LLNYC’s Look at Listings: Late hedge funder’s townhouse returns to the market

7 East 67th Street (credit: Brown Harris Stevens)

From LLNYC’s Look at Listings: In 2007, the late hedge funder Charles Murphy bought the 25-foot-wide house at 7 East 67th Street from Matthew Bronfman, an heir to the Seagram’s booze fortune. Murphy paid $33 million for the place, a then-record.

According to The Real Deal, in 2009, it was discovered that the hedge fund he worked for at the time, Fairfield Greenwich Group, invested more than $7 billion with Bernie Madoff. Murphy was unemployed when, upon learning a neighbor was about to sell her townhouse for $25 million, he tried to tempt the would-be buyer in his own home instead. [more]

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