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

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

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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