartments available at that price. Plus, Stevie Cohen’s apartment isn’t exactly a draw in the banking world. Some people think its cursed.” 

Read More: Opportunist Billionaire Steve Cohen Pulled Out All Stops to Bring Carlos Correa to Citi Field

Cohen was able to finally sell the apartment but for a price much lower than he expected. The Mets owner has recently been in the media for the Carlos Correa deal. Correa and the Mets agreed to a 12-year $315 million deal. But complications have set back the deal to the point where it is doubtful.

The Carlos Correa deal with the Mets might still happen

Although there are serious doubts regarding the Correa deal happening, it is not completely ruled out. According to Jon Heyman of the New York Post “Mets, Correa working on things after same issue flagged in medical”. 

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Since then there have been no new changes in the deal. It is an unfortunate situation for both Correa and the Mets. What do you think of Mets owner Steve Cohen’s cursed apartment? Please share your thoughts in the comments below.