NYC
04/10/2010 05:12 am ET Updated May 25, 2011

Alfred R. Kahn, 4Kids CEO, Buys Bernie Madoff's Apartment (PHOTOS)

After nearly five months on the market, Bernie Madoff's penthouse apartment has gone into contract.

The swanky Upper East Side pad was originally listed for $9.9 million back in September, but was later cut to $8.9 million.

Alfred R. Kahn, the CEO of 4Kids, is reported to be the new owner of the 133 East 64th Street apartment.

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Madoff's Penthouse Sells
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Madoff's Penthouse Sells