Hedge Funds

A photo of Steve Cohen's demolished $62-million mansion

Steve Cohen destroys $62.5M mansion

Ever wonder what a destroyed house in the Hamptons looks like? Check this out.

The image below shows the now-dismantled $62.5-million mansion belonging to hedge fund manager Steve Cohen. What remains of the beach-front structure includes a partial, skeleton-like frame, a flag pole and remnants of masonry.

And here is what the mansion looked like just a couple weeks ago:

The oceanfront house in East Hampton that was torn down by Steve Cohen.
Doug Kuntz | The New York Times/Redux

According to the New York Post, Cohen destroyed the home, which he never occupied, so he could build a new one on the site.

A spokesman for Cohen reached Monday morning declined to comment.