Howard Lutnick, CEO of Cantor Fitzgerald, bought the Pierre hotel penthouse for $44m
The CEO of Cantor Fitzgerald, who lost 658 employees in the 9/11 attack, scooped up a New York City penthouse for $44millon after the price was more than halved.
Howard Lutnick is the newest resident of the iconic Pierre hotel after scoring the triplex apartment that was originally priced at a staggering $125million.
The 56-year-old businessman recently plucked up the 795 Fifth Avenue address overlooking Central Park after it sat on the market since 2013.
The 16-room penthouse comes with a $51,840 monthly maintenance fee, which should be a drop in the bucket for the billionaire.
In the 9/11 attack, Lutnick lost 658 employees, including his brother Gary. He would have also died but he was dropping off his children for their first day of school.
Lutnick's new penthouse digs at the Pierre hotel takes over the top three floors and comes with its own private elevator, reported Page Six.
The 16-room penthouse (center) comes with a $51,840 monthly maintenance fee for the view that overlooks Central Park. The three-floor property was originally priced for $125million
It was originally put on the market in 2013, for a whopping $125million, which would have been the city's most expensive apartment sale.
The price was first slashed to $95million in December 2013 but when no one snapped up the property, it was further marked down to $63million.
It was taken off the market and put back on in April after it was redesigned with a modern look and priced at $57million.
The home was owned by Martin Zweig, a stock investor and market expert who died aged 70 in 2013. He was well-known for predicting the 1987 stock market crash.
The 12,000 square foot property was originally bought by the late financier in 1999 for $21.5million.
The plushly decorated triplex has a ballroom, a library, four terraces, five fireplaces and some rather spectacular views of Manhattan.
Chandeliers come as standard in most rooms and a breathtaking marble staircase greets its visitors.
As property website Curbed reports, a broker once called the ballroom: 'The most important room in private ownership in New York City.'
RELATED ARTICLES
'There's no question it did a lot of good': Former CEO of... 
HBO hack is 'SEVEN times larger than the Sony breach of...
Share this article
Share
In the 9/11 attack, Lutnick lost 658 employees, including his brother Gary. He would have also died but he was dropping off his children for their first day of school
Lutnick is estimated to be worth $1billion and owns other properties in Manhattan, including a townhouse on the Upper East Side townhouse, a house in Bridgehampton and a summer home in Bal Harbour, Florida.
Lutnick is a noted philanthropist, donating millions of dollars to universities, natural disaster relief funds and to Global Charity Day.
He established the Cantor Fitzgerald Relief Fund after 9/11, a non-profit that aided families who were affected by the tragic event.
Lutnick has been CEO of the New York City company since 1991 and chairman since 1996.
On September 11, 2001, Lutnick would have died with the rest of his employees in the World Trade Center's North Tower, but he was taking his children to their first day of school.
ncG1vNJzZmivp6x7pa3IpbCmmZmhe6S7ja6iaKaVrMBwrdGtoJyklWKBeIGUcWtvZ3OWu7W70WZ9oqyqnLKzrcudZHx9f2LApLvOqapmhol4erGxza2fqK2jmnp1gMxnn62lnA%3D%3D