Steve Roth is looking for a Madoff-like return on investment on a Montauk beach home once owned by the notorious Ponzi schemer. The Vornado Realty Trust chairman his wife Daryl have listed the waterfront property for $21 million, according to the Wall Street Journal. Roth bought the pad in 2009 for $9.4 million. The U.S. Marshals Service handled the sale, and proceeds went to victims of Madoff’s Ponzi scheme. It’s about to hit the market […]
source https://therealdeal.com/2018/04/11/steve-roths-montauk-beach-house-is-hitting-the-market/
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