Matrix Capital’s Goel Buys NYC Co-Op for $19 Million

Hedge-fund manager David Goel bought an apartment on Manhattan’s Fifth Avenue for $19 million, according to New York City public records filed today.

The seller was Charles Bronfman, the billionaire philanthropist and Seagram Co. beverage scion. The three-bedroom co-op, spanning the entire sixth floor of 810 Fifth Ave., had been listed for $19.9 million, according to real estate website

The apartment is in a 13-story limestone building at the corner of 62nd Street that was completed in 1926. The unit has a library, two fireplaces and a “master bedroom suite with his and hers ensuite marble-clad baths and two custom-fitted dressing rooms,” according to the listing by Serena Boardman, a broker at Sotheby’s International Realty.

Goel’s Matrix Capital Management fund, based in Waltham, Massachusetts, was second on Bloomberg Markets magazine’s list of top-performing large hedge funds for the first 10 months of 2013. The fund had $1.6 billion in assets and had gained 56 percent last year through October, after recording a 20 percent gain in 2012, the magazine reported.

Bronfman, chairman of the Andrea and Charles Bronfman Philanthropies Inc., bought the apartment for $21 million in 2010, according to real estate website Calls to Bronfman and Goel seeking comment on the deal weren’t immediately returned.

David Geffen, co-founder of movie studio DreamWorks SKG, paid $31.5 million for a penthouse at 810 Fifth Ave. in 2006, according to

To contact the reporter on this story: Craig Giammona in New York at

To contact the editor responsible for this story: Kara Wetzel at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.