Steve Madden Purchases Trump Condo for $15M

Shoe designer Steve Madden has purchased a sprawling 4,000-square-foot unit at the luxurious Trump Palace for $15 million—which is quite a steal considering it was listed for $16.9 million. 

Madden purchased the 200 East 69th Street four-bedroom, three- bathroom condo, which is actually comprised of two combined units, from real estate millionaire Richard Hadar. The condo was recently remodeled by Hadar with exquisite new features, such as an imported Italian marble fireplace from the 19th century.  

The Queens native Madden, who founded the Steve Madden footwear company, also secured two storage units for his wife Wendy and three children in the 57-story condominium building which, of course, also features concierge services and a gym.