Three top executives from hedge fund Elliott Management are putting their multimillion-dollar New York apartments on the market.
According to a report from The Wall Street Journal's Katherine Clarke and Cara Lombardo, the three luxury properties are being listed for sale amid a migration to Florida among Wall Street firms and executives. Insider's Daniel Geiger and Alex Nicoll reported in January that Elliott Management was close to signing a deal to move into a 40,000-square-foot office building in West Palm Beach, and Goldman Sachs, Blackstone, and Citadel are also reportedly planning moves to the Sunshine State.
Wall Street luminaries like Carl Icahn and Charles Schwab have also relocated from New York to Florida, and in January, hedge-fund billionaire Dan Loeb purchased a mansion in Miami Beach for $20 million. Earlier this month, the Journal reported that David Tepper is reportedly planning to buy a $73 million mansion in Palm Beach.
The properties now up for sale in New York include a $40 million apartment, which the Journal reports belongs to Elliott's founder, Paul Singer. The roughly 7,500-square-foot apartment has five bedrooms and six bathrooms and is located on New York's Upper West Side. Singer plans to leave New York City but continue to live in the Northeast, the Journal reports.
Elliott's co-CEO, Jonathan Pollock, is living in South Florida and is also selling his Upper West Side home, the Journal reports. The listing includes two adjacent apartments, which are listed for a combined $25 million. They span approximately 8,373 square feet and, combined, have seven bedrooms and a total of nine bathrooms.
And Elliott partner Jesse Cohn, who led the attempt last year to oust Twitter CEO Jack Dorsey and now sits on Twitter's board, is selling his New York apartment as well and plans to move to West Palm Beach, according to to the Journal.
A spokesperson for Elliott declined to comment.
Cohn's apartment, which spans 6,000 square feet, is being listed by Compass for $39.5 million. Take a look inside.
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