Miss Cleo's boss, the Psychic Hotline King, commands 2nd-highest rent in NYC

Miss Cleo's boss, the Psychic Hotline King, commands 2nd-highest rent in NYC

We never saw this coming — but Steve Feder probably did!

The so-called Psychic Hotline King — the mogul behind 1990s infomercial star Miss Cleo — is now the proud landlord of New York City's second most expensive rental, a $100,000-a-month Time Warner Center penthouse, the New York Post reports. (Only Robert De Niro's 15 Central Park West pad costs more. The actor pays $125,000 a month.)

CLICK PHOTO FOR SLIDESHOW.
CLICK PHOTO FOR SLIDESHOW.

Not bad for a guy whose Psychic Readers Network had to forgive half a billion dollars in uncollected phone bills in order to settle a fraud lawsuit.

Feder bought a lower unit in the building for about $10 million in 2006, then flipped it to a neighbor a bit more than a year later for about $16 million. That's when he bought the penthouse, paying about $25 million for it in 2008. (Click here or on a photo for a slideshow.)

He's been trying to sell it since 2010, at wildly varying prices that went as high as $60 million. The apartment is on the 75th floor, with what the listing described as "jet liner views of the entire city, including the George Washington Bridge, panoramic views of Central Park, the East River, the Chrysler Building, Empire State Building, Wall Street, the Statue of Liberty and due west over the Hudson River." It has five bedrooms and seven bathrooms — including a 30-foot-long master suite with his-and-hers bathrooms — and two kitchens in its 4,340 square feet.

The renter, who signed a two-year lease for $100,000 a month, is described as a "Bermuda-based Canadian investor." Feder had been asking $110,000 a month. The unit rented a few years ago for $57,500 a month (having asked $67,500) and had been listed in 2013 at $89,000 a month.

Click here or on a photo for a slideshow of New York's second most expensive rental unit, owned by the Psychic Hotline King.

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Video on Manhattan rent:

The (in)famous Miss Cleo: