A Cell for Bernie Madoff, but Where Will Ruth Live?

By Alison Rogers | Jun 29, 2009 |

So Bernie Madoff has been sentenced to 150 years. Good riddance. He’s been used to a multi-milion-dollar duplex on the Upper East Side, but now he’ll have to get by with a simplex cell — and possibly a roommate. The good news is that where he’s going, there’s laundry in the building.

However, the New York Post reports today that Madoff’s wife Ruth is having more of a problem finding new digs. She’s got to vacate the duplex, which is going up for sale. Even though she’s still got $2.5 million — plenty of money with which to prepay a year’s rent — seems no like respectable landlord will rent to her. The Post reports that she is apartment hunting using her maiden name of Ruth Alpern, but still, nobody wants her.

She could try moving about half a mile away and bunking down with son Andrew, although he does live (horrors) on the mere fifth floor. Or maybe she should try Craigslist.

 

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Alison Rogers

Since graduating from Harvard summa cum laude, Alison Rogers has been a reporter, an editor, a real-estate agent, a Wall Street desk jockey, a columnist, a failed flipper, and a landlady. A member of the National Association of Realtors, she currently sells and rents luxury co-ops in Manhattan for the Chelsea-based firm DG Neary. (If you've got $27,500 a month, the firm has an apartment for you!) Her book, Diary of a Real Estate Rookie, was called "a valuable guide for rookie buyers" by AOL/Walletpop, "beach-read fun" by the New York Observer, and "witty" by Newsweek.

Alison Rogers

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