Hedge Funds

Loeb: $45 million buys top-shelf view


Activism might be facing an uncertain future, but Third Point's Dan Loeb can ride it out, watching the rest of the city sweat while enjoying the vista from the 709-foot wraparound terrace on his new $45 million apartment, for which he reportedly paid cash. Loeb finally closed on the penthouse at 15 Central Park West, all 10,674 square feet's worth, after contracting to buy the apartment in 2005. Amenities include an English oak-paneled library and climate-controlled wine rooms.

Dan Loeb