‘Wizard of Oz’ Greg Coffey Pays $50 Million-Plus for David Levinson’s New York Townhouse (The Wall Street Journal)
Australian hedge-fund manager Greg Coffey, nicknamed the “Wizard of Oz” for his impressive investor returns, has bought an Upper East Side townhouse for more than $50 million, according to two people familiar with the deal. The seller is David Levinson, a major New York real-estate developer. The six-story townhouse, located on East 69th Street, dates to the 1920s and is more than 16,000 square feet, records show. Mr. Levinson purchased it in 2004 for $9.5 million. Real-estate agent Adam Modlin of Modlin Group represented both sides of the transaction, which was done completely off-market.