Madonna, The Material Girl, Sells Upper West Side New York City Co-Op To Hedge Fund Titan Deepak Narula

 @AlexCKaufman
on May 30 2013 3:02 PM
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Madonna sold her Upper West Side co-op to hedge fund manager Deepak Narula Realtor.com

Madonna has sold her 6,000-square-foot co-op on Central Park West to hedge fund manager Deepak Narula after a six-month-long listing.

The pop star sold her massive duplex in Harperley Hall on the corner of West 64th Street for less than the $19.995 million she was asking, the Wall Street Journal reported Thursday. The property was originally listed for $23.5 million.

But the price was well within Narula’s price range. The former mortgage-bond trader at Lehman Brothers Holdings is the principal and managing partner of Metacapital Management, a hedge fund that oversees more than $10 billion in assets, company filings showed.

Madonna had combined the fifth and sixth floors of the 15-room apartment at 41 Central Park West, and the building boasted its own gym, rooftop garden and doorman.

Photos on Realtor.com show the place had staid décor, somewhat unexpected for the glitzy Material Girl. The large living room has dark wood floors leading to a balcony. The walls are colored lavender. The marbled bathrooms are a stoic white.

Both Narula and a spokeswoman for Madonna did not immediately respond to requests from International Business Times for comment.

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