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Cabbage Patch CEO Snags Madoff Pad

Take a look at what $9M will get you in New York City

By Polly Davis Doig,  Newser Staff

Posted Feb 7, 2010 8:06 AM CST
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(Newser) – The guy who brought you Cabbage Patch Kids and Pokemon has snapped up the penthouse apartment of erstwhile Ponzi schemer Bernard Madoff, reports the New York Post. Al Kahn is the CEO of 4Kids Entertainment, and will be calling the 4000-square-foot lux digs in Manhattan's Upper East Side home sweet home. Asking price was reduced from from $9.9 million to $8.9 million; Kahn is thought to have paid just under.

This photo taken Tuesday, Sept. 8, 2009 in New York shows the master bedroom of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the master bedroom of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the master bedroom of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the master bedroom of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows one of the bathrooms in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows one of the bathrooms in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows foyer and dining room of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows foyer and dining room of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows Ruth Madoff's bathroom in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows Ruth Madoff's bathroom in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the living room of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the living room of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows Ruth Madoff's office in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows Ruth Madoff's office in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the patio of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the patio of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
In this Dec. 10, 1983, two Cabbage Patch Kids dolls are shown in a window display at Cartier's in Beverly Hills, Calif.
In this Dec. 10, 1983, two Cabbage Patch Kids dolls are shown in a window display at Cartier's in Beverly Hills, Calif.   (AP Photo/Mark Avery, file)
Pokemon creators Mr. Kubo and Mr. Ishihara and Al Kahn, who brought Pokemon to the US, at the premiere of 'Pokemon the Movie 2000' in Westwood, Calif., on July 15, 2000.
Pokemon creators Mr. Kubo and Mr. Ishihara and Al Kahn, who brought Pokemon to the US, at the premiere of 'Pokemon the Movie 2000' in Westwood, Calif., on July 15, 2000.   (Getty Images)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows boxes with personal belongings in a closet in Bernard Madoff's penthouse apartment.
This photo taken Tuesday, Sept. 8, 2009 in New York shows boxes with personal belongings in a closet in Bernard Madoff's penthouse apartment.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows a case of wine in the laundry room of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows a case of wine in the laundry room of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows the patio of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows the patio of Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows baccarat crystal labeled for sale in the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side.
This photo taken Tuesday, Sept. 8, 2009 in New York shows baccarat crystal labeled for sale in the kitchen of Bernard Madoff's penthouse apartment on the Upper East Side.   (AP Photo/Mary Altaffer)
This photo taken Tuesday, Sept. 8, 2009 in New York shows Ruth Madoff's office in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.
This photo taken Tuesday, Sept. 8, 2009 in New York shows Ruth Madoff's office in Bernard Madoff's penthouse apartment on the Upper East Side of Manhattan.   (AP Photo/Mary Altaffer)
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COMMENTS
Showing 3 of 11 comments
schmidtkoff
Feb 17, 2010 3:35 AM CST
really - money certainly can't buy taste. it IS dark and dingy @jaguarj, and totally uninspiring. where's the some cool pieces of art or where's an eclectic mix dynamic design?
wtf_wtf
Feb 8, 2010 7:47 AM CST
lol treadmill in the bathroom
blues_junky
Feb 8, 2010 4:18 AM CST
I wasn't familiar with him, but I LOVE IT!!! Cat's got soul to the bone. Be nice to see sumptin' come out of this for him.....he's oozin' talent! BTW, I'm thinkin' of just postin' links to vids that relate to a story.....might keep me oughta trouble, huh? Go back to the story about Linsey Lohan and check out that link. I swear Warren Haynes had her in mind when he wrote it.....

 
real estate • New York real estate • New York City • Upper East Side • Ponzi scheme • Bernard Madoff • Al Kahn • Cabbage Patch Kids

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