MORE

Madoff Penthouse Sold; Madoff Pad in Palm Beach Still on Market

Madoff's Palm Beach paradise lost.
Madoff's Palm Beach paradise lost.
Flickr

Considering that Bernie Madoff built himself a cabbage patch of investors, it's fitting that his former Manhattan penthouse would be purchased by the couple who made their millions from the Cabbage Patch franchise of dolls, Al and Patsy Kahn, who talked to the Times of London.

And you've gotta love this quote, which sounds like it came from the caption of a New Yorker cartoon:

"He was worried about the karma, but I just loved the terrace," Mrs Kahn said.

Alas, no buyer has yet found Bernie's terrace in Palm Beach to be inducement enough to risk the karma that comes with it. The article notes that the asking price has dropped from $8.5 million to $7.2 million.


Sponsor Content

Newsletters

All-access pass to top stories, events and offers around town.

Sign Up >

No Thanks!

Remind Me Later >