By jackknight12 (2013-12-11)
This is the Redding, CT home of Joel W. Cohen and Sandra K. Cohen. Joel W. Cohen was the former President and Chief Executive Officer of Micrognosis Inc.
Mr. Cohen sold trading machines during the mid-1980's Lehman Bros., J.P Morgan and Goldman Sachs. He worked as a Managing Director at Intel before launching Micrognosis Inc. in 1978. Over the course of 20 years as the companies President and Chief Executive Officer, Mr. Cohen led Micrognosis Inc. to a 70% market share, trading the highest volume of trading machines to Wall Street. From 1997-2002, Mr. Cohen was involved and Internet start-up Spincycle, a nationally recognized laundromat chain, later selling the company for an undisclosed figure. In addition to his Connecticut residence, he also has homes in Miami Beach, Florida and Cape Cod, Massachusetts as well as commercial real estate investments. Mr. Cohen grew up in Brooklyn, New York and is a graduate of Stuyvesant High School and then the City College of New York.
The home has a current appraised value of $2,417,300, according to public property records. There are 6 bedrooms, 5 full bathrooms, and 1 half bathroom in the house. The property features a billiards room, a heated swimming pool, as well as a hot tub, sauna, and observation deck overlooking 5 acres of property including a private pound.