Angle Earlier Press

ANGLE EARLIER PRESS

7/17/23, 8:37 AM

Couple who paid about $170M for mansion has sold other Palm Beach home

REAL-ESTATE

Couple who paid about $170 million for Palm Beach mansion has sold other home across town Car dealer Michael Cantanucci and wife Kimberly part with 240 Clarke Ave. in Midtown for $32.375 million, the price first reported in the MLS. Darrell Hofheinz Palm Beach Daily News Published 6:04 a.m. ET July 17, 2023

Updated 8:31 a.m. ET July 17, 2023

Said to have set a new residential sales record in Palm Beach three months ago when they paid around $170 million for a North End oceanfront mansion, luxury car dealer Michael Cantanucci and his wife, Kimberly, have now sold their awardwinning home across town on Clarke Avenue for $32.375 million.

Or so it appears from the updated sales listing for the house at 240 Clarke Ave., which the Cantanuccis bought in 2014 through an ownership company for a price recorded at about $12.9 million.

The Clarke Avenue sale closed Friday, the multiple listing shows.

The house on Clarke Avenue has five bedrooms and 7,140 square feet of living space, inside and out, according to the property records and the multiple listing service. Completed in 2009, it won the Palm Beach Preservation Foundation’s Schuler Award for excellence in new architecture in 2012.

A deed for the sale had not been recorded Friday, so the identity of the buyer wasn’t yet available in public records. It was also unclear if the price expected to be

https://www.palmbeachdailynews.com/story/business/real-estate/2023/07/17/florida-real-estate-couple-who-paid-about-170m-for-mansion-has-sold-ot…

1/5

7/17/23, 8:37 AM

Couple who paid about $170M for mansion has sold other Palm Beach home

recorded by the Palm Beach County Clerk’s office would match the one reported in the multiple listing service with the closed listing.

Property records show the house on Clarke Avenue was owned by a Delawareregistered limited liability company named KMC Property Holdings. The initials in the company’s name match those of the Cantanuccis.

The Cantanuccis were widely reported to have been the buyers in April of a beachfront mansion at 589 N. County Road, which was sold by Green Mountain/Keurig coffee tycoon Robert Stiller and his wife, Christine. The sales price for that record-setting deal was not documented in courthouse records because of the way the private sale was structured. But the Palm Beach Daily News confirmed that the mansion traded at about $170 million.

RECORD-SETTING DEAL IN PALM BEACH: Palm Beach oceanfront home sells for around $170 million, beating previous record by millions Broker Christian Angle of Christian Angle Real Estate acted on behalf of the buyers on North County Road.

Angle also held the listing for the house on Clarke Avenue. He represented the buyer in its sale as well, according to the MLS. Angle listed the Clarke Avenue house in late March at $34.95 million and had it under contract by the middle of April, the MLS shows.

Angle and the Cantanuccis could not be reached for comment.

Palm Beach house on Clarke Avenue features Mediterranean-style architecture Michael Cantanucci’s New Country Motor Car Group and its divisions own Mercedes-Benz, Maserati, Ferrari, Porsche and other luxury-car dealerships and accident-repair centers in Florida, Connecticut, New York, Maryland and Pennsylvania. https://www.palmbeachdailynews.com/story/business/real-estate/2023/07/17/florida-real-estate-couple-who-paid-about-170m-for-mansion-has-sold-ot…

2/5

7/17/23, 8:37 AM

Couple who paid about $170M for mansion has sold other Palm Beach home

Headquartered in Saratoga Springs, New York, the company’s Florida portfolio includes Ferrari, Mercedes and Maserati dealerships in West Palm Beach; a Mercedes dealership in North Palm Beach and a Ferrari dealership in Naples on the west coast.

The house on Clarke Avenue is the fifth property west of South County Road and stands on a lot measuring two-fifths of an acre. It was designed in a clean-lined, Mediterranean style by Smith Architectural Group’s principal architect, Jeffery Smith, who is the chairman of the Palm Beach Architectural Commission.

Built by Davis General Contracting, the house has elaborate millwork, detailed cypress ceilings and floors of hardwood and stone, according to Angle’s listing, which described the layout as “perfect for entertaining.” The floorplan includes a formal dining room and a generously proportioned living room with a fireplace.

The wood-paneled library — with built-in cabinetry and a marble fireplace — leads to a wet bar and wine room.

French doors in several of the public rooms open to the pool patio or access the poolside loggia.

The well-equipped kitchen has high-end appliances, a breakfast nook and a nearby butler's pantry. And the primary suite offers three walk-in closets, two en-suite baths and a terrace overlooking the pool.

Other features include an outdoor fireplace, a whirlpool spa, front motor court and a two-car garage accessed by a service drive.

The Cantanuccis’ ownership company bought the Clarke Avenue house from retired communications mogul and private-equity specialist Jeff Marcus and his wife, Nicola, who built it as custom home.

Jeff Marcus commissioned the house shortly before he became engaged to his wife, who helped oversee the project, he told the Palm Beach Daily News is 2012.

“We really wanted a house where we could live in every room — a home that would work well when just the two of us were here or when we had house guests or dinner

https://www.palmbeachdailynews.com/story/business/real-estate/2023/07/17/florida-real-estate-couple-who-paid-about-170m-for-mansion-has-sold-ot…

3/5

7/17/23, 8:37 AM

Couple who paid about $170M for mansion has sold other Palm Beach home

guests,” Jeff Marcus said.

After selling the house nine years ago, the Marcuses bought a beachfront estate on North Ocean Boulevard, which they sold three years ago to an ownership company linked to rocker Jon Bon Jovi and his wife, Dorothea Hurley.

April sale around $170 million likely the second-highest ever in Florida When The Wall Street Journal covered the Cantanuccis’ purchase on North County Road in April, the newspaper reported that the couple had sold an apartment at 220 Central Park South in New York City “for just over $40 million in 2021 and are buying an over-$50 million unit at 111 West 57th Street.”

In the record-setting sale on North County Road, broker Lawrence Moens of Lawrence A. Moens Associates acted on behalf of the Stillers. Moens, Angle and their clients have not commented publicly about the sale on North County Road.

The North County Road sale is likely the second-highest in the state, following the June 2022 purchase of a Manalapan estate by software billionaire Larry Ellison of Oracle Corp for a recorded $173 million.

The previous sale price record in Palm Beach was set in March when the estate of the late Rush Limbaugh sold for a recorded $155 million. A company linked to cosmetics billionaire William P. Lauder bought the former Limbaugh estate, which comprises three separate parcels, including the main house at 1495 N. Ocean Blvd.

Robert Stiller co-founded and is the former CEO of the Keurig Green Mountain coffee empire. The company today is known as Keurig Dr Pepper Inc. Shortly after parting with the house on North County Road, the Stillers used an ownership company to pay a recorded $66 million for a lakefront house at 1350 N. Lake Way in Palm Beach. That house was sold by a company associated with resort-and-casino billionaire Steve Wynn and his wife, Andrea Hissom Wynn, who had renovated it for resale. Moens handled both sides of the North Lake way deal. https://www.palmbeachdailynews.com/story/business/real-estate/2023/07/17/florida-real-estate-couple-who-paid-about-170m-for-mansion-has-sold-ot…

4/5

7/17/23, 8:37 AM

Couple who paid about $170M for mansion has sold other Palm Beach home

DOWNSIZING IN PALM BEACH: Couple who sold Palm Beach home for about $170 million buys another for $66 million * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/07/17/florida-real-estate-couple-who-paid-about-170m-for-mansion-has-sold-ot…

5/5

8/4/23, 2:52 PM

Fox's Bret Bair buys Palm Beach house for $37 million near the ocean

REAL-ESTATE

Fox's Bret Baier buys Palm Beach house for $37 million in private deal Fox News host Bret Baier just bought a house at 125 Wells Road for a recorded $37 million; he has his other home in town listed at about $16.5 million.

Darrell Hofheinz Palm Beach Daily News Published 2:12 p.m. ET Aug. 4, 2023

Updated 2:38 p.m. ET Aug. 4, 2023

Fox News’ host Bret Baier appears to be upsizing in Palm Beach, having just paid a recorded $37 million for an ocean-block house on Wells Road. The house is about a mile away from the smaller home Baier and his wife, Amy, bought early last year from fashion designer and real estate investor Tommy Hilfiger Baier bought the house at 125 Wells Road as trustee of a trust in his full name, William B. Baier, according to the deed recorded Friday for the off-market sale.

Baier purchased the house on Wells Road from longtime Palm Beach resident Roberta Weiner, whose husband is Boston real estate developer Stephen R. Weiner. He founded S.R Weiner & Associates and co-founded WS Development and Weiner Ventures.

Roberta Weiner sold the house “individually” and as trustee of the 125 Wells Road Land Trust, the deed says.

Bret Baier hosts Fox News’ “Special Report with Bret Baier” and is the news division’s chief political anchor. Before that, he was the network's chief White House correspondent and Pentagon correspondent.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/04/foxs-bret-bair-buys-palm-beach-house-for-37-million-near-the-ocean/705…

1/5

8/4/23, 2:52 PM

Fox's Bret Bair buys Palm Beach house for $37 million near the ocean

Built in 1992, the house Baier just bought had not changed hands since 2013, when it sold for recorded $10.95 million, property records show. After their purchase, the Weiners extensively renovated the house, records show.

The Wells Road house has five bedrooms and 7,798 square feet of living space, inside and out, property records shows. That’s about 2,300 square feet larger than the house the Baiers bought for a recorded $12 million from Hilfiger’s ownership company in early 2022 at 244 Fairview Road. The Baiers have the Fairview Road house, which was completed in 2021, listed for sale at $16.495 million.

The house on Wells Road was developed by the late developer Robert Gottfried in his signature Palm Beach Regency style on a lot measuring about three-fifths of an acre. On the near North End, the house is the fourth property west of the beach on a street about a half-mile north of The Breakers golf course.

A previous sales listing shows the house on Wells Road has many of the classically inspired architectural signatures of Gottfried-built houses, including a clean-lined silhouette and a front porch with columns supporting a triangular pediment.

The two-story residence has generously proportioned rooms with 14-foot ceilings, multiple windows and large expanses of glass doors fitted with impact-resistant glass. The layout includes formal living and dining rooms, a family room, a library and an exercise room, according to the previous sales listing, which noted that rooms are appointed with custom moldings and millwork. The expansive primarybedroom suite has two bathrooms.

A covered loggia faces the back yard and the 40-by-20-foot swimming pool, which is set amid formal landscaping.

Broker Christian Angle is said to have acted on behalf of Bret Baier in the Wells Road deal. Angle and Baier could not be immediately reach for commenyt.

Agents Dana Koch and Paulette Koch of the Corcoran Group handled the sellers’ side, according to sources familiar with the transaction. https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/04/foxs-bret-bair-buys-palm-beach-house-for-37-million-near-the-ocean/705…

2/5

8/4/23, 2:52 PM

Fox's Bret Bair buys Palm Beach house for $37 million near the ocean

ON THE MARKET IN PALM BEACH: Fox News' Bret Baier asking $16.5M for Palm Beach home he bought for $12M in 2022 Stephen Weiner has developed shopping centers, mixed-use projects and other real estate developments in the Boston area since the early 1980s.

Roberta Weiner bought the house on Wells Road from Carol Lee “Leezy” Sculley, who once shared with ex-husband John Sculley, a former CEO of Apple and a former chairman of Pepsico.

In September 2015, the Weiners set what was then a price record for an oceanfront condominium when they sold their renovated two-bedroom unit at 2 N. Breakers Row for a recorded $12 million to a Boston-based trust. In 2021, the trust sold that apartment — No. N-31, with 3,245 total square feet — for a recorded $12.08 million.

Angle holds the listing for the three-bedroom Bermuda-style house the Baiers are selling on Fairview Road. They bought it in February 2022 from a limited liability company controlled by Hilfiger and his wife, handbag designer Dee Ocleppo Hilfiger.

The Hilfigers had used a limited liability company named Villa Deniz LLC to buy the Fairview Road House house for a recorded $9 million in March 2021 when it was brand new. The Hilfigers, who have two other homes in Palm Beach, this year flipped, for a recorded $41.38 million, a landmarked estate they bought as an investment property on South Ocean Blvd.

The Bermuda-style, two-story house on Fairview Road has 4,970 square feet of living space, inside and out, records show. It stands on a lot of about a quarter-acre on a road bordering the south end of the Palm Beach Country Club.

Angle handled both sides of the 2021 deal when the Baiers bought the house on Fairview Road from the Hilfiger-controlled company. Angle listed it for sale in early June, the multiple listing service shows. https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/04/foxs-bret-bair-buys-palm-beach-house-for-37-million-near-the-ocean/705…

3/5

8/4/23, 2:52 PM

Fox's Bret Bair buys Palm Beach house for $37 million near the ocean

When Roberta Weiner bought the house on Wells Road in 2013, broker Linda Gary of Linda A. Gary Real Estate represented Roberta Weiner in the off-market deal.

Gary also handled both sides of the 2015 sale when the Weiners’ sold the Breakers Row apartment.

Gary previously had marketed the Wells Road house at $23 million but the listing was withdrawn from the MLS in March 2020, records show.

Baier isn’t the only Fox News host who owns property in Palm Beach. Conservative firebrand Sean Hannity owns a townhouse, which he bought for a recorded $5.3 million in April 2021, in the Residences at Sloan’s Curve on the South End. dhofheinz@pbdailynews.com BIG DEALS IN PALM BEACH: Couple who paid about $170 million for Palm Beach mansion has sold other home across town * This is a developing story. Check back for any updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/04/foxs-bret-bair-buys-palm-beach-house-for-37-million-near-the-ocean/705…

4/5

11/7/23, 8:30 AM

House on a rare hillside lot in Palm Beach sells for $15.5 million

REAL-ESTATE

Palm Beach house with high elevation on Chapel Hill Road in Midtown fetches $15.5 million The house at 309 Chapel Hill Road was built in 1981 by the late developer Robert Gottfried.

Darrell Hofheinz Palm Beach Daily News Published 5:33 a.m. ET Nov. 7, 2023

Updated 5:33 a.m. ET Nov. 7, 2023

A house on one of the highest points in Midtown Palm Beach has sold for $15.5 million, the price reported with the closed sales listing in the multiple listing service.

The four-bedroom house at 309 Chapel Hill Road was the home of Robert Dettmer and his late wife, Patricia.

A deed for the sale had not been recorded as of Monday, so the identity of the buyer was not yet available in public records. It was also unclear if the price reported in the MLS would match the one expected to record at the Palm Beach County Courthouse.

Built in 1981, the house has 5,050 square feet of living space, inside and out. It stands on a lot measuring about a third of an acre.

The property is on a tucked-away cul-de-sac bordered on the north by the Royal Poinciana Chapel. The short lake-block street traverses a hill that rises toward the waterfront from Cocoanut Row, an unusual topographical setting in Midtown.

“It’s very quiet and we are 15 feet above sea level," Robert Dettmer told the Palm Beach Daily News in July, shortly after he listed the house for sale at just under $16 million.

Higher elevations have become key selling points over the past several years in Palm Beach amid stiffer federal flood-plain regulations and buyers’ concerns about the possibility of flooding in an era of climate change and rising seas.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/11/07/florida-real-estate-house-on-a-rare-hillside-lot-in-palm-beach-sells-for-mo…

1/3

11/7/23, 8:30 AM

House on a rare hillside lot in Palm Beach sells for $15.5 million

The house was built by the late developer Robert Gottfried in his signature “Gottfried Regency” style. The architecture features a blend of classical elements with a symmetrical façade, pilasters and ball finials at the roofline.

The layout features an open-air courtyard with an awning-covered patio on one side of the main living area. On the other side is an enclosed loggia facing the pool.

READ MORE ABOUT THE HOUSE: Palm Beach Regency-style house on Chapel Hill Road listed at just under $16 million With ties to Greenwich, Connecticut, the Dettmers bought the house from the late interior designer Ann Downey for $4.53 million in 2010, according to property records.

Before his retirement in 1996, Robert Dettmer’s professional resume including longtime tenure as an executive with Pepsico, where his duties included serving as president of PepsiCola Bottling Group in Purchase, New York.

Patricia Dettmer was a former stock portfolio analyst and bond trader. She died at 90 on June 12.

Broker Linda R. Olsson of Linda Olsson Inc, Realtor, listed the house for sale in late June.

The house landed under contract in early October, and the sale closed Nov. 2.

The MLS shows the buyer’s side of the sale was handled by Christian Angle, broker at Christian Angle Real Estate.

The house twice had other contracts pending after it was listed but the deals fell through, the MLS shows.

Ceilings in most of the rooms rise 12 feet, and floors are finished in marble, hardwood and tile. Abundant windows and glass doors bring natural light into the interior, which features generously proportioned rooms.

ON THE MARKET IN PALM BEACH: Listed at $31.5 million, apartment sets a new asking-price record for a Palm Beach condo When they first saw the house, the Dettmers were impressed with its condition and Downey’s interiors, Dettmer recalled in July.

“It didn't need any construction work, and Ann helped us decorate the house — that was part of our deal,” he said. https://www.palmbeachdailynews.com/story/business/real-estate/2023/11/07/florida-real-estate-house-on-a-rare-hillside-lot-in-palm-beach-sells-for-mo…

2/3

11/7/23, 8:30 AM

House on a rare hillside lot in Palm Beach sells for $15.5 million

Design details include a wood-burning fireplace in the living room and a wet bar off the foyer.

Bath fixtures throughout are by Sherle Wagner International.

Other selling points mentioned in the sales listing included an electrical connection to charge a Tesla, a full-house generator and electrically operated shutters.

Chapel Hill Road has only five houses and they rarely enter the market. But a lakeside house at 315 Chapel Hill Road, at the western terminus of the street, was recently listed by Angle at $59.5 million. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/11/07/florida-real-estate-house-on-a-rare-hillside-lot-in-palm-beach-sells-for-mo…

3/3

12/2/23, 10:14 AM

House sale on North End of Palm Beach tops $15 million. Here's why

REAL-ESTATE

Two generations of same Palm Beach family linked to home that just sold for $15.25 million The four-bedroom house at 156 Seagate Road was completed in 2017.

Darrell Hofheinz Palm Beach Daily News Published 4:53 p.m. ET Dec. 1, 2023

Updated 9:35 a.m. ET Dec. 2, 2023

The $15.25-million sale of a four-bedroom house on the North End’s Seagate Road has closed a real-estate chapter for an extended Palm Beach family with ties to Michigan.

The sellers — aircraft sales executive Michael W. McDonald Jr. and wife Megan Saur McDonald — bought 156 Seagate Road in October 2020 from her parents, Lisa and Mark Saur, via a deed recorded at $4.136 million.

The Saurs, in turn, had commissioned the “island-colonial”-style house, which was completed in 2017. When the Architectural Commission reviewed the plans for it, the panel learned that the Saurs intended to use the new residence as a guesthouse for their children on visits, town records show.

The Saurs, meanwhile, had built themselves an oceanfront home across town, where they still reside.

The Saurs deeded the house on Seagate Road to their daughter and son-in-law several months into the unexpected real estate boom in Palm Beach that followed the arrival of the coronavirus pandemic in March 2020. Palm Beach home prices climbed precipitously over the next two years to record highs. And although the housing rush appears to be over, overall prices haven’t yet receded, especially for newer, move-in ready homes such as the one on Seagate Road.

The “island colonial”-style house, is on the south side of the street. Its quarter-acre lot is the second one east of the Sailfish Club of Florida. https://www.palmbeachdailynews.com/story/business/real-estate/2023/12/01/florida-real-estate-house-sale-on-north-end-of-palm-beach-tops-15-millio…

1/4

12/2/23, 10:14 AM

House sale on North End of Palm Beach tops $15 million. Here's why

The house has 4,450 square feet of living space, inside and out.

MORE PALM BEACH REAL ESTATE NEWS: Palm Beach home of 'This Old House' star Bob Vila enters the market at $52.9 million Broker Christian Angle of Christian Angle Real Estate represented the McDonalds in the justclosed deal, with agent Margit Brandt of Premier Estate Properties handling the buyer’s side.

Brandt declined to discuss the sale, and Angle could not be immediately reached for comment Friday.

The McDonalds and the Saurs also could not be reached.

The sale closed Thursday, the multiple listing shows, but a deed for the transaction had not been recorded as of Friday. That means the identity of anyone on the buyer’s side isn’t yet available in public records. It’s also unclear if the $15.25-million sale price reported in the MLS will match the one expected to be recorded by the Palm Beach County Clerk’s office.

Palm Beach home’s living room has vaulted ceiling, fireplace The sale came together quickly, the MLS shows. Angle listed the house at just under $17 million on Sept. 22 and had it under contract about two weeks later.

Angle also orchestrated the sale in 2014 when the Saurs bought the property on Seagate Road for about $1.64 million.

The McDonalds had their house homesteaded as their primary home in the latest tax rolls.

MAR-A-LAGO MISTAKE: Oops! Eric Trump denies Mar-a-Lago sold for $422 million; Zillow admits listing error Angle’s sales listing described the open floor plan, which includes a living room with a vaulted-and-beamed ceiling, a brick fireplace and wall-to-wall, pocket-style slidingglass doors. The dining room is near the kitchen, which features Bianco Superiore quartzite countertops and a work island with seating for five.

The primary bedroom suite is on the ground floor — a prime selling point for many buyers today — and features an office, built-in cabinetry and an “oversized bath and closet,” the listing said.

The two-car garage accesses a mudroom with a bench and built-in cabinetry. https://www.palmbeachdailynews.com/story/business/real-estate/2023/12/01/florida-real-estate-house-sale-on-north-end-of-palm-beach-tops-15-millio…

2/4

12/2/23, 10:14 AM

House sale on North End of Palm Beach tops $15 million. Here's why

Facing the backyard, the open-air loggia has a vaulted ceiling and motorized screens to cover its openings. The outdoor amenity list includes a built-in grill, a shower, a whirlpool spa and a 40-foot pool.

Architect Roger Janssen of Dailey Janssen Architects designed the house. Benitz Building was the contractor.

Residents of Seagate Road have access to the neighborhood’s North Shore Beach Club, which includes a beach cabana with a dining area, a waterfront patio and hammock area.

Saurs’ custom home faces beach in Midtown Palm Beach Mark McDonald is a sales director for JetEffect, which buys and sells aircraft. The company has an office in Jupiter among its six locations across the country.

Fourth-generation fruit growers, the Saurs co-founded Old Orchard Brands, a Michiganbased fruit-juice company headquartered in Sparta near Grand Rapids. The company offers more than 100 varieties of bottled and frozen juice products, according to its website.

The Saurs’ Palm Beach residence is an island-colonial-style home they completed in 2014 on nearly an acre of oceanfront at 102 Seaview Ave. in Midtown. It was also designed by Janssen and built by Benitz Building.

Angle acted on the Saurs’ behalf when they bought the Seaview Avenue lot and an adjacent one for about $9 million in 2012 from Donald R. and Irene Dizney, who were represented by the agent Jim McCann, then of Corcoran Group but today with Premier Estate Properties.

FROM THE 2012 ARCHIVES: Saur trust pays nearly $9 million for oceanfront lots on Seaview Avenue * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Emaildhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. https://www.palmbeachdailynews.com/story/business/real-estate/2023/12/01/florida-real-estate-house-sale-on-north-end-of-palm-beach-tops-15-millio…

3/4

12/21/23, 11:55 AM

Sale of Palm Beach condo, bought in unusual 2012 swap, tops $10M

REAL-ESTATE

On Palm Beach's Breakers Row, condo sells for $10.125 million; it was part of a 2012 swap The estate of the late Charlotte “Chris” Marden sells oceanfront Unit N-43 at 2 N. Breakers Row to a Delaware limited liability company.

Darrell Hofheinz Palm Beach Daily News Published 6:49 p.m. ET Dec. 20, 2023

Updated 9:45 p.m. ET Dec. 20, 2023

The estate of the late Charlotte M. “Chris” Marden has sold her direct-oceanfront condominium and its poolside cabana at Palm Beach’s 2 N. Breakers Row for a recorded $10.125 million.

The buyer of Unit N-43 was Capricorn Properties LLC, a Delaware-registered limited liability company, according to the deed. Because of Delaware’s strict corporate privacy laws, no other information about the buyer was immediately available in public records.

Marden, who died Oct. 26 at age 96, had acquired the apartment in 2012 through a rare condo swap in the building. In that off-market deal, investor and former investment banker Roy J. Zuckerberg paid Marden a recorded $9.85 million for her penthouse — and she, in turn, paid a recorded $4 million for the smaller condo he owned with his wife, Barbara.

The two-bedroom condo that just changed hands is immediately below the penthouse Roy Zuckerberg bought. The parties also traded cabanas in the 2012 deal.

FROM THE 2012 ARCHIVES: Breakers Row penthouse, apartment owners Marden, Zuckerberg trade spaces in Palm Beach James P. Marden signed the deed recorded Dec. 15 as the personal representative of his mother’s estate.

The listing placed by broker Lawrence Moens of Lawrence A. Moens Associates marketed the apartment as “a rare opportunity” to own a condo with “sweeping ocean views” and “ready https://www.palmbeachdailynews.com/story/business/real-estate/2023/12/20/florida-real-estate-sale-of-palm-beach-condo-bought-in-unusual-2012-sw…

1/3

12/21/23, 11:55 AM

Sale of Palm Beach condo, bought in unusual 2012 swap, tops $10M

for immediate use.”

The condo has 3,131 square feet of living space, inside and on its covered terrace, according to its sales listing. Based on that measurement, the apartment sold for about $3,234 per square foot.

The apartment is on the southeast corner of the fourth floor of the five-story north building, one of the two buildings that comprise 2 N. Breakers Row. The buildings stand on land owned by The Breakers.

Broker Christian Angle of Christian Angle Real Estate acted for the buyer, the MLS shows.

Neither broker could be immediately reached for comment.

Marden was the widow of businessman, financier and private investor Bernard A. Marden, who died in 2010.

Moens handled both sides of the 2012 condo trade.

Many of the most expensive condos ever sold in Palm Beach are in 2 N. Breakers Row, which offers its residents white-glove concierge service. Residents also can order meals from The Breakers, contract for housekeeping services and take advantage of the resort’s facilities via a club membership. The condo development opened in 1986. * This is a developing story. Check back for any updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Emaildhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2023/12/20/florida-real-estate-sale-of-palm-beach-condo-bought-in-unusual-2012-sw…

2/3

8/4/23, 2:52 PM

New Palm Beach 'spec' house sells for millions. How much did it bring?

REAL-ESTATE

Appeal of the new: Just-finished house built on speculation fetches $16.9M in Palm Beach The just-completed house developed on speculation by Lee Fensterstock sold at 240 Mockingbird Trail on the North End of Palm Beach.

Darrell Hofheinz Palm Beach Daily News Published 5:38 p.m. ET Aug. 2, 2023

Updated 8:43 a.m. ET Aug. 3, 2023

Never-lived-in houses developed on speculation and priced below $18 million seldom last for long in Palm Beach, thanks to continuing market demand for move-in ready residences in this built-out town.

So it comes as no surprise that one such property — a just-completed two-story house at 240 Mockingbird Trail on the North End — has sold for a recorded $16.9 million.

Alan M. Sebulsky and his wife, Susan, bought the property, the deed recorded Wednesday shows.

Longtime Palm Beach real estate investor and resident Lee Fensterstock developed and sold the five-bedroom home through a Florida limited liability company named 240 Mockingbird LLC. It was unclear from property records whether any other investors were involved in the project.

With West Indies-inspired architecture, the house has 5,500 square feet of living space, inside and out.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/02/new-palm-beach-spec-house-sells-for-millions-how-much-did-it-bring/705…

1/4

8/4/23, 2:52 PM

New Palm Beach 'spec' house sells for millions. How much did it bring?

The property is the second investment project Fensterstock has sold in Palm Beach this year. In April, he sold an investment house he renovated on Miraflores Drive for a recorded $13.15 million in a sale previously reported by the Palm Beach Daily News.

Fensterstock's longtime real estate agents, Paulette Koch and Dana Koch of the Corcoran Group, represented him in both sales.

Dana Koch, who declined to discuss the transactions, also declined to comment on behalf of Fensterstock.

Broker Christian Angle of Christian Angle Real Estate handled the buyer’s side of the deal on Mockingbird Trail. He declined to comment about the transaction, and the Sebulskys could not immediately be reached.

Deal after Palm Beach deal: Couple who paid about $170 million for Palm Beach mansion has sold other home across town A man by the name of Alan M. Sebulsky is a venture capitalist and investments adviser who has specialized in the health care industry. His resume includes tenure as managing partner of Apothecary Capital LLC, and as a portfolio manager at BBT Capital Management Advisors, according to online records.

The Corcoran agents listed the house on Mockingbird Trail for sale at just under $16 million in October 2021 and raised the price by $1 million to $16.995 million about three months later, the multiple listing service shows. That price held steady during construction, and the house landed under contract this past February.

The floorplan includes a great room with a dining area set into a bay window. The adjacent family room is open to the kitchen and accesses a poolside loggia. The primary bedroom's balcony overlooks the pool area as well. There’s also a two-car garage.

The lot measures about three-tenths of an acre. Mockingbird Trail lies about halfway between the Palm Beach Country Club and the inlet at the northern tip of the island.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/02/new-palm-beach-spec-house-sells-for-millions-how-much-did-it-bring/705…

2/4

8/4/23, 2:52 PM

New Palm Beach 'spec' house sells for millions. How much did it bring?

Developer razed 1950s-era house to build home that just sold in Palm Beach Represented by the two Corcoran agents, Fensterstock bought the Mockingbird Trail property in March 2021 for a recorded $4.26 million and razed a 1950s-era house there to accommodate his new one. In that 2021 sale, Corcoran agent Bill Yahn represented the seller, Malcolm M. McCluskey, another longtime Palm Beach real estate investor.

Michael Perry of MP Design & Architecture in Palm Beach designed the Mockingbird Trail house. It was built by Albright Construction of Lantana with interior finishes by Scott Sanders of Scott Sanders LLC of Palm Beach and New York. Landscape architect Mario Nievera of Palm Beach’s Nievera Williams Design drew up the landscape plans.

During his career, Fensterstock has worked in the financial and investments industry, including running his own company, Fensterstock Management LLC, according to a brief online biographical sketch. Fensterstock Management invests in the financial services industry. He is a former member of the board of trustees at George Washington University in Washington, D.C. The house Fensterstock sold last spring at 233 Miraflores Drive was a completely renovated 1990s-era residence. The one-story house with four bedrooms has 4,486 total square feet. The buyer in April was PB 130 Limited Partnership of Ontario, an entity linked in public records to Canadian real estate businessman Keith L. Ray. Douglas Elliman Real Estate agent Spencer Schlager negotiated for the buyer opposite the Koch team.

Who bought that house? Mystery buyer pays $68 million for Palm Beach house on "corner" of ocean and inlet In May, Fensterstock paid $9.6 million for a 21-year-old house — said to be ripe for renovation — at 125 Via Vizcaya in the town's Estate Section. In the Via Vizcaya deal, Paulette Koch and Dana Koch handled both sides of the sale. https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/02/new-palm-beach-spec-house-sells-for-millions-how-much-did-it-bring/705…

3/4

8/4/23, 2:52 PM

New Palm Beach 'spec' house sells for millions. How much did it bring?

Fensterstock is finishing up construction on another house in Palm Beach that is listed with the Koch team. Priced at $22 million, the five-bedroom house at 130 Algoma Road in the Estate Section will have 7,312 square feet when it is completed, likely within the next two months, according to sources familiar with the property.

The property is a few streets north of former President Donald Trump's Mar-aLago Club.

Fensterstock lives with his wife, Ann, in a North End house they have owned since 2013 on Merrain Road.

Pricey tear-down in Palm Beach: $155-million teardown: Billionaire W. Lauder razing Rush Limbaugh's old Palm Beach estate * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/08/02/new-palm-beach-spec-house-sells-for-millions-how-much-did-it-bring/705…

4/4

5/15/23, 9:12 AM

Record sale in Palm Beach as home goes for around $170 million

NEWS

Palm Beach oceanfront home sells for around $170 million, beating previous record by millions Kimberly Miller and Darrell Hofheinz Palm Beach Post Published 3:25 p.m. ET April 27, 2023

Updated 6:36 a.m. ET April 28, 2023

A luxury oceanfront estate in Palm Beach traded hands for around $170 million this month in a clandestine sale that would top the record for the priciest single-family residential property on the island if it was even close to that price.

The off-market purchase of 589 N. County Road was confirmed by people familiar with the deal, which was first written about by The Palm Beach Daily News last week when it had yet to be finalized. A Wall Street Journal article posted online Wednesday also noted the blockbuster exchange had closed.

At near $170 million, the sale is likely the second highest in the state, following the June 2022 sale of a Manalapan estate to software billionaire Larry Ellison of Oracle Corp for $173 million.

The previous sale price record in Palm Beach was set in March when the estate of the late Rush Limbaugh sold for $155 million. A company linked to cosmetics billionaire William P. Lauder bought the former Limbaugh estate, which comprises three separate parcels, including the main house at 1495 N. Ocean Blvd.

The sellers of 589 N. County Road, Green Mountain Coffee founder Robert Stiller, and his wife Christine, had owned the 20,000-square-foot home since 2014 through a trust called Oceanview Trust.

As of Thursday, no deed with specific details of the sale or sale price had been filed in Palm Beach County official records, but a special warranty deed for $10 was filed April 24 between Oceanview and a second trust called Florida Investment Properties Land Trust. Both trusts name Stephen Magowan, of Sunrise Management Services, as co-trustee or trustee.

World’s wealthiest: More Palm Beach billionaires than ever, says our look at Forbes data Real estate attorneys said the $10 deed could be a simple title transfer from one trust to another, but also a possible transaction between the Stillers and the buyer, who sources name as high-end car dealer Michael Cantanucci.

Cantanucci, and his wife Kimberly, could not be reached for comment Thursday. A message left at a phone number listed for Robert Stiller was not returned, nor was a message left for Magowan.

Despite indications of a normalizing home market in Palm Beach County, the latest deal on the island of Palm Beach underscores that the the world's richest people are still open to paying top dollar for property here. With this purchase, the top three deals for Florida real estate have all been closed within the past year https://www.palmbeachdailynews.com/story/news/2023/04/27/record-sale-in-palm-beach-as-home-goes-for-around-170-million-to-beat-local-and-likely…

1/2

5/15/23, 9:12 AM

Record sale in Palm Beach as home goes for around $170 million

even as worries of interest rates and economic slowdowns have dampened the pandemic-fueled real estate boom in South Florida.

"There are things on the luxury market for sale for over $200 million," said Jim Bertles, a Palm Beach resident and principal and managing director of wealth management and investment firm Alti Tiedemann Global. "It's a little crazy. It's staggering. It's unbelievable, but it's not all of Palm Beach County."

But other Realtors on the island said the sale follows a trend of sky-high price increases seen since the pandemic as wealthy people from urban areas in the Northeast, Midwest and California began a migration to South Florida.

Pricey flip: Sea-to-lake estate near Palm Beach fetches $37 million; it sold in late 2021 for $32.25M “What I think this shows is that Palm Beach is a safe place to put your money,” said Tom Shaw, senior global real estate advisor for Sotheby’s in Palm Beach. “I’m not saying that wealthy people are smarter than everyone else, but they typically have the best wealth advisors and the best attorneys and the best accountants.”

The estate at 589 N. County Road measures 1.6 acres with about 153 feet of direct beachfront, according to property records.

The property sits between two larger beachfront estates — one owned by an entity associated with radio shock jock and television personality Howard Stern and his wife, Beth; the other the home of billionaire financier Nelson Peltz and his wife, Claudia.

Kimberly Miller is a veteran journalist for The Palm Beach Post, part of the USA Today Network of Florida. She covers real estate and how growth affects South Florida's environment. Subscribe to The Dirt for a weekly real estate roundup. If you have news tips, please send them to kmiller@pbpost.com. Help support our local journalism, subscribe today.

https://www.palmbeachdailynews.com/story/news/2023/04/27/record-sale-in-palm-beach-as-home-goes-for-around-170-million-to-beat-local-and-likely…

2/2

1/4/22, 8:54 AM

New seaside spec mansion fetches $57M near Mar-a-Lago in Palm Beach

REAL-ESTATE

New seaside ‘spec’ mansion fetches $57 million in Palm Beach, MLS shows Stock Custom Homes of Naples developed the house at 916 S. Ocean Blvd., which was listed, furnished, at $59 million.

Darrell Hofheinz Palm Beach Daily News Published 4:36 p.m. ET Jan. 3, 2022

Updated 5:35 p.m. ET Jan. 3, 2022

An oceanfront mansion developed on speculation on a long-vacant lot in Palm Beach has sold for $57 million at 916 S. Ocean Blvd., according to an updated sales listing in the multiple listing service.

With eight bedrooms, the estate has 14,916 square feet of living space, inside and out, including its beach cabana. A tunnel beneath the coastal road connects the main property to its beach parcel, which has 130 feet of oceanfront and a swimming pool — one of two pools on the estate.

The property lies about a half-mile north of former President Donald Trump’s Mar-a-Lago Club. The lot and the beach parcel measure eight-tenths of an acre with 130 feet of oceanfront, property records show.

Completed and furnished at the tail end of 2021, the house is the first Palm Beach project to be developed and sold by Stock Custom Homes, part of Stock Development in Naples on Florida’s west coast. The company’s Palm Beach County projects include houses it has built and sold in Wellington.

A deed for the Palm Beach sale had not been recorded as of Monday, so the buyer had not yet been identified in public records. It was also unclear if the price reported in the MLS would match the one to be recorded by the county clerk’s office.

Read more about the house: On the Market — Nearly finished seaside ‘spec’ house priced, furnished, at $59M in Palm Beach

https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/03/new-seaside-spec-mansion-fetches-57-m-near-mar-lago-palm-beach/908… 1/3

1/4/22, 8:54 AM

New seaside spec mansion fetches $57M near Mar-a-Lago in Palm Beach

The estate was listed while in construction in July 2020 at $59 million — a price that also included the furnishings — by agent Carol A. Sollak of Engel & Völkers. She declined to discuss the sale.

Broker Christian J. Angle of Christian Angle Real Estate handled the buyer’s side of the deal.

He couldn’t be reached immediately for comment.

It was unclear from the MLS if any furnishings changed hands, although sources familiar with the sale said at least some of the furniture was included.

The deal closed Thursday, the MLS shows, and the listing was updated to reflect the sale on Monday.

Architect Roger Janssen of Dailey Janssen Architects in West Palm Beach designed the house, and the landscape plan was by Keith Williams of Palm Beach’s Nievera Williams Landscape Design. The house was furnished by a design team at Marc-Michaels Interior Design of Boca Raton and Winter Park.

Biggest deals of the year: These 6 real estate sales shattered price records in Palm Beach this year The house is designed around a courtyard, which has a swimming pool.

The estate was developed with outdoor living in mind, Matthew Sellick, president of Stock Custom Homes told the Palm Beach Daily News last year.

“Outdoor living spaces are one of our hallmarks, and this property has lushly landscaped terraces, an outdoor kitchen, outdoor seating with a fireplace — and the main pool has multiple fountains,” Sellick said.

The house stands immediately north of one of Palm Beach’s most recognizable landmarks — the 1928 mansion many locals refer to as the “ham-and-cheese” house because of its alternating exterior banding of red brick and coral Key stone.

Janssen previously told the Daily News he wanted his design to complement the landmarked house, which is considered one of noted architect Maurice Fatio’s masterpieces. Janssen designed the house in a general Mediterranean Revival style with an expansive courtyard, one of Fatio’s design signatures.

“Stock didn’t have preconceived notions,” Janssens said about his design process. “They allowed us to study the property and come up with a home that has serious architecture https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/03/new-seaside-spec-mansion-fetches-57-m-near-mar-lago-palm-beach/908… 2/3

1/4/22, 8:54 AM

New seaside spec mansion fetches $57M near Mar-a-Lago in Palm Beach

commensurate with the Estate Section that would capitalize on the ocean views and take advantage of the depth of the property,” Janssen told the Daily News last year.

On the main level, the living room, library and a guest suite face the ocean. Another guest suite, the formal dining room, the family room and the kitchen front the courtyard.

The master suite comprises the entire north portion of the second floor, with French doors opening from the bedroom to oceanside and poolside verandas.

Big deals: What were the year’s biggest condo, townhouse sales in Palm Beach? Ten hit $9M or more Janssen’s plans for the basement included a game room, an exercise room, a home theater, a wine cellar and a lounge with a bar. The house also has a three-car garage.

Stock Custom Homes paid $12 million for the lot in December 2017, property records show. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/03/new-seaside-spec-mansion-fetches-57-m-near-mar-lago-palm-beach/908… 3/3

5/15/23, 9:10 AM

Designer Tom Ford swaps Palm Beach house in deal said to top $100M

REAL-ESTATE

Fashion icon Tom Ford involved in Palm Beach house swap valued at more than $100M: sources Fashion icon Tom Ford is trading houses in the Estate Section with Brian and Andrea Kosoy via a transaction worth more than $100 million, the Palm Beach Daily News confirms.

Darrell Hofheinz Palm Beach Daily News Published 2:20 p.m. ET May 12, 2023

Updated 7:20 p.m. ET May 13, 2023

Billionaire fashion icon Tom Ford is trading houses with a couple nearby in a hush-hush Palm Beach deal valued at more than $100 million, several people familiar with the transaction have confirmed for the Palm Beach Daily News.

Ford is selling the sleek, contemporary-style house he bought for a recorded $51 million on Jungle Road in late December to real estate entrepreneur Brian Kosoy and his wife, Andrea, sources told the Palm Beach Daily News, the first media outlet to report the deal.

The Kosoys, in turn, are deeding to Ford their landmarked 1920s-era home on Via Del Mar. Known as Casa Della Porta, that house — with exterior walls of quarry coral stone — is considered the most impressive designed by noted architect Maurice Fatio's firm, Treanor & Fatio. The Kosoys extensively renovated the home.

The off-market deal’s closing was imminent, although the exact terms haven't surfaced, sources said this week. Moving trucks were spotted Thursday and Friday at both estates, neither of which has water frontage.

Tom Ford buys on Jungle Road: Fashion icon is behind trust that bought Palm Beach house for $51 million: sources From the archives: Look who's (not) talking about Tom Ford's new house in Palm Beach It’s unclear what prices might be recorded at the Palm Beach County Courthouse for the sale of each property.

House trades often include extra money tossed in when the homes are not of equal value. Several real estate sources said the Kosoy residence would be worth more in today's market than the house Ford bought in December.

In any case, the Estate Section transaction would certainly rank among the largest house trades in the town’s history and could set a new sale price record for non-waterfront estates in Palm Beach. The Palm

https://www.palmbeachdailynews.com/story/business/real-estate/2023/05/12/designer-tom-ford-swaps-palm-beach-house-in-deal-said-to-top-100m/70…

1/4

5/15/23, 9:10 AM

Designer Tom Ford swaps Palm Beach house in deal said to top $100M

Beach Daily News was unable to reach Ford, the Kosoys and real estate broker Christian Angle of Christian Angle Real Estate, who is said to have handled both sides of the deal.

In a new interview published at Airmail.news, Ford mentioned his purchase of a "really fabulous" Palm Beach house designed in 1928 by Fatio.

"I'm putting offices in a wing that used to be for staff. Four people that were with me in [Los Angeles] at Black [Ford's film production company] are moving here," Ford said in the interview, which also mentioned his plans to pursue his interest in making movies.

From the 2015 archives: Landmarked Casa Della Porta sells for $19.39 million in Palm Beach

Historic Casa Della Porta in Palm Beach has a three-story tower In 2015, the Kosoys bought Casa Della Porta, at 195 Via Del Mar, through a trust for a recorded $19.39 million, courthouse records show. The 1.66-acre property faces Via Del Mar and stretches to Via La Selva on the corner of South County Road, about a half-mile north of former President Donald Trump's Mar-aLago Club.

The latest tax rolls list the house as the Kosoys' primary residence.

Fatio designed the Estate Section house in 1928 for William McAneeny, president of the Hudson Motor Car Co. Property records show the two-story house has nearly 23,526 square feet of living space, inside and out.

It includes a three-story tower, extensive outdoor loggias, a central courtyard with a fountain, and a tennis court.

The Florentine Romanesque-style architecture includes a front entry recessed into a compound-arch surround, which took Italian stonecutters six months to carve and gave the house its name. Roman-style arches are a repeated architectural motif in Fatio's design.

When it was built, the house's name was Casa Bella Porta ("House of the Beautiful Door"), although after 1947, it became known as Casa Della Porta, said architectural historian Augustus Mayhew. It's unclear if the new name was the result of a journalist's typographical error or a later owner's rechristening, Mayhew added.

In his book, “Maurice Fatio: Palm Beach Architecture,” author Kim I. Mockler quotes Fatio as having once described the villa as “the greatest house I have ever done.”

Palm Beach house on Jungle Road was built as custom home The estate Ford sold to the Kosoys at 241 Jungle Road was completed in 2016 as a custom home for longtime residents James Held and Kenn Karakul, who serves on the town's architectural board.

The Jungle Road estate comprises two single-story buildings with a combined 12,914 square feet of living space, inside and out, according to property records. On the north side of Jungle Road, the lake-block lot measures about an acre and is about a third of a mile north of Casa Della Porta. https://www.palmbeachdailynews.com/story/business/real-estate/2023/05/12/designer-tom-ford-swaps-palm-beach-house-in-deal-said-to-top-100m/70…

2/4

5/15/23, 9:10 AM

Designer Tom Ford swaps Palm Beach house in deal said to top $100M

Broker Angle was already familiar with both properties. He represented the Kosoys’ trust when the couple bought Casa Della Porta eight years ago.

Angle also orchestrated the private sale late last year when Ford used a trust to buy the Jungle Road house — his first property in Palm Beach — from an ownership entity affiliated with private-equity specialist Rob Heyvaert.

That deal set a sale-price record at the time for the sale of a non-waterfront estate in Palm Beach.

Heyvaert’s company had bought the house in August 2021 for a recorded $35.75 million.

More about the house on Jungle Road: Preservation group honors contemporary-style home for its architecture, sustainability From the 2021 archives: Award-winning contemporary-style house on Jungle Road fetches $35.75 million in Palm Beach

Tom Ford bought house in Palm Beach shortly after selling company Ford closed his purchase of the Jungle Road house about a month after The Estée Lauder Cos. announced it would acquire his eponymous fashion-and-lifestyle brand, which it valued at $2.8 billion. The announcement said The Estée Lauder Cos. would be the sole owner of the brand “and all its intellectual property.” By April, Ford was ranked 1,368th among the world’s billionaires on the annual list published by Forbes.com, which estimated his fortune at $2.2 billion.

Ford founded the Tom Ford fashion label in 2005 after stints as creative director for Gucci and Yves Saint Laurent. The line includes apparel for men and women, beauty products, eyeglasses and accessories. Ford has directed feature films, including 2009’s “A Single Man,” starring Colin Firth. Ford was nominated for an Academy Award for the film.

Brian Kosoy is managing principal and CEO of Sterling Organization, a private-equity real estate company he co-founded in 2007 and which once held the management lease, through a subsidiary, for the Royal Poinciana Plaza shopping center in Palm Beach. Headquartered in West Palm Beach, the company has offices across the country and maintains a portfolio of retail and commercial properties, with more than $2 billion in assets under management, according to its website.

In 2015, broker Lawrence Moens of Lawrence A. Moens Associates represented the late Houston-based energy businessman William M. Kallop, who sold the estate to the Kosoys’ trust. The couple later transferred ownership into their own names. Moens could not be reached for comment.

The just-closed sale marks the eighth time Casa Della Porta has changed hands since 2000, courthouse records show. Among its previous owners were Moens, who owned it with real estate investor Robert Fessler; and the late investments advisor and businessman Howard Gittis.

The town granted Casa Della Porta landmark protection in 1990.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/05/12/designer-tom-ford-swaps-palm-beach-house-in-deal-said-to-top-100m/70…

3/4

5/15/23, 9:10 AM

Designer Tom Ford swaps Palm Beach house in deal said to top $100M

House on Jungle Road in Palm Beach is an award-winner In 2019, the house on Jungle Road made headlines when the Preservation Foundation of Palm Beach awarded its architect Daniel Kahan, the Elizabeth L. and John H. Schuler Award, which recognizes excellence in new architecture. Kahan, a principal with Smith and Moore Architects, shared the award with Held and Karakul. Kahan, Held and Karakul could not be reached for this story.

The Jungle Road house has a gallery-white exterior, a flat roof and custom-built, 13-foot-tall French doors.

The floor plan revolves around an open-air courtyard.

The house was built to be extremely energy-efficient and environmentally sustainable, Held told the Palm Beach Daily News when the house won the Schuler Award. Among its features is an extensive system of rooftop solar panels.

The layout includes an expansive living room with a 15-foot ceiling, a library, an office and a space originally designated as a music room. The family room, which is open to the breakfast area and kitchen, looks out to a loggia and the guesthouse on the opposite side of the swimming pool.

The Palm Beach Daily News was the first outlet to report the sale of the Jungle Road house in December. * This story was updated from a previous version. This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island.

Emaildhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/05/12/designer-tom-ford-swaps-palm-beach-house-in-deal-said-to-top-100m/70…

4/4

2/14/23, 9:28 AM

Florida real estate: Billionaire buys Palm Beach condo for $17.9M

REAL-ESTATE

Which billionaire just bought a Palm Beach condo for a recorded $17.9 million?

Here's what you need to know about the sale of 219 Brazilian Ave. in the Palazzo Villas complex in Midtown Palm Beach.

Darrell Hofheinz Palm Beach Daily News Published 5:37 p.m. ET Feb. 13, 2023

Updated 5:59 p.m. ET Feb. 13, 2023

The list of billionaires who have own homes in Palm Beach just keeps growing.

The latest uber-wealthy buyer to close a deal in the island town is Dr. Herbert “Herbie” A. Wertheim, who just paid $17.9 million for a luxury condominium in Midtown, according to a deed recorded Monday Wertheim — an optometrist, inventor and stock investor — served as trustee of a trust that bought 219 Brazilian Ave., a never-lived-in, four-bedroom condo in the Palazzo Villas quadplex.

Resembling a townhouse, the three-level condo has 6,092 square feet of living space, inside and out, and is as large as some single-family homes in Palm Beach.

The sale marks the condo’s fourth sale in a little more than two years. It last set a condo price record, which has since been broken, when it changed hands in May 2022 for a recorded $18.6 million, a price that included the furnishings, according to sources familiar with that transaction.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/02/13/florida-real-estate-billionaire-buys-palm-beach-condo-for-about-18-million…

1/5

2/14/23, 9:28 AM

Florida real estate: Billionaire buys Palm Beach condo for $17.9M

When the condo was relisted for sale at $19.999 million in November, it was marketed with the same furnishings, which the sales listing said cost more than $1 million. But the listing agent, Margit Brandt of Premier Estate Properties, on Monday confirmed the recorded price for the most recent sale did not include the furnishings. She declined to comment further about the transaction.

The seller in the just-recorded deal was a limited liability company controlled by a family that is said to own another property in Palm Beach.

Here’s a look at the residence and the players involved in the most recent sale.

Listed in November: Listed at about $20 million, townhouse-like condo at 219 Brazilian Ave. among top 5 priciest in Palm Beach Big deal: Condo at 219 Brazilian AVe sells for $18.6 million, a record-setting price in Palm Beach

Why is the residence in Palazzo Villas worth millions of dollars?

The condo that just changed hands sold new for a recorded $6 million in December 2020 and then again for just under $12 million in April 2021 before trading once more last year, courthouse records show. Prices escalated steeply in Palm Beach after a rush of buyers descended on the island following the arrival of the coronavirus pandemic in early 2020.

Brandt’s listing described the residence as “primed for immediate occupancy” — always a selling point in Palm Beach, where buyers are not necessarily interested in doing a major renovation.

The condo has custom finishes, a library/den and a private pool. The layout includes a living room and family room along with an upper-level master suite with walk-in-closets, an office and a terrace overlooking the garden and pool in the private back yard, according to the sales listing. There’s also a two-car garage on the lowest level. https://www.palmbeachdailynews.com/story/business/real-estate/2023/02/13/florida-real-estate-billionaire-buys-palm-beach-condo-for-about-18-million…

2/5

2/14/23, 9:28 AM

Florida real estate: Billionaire buys Palm Beach condo for $17.9M

The residence was furnished by Marc-Michaels Interior Design before it sold last year, and the photos in Brandt’s listing show those furnishings and fixtures remained in place.

The condo shares a wall in Palazzo Villas with another unit — at 221 Brazilian Ave. — that sold in March 2022 for a recorded $17.8 million.

Brandt acted for the buyer when the condo sold last May, the multiple listing service shows. She negotiated in that deal opposite her Premier Estate Properties colleague Jim McCann.

World’s wealthiest: Palm Beach sees hike in billionaires, analysis of latest Forbes data shows A closer look: Palm Beach billionaires’ wealth tops $408 billion, our analysis of new Forbes data shows

Who is the buyer, Dr. Herbie Wertheim, and how much is he worth?

Wertheim has residential ties to Coral Gables, according to Forbes.com, which estimates his net worth at $4.4 billion.

“He founded and still runs Brain Power Inc., a manufacturer of optical tints for eyeglasses; it holds more than 100 patents and copyrights,” says a brief Forbes biographical sketch.

Wertheim is a savvy Wall Street investor, according to Forbes, and the largest individual shareholder in aerospace firm Heico.

Broker Christian Angle of Christian Angle Real Estate represented him in the sale, according to the updated MLS listing.

Wertheim and Angle could not be reached for comment.

Wertheim bought the condo as trustee of the Brookhill 219 Revocable Trust, the deed shows.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/02/13/florida-real-estate-billionaire-buys-palm-beach-condo-for-about-18-million…

3/5

2/14/23, 9:28 AM

Florida real estate: Billionaire buys Palm Beach condo for $17.9M

More than 50 billionaires own property in Palm Beach, according to a Palm Beach Daily News of the latest Forbes data.

Sold next door: Townhouse-like condo fetches $17.8M, sets condo price record Palm Beach: deed Pricey condos: These Palm Beach condo, townhouse sales topped $12M in 2022; new records set, then broken

Who was on the seller’s side of the Palazzo Villas deal?

Public records don't identify the family behind 219 Brazilian Avenue LLC, the limited liability company that sold the condo. The deed was signed on behalf of the seller by attorney Alison R. Percy of the Peneiro Byrd law firm in Jupiter.

But the sellers are widely said to be a family who owns Palm Beach waterfront property, where a new house has been in the works.

It’s unclear if the sellers had bought the condo last year as an investment, to house guests or family members, or to use as a temporary residence. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island.

Emaildhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/02/13/florida-real-estate-billionaire-buys-palm-beach-condo-for-about-18-million…

4/5

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

REAL-ESTATE

Palm Beach real estate agents land in U.S., Florida sales-volume rankings for 2022 deals Dozens of Palm Beach real estate agents earn spots on U.S. and Florida salesvolume lists compiled from 2022 data by Real Trends and Tom Ferry International.

Darrell Hofheinz Palm Beach Daily News Published 2:52 p.m. ET June 20, 2023

Updated 12:18 p.m. ET June 21, 2023

After a supercharged year in 2021, residential real estate sales in Palm Beach began to return to some semblance of normal in 2022 — but “normal” is always a relative term in the wealthy South Florida town. The number of deals and the amount homes fetched were down, year-over-year, even though prices at the tippy-top of the scale continued to crane necks last year.

That point is driven home in the latest rankings of the country’s top agents and brokers based on their 2022 sales volume and other criteria. The rankings are an annual joint project by two real estate companies — Real Trends and Tom Ferry International.

There are plenty of Palm Beach names in the 18th edition of “The Thousand,” which was promoted in a recent Wall Street Journal special advertising section.

There are always a couple of caveats to the lists. The rankings were open only to those real estate professionals who chose to participate in the project, paid a $175

https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

1/8

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

submission fee and met the criteria for the rankings, according to the Real Trends website.

And some Palm Beach agents and brokers — among them top-tier producer Lawrence Moens of Lawrence A. Moens Associates — did not submit sales figures for consideration and verification.

Among the Palm Beach professionals who participated was broker Christian Angle of Christian Angle Real Estate, who took the No. 7 spot on the list of the country’s Top 250 residential sales professionals after reporting $790.23 million in sales volume last year. He also was the No. 3 top-volume broker in Florida on the latest list.

Under the rules of the survey, agents and brokers who handled both sides of a transaction — representing the buyer and the seller — were allowed to double the final dollar figure when they calculated their total sales volume for the sale.

Participants were entered into “The Thousand” rankings and a separate list known as “America's Best Real Estate Professionals,” which ranks the top-producing agents in each state and includes agents and sales teams with a qualifying submission who did not make “The Thousand,” according to the Real Trends website.

In addition to Angle, there were six other agents and brokers based in Palm Beach to took spots in the Top 250 national sales-volume rankings. Two others are not Palm Beach-based but have strong ties to the island as principals of their Palm Beach County agencies, which have locations in town.

In the nation’s Top 20 agents, Dana Koch of the Corcoran Group ranked No. 17 nationally and No. 4 in Florida with a reported 2022 sales volume of $418.56 million.

Other Palm Beach-based professionals in the sales rankings included agent Suzanne Frisbie of the Corcoran Group (ranked No. 26 nationally and No. 7 in Florida with $358.43 million); agent Gary Pohrer of Douglas Elliman Real Estate https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

2/8

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

(No. 30 nationally and No. 9 in the state with $324.88 million); agent Margit Brandt of Premier Estate Properties (No. 66 on the U.S. list and No. 15 in Florida with $211.95 million); agent Elizabeth DeWoody of Compass Florida (No. 127 nationally and No. 29 in Florida with $157.42 million); and agent Alison Newton of Douglas Elliman (No. 249 nationally and No. 49 in Florida with $113.89 million).

In addition, Wellington-based Carol Sollak, a principal at the Palm Beach office of Engel & Volkers, was ranked No. 84 nationally and No. 19 in Florida with $190.16 million; and Jupiter-based broker/owner Rob Thomson, whose Waterfront Properties and Club Communities has an office in Palm Beach, was ranked No. 89 nationally and No. 21 in Florida with $183.96 million.

Read about last year's rankings: Palm Beach real estate pros ranked on national, state sales-volume lists for their 2021 deals Those who participated were required to provide information about their sales that could be verified, under the rules of entry. That information could be data reported in the multiple listing service, a production report using a “reputable” software program or, for agents, confirmation by the agency’s managing broker, according to the Real Trends website.

The No. 1 ranked agent in the country, based on sales volume, has held that distinction for a number of years: Dallas-based Ben Caballero of HomesUSA.com generated sales in 2022 totaling $3.06 billion.

Palm Beach real estate teams also ranked among country's top residential pros Another national category in “The Thousand” report ranked “small teams” of two to five real estate professionals by sales volume. The only Palm Beach-based small team on the Top 250 U.S. list was The Cregan Team, led by Lisa and John Cregan at Sotheby’s International Realty, which ranked No. 59 on the national list and No. 11 in Florida with $188.11 million. https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

3/8

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

In the “medium teams” category of the Top 250 list — comprising teams of six to 10 real estate professionals — Douglas Elliman’s Palm Beach-based Leavitt McIntosh Team generated a sales volume of $493.81 million, ranking it No. 6 nationally and No. 2 in the state. That team is led by agents Chris Leavitt and Ashley McIntosh.

One other medium-size team in the county with an office in Palm Beach made the Top 250 list. The K2 Realty team at K2 Realty, led by James Kenny and Paul Kaneb, in North Palm Beach was ranked No. 23 nationally and No. 4 in Florida with $291.21 million.

And in the Top 250’s large teams category, for teams of 11 to 20 agents, The Coastal Collective team at Compass Florida — led by Palm Beach-based Chris Deitz and Michael Costello — ranked No. 37 nationally and No. 7 in the state with $226.46 million.

To be considered for a ranking, an agent must have closed at least 40 transaction “sides” or recorded $16 million in closed sales volume for 2022, according to Real Trends. Teams must have closed 60 residential transactions or documented $24 million in closed sales volume.

Palm Beach real estate agents ranked among Florida's top producers Of the Palm Beach agents whose sales volume did not meet the threshold for the national list, 57 found a spot among the 1,105 agents ranked in Florida, based on their 2022 sales volume.

Among those 57, there were 15 who saw their sales volume exceeded $50 million in 2022. Those Palm Beach-based agents on the Florida list included John Wilson of Douglas Elliman (ranked No. 70 with $83.97 million); Betty Schneider of William Raveis South Florida (No. 84 with $78.61 million); Fern Fodiman of Sotheby’s International Realty (No. 86 with $77.92 million); Sonja Stevens of Sotheby’s International Realty (No. 88 with $77.35 million); Shelly Newman of William https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

4/8

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

Raveis South Florida (No. 91, with $75.87 million); and Carol Falciano of WIlliam Raveis South Florida (No. 98 with $70.77 million).

Other Palm Beach agents on the state list whose sales volume topped $50 million were Tina Roberts of Sotheby’s International Realty (No. 101 with $69.35 million); Derek Olsen of Douglas Elliman (No. 103 with $69.14 million); Samantha Curry of Douglas Elliman (No. 105 with $67.98 million); Jennifer Hyland of the Corcoran Group (No. 113 with $63.84 million); Todd Peter of Sotheby’s International Realty (No. 120 with $61.55 million); Cara McClure of Douglas Elliman (No. 125 with $59.21 million); Ashley Copeland of Brown Harris Stevens (No. 132 with $57.34 million); John Reynolds of Douglas Elliman (No. 133 with $57.09 million; Lilly Ferreira of Brown Harris Stevens (No. 134 with $56.8 million); and Steven Presson of the Corcoran Group (No. 140 with $55.17 million).

Nine Palm Beach-based small teams did not land a spot on the national list but ranked among the top sales-volume teams in Florida. They included the Jim McCann Group at Premier Estate Properties (ranked No. 16 in Florida with $148.55 million; the Pulitzer McGurk Collection, led by Liza Pulitzer and Whitney McGurk at Brown Harris Stevens (No. 39 with $93.88 million); the Scott Gordon Team at Douglas Elliman (No. 45 with $88.15 million); and Michelle and Paula, led by Michelle Noga and Paula Wittmann, at William Raveis South Florida (No. 46 with $87.88 million).

The other Palm Beach small teams appearing on the Florida sales-volume list were The Menezes Team, led by Steven Menezes at Douglas Elliman (No. 96 with $63.78 million); The Bretzlaff Group, co-led by Palm Beach-based agent Heather Bretzlaff, at Douglas Elliman (No. 134 with $53.21 million); The Cronican Group, led by Lori Cronican and Christopher Cronican, at Douglas Elliman (No. 252 with $39.2 million); The Pam & Toni Team, led by Pam Thomes and Toni Valentino, at Compass (No. 340 with $32 million); and the Gottfried Wenzel team, lead by Pamela Gottfried and Joan Wenzel, at Elliman (No. 448 with $26.22 million.) https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

5/8

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

In addition to the Leavitt McIntosh Team, one other Palm Beach medium-size team landed on the Florida list, based on sales volume. The East Coast Luxury Group, led by Lauren Barrocas, at Compass ranked No. 138 with $39.72 million.

On the large teams state list, The Mirsky Group at Compass Florida in Palm Beach, led by Norma Mirsky, ranked No. 84 with $41.22 million in sales volume.

And one Palm Beach group landed on the top Florida list in the “mega team” category — for teams with 21 agents or more — based on its sales volume: The Hall Group Palm Beach, led by Stephen Hall, ranked No. 16 with $162.24 million.

Palm Beach names round out the Florida list of top real estate pros Here are the other Palm Beach agents who appeared in the Florida-only rankings, based on their sales volume last year. They include Allison Wren of the Corcoran Group (ranked No. 182 in Florida with $47.3 million); Bill Yahn of the Corcoran Group (No. 190 with $45.64 million); Patricia Mahaney of Sotheby's International Realty (No. 192 with $45.44 million); Heidi Wicky of Sotheby's International Realty (No. 207 with $43.86 million); Lisa Wilkinson of Douglas Elliman (No. 208 with $43.4 million); Nick Grodzicki (No. 228 with $40.92 million); Ann Summers of Brown Harris Stevens (No. 230 with $40.73 million); Joshua McPherson of Douglas Elliman (No. 237 with $40.07 million); Kimberly Spears of Douglas Elliman (No. 253 with $38.41 million); Ashley O'Neil of Brown Harris Stevens (No. 305 with $35 million); and Patrice McInerney of Brown Harris Stevens (No. 321 with $33.98 million).

Other Palm Beach agents on the Florida list include: Thor Brown of Douglas Elliman (No. 331 with $33.34 million); Laura Pope of Sotheby's International Realty (No. 336 with $33 million); Karen Donnelly of William Raveis South Florida (No. 351 with $32.14 million); Spencer Schlager of Douglas Elliman (No. 362 with $31.66 million); Andrew Thomka-Gazdik of Sotheby's International Realty (No. 371 with $31.48 million); Rosalind Clarke of Premier Estate Properties (No. 391 with $30.49 million); Grace Brown of Brown Harris Stevens (No. 406 with $29.78

https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

6/8

6/21/23, 12:21 PM

Palm Beach real estate agents rank on U.S., Florida sales-volume lists

million); Anne Carmichael of Brown Harris Stevens (No. 419 with $29.11 million); Denise Segraves of Sotheby's International Realty (No. 442 with $28.25 million); Kevin Condon of Sotheby's International Realty (No. 456 with $27.64 million); and W. Roger Warwick of the Corcoran Group (No. 457 with $27.63 million).

The Florida sales-volume rankings also include these Palm Beach agents: Paul Birmingham of Sotheby's International Realty (No. 479 with $26.8 million); Wahkuna Vega of William Raveis South Florida (No. 510 with $25.48 million); Burt Minkoff of Douglas Elliman (No. 530 with $24.89 million); Bobby Goodnough of Sotheby's International Realty (No. 538 with $24.73 million); Kristina Anderson McPherson of the Corcoran Group (No. 561 with $24.17 million); Kourtney Pulitzer of Sotheby's International Realty (No. 594 with $23.26 million); Stephen Simpson of William Raveis South Florida (No. 625 with $22.71 million); Shirley Wyner of William Raveis South Florida (No. 707 with $21.31 million); Danielle McCarroll of Douglas Elliman (No. 747 with $20.56 million); Doreen Danton of the Corcoran Group (No. 760 with $20.22 million); and Diana Reed of the Corcoran Group (No. 771 with $20.11 million).

Rounding out the list of Palm Beach agents on the Florida sales-volume list are: Elizabeth Hartigan Callahan of Brown Harris Stevens (No. 826 with $19.14 million); Tierney O'Hara of Sotheby's International Realty (No. 844 with $18.94 million); Lillian "Minnie" Munn Pulitzer of Brown Harris Stevens (No. 858 with $18.75 million); Colleen Hanson of the Corcoran Group (No. 898 with $18.11 million); Brandon Solomon of Douglas Elliman (No. 909 with $18.01 million); Lynn Telling of Illustrated Properties (No. 933 with $17.76 million); Claudia Fisher of Douglas Elliman (No. 955 with $17.58 million); and Maryann Chopp of Sotheby's International Realty (No. 1043 wtih $16.46 million).

A disclaimer on “The Thousand” report says the Wall Street Journal’s editors and newsroom were not involved in the creation or production of the special advertising section featuring the rankings.

The complete rankings are available at RealTrends.com/agent-rankings. https://www.palmbeachdailynews.com/story/business/real-estate/2023/06/20/palm-beach-real-estate-agents-rank-on-u-s-florida-sales-volume-lists/703…

7/8

5/15/23, 9:13 AM

Penthouse Atop Tiffany Building in Palm Beach Sells for $18 Million - WSJ

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/penthouse-atop-tiffany-building-in-palm-beach-sells-for-18-million-9d84265b

◆ WSJ NEWS EXCLUSIVE

Penthouse Atop Tiffany Building in Palm Beach Sells for $18 Million The two-story unit first hit the market for $24 million in November

By E.B. Solomont

Follow

Updated April 20, 2023 9:25 am ET

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert.

An unfinished two-story penthouse in Palm Beach, Fla., has sold for $18 million, according to the listing agents.

The sellers were real-estate developer Todd Michael Glaser and his business partners. The buyer was an entity tied to car-dealership owner Terry Taylor, records show. Mr. Taylor didn’t respond to requests for comment.

Located atop the Tiffany & Co. building at the corner of Worth and Hibiscus avenues, the unit went on the market for $24 million in November. More recently, the sellers dropped the price to $19.98 million in order to sell before construction of the interior was set to begin on May 1, Mr. Glaser said.

Mr. Glaser and his partners purchased the residence for $15.5 million last year, records show. Mr. Glaser estimated that the unit will cost $4 million to $5 million to complete.

The penthouse has more than 9,800 square feet of interior space, and can be configured with up to six bedrooms, according to the listing. There is a private roof deck with a pool, outdoor bar and dining area.

The penthouse is the only residence in the building, which occupies a prominent spot in the area’s tony shopping corridor. The penthouse was originally developed by John C. Kean, whose Kean Development owned the project in partnership with Fortress Investment Group and Atlanta-based Hyde Retail Partners. They purchased the building for $20 million in 2018.

https://www.wsj.com/articles/penthouse-atop-tiffany-building-in-palm-beach-sells-for-18-million-9d84265b

1/2

5/15/23, 9:13 AM

Penthouse Atop Tiffany Building in Palm Beach Sells for $18 Million - WSJ

The building is located at the corner of Worth and Hibiscus avenues. PHOTO: DANIEL PETRONI

In Palm Beach, condo sales fell 54.8% during the fourth quarter of 2022, according to real-estate appraisal firm Miller Samuel, while the median condo sale price rose 31.8% year-over-year.

The listing agents were Chris Leavitt of Douglas Elliman and Jill Eber and Jill Hertzberg of The Jills Zeder Group at Coldwell Banker Realty. Christian J. Angle of Christian Angle Real Estate represented the buyer.

Write to E.B. Solomont at eb.solomont@wsj.com Appeared in the April 21, 2023, print edition as 'Palm Beach Condo Trades'.

https://www.wsj.com/articles/penthouse-atop-tiffany-building-in-palm-beach-sells-for-18-million-9d84265b

2/2

4/6/22, 12:15 PM

A Palm Beach Spec Home Near Mar-a-Lago Sells for $50 Million - WSJ

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. https://www.wsj.com/articles/a-palm-beach-spec-home-near-mar-a-lago-sells-for-50-million-11649257473

◆ WSJ NEWS EXCLUSIVE

A Palm Beach Spec Home Near Mar-a-Lago Sells for $50 Million The 13,000-square-foot spread includes deeded beach access and a 1,700-bottle wine cellar

By E.B. Solomont Follow April 6, 2022 11:04 am ET

A spec mansion in Palm Beach has sold to a mystery buyer for $50 million.

The roughly half-acre property with a swimming pool and deeded beach access had been asking $52.5 million, according to listing agent Chris Deitz of Compass. Christian Angle of Christian Angle Real Estate represented the buyer, whose identity couldn’t be determined.

Located a few streets north of Mar-a-Lago, the house was developed by Palm Beach-based Lion’s View Holdings, which purchased the site for $7.6 million in 2018, records show.

The house spans about 13,000 square feet.

PHOTO: SHAWN HOOD

https://www.wsj.com/articles/a-palm-beach-spec-home-near-mar-a-lago-sells-for-50-million-11649257473

1/2

4/6/22, 12:15 PM

A Palm Beach Spec Home Near Mar-a-Lago Sells for $50 Million - WSJ

The house has eight bedrooms.

PHOTO: SHAWN HOOD

Spanning approximately 13,000 square feet, the eight-bedroom house is clad in white Jerusalem stone with a stone driveway. The primary suite has a terrace, his-and-hers walk-in closets and bathrooms with steam showers. The basement level has a media room, a gym and a walk-in, 1,700-bottle wine cellar. There are multiple loggias, including one in the front facing the ocean and another in the pool area.

The house was first listed for $42.5 million in 2020, when it was unfinished, according to Zillow. Mr. Deitz said construction took more than two years, in part because of supply chain delays. By the time the building was complete, he said, the market was “on a tear” and the developers adjusted the price accordingly. During 2021’s fourth quarter, the average sale price for single family homes in Palm Beach jumped 128% year-over-year to $14.8 million, according to appraisal firm Miller Samuel. But with dwindling supply, the number of sales dropped 68.3% during the same period.

Write to E.B. Solomont at eb.solomont@wsj.com

Copyright © 2022 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com.

https://www.wsj.com/articles/a-palm-beach-spec-home-near-mar-a-lago-sells-for-50-million-11649257473

2/2

6/7/22, 11:02 AM

Oceanfront condo on Breakers Row brings $12.25 million in Palm Beach

REAL-ESTATE

Two-bedroom condo brings $12.25 million at 2 N. Breakers Row in Palm Beach: deed A trust bought the apartment, No. N32, which had been in the Goldberg family since 1997.

Darrell Hofheinz Palm Beach Daily News Published 8:27 a.m. ET June 7, 2022

Updated 9:17 a.m. ET June 7, 2022

A corner condominium facing the ocean at 2 Breakers Row that had been in the same family since 1994 has sold in Palm Beach for $12.25 million, the price recorded with the deed.

On the seller’s side of Unit N32 were two trusts associated with the adult children of Carol Rabb Goldberg and her husband of 71 years, the late Avram J. Goldberg. For years, he headed Stop & Shop, the New England supermarket chain founded by his wife’s family. He died in January at 92.

Carol Goldberg — also a former president and CEO of The Stop & Shop Cos. — is president of The AVCAR Group Ltd., a private investment and consulting firm she and her husband founded in 1990.

The Goldbergs in 1997 paid $2.75 million for the apartment, which has 3,445 square feet of living space, inside and on its balconies. Originally built with three bedrooms, it was later converted to a two-bedroom layout, according to the sales listing.

Big sale on Breakers Row: At $17.68 million, penthouse sale sets new condo record in Palm Beach More: ‘Undervalued’ no more: Palm Beach real estate prices have soared The Seahorse Two Revocable Trust was on the buyer’s side of the just-closed sale, according to the deed recorded Thursday. Palm Beach attorney John W. Randolph Jr. served as trustee. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/07/oceanfront-condo-breakers-row-brings-12-25-million-palm-beach/754247…

1/3

6/7/22, 11:02 AM

Oceanfront condo on Breakers Row brings $12.25 million in Palm Beach

Because of privacy rules governing trusts, no other information about the buyer was immediately available in public records.

The buyer paid $3,555 per square foot, based on the overall size of the apartment.

Sold in 2021: $13.75M sale at 2 N. Breakers Row is among priciest beachfront condo deals ever in Palm Beach More: Breakers’ affiliate pays $11 million for landmarked commercial building in Palm Beach Broker Christian Angle of Christian Angle Real Estate acted on behalf of the buyer. He declined to comment.

Broker Linda Gary of Linda A. Gary Real Estate listed the condo for sale in July at $13.25 million.

Her listing described the apartment’s “fabulous” ocean and sky views and mentioned its 32by-21-foot living room with a separate dining room, both opening to an oceanfront covered terrace.

“It is in the (vertical) line of apartments that is closet to the ocean,” Gary said, but declined further comment.

In the northern building of the two-building development, the third-floor apartment features cove lighting and marble floors.

The buildings of 2 N. Breakers Row are home to some of the most expensive condos ever sold in Palm Beach. The development is known for the concierge services it offers to residents, who can order meals from The Breakers, contract for housekeeping services and use the resort's recreational facilities via a club membership. The condo development opened in 1986 on land still owed by The Breakers.

Boston attorney Charles A. Cheever is the trustee of the two trusts that sold the apartment and owned equal interests, the deed shows. The trusts benefited the Goldbergs children, Joshua R. Goldberg and Deborah B. Goldberg, who serves as state treasurer for Massachusetts. * This is a developing story. Check back for any updates. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/07/oceanfront-condo-breakers-row-brings-12-25-million-palm-beach/754247…

2/3

4/13/22, 12:07 PM

Palm Beach ‘spec’ mansion sale said to scrape $50 million near Mar-a-Lago

REAL-ESTATE

UPDATE: Trust buys ‘spec’ mansion for $48.5 million near Mar-a-Lago in Palm Beach: deed Deed shows a trust, with Martin L. Edelman as trustee, bought the never-lived-in house at 1030 S. Ocean Blvd., which was developed on speculation on a lot with an ocean view.

Darrell Hofheinz Palm Beach Daily News Published 5:57 p.m. ET April 6, 2022

Updated 9:23 a.m. ET April 12, 2022

A recently completed, never-lived-in mansion near former President Donald Trump’s Mar-aLago Club in Palm Beach has sold to a trust for $48.5 million, the price recorded with the deed.

Martin L. Edelman serves as trustee of the trust on the buyer’s side of 1030 S. Ocean Blvd., the deed shows. A real estate attorney by that name has the title “senior of counsel” at the Paul Hastings law firm in New York City. He did not immediately return a phone message left for him.

The trust is named after the address of the mansion.

The sale initially was confirmed April 6 by a statement emailed to the Palm Beach Daily News on behalf of the agency that held the listing. The deed was recorded April 11 at the Palm Beach County Courthouse.

The eight-bedroom mansion was developed on speculation by Lion’s View Partners, a real estate investment group. The property was owned through 1030SOcean LLC, a limited liability company co-managed by Palm Beach residents Nedim Soylemez and George P. “Beau” Taylor, business and property records show. Soylemez signed the deed on behalf of 1030SOcean LLC. In all, the mansion and its pool cabana have 15,237 square feet of living space, inside and out, according to the sales listing prepared by Compass Florida agent Chris Deitz. Deitz couldn’t https://www.palmbeachdailynews.com/story/business/real-estate/2022/04/06/palm-beach-spec-mansion-sale-said-scrape-50-m-near-mar-lago/948244…

1/4

4/13/22, 12:07 PM

Palm Beach ‘spec’ mansion sale said to scrape $50 million near Mar-a-Lago

be reached to discuss the transaction.

The neo-classical-style house entered the market, furnished, at $52.5 million in early January and landed under contract on Monday, according to the sales listing in the multiple listing service.

Listed in January: New Palm Beach house at 1030 S. Ocean Blvd. near Mar-a-Lago priced at $52.5M, furnished The statement emailed on behalf of Compass Florida quoted the sale price at $50 million, but it was unclear if that price included the furnishings in the house and other fees associated with the sale.

Broker Christian Angle of Christian Angle Real Estate confirmed he handled the buyer’s side of the sale but declined further comment.

The trust on the buyer’s end has a mailing address in care of Palm Beach attorney Paul Rampell’s office on Royal Palm Way. Rampell also declined to discuss the sale or the parties involved, and because of the rules governing trusts, no other information about anyone else connected with the buyer was available in public records.

The house stands on a lot of about six-tenths of an acre in the Estate Section, property records show. Its front door faces Via Palma, the fourth street north of Mar-a-Lago.

The property looks across the coastal road to what was for many years a vacant lot belonging to the owner of an adjacent oceanfront house. That owner recently broke ground on an addition on the lot that when finished will obstruct some — but not all — of the ocean views from the house that just sold, according to the design approved by the town.

The house that just changed hands has two stories and a below-ground area Deitz previously described as “entertainment level” with a home theater, game room and gym, which has a steam shower, the listing says.

“This is really one of the best high-end ‘spec’ custom homes that I've been involved with to date,” Deitz said about the house in January. “The quality (of the finishes) is at a level 10 in that house.”

Architects Harold Smith of Smith and Moore Architects and his son, Taylor Smith, designed the house, which was approved by the Architectural Commission in 2018.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/04/06/palm-beach-spec-mansion-sale-said-scrape-50-m-near-mar-lago/948244…

2/4

4/13/22, 12:07 PM

Palm Beach ‘spec’ mansion sale said to scrape $50 million near Mar-a-Lago

The layout was designed around a courtyard, where there’s a heated pool with a whirlpool spa and a cabana structure linked to the main house by a pergola-covered patio.

Other features include a well-equipped kitchen, a library and a 1,500-bottle walk-in wine cellar.

History in the neighborhood: Building Mar-a-Lago, Marjorie Merriweather Post’s Palm Beach showplace On the second floor, the “owner's suite” opens to an oceanview terrace. The suite also has dual walk-in closets with dressing areas and baths with a Roman tub and steam shower.

Construction was overseen by John Rogers of Rogers General Contracting Corp. in West Palm Beach. The interior finishes and furnishings were chosen by IMG Interior Marketing Group of New York City.

The $52 million price tag included the furnishings but not the artwork.

The house’s sellers paid $7.6 million for the property in 2018 and razed an outdated house to make room for the new one. Deitz, who at the time was affiliated with the agency that later became William Raveis South Florida, handled the buyer’s side of that deal. Agent Stephen Ploof, who was then with Linda A. Gary Real Estate but has since joined Douglas Elliman Real Estate, negotiated for seller Vanessa Porreca in 2018.

Soylemez and Taylor have been involved in other real estate deals in Palm Beach, courthouse records show. Both men built careers in the investments industry, specifically in the commodities-trading field, according to online biographical information.

Soylemez declined to commment, and Taylor couldn’t be reached.

Compass agent Jonathan Duerr assisted Deitz in marketing the house. He declined to comment.

The house was previously listed in late 2020 at a lower price — $42.5 million — while it was in construction. But that listing later dropped out of the MLS. The Wall Street Journal on April 6 was the first media outlet to report the sale. * This story was updated April 11, 2022, the day the deed recorded for the sale of 1030 S. Ocean Blvd. in Palm Beach. This is a developing story. Check back for updates. https://www.palmbeachdailynews.com/story/business/real-estate/2022/04/06/palm-beach-spec-mansion-sale-said-scrape-50-m-near-mar-lago/948244…

3/4

1/10/23, 8:58 AM

Designer Tom Ford is buyer behind $51M house purchase in Palm Beach

REAL-ESTATE

Designer Tom Ford behind trust that bought Palm Beach house for $51 million: sources The Palm Beach Daily News has confirmed that Ford is linked to the trust that bought a contemporary-style house at 241 Jungle Road in December.

Darrell Hofheinz Palm Beach Daily News Published 9:55 p.m. ET Jan. 9, 2023

Updated 8:27 a.m. ET Jan. 10, 2023

Fashion designer Tom Ford is the buyer behind a trust that paid a recorded $51 million in December for an award-winning, contemporary-style house in Palm Beach’s Estate Section, the Palm Beach Daily News has confirmed with multiple sources familiar with the off-market transaction.

As the Daily News reported at the time of the sale, the estate at 241 Jungle Road was sold by a limited liability company controlled by private-equity specialist Rob Heyvaert.

Ford bought the house through the Aurora Trust, for which California attorney Joel Patrick Erb serves as trustee. The trust’s mailing address on the deed is that of Gelfand, Rennert & Feldman, a Los Angeles law firm that specializes in representing celebrities. The deed was recorded Dec. 20.

The Wall Street Journal on Monday was the first outlet to report Ford’s involvement in the deal.

The estate was completed in 2016 as a custom home for longtime residents James Held and Kenn Karakul, who serves on the town’s architectural board. Heyvaert’s company last year bought the house for a recorded $35.75 million.

The estate comprises two single-story buildings with a combined 12,914 square feet of living space, inside and out, according to property records. On the north side of Jungle Road, the lake-block lot measures about an acre. https://www.palmbeachdailynews.com/story/business/real-estate/2023/01/10/designer-tom-ford-is-buyer-behind-51m-house-purchase-in-palm-beach-f…

1/4

1/10/23, 8:58 AM

Designer Tom Ford is buyer behind $51M house purchase in Palm Beach

The house stands about a half-mile south of Worth Avenue and about a mile north of former President Donald Trump's Mar-a-Lago Club.

Sale closed in December: Sold in 2021 for about $36M, Palm Beach house on Jungle Road brings $51M in off-market deal From the 2021 archives: UPDATE: Award-winning contemporary-style house fetches $35.75 million in Palm Beach: deed Ford could not be reached for comment late Monday. The Wall Street Journal reported that Ford and Heyvaert did not respond to a request for comment.

Broker Christian Angle of Christian Angle Real Estate confirmed in December he was the only real estate broker or agent involved in the sale. But Angle declined to make any further comment.

In November, The Estée Lauder Cos. announced it would acquire the Tom Ford brand, which it valued at $2.8 billion. The announcement said The Estée Lauder Cos. would be the sole owner of the brand “and all its intellectual property.”

With deep residential ties to Palm Beach, members of the billionaire Lauder family serve in a number of leadership positions at The Estée Lauder Cos. Ford founded his eponymous fashion label in 2005 after stints as creative director for Gucci and Yves Saint Laurent. The line includes apparel for men and women, beauty products, eyeglasses and accessories.

“I could not be happier with this acquisition as The Estée Lauder Companies is the ideal home for the brand,” Ford said in a statement accompanying November’s announcement of the acquisition.

Ford also has directed feature films, including 2009’s “A Single Man” starring Colin Firth.

Ford was nominated for an Academy Award for the film.

Heyvaert founded and is managing partner of Motive Partners, a specialist private-equity firm that focuses on financial technology.

Read more about the house: Architect Daniel Kahan designs a modern-style home with an environmental focus on Jungle Road Down to the ground! Crews begin razing billionaire’s $110-million-plus tear-down mansion in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2023/01/10/designer-tom-ford-is-buyer-behind-51m-house-purchase-in-palm-beach-f…

2/4

1/10/23, 8:58 AM

Designer Tom Ford is buyer behind $51M house purchase in Palm Beach

In 2019, the Preservation Foundation of Palm Beach awarded architect Daniel Kahan the Elizabeth L. and John H. Schuler Award, which recognizes excellence in new architecture, for his work on the Jungle Road house. Kahan, a principal with Smith and Moore Architects, shared the award with Held and Karakul.

Karakul, Held and Kahan could not be reached for comment.

The house has a gallery-white exterior, flat roof and custom-built, 13-foot-tall French doors.

The floorplan revolves around an open-air courtyard.

The house was built to be extremely energy efficient and environmentally sustainable, Held told the Palm Beach Daily News when the house won the award. Among its features is an extensive system of rooftop solar panels.

The layout includes an expansive living room with a 15-foot ceiling, a library, an office and a space originally designated as a music room. The family room, which is open to the breakfast area and kitchen, looks out to a loggia and the guesthouse on the opposite side of the swimming pool.

The Palm Beach Daily News was the first outlet to report the sale of the house in December. dhofheinz@pbdailynews.com * This is a developing story. Check back for updates.

Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz.

https://www.palmbeachdailynews.com/story/business/real-estate/2023/01/10/designer-tom-ford-is-buyer-behind-51m-house-purchase-in-palm-beach-f…

3/4

3/11/22, 1:02 PM

Condo resembling a townhome sells for nearly $18M in Palm Beach: MLS

REAL-ESTATE

Sold! Condo resembling a townhome fetches $17.8 million in Midtown Palm Beach, MLS shows The five-bedroom residence in the Palazzo Villas quad-plex at 221 Brazilian Ave. in Midtown last sold for $7 million two years ago.

Darrell Hofheinz Palm Beach Daily News Published 11:58 a.m. ET March 11, 2022

Updated 1:00 p.m. ET March 11, 2022

A five-bedroom condominium that looks like a townhouse — and is as large as many Palm Beach homes — has sold at 221 Brazilian Ave. for $17.8 million, the price reported Thursday in the multiple listing service.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/condo-resembling-townhome-sells-nearly-18-m-palm-beach-mls/6998988… 1/4

3/11/22, 1:02 PM

Condo resembling a townhome sells for nearly $18M in Palm Beach: MLS

The residence changed hands new two years ago for a recorded $7 million, the first of the units in its Midtown quad-plex to be sold by the project’s developer. The buyer in the 2020 sale was businessman Paul E. Gallagher, property records show.

The condo had been listed since early February at $17.995 million by broker Christian Angle of Christian Angle Real Estate.

The unit has 5,242 square feet of living space, inside and out, of which just over 5,000 square feet is air-conditioned, according to the sales listing.

The townhouse is on one end of the Palazzo Villas development on the north side of the Brazilian Ave., immediately west of a commercial building on South County Road. Its convenience to shopping and dining options on South County Road and Worth Avenue were among the development’s prime selling points.

A deed for the Palazzo Villas condo had not been recorded as of Friday morning, so the buyer’s identity is not yet available in public records. It’s also unclear whether the price reported in the MLS will match the one to be recorded with the deed at the Palm Beach County Courthouse.

Agent Alice D. Hodach of Keller Williams Palm Beach Island represented the buyer, according to the closed sales listing.

Listed in February: Price just set for 221 Brazilian Ave. scrapes $18 million, on the heels of nearby unit The Mediterranean-style development was completed in 2018. Each of the three-level residences, which share common walls, has its own two-car garage and, in the backyard, a private pool area with a covered loggia, whirlpool spa and summer kitchen.

Although the units in Palazzo Villas resemble townhouses, the development is classified as a condominium, so it has its own homeowners’ association, which maintains the landscaping and handles maintenance at the property.

Angle declined to discuss the sale, and Gallagher could not be reached immediately for comment.

But when Angle listed the residence, he told the Palm Beach Daily News: “It lives like a home in the center of town. And it has windows everywhere.”

https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/condo-resembling-townhome-sells-nearly-18-m-palm-beach-mls/6998988… 2/4

3/11/22, 1:02 PM

Condo resembling a townhome sells for nearly $18M in Palm Beach: MLS

When Gallagher bought the residence, he owned a condominium in the oceanfront Winthrop House, which he sold in June 2020 for a recorded $2.275 million, according to courthouse records.

In early 2021, Gallagher and his wife, Valeria, paid $895,000 for a renovated two-bedroom condominium in Villa Del Sur at 226 Brazilian Ave., property records show. That condo building is catty-corner from the Palazzo Villas on the opposite side of the street. The unit in Villa Del Sur, No. 2C, has 1,317 total square feet.

‘Perfect for entertaining’ Angle’s sales listing for the Palazzo Villas unit described the residence’s “gorgeous finishes” that include floors of hardwood and marble. The kitchen is outfitted with “top-of-the-line appliances” and has a nearby butler’s pantry.

The layout also includes an open-plan living area in which foot traffic flows easily through the living room, formal dining room, family area and breakfast room — “perfect for entertaining,” Angle’s listing states.

The “owner’s suite,” meanwhile has an en-suite bathroom, walk-in closets and a balcony overlooking the pool.

Other selling points included the 11½ -foot ceilings, an elevator, a fireplace, a generator, and impact-resistant windows and doors.

Price hike next door: Asking price for second-priciest Palm Beach condo rises to $19.5 million Big 2021 condo deals: What were the year’s biggest condo, townhouse sales in Palm Beach?

Angle acted on behalf of Gallagher when he bought the condo from developer ARCA 21 LLC, a limited liability company at one point controlled by the late businessman and real estate investor Arnaldo Cuhna Campos. With ties to Brazil and Boca Raton, Campos bankrolled the Palazzo Villas project.

In the 2020 sale, Douglas Elliman agents Christopher Leavitt and Ashley McIntosh acted for the developer.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/condo-resembling-townhome-sells-nearly-18-m-palm-beach-mls/6998988… 3/4

3/11/22, 1:02 PM

Condo resembling a townhome sells for nearly $18M in Palm Beach: MLS

One other condo in Palazzo Villas, at 219 Brazilian Ave., is listed for saIe in the MLS, which also shows it is under contract. Agent Jim McCann of Premier Estate Properties has that unit priced, furnished, at $19.95 million. No 219 had been extensively customized before it sold in May for a recorded $11.99 million.

Property records show No. 219 is owned by a land trust for which Palm Beach attorney M. Timothy Hanlon serves as trustee.

In the Gallaghers’ February 2021 purchase at Villa Del Dur, agent Leslie Dashiell of the Corcoran Group handled both sides, the MLS shows. In Paul Gallagher’s June 2020 sale of unit No. 307 at the Winthrop House, 100 Worth Ave., the MLS shows Angle was the listing broker opposite agent James Upham Clarke of Illustrated Properties. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/condo-resembling-townhome-sells-nearly-18-m-palm-beach-mls/6998988… 4/4

12/7/22, 8:52 AM

Buyer of Palm Beach home linked to Reyes family’s beer-and-food empire

REAL-ESTATE

Buyer of Palm Beach house is linked to Reyes family’s beer-distribution empire A remodeled Bermuda-style house at 231 El Dorado Lane in Palm Beach has changed hands for a recorded $9.55 million.

Darrell Hofheinz Palm Beach Daily News Published 8:23 a.m. ET Dec. 7, 2022

Updated 8:46 a.m. ET Dec. 7, 2022

A company associated with the Reyes family’s beer-distribution empire has paid $9.55 million for a four-bedroom house on the North End of Palm Beach, according to a deed recorded Nov. 6.

A Delaware-registered limited liability company named Rockefeller Road LLC bought the house at 231 El Dorado Lane, the document shows.

Pubic records link Rockefeller Road LLC to Reyes Holdings LLC, the Rosemont, Illinoisbased food-and-beverage distribution company with more than $30 billion in sales and 33,000 employees, according to Forbes and the company website.

Rockefeller Road LLC bought the house from another Delaware-registered entity, Golden Gator Road Holdings LLC., which paid a recorded $4.27 million for the house in June 2020, property records show.

The deed lists Golden Gator Road Holdings address as 250 Royal Palm Way, Suite 305, in Palm Beach. New York attorney Anthony Onorato signed the deed as the seller’s authorized representative.

No other information about the seller was immediately available in public records.

The Bermuda-style house has been extensively remodeled since it was built in 1955.

With 3,961 square feet of living space, inside and out, the residence features fine finishes, custom built-in cabinetry, a gas fireplace in the living room and a well-equipped kitchen, https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/07/buyer-palm-beach-home-linked-reyes-familys-beer-and-food-empire/108…

1/4

12/7/22, 8:52 AM

Buyer of Palm Beach home linked to Reyes family’s beer-and-food empire

according to the sales listing prepared by broker Christian Angle of Christian Angle Real Estate.

Down to the ground! Crews begin razing billionaire’s $110-million-plus tear-down mansion in Palm Beach Big listing: Casino billionaire Steve Wynn lists investment house in Palm Beach at $78.5 million Members of the Reyes family have been linked to a number of Palm Beach real estate transactions over the years. But it’s unclear who exactly is behind the entity that bought the house.

Sotheby’s International Realty agents Lisa and John Cregan, represented the buyer, according to the updated sales listing in the multiple listing service. The sale closed Dec. 1, the MLS shows.

Like Angle, the Cregans did not immediately respond to a message seeking comment.

The Cregans represented billionaire David “Duke” K. Reyes and his wife, Pamela A. Perri Reyes, in April when they sold, for a recorded $21 million, a house they owned at 151 Chilean Ave. in Midtown, according to records at the courthouse and in the MLS. The Reyeses are said to have bought a house in the Estate Section.

Related sale?: Billionaire Duke Reyes, wife sell house in Midtown Palm Beach for $21 million Duke Reyes is on the list: Palm Beach sees hike in billionaires, analysis of Forbes data shows

James Reyes also owns a Palm Beach home, property records show Duke Reyes is CEO of Reyes Holdings, the parent of Reyes Beer Division; MB (Martin Bowers), which is billed as the largest McDonald’s distributor in the world; and Reyes CocaCola Bottling, which serves the Midwest and the West Coast.

Reyes Holdings was founded by Duke Reyes’ older brothers, Chris and Jude Reyes, who serve as its co-chairmen. Two other brothers, including Palm Beach resident James Reyes, are also involved in the company. https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/07/buyer-palm-beach-home-linked-reyes-familys-beer-and-food-empire/108…

2/4

12/7/22, 8:52 AM

Buyer of Palm Beach home linked to Reyes family’s beer-and-food empire

The Reyes’ company in early 2015 bought Gold Coast Beverage Distributors — a beer distributor based in Doral in Miami-Dade County — from Palm Beach resident Stephen Levin.

West Palm Beach attorney Paul Krasker signed a 30-year, $7.16-million mortgage with Citibank on the house on El Dorado Lane on behalf of Rockefeller Road LLC. The mortgage document was recorded simultaneously with the deed.

Illinois-based accountant and wealth manager Ronald J. Spiotta is listed in business records as the manager of Rockerfeller Road LLC.

Palm Beach house on El Dorado Lane has soaring ceilings, fine finishes Angle’s listed the house in August for $9.75 million. It stands on a midblock lot on the fourth street south of the Palm Beach Country Club.

The sales listing described the open floor plan and its “light and bright” formal living room with soaring ceilings. There are also “stunning solid oak flooring, marble flooring, Porcelinosa bathrooms and Fantini bath fixtures,” the listing said. The layout includes an expansive primary suite, a library and a two-car garage.

The front and rear gated gardens were designed by Nievera Williams Design. The rear of the house features a covered loggia and a pool.

Angle also handled both sides of the 2020 deal when Golden Gator Holdings LLC bought the house from Peter and Irina Dictenberg, courthouse and MLS records show.

In the April sale involving Duke and Pamela Reyes on Chilean Avenue, Compass Florida agent Jonathan Duerr represented the buyer, a land trust. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/07/buyer-palm-beach-home-linked-reyes-familys-beer-and-food-empire/108…

3/4

6/10/22, 12:31 PM

Palm Beach house brings nearly $40M after selling year ago for $25.4M

REAL-ESTATE

Lakeside Palm Beach house brings $39.9M after selling last year for $25.4M, records show

auty mogul Adrien Arpel sold 1020 N. Lake Way to a company controlled by s, who just flipped it for $14.525 million more. A trust was on the buyer’s side of the Darrell Hofheinz Palm Beach Daily News Published 12:47 p.m. ET June 3, 2022

Updated 2:52 p.m. ET June 4, 2022

A lakefront house that changed hands about a year ago for $25.375 million in Palm Beach was resold this week for its asking price of $39.9 million, the price recorded with the deeds.

The price difference — $14.525 million — between the sales at 1020 N. Lake Way represents a 57 percent hike in value for the house, which was sold last year by beauty mogul and homeshopping television star Adrien Arpel.

Lakefront properties with water deep enough to accommodate a yacht of 75 to 80 feet in length, depending on its draft, are rare finds in Palm Beach and fetch premium prices, thanks to intense buyer demand, according to Palm Beach real estate observers.

Arpel sold her four-bedroom house in May 2021 to a company controlled by businessman Warren B. Kanders and his wife, Allison, who have ties to Greenwich, Connecticut.

In November 2020, the couple bought another North End house from singer Jimmy Buffett and his wife, Jane.

They bought Jimmy Buffet's home: Jimmy Buffett, wife sell house in Palm Beach for $6.9 million Rare properties: Yacht owners shopping for deep-water lakefront in Palm Beach have just a few choices https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/03/palm-beach-house-brings-40-million-after-selling-year-ago-for-about-25-…

1/4

6/10/22, 12:31 PM

Palm Beach house brings nearly $40M after selling year ago for $25.4M

The Kanderses had sought, unsuccessfully, permission from the town’s architectural board to build a new house they had designed to replace the home at 1020 N. Lake Way. Built in 1998, the two-story house stands on nearly half an acre at the intersection of North Lake Way and Garden Road, six streets north of Palm Beach Country Club.

With about 7,600 square feet, the house looks out to 105 feet of waterfront, a deepwater dock and the Rybovich Marina in West Palm Beach.

A revocable trust named after the property’s address was on the buyer’s side, according to the deed recorded Friday by the Palm Beach County Clerk’s office. West Palm Beach attorney Paul A. Krasker serves as its trustee.

Because of privacy rules governing trusts, no other information about anyone else connected to the buyer’s side was immediately available in public records.

The house was on the market for only two weeks before it landed under contract April 29, according to its sales listing, which was updated Friday in the local multiple listing service.

Broker Christian Angle of Christian Angle Real Estate had the listing. He declined to comment for this story.

But shortly after the property entered the market April 15, he told the Palm Beach Daily News, “We’ve gotten a lot of interest and have been doing multiple showings.

Agents Paulette Koch and Dana Koch of the Corcoran Group handled the buyer’s side. Dana Koch declined to discuss the sale.

Sold about a year ago: Beauty maven Adrien Arpel sells Palm Beach lakeside house for $25.38 million: deed Arpel buys condo under married name: Palm Beach homes: Seaside condo brings $9.41 million; sellers built new home Warren Kanders’ resume has included investing in industries ranging from health care, hospitality and restaurants to infrastructure and real estate, according to an online biographical sketch. He founded Benson Eyecare Corp. and has served as executive chairman of Clarus Corp., president of Kanders & Co., and chairman and CEO of Maui https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/03/palm-beach-house-brings-40-million-after-selling-year-ago-for-about-25-…

2/4

6/10/22, 12:31 PM

Palm Beach house brings nearly $40M after selling year ago for $25.4M

Acquisition Corp. The latter is the parent company of The Safariland Group, which owns Safariland, a manufacturer and distributor of products used by law enforcement, military, fire-rescue and EMS personnel.

Arpel had owned — and sold — the house, which she extensively renovated, under her married name, Adrienne Newman. In 2020, she paid $9.4 million for an oceanside condominium at the Leverett House on Sunset Avenue, property records show.

The house on North Lake Way has French-influenced architecture with a mansard-style roof and a brick motor court fronting the attached two-car garage. In addition to the main bedrooms, the house has a one-bedroom staff apartment with a separate entrance.

The layout includes a formal dining room, a wet bar and a living area with French doors that open to a covered loggia offering views of the backyard pool and the lake beyond. Interior details include stone floors, coffered ceilings and a sleek kitchen accented with wood elements.

Shortly after buying the house, the Kanderses earned the town’s permission to demolish it.

In November, the Architectural Commission voted 4-3 to kill a Palm Beach Regency-style design by Michael Perry of MP Design & Architecture after it had been in the review process for several months. The board said it lacked architectural interest, was too boxy and appeared too formal for the neighborhood.

When Perry returned to the commission with a new neoclassical design in March, board members asked him to refine the proposed house’s proportions, scale and some details before deferring the project to their April meeting. But the owners instead requested and got deferrals at the April and May meetings.

Whoever bought the house this week is considering keeping it intact, sources familiar with the transaction told the Palm Beach Daily News.

Angle represented the Kanderses last year when they bought the house in a deal that saw broker Lawrence Moens of Lawrence A. Moens Associates acting on behalf of Arpel.

Property records list a Palm Beach address on Royal Poinciana Way for Three Palm Trees LLC, the Florida-registered company that Warren Kanders used to buy the property from Arpel. He has family ties to Palm Beach, where his parents, Jeanne Kanders and Dr. Ralph Kanders, own a condominium, property records show.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/03/palm-beach-house-brings-40-million-after-selling-year-ago-for-about-25-…

3/4

6/10/22, 12:31 PM

Palm Beach house brings nearly $40M after selling year ago for $25.4M

Angle also represented the Kanderses when they bought the former Buffett house last fall on Garden Road, negotiating opposite listing broker Denise A. Hanley of Denise A. Hanley Inc. When Arpel bought her Leverett House condo in March 2020, agent Cristina Condon of Sotheby’s International Realty handled the buyer’s side of opposite listing agent Suzanne Frisbie, then of Premier Estate Properties but today with the Corcoran Group.

A New Jersey native with ties to New York, Arpel bought the house on North Lake Way in 2000, property records show.

Arpel entered the beauty industry as a teenager more than 50 years ago, according to published biographical sketches. She developed her own line of makeup under the brand Adrien Arpel, a name she devised, and sold it in department stores. In 1992, she became a popular vendor on the HSN shopping network, where her beauty and jewelry lines are marketed under the name Signature Club A by Adrienne. She has written several books on beauty topics. * This story was updated from a previous version. This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/03/palm-beach-house-brings-40-million-after-selling-year-ago-for-about-25-…

4/4

1/6/22, 6:12 PM

Palm Beach house fetches $13.21M, or 75 percent more than a year ago

REAL-ESTATE

Palm Beach house that sold for $7.5M a year ago resold for $13.21 million, MLS shows The house at 215 Via Tortuga is in the Phipps Estate neighborhood on the North End of town.

Darrell Hofheinz Palm Beach Daily News Published 1:54 p.m. ET Jan. 6, 2022

Updated 2:29 p.m. ET Jan. 6, 2022

A house in Palm Beach’s Phipps Estate enclave has changed hands for $13.21 million — about 75 percent more than it sold for about a year ago, according to courthouse records and a sales listing updated Wednesday.

The three-bedroom house 215 Via Tortuga on the near North End was apparently sold by a Florida limited liability company named after the address. That company paid a recorded $7.25 million for it in late December 2020.

A deed for the most recent sale had not been recorded as of Thursday afternoon, so the buyer’s identity wasn’t yet available in public records. It was also unclear if the price for the closed sale reported in the multiple listing service would match the one expected to be recorded by the Palm Beach County Clerk’s office.

The house is only the latest property to change hands in Palm Beach at a price significantly higher than it sold for in 2020 or 2021. Since March 2020 — when town officials first declared a state of emergency in reaction to the coronavirus pandemic — Palm Beach has seen a rush of real estate sales, which has depleted the housing supply and created a sellers’ market that has sent prices soaring.

Big flip: Palm Beach estate sells for $41.7M — $15.6M more than it sold for in January The entity that owned the property on Via Tortuga is managed by real estate attorney Robert.

S. Raynes Jr. of the Gunster law office in Stuart, courthouse and business records show.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/06/palm-beach-house-fetches-12-21-m-75-percent-more-than-year-ago/911…

1/3

1/6/22, 6:12 PM

Palm Beach house fetches $13.21M, or 75 percent more than a year ago

Broker Christian Angle of Christian Angle Real Estate, who represented the seller, also handled the buyer’s side of the sale a year ago, according to the multiple listing service.

Angle listed the house at $14.9 million on Nov. 30 and it was under contract within a week, the MLS shows. Agent Spencer J. Schlager of Douglas Elliman Real Estate brought the buyer.

Angle and Schlager declined to comment about the sale on Via Tortuga. A phone message left Thursday for Raynes was not immediately returned.

House among first built in neighborhood The single-story house was built in 1997 and was one of the original homes developed in the Phipps Estate neighborhood. With 6,738 square feet of living space, inside and out, the house stands on the northernmost of the two streets in the development, which lies about a mile north of Royal Poinciana Way. Angle’s sales listing mentioned the house has living areas “perfect for entertaining.” The foyer leads to an “oversized” living room and the formal dining room. There’s also a club room with a full bar. At the rear of the house, an outdoor loggia overlooks a patio and swimming pool.

The master’s suite has five walk-in closets, two full bathrooms and a sitting room, according to the listing.

The company that owned the house, 215 Via Tortuga LLC, bought it in a sale that closed Dec. 30, 2020, from the estate of the late Violet Werner, who died at 93 in February 2019. Broker Lawrence Moens of Lawrence A. Moens Associates held the listing when Werner’s two children sold the house.

Werner had bought the house in December 1996 with her late husband, Harvey L. Werner, for $1.275 million. The couple had ties to Minneapolis.

Price hike: Palazzo Villas unit sold for $6M in January flipped for $12M: deed The house is one of six houses listed in the MLS to have sold in Phipps Estate in the last two years, an online search Thursday showed.

Via Torguga and Via Las Brisas — the other street in Phipps Estate — border the multiacre estate known as Casa Phippsberger, which is home to artist Susie Phipps Cochran and her businessman husband, Bob Eigelberger. https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/06/palm-beach-house-fetches-12-21-m-75-percent-more-than-year-ago/911…

2/3

1/6/22, 6:12 PM

Palm Beach house fetches $13.21M, or 75 percent more than a year ago

As the first planned single-family development in town, Phipps Estate was developed by the Dan E. and Karen Swanson of Addison Development Corp. on land once owned by the Phipps family, who were among Palm Beach's most prominent property owners.

The main entrance to the neighborhood is off North County Road, with gated entrances also accessing North Lake Way. The neighborhood has a residents’ association and offers homeowners concierge services.

Another Palm Beach flip: House sold in December for $7M resold for $11M In November, the players on the seller’s side of the Via Tortuga sale both took part on the buyer’s end of much larger real estate deal at 1700 S. Ocean Blvd. in Palm Beach, but it’s unclear if the two sales are related.

In the transaction on South Ocean Boulevard, a new oceanfront mansion sold for a recorded at $41 million. Raynes manages the Florida limited liability company – named after the property’s address – that bought the property, while Angle acted for the buyer at the negotiating table. No one else associated with the buyer on South Ocean Boulevard has been identified in public records.

Angle has declined consistently to discuss the South Ocean Boulevard sale, as has the listing agent, Shelly Newman of William Raveis South Florida. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/06/palm-beach-house-fetches-12-21-m-75-percent-more-than-year-ago/911…

3/3

6/10/22, 12:32 PM

Palm Beach house fetches $23.85M, a 76% jump in value since 2020 sale

REAL-ESTATE

Palm Beach house fetches $23.85 million, a 76% jump in value since it sold new in 2020 Completed in 2020, the house at 101 Gulfstream Road near Midtown Beach just sold at close to its asking price, the multiple listing service shows.

Darrell Hofheinz Palm Beach Daily News Published 12:40 p.m. ET May 23, 2022

Updated 9:32 a.m. ET May 24, 2022

A house completed on speculation in 2020 near the ocean in Midtown Palm Beach has sold for a recorded $23.85 million, or just shy of its asking price in local multiple listing service.

The house last changed hands for a recorded $13.525 million in July 2020, and its 76% jump in value reflects the fierce demand for newer homes that has kept real estate agents scrambling during the past two years.

In the 2020 sale, Mark T. and Elizabeth A. Massey of South Hamilton, Massachusetts, bought the house from its developer through their ChubbyChooChoo Trust, for which Oliver F. Ames Jr. served as trustee, property records show. All three of their names are listed on the seller's side of the deed for the sale that closed last week.

The buyer was 101 Waters Edge LLC, a Delaware-registered limited liability company with an address at an office building at 444 Lake St. in Chicago. Because of Delaware's strict corporate privacy laws, no other information about the buyer's side of the sale was immediately available in public records.

The five-bedroom house has 9,069 square feet of living space, inside and out, according to the sales listing prepared by broker Christian Angle of Christian Angle Real Estate.

Angle had listed the house in early February at $23.95 million. The property was under contact by March 25 and the sale closed Friday, the MLS shows.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/23/palm-beach-house-fetches-23-85-m-76-jump-value-since-2020-sale/9893… 1/3

6/10/22, 12:32 PM

Palm Beach house fetches $23.85M, a 76% jump in value since 2020 sale

Online sources show a Mark T. Massey co-founded AltaRock Partners LLC, a Massachusettsbased hedge fund.

With ties to Massachusetts, the Masseys have the Palm Beach house homesteaded as their primary residence in the latest tax rolls, records show.

Agents Pat McInerney and Sylvia James of Brown Harris Stevens handled the buyer’s side of the sale, the MLS shows.

McInerney declined to comment, and Angle and his clients could not immediately be reached.

Palm Beach-based Frisbie Group developed the house on a third of an acre after buying the lot vacant in 2018 as part of its $26.3 million purchase of the old Charley’s Crab restaurant site facing Midtown Beach.

The developer razed the restaurant and built four ultra-luxury townhouses on the oceanfront portion of the property, three of which have sold for a combined $83.35 million.

House sold new in 2020: Frisbie Group’s ‘spec’ home brings $13.53M at 101 Gulfstream Road, deed shows New townhomes bring big bucks: Seaside townhouse quadplex sees third sale, for $27.75 million, in Palm Beach, deed shows Designed by architect Roger Janssen, the Mediterranean-style house that just changed hands stands immediately west of the townhouse project.

With beamed ceilings and hardwood floors, the house has a formal living room with a fireplace along with a library, Angle’s sale listing shows.

A butler’s pantry links the formal dining room to a well-equipped kitchen, while the nearby family room has a wet bar and built-in cabinetry. Folding glass doors open to a covered loggia designed for indoor/outdoor entertaining, the listing says. A detached cabana overlooks the pool, which has a built-in whirlpool spa.

The house also has a finished basement with a media-and-game area, wine storage and a “bonus room.”

In the 2020 transaction, Angle handled the buyer’s side. He negotiated opposite agent Suzanne Frisbie, a Frisbie Group principal who at the time was affiliated with Premier Estate Properties but has since moved to the Corcoran Group. https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/23/palm-beach-house-fetches-23-85-m-76-jump-value-since-2020-sale/9893… 2/3

6/10/22, 12:32 PM

Palm Beach house fetches $23.85M, a 76% jump in value since 2020 sale

* This story was updated May 24, 2022 — the day the deed recorded for the sale of 101 Gulfstream Ave. — to include information about the buyer. This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/23/palm-beach-house-fetches-23-85-m-76-jump-value-since-2020-sale/9893… 3/3

12/20/22, 3:33 PM

Palm Beach house fetches $51M after selling last year for about $36M

REAL-ESTATE

Sold last year for about $36M, Palm Beach house brings $51M in off-market deal Darrell Hofheinz Palm Beach Daily News Published 1:09 p.m. ET Dec. 20, 2022

Updated 1:30 p.m. ET Dec. 20, 2022

After selling in the summer of 2021 for $35.75 million, an award-winning, contemporarystyle house in Palm Beach has just changed hands for $51 million, according to the prices recorded with the deeds in the off-market sales.

Private-equity specialist Rob Heyvaert sold the Estate Section house and guesthouse at 241 Jungle Road through RH Real Estate Organization LLC, a Delaware-registered limited liability company he controls, the deed recorded Tuesday shows. RH Real Estate Organization LLC bought the Palm Beach estate in August last year, courthouse records show.

A trust was on the buyer’s side in the sale recorded this week, with California attorney Joel Patrick Erb serving as trustee. The 241 Aurora Trust’s mailing address on the deed is that of Gelfand, Rennert & Feldman, a Los Angeles law firm that specializes in representing celebrities, according to published reports.

Erb works at a different law firm, Pioneer Law Group in Sacramento, according to online records. He couldn’t immediately be reached for comment, and because of the rules governing trusts, no other information about the buyer was immediately available in public records.

Sold last year: UPDATE: Award-winning contemporary-style house fetches $35.75 million in Palm Beach: deed Read more about the Jungle Road house: 'Simplicity and Consistency' https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/20/palm-beach-house-fetches-51m-after-selling-last-year-for-about-36m/697…

1/4

12/20/22, 3:33 PM

Palm Beach house fetches $51M after selling last year for about $36M

The estate on Jungle Road was completed in 2016 as a custom home for longtime Palm Beach residents James Held and Kenn Karakul, who serves on the town’s architectural board.

The estate comprises two single-story buildings with a combined 12,914 square feet of living space, inside and out, according to property records. On the north side of the Jungle Road, the lake-block lot measures about an acre and is the second parcel west of South County Road. The house stands about a half-mile south of Worth Avenue and about a mile north of former President Donald Trump’s Mar-a-Lago Club.

Broker Christian Angle of Christian Angle Real Estate confirmed that he was the only real estate broker or agent involved in this week’s sale. He declined to make any further comment.

Heyvaert founded and is managing partner of Motive Partners, a specialist private-equity firm that focuses on financial technology. The company has locations in New York and London. Through his office, Heyvaert declined to comment about the sale.

Architect Daniel Kahan designed the house, with its gallery-white exterior, flat roof and custom-built, 13-foot-tall French doors. The floorplan revolves around an open-air courtyard.

In 2019, the Preservation Foundation of Palm Beach awarded Kahan the Elizabeth L. and John H. Schuler Award, which recognizes excellence in new architecture. Kahan, a principal with Smith and Moore Architects, shared the award with Held and Karakul.

America’s wealthiest: America’s wealthiest: Trump back on Forbes 400 and is among list’s 34 Palm Beach billionaires Down to the ground! Crews begin razing billionaire’s $110-million-plus tear-down mansion in Palm Beach The house was built to be extremely energy efficient and environmentally sustainable, Held told the Palm Beach Daily News when the house won the award. The design featured an extensive system of rooftop solar panels, while parts of the flat roof were planted with strips of grass to help absorb heat from the sun. The house also was designed with a fresh-air ventilation system, a technologically advanced water-collection system and highly efficient air-conditioning units.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/20/palm-beach-house-fetches-51m-after-selling-last-year-for-about-36m/697…

2/4

12/20/22, 3:33 PM

Palm Beach house fetches $51M after selling last year for about $36M

The layout includes an expansive living room with a 15-foot ceiling, a library, an office and a space originally designated as a music room. The family room, which is open to the breakfast area and kitchen, looks out to a loggia and the guesthouse on the opposite side of the swimming pool.

Landscape architect Mario Nievera of Nievera Williams Design drew up the original plans for the grounds. The construction was overseen by contractor Hugh Davis of Davis General Contracting.

The sale is the second off-market transaction above $30 million on Jungle Road this month.

Via a deed recorded Dec. 12, an ownership entity affiliated with Palm Beach real estate investor Richard True and Courchene Development Co. of Boca Raton sold, for a recorded $32 million, a never-lived-in house they developed on speculation at 220 Jungle Road. The buyer in that deal was a trust for which Palm Beach real estate attorney Louis L. Hamby III acted as trustee. Angle was the only broker involved in the sale of No. 220, the broker confirmed.

The six-bedroom, Mediterranean-style house at 220 Jungle Road has about 9,000 square feet of living space, inside and out, according to the plans approved in 2019 by the Architectural Commission. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/20/palm-beach-house-fetches-51m-after-selling-last-year-for-about-36m/697…

3/4

2/8/22, 8:45 AM

Palm Beach house nearly doubles its sale price from a year ago: deeds

REAL-ESTATE

Palm Beach house fetches nearly twice what it sold for a year ago: deeds A newer house at 307 Chilean Ave. sells for $12 million after changing hands in December 2020 for $6.34 million, according to the prices recorded at the courthouse.

Darrell Hofheinz Palm Beach Daily News Published 1:57 p.m. ET Jan. 28, 2022

Updated 9:42 p.m. ET Jan. 29, 2022

Add another home sale to the ever-growing list of Palm Beach real estate transactions where sellers have seen their investments deliver breathtaking short-term returns.

A four-bedroom house at 307 Chilean Ave. sold this week for nearly double what the seller paid for it in December 2020, the year it was built, according to the prices documented with the deeds. https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/28/palm-beach-house-nearly-doubles-its-sale-price-year-ago-deeds/925162…

1/4

2/8/22, 8:45 AM

Palm Beach house nearly doubles its sale price from a year ago: deeds

The sale was recorded Wednesday at $12 million by the Palm Beach County Clerk’s office.

The 2020 deed shows the property sold for $6.34 million.

The house has 3,988 square feet, of which 3,462 square feet is air-conditioned.

The seller this week was Grammarian Inc. That Florida corporation’s vice president is Fawwaz Nazem Kudsi, who signed the deed.

On the buyer’s side was KLS Investments LLC, a Delaware-registered limited liability company with a Houston address that matches that of Senterra Real Estate Group. Headed

by Chairman and CEO Neil H. Tofsky, Senterra Real Estate Group has experience in commercial and residential development, along with real estate management, leasing, construction and acquisitions, according to its website.

Broker Christian Angle of Christian Angle Real Estate represented the buyer. He declined to discuss the transaction.

The lot measures less than two-tenths of an acre and is the second property west of Hibiscus Avenue on one of Palm Beach’s oldest platted streets. Chilean Avenue is two blocks north of Worth Avenue.

The sales listing shows agent Elizabeth DeWoody of Compass Florida set a price of $12.5 million when the property entered the multiple listing service Dec. 20. It was under contract

by Jan. 10, and the deal closed 15 days later, the MLS shows.

DeWoody declined to comment.

The house was marketed unfurnished, but DeWoody’s listing described it as move-in ready — requiring no renovations — as a prime selling point in Palm Beach’s ultra-competitive real estate market at the height of the winter season.

“Bring your toothbrush,” the listing said.

DeWoody’s listing mentioned the house's “state-of-the-art” security system and its wellequipped kitchen — with two dishwashers — and Wolf, Sub-Zero and Miele appliances. The layout also includes a single-car garage, an elevator, a pair of laundry rooms and a master suite with twin closets and bathrooms.

The 2020 sales listing described floors of European white oak and white Bulgarian limestone flooring. https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/28/palm-beach-house-nearly-doubles-its-sale-price-year-ago-deeds/925162…

2/4

2/8/22, 8:45 AM

Palm Beach house nearly doubles its sale price from a year ago: deeds

The outdoor-entertaining area includes a pool, a whirlpool spa, an outdoor shower, a barbecue grill and a covered loggia equipped with motorized screens.

The house was designed by Palm Beach Architect Patrick Segraves of SKA Architect + Planner and built by Dunworth Builders. The landscape plan was created by Nievera Williams Landscape Design.

The residence was built as a custom home for the sellers in the 2020 deal, Justin B. and Meira S. Besikof, who instead decided to sell it as its completion neared. They had paid $2.25 million for the property in May 2019, property records show, and razed a four-bedroom rental-apartment building to accommodate the house.

The sales price recorded in the MLS for the 2020 sale was $6.9 million, a higher price than the one documented at the courthouse. Courthouse prices are frequently lower than contract prices, which may include items such as real estate commissions, closing costs and other fees.

In the 2020 sale, DeWoody acted for the buyer opposite Linda Olsson of Linda R. Olsson Inc., who in turn represented the Besikofs when they bought the property the previous year.

In the latter sale, agent Burt Minkoff of Douglas Elliman Real Estate was the listing agent.

Seller sold another Palm Beach home The seller in this week’s deal has bought and sold at least one other house in Palm Beach, courthouse records show. In May 2017, Grammarian Inc. paid a recorded $5.48 million for a then-new four-bedroom house with 5,207 square feet at 1233 N. Ocean Way on the North End. Sold in 2020: Palm Beach real estate: Grammarian Inc sells N. Ocean Way home Grammarian Inc. sold the North Ocean Way house for a recorded $7 million in November 2020 to Scott R. Norman of Chattanooga, Tennessee, according to property records. Officers of Grammarian Inc. include Kudsi along with Nazem Fawwaz Nazem Alkudsi and Hashim Fawwaz Nazem Alkudsi, according to state business records.

They have ties to Abu Dhabi in the United Arab Emirates, records show.

In the 2020 sale on North Ocean Way, DeWoody returned to represent the seller opposite Douglas Elliman agent Michael Costello, who has since joined Compass Florida. MLS records show DeWoody also had represented both sides in the 2017 sale, when she was affiliated with the Corcoran Group. https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/28/palm-beach-house-nearly-doubles-its-sale-price-year-ago-deeds/925162…

3/4

2/8/22, 8:45 AM

Palm Beach house nearly doubles its sale price from a year ago: deeds

Other sizable returns Driven by the strong sellers’ market, a number of other houses in Palm Beach have sold at prices that far exceeded the ones recorded in previous sales within the past year. Earlier this month, for example, a three-bedroom, 6,738-square foot house at 215 Via Tortuga changed hands for a recorded $13.21 million — about 75% more than it sold for in December 2020, according to courthouse records.

Solid profit: Palm Beach house that sold for $7.5M a year ago resold for $13.21M, deed shows And last month, a five-bedroom house at 231 Nightingale Trail in Palm Beach fetched a recorded $12.35 million; it sold in December 2020 for a recorded $9.35 million.

November saw a sale recorded $12.475 million for a four-bedroom, 4,968-square-foot house the sellers bought new in November 2020 for a recorded $7.44 million at 211 Ocean Terrace.

Notable sale: Sold new a year ago for $7.44 million, house fetches $12.48 million in Palm Beach The escalating price trends were backed up in fourth-quarter Palm Beach sales reports released recently by real estate agencies. Those reports generally agreed that prices had skyrocketed in 2021. The report released by the Corcoran Group, for instance, noted that average sale prices for single-family homes rose more than 80%.

A big year in sales: Palm Beach property deals in 2021 hit record $4 billion: Q4 sales reports The market has seen an influx of buyers partly driven not only by a desire for more open space because of the coronavirus pandemic. Other market forces at play include the popular work-from-home trend, relatively low interest rates and Florida’s favorable taxes compared to other areas of the country, real estate observers say. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today. https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/28/palm-beach-house-nearly-doubles-its-sale-price-year-ago-deeds/925162…

4/4

1/7/22, 10:53 AM

Palm Beach house sale tops $12M, at $1 million over asking price

REAL-ESTATE

Palm Beach house sells for recorded $12.25 million — $1 million over asking price Darrell Hofheinz Palm Beach Daily News Published 7:01 a.m. ET Jan. 7, 2022

Updated 10:13 a.m. ET Jan. 7, 2022

Longtime Palm Beachers Lawrence “Larry” F. and Victoria Lunt have sold — for a recorded $12.25 million — the four-bedroom house they bought new for about $5 million in 2017 on Palm Beach’s North End. The sales price exceeded by $1 million the asking of $11.25 million that was set when the property at 225 Plantation Road entered the local multiple listing price at the tail end of October.

The two-story house was developed on speculation by Sciame Homes and completed in 2015 with 4,683 square feet of living space, inside and out.

The buyer was a Florida limited liability company named after the property’s address and managed by Buckhead Development LLC of Atlanta, according to the deed recorded Thursday.

Buckhead Development LLC, in turn, is managed by Bijon Memar, according to courthouse records. A man by that name founded and is chairman of Medac Inc., which provides anesthesia products and services to clients in 40 states, according to its website. The company is based in North Augusta, South Carolina. Memar also founded and heads KAM Technologies, a related company.

Heard the latest? Read more Palm Beach real estate news On the seller’s side was a Florida limited partnership named Casa Para Siempre LP of Greenwich, Connecticut. Larry Lunt manages the selling entity’s Connecticut-registered parent company, Armonia LLC, the deed recorded Thursday show.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/07/palm-beach-house-sale-tops-12-m-1-million-over-asking-price/9123027002/ 1/3

1/7/22, 10:53 AM

Palm Beach house sale tops $12M, at $1 million over asking price

With West Indies-style architecture, the house has an open floor plan focused on a great room, according to a previous story in the Palm Beach Daily News. The house has a secondfloor master suite, a library, a loggia and a cabana among its features. There also are an elevator and a two-car garage.

The lot measures about a quarter of an acre and lies eight blocks south of the Palm Beach County Club.

The Lunts have owned a home in Palm Beach since at least 2003, property records show. Belgian-born Larry Lunt is a private investor who manages his family office in Greenwich.

Nearby sale: Plantation Road house that sold for $7.5 million a year ago sells again for $13.21 million, MLS shows Broker Christian Angle of Christian Angle Real Estate held the listing for the house on Plantation Road. He landed it under contract on Nov. 8, about two weeks after the listing entered the MLS. Angle declined to comment about the transaction, which closed Dec. 29.

Agent Elizabeth DeWoody of Compass Florida acted on behalf of the buyer, according to the MLS. She also declined to comment.

Memar signed a $7.9 million, 30-year mortgage on the property with Northern Trust Co. The mortgage document was recorded simultaneously with the deed.

Angle was the listing agent when the house sold with its furnishings in 2017. In that deal, agent Michael Harris of Douglas Elliman Real Estate acted on behalf of the Lunts, the MLS shows.

The sale just recorded is the second within a week on Plantation Road. An MLS listing updated Wednesday showed that a new house at 260 Plantation Road has sold for $13.21 million. That was 75 percent more than the house sold for a year ago, courthouse records show. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/07/palm-beach-house-sale-tops-12-m-1-million-over-asking-price/9123027002/ 2/3

3/11/22, 8:52 AM

Palm Beach house sale tops $14 million, double what it sold for in 2020

REAL-ESTATE

Value doubles! Renovated Palm Beach house sale tops $14M, twice what it sold for in 2020 The four-bedroom house at 1556 N. Ocean Blvd. was sold by Howard and Kerrie Lance to Palm Beach resident Martin G. McGuinn Jr. Darrell Hofheinz Palm Beach Daily News Published 7:00 a.m. ET March 11, 2022

Updated 8:13 a.m. ET March 11, 2022

A four-bedroom house that sold new in September 2020 for a recorded $7.15 million has just changed hands for more than double that price in Palm Beach, courthouse records show.

Businessman Howard Lance and wife Kerrie sold the North End house at 1556 N. Ocean Blvd. for $14.5 million, the price recorded Thursday with the deed. The Lances had renovated https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/palm-beach-house-sale-tops-14-million-double-what-sold-2020/69899410… 1/3

3/11/22, 8:52 AM

Palm Beach house sale tops $14 million, double what it sold for in 2020

the home, according to its sales listing.

Palm Beach resident and banker Martin G. McGuinn Jr. bought the house, which stands on a lot measuring three-tenths of an acre at the corner of North Ocean Boulevard and Caribbean Road. It’s the fourth property from the beach.

The house has 5,552 square feet of living space, inside and out, property records show.

Wowza asking price: Vacant ocean-to-lake property lists at $150 million on Palm Beach’s Billionaires Row The deed says McGuinn is married but does not list his wife’s name. He has owned a condominium in L’Ermitage at 200 Bradley Place since 2015, courthouse records show. The apartment is under contract after being listed at $6.95 million, the local multiple listing service shows.

McGuinn has that apartment homesteaded as his primary residence in the latest tax rolls.

A man by the name of Martin McGuinn holds a law degree but spent most of his career in finance, holding executive positions as at Mellon Bank of Pittsburgh and later serving as CEO and Chairman of Mellon Finance Corp., according to an online biographical sketch.

McGuinn was represented in the purchase on North Ocean Boulevard by broker Christian Angle of Christian Angle Real Estate, the MLS shows.

Angle also has the listing in L’Ermitage for McGuinn’s three-bedroom apartment, No. 206. It last sold for $2.9 million in 2015.

Angle declined to comment, and McGuinn couldn’t be reached.

Sold in 2020: Lances buy new ‘spec’ house at 1556 N. Ocean Blvd. for $7.15M, deed shows The house on North Lake Way was marketed in the MLS by Sotheby’s International Realty agent Bobby Goodnough with colleague Raj Shrestha. They listed it for the Lances late last year at just under $17 million, later dropping the price to $15.995 million, the MLS shows.

The listing agents and the Lances couldn’t be immediately reached.

The two-story house’s layout includes an open-concept kitchen adjacent to the family room, along with a library and formal dining room. The “generously proportioned formal and informal rooms (flow) seamlessly,” the sales listing said.

Outside by the pool are patios and a covered loggia with a fireplace.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/palm-beach-house-sale-tops-14-million-double-what-sold-2020/69899410… 2/3

3/11/22, 8:52 AM

Palm Beach house sale tops $14 million, double what it sold for in 2020

Other features of the property include wine storage in the butler’s panty, an elevator and a generator.

The Lances have a home in Loxahatchee, the courthouse records show. They had the Palm Beach house homesteaded.

Double deal: 2 next-door homes sell for $23.53M in Palm Beach, nearly double their sale in late 2020 Howard Lance’s professional resume includes serving as chairman of the boards of Summit Materials, a Denver firm that services the paving industry, and of Nashville technology firm Change Healthcare, according to a brief online biographical sketch.

He also is a former president and CEO of Colorado-based Maxar Technologies and was previously an executive adviser specializing in private equity at The Blackstone Group, one of the world’s largest investment firms.

Goodnough and Shrestha represented the Lances when they bought the house in 2020, with Angle acting on behalf of its developer, Susan Shulman. She is married to Ron Pertnoy, who co-founded Shapiro Pertnoy, the West Palm Beach company that built the house. Shulman has developed a number of Palm Beach spec projects with her husband's firm over the years, building records show. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/03/11/palm-beach-house-sale-tops-14-million-double-what-sold-2020/69899410… 3/3

1/5/23, 4:49 PM

Palm Beach house sells for $66 million after selling in 2021 for $35M

REAL-ESTATE

Palm Beach house fetches $66M after selling last year for about $35M The sale recorded this week for 6 Via Los Incas was an off-market deal. The oceanfront property sold in June 2021 for a recorded $35.43 million.

Darrell Hofheinz Palm Beach Daily News Published 10:25 a.m. ET Dec. 28, 2022

Updated 12:22 p.m. ET Dec. 31, 2022

Palm Beach has seen another sizable sale in which a property — this one a beachfront house at 6 Via Los Incas — sold for substantially more than it did last year.

The house on the North End of Palm Beach just changed hands privately for $66 million after selling in June 2021 for $35.43 million, according to the prices recorded with the deeds in both sales.

A Delaware-registered limited liability company named TT 47th LLC was the buyer, the deed recorded Wednesday shows. That entity was registered in Delaware on Nov. 22, according to business records. Because of Delaware’s strict corporate privacy laws, the identity of anyone connected to the buyer wasn’t readily available in public records.

Built in 1981 on a lot measuring six-tenths of an acre, the 9,775-square-foot house stands directly on the beach with 125 feet of shoreline on the North End. The house was sold by a Delaware-registered limited liability company named Sunshine Home 5 LLC. The company is linked in public records to HRS Management LLC, a family office founded by Josh Harris, who co-founded the New York City-headquartered privateequity company Apollo Global Management. He also founded the private-equity firm 26North; co-founded Harris Blitzer Sports Entertainment, known as HBSE; and is managing director of the Philadelphia 76ers professional basketball team.

Miami attorney Staci J. Rutman signed the deed recorded this week as the “authorized signatory” of the selling entity. She did not immediately return a phone message seeking https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/28/florida-real-estate-palm-beach-house-sells-for-66-million-after-selling-in-2…

1/4

1/5/23, 4:49 PM

Palm Beach house sells for $66 million after selling in 2021 for $35M

comment about the sale.

Broker Christian Angle of Christian Angle Real Estate confirmed he handled the seller's side of the sale but declined to comment further.

Multiple sources confirmed that Douglas Elliman Real Estate agents Phatavanh and Derek Olsen represented the buyer. The Olsens would neither confirm nor deny their involvement.

Gunster attorney Brad McPherson, who also is listed on the deed, could not be reached.

Sold last year: Beachfront house at 6 Via Los Incas sells for $35.43 million in Palm Beach Big return on investment: Sold last year for about $36M, Palm Beach house brings $51M in off-market deal

Direct-beachfront properties rare in Palm Beach market Direct-beachfront properties have become rare birds in the Palm Beach market, real estate observers have noted, and as a result are continuing to earn premium prices when they sell.

The house is at the end of a cul-de-sac, a little more than a half-mile north of The Breakers. It was built by the late Palm Beach developer Robert Gottfried in his signature “Palm Beach Regency” style with classical details, 12-foot ceilings and grandly scaled rooms. The living room faces the ocean, and the layout also incudes a dining room and a library with a wet bar and a fireplace, according to previous sales listings.

When it sold last year, the layout included four en-suite bedrooms, a breakfast area off the kitchen and a temperature-controlled wine cellar. The seaside primary suite includes two dressing rooms and bathrooms.

The property has an outdoor loggia, a private beachside cabana and a swimming pool.

There's also a two-car garage.

In early November last year, Angle began marketing the furnished house for seasonal rent at $250,000 a month. A note on the listing said a short-term lease had already been signed at $226,000 a month for the period between Feb. 1 and March 31, 2023, according to the multiple listing service. The annual rental rate was $175,000 a month. That listing was canceled Tuesday.

Agent Gary Porher handled both sides of last year’s sale but said Wednesday he was not involved in the just-closed transaction. https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/28/florida-real-estate-palm-beach-house-sells-for-66-million-after-selling-in-2…

2/4

1/5/23, 4:49 PM

Palm Beach house sells for $66 million after selling in 2021 for $35M

Palm Beach County records show a $33.6 million, 15-year mortgage on the property was signed with Bank of America in September 2021 on behalf of Sunshine Home 5 LLC by Frank Marra, vice president of the entity. A man by that name is managing director of finance for Apollo Global Management.

Palm Beach Board of Realtors President John O. Pickett III recently told the Palm Beach Daily News that price escalation on the island reflects a housing market where buyer demand for properties continues to outstrip the number of homes available. “There is still a very limited supply of houses on the market in Palm Beach, and there are still a lot of (would-be) buyers just waiting for houses to show up,” said Pickett, an agent with Brown Harris Stevens.

Before the 2021 sale, the house on Via Los Incas had been in the same family for a decade.

The late Massachusetts investments executive Sean M. Healey had paid $17 million for it in February 2011, property records show.

A few months before his death at 59 in May 2020, Healey deeded the house to a limited liability company, Orion Real Estate Holdings LLC, in an internal transaction. His widow, Amy Louise Broch, joined him in that transaction. The limited liability company is listed as the seller on the 2021 deed.

Healey for more than a decade led Affiliated Managers Group, better known as AMG, as CEO and chairman. He previously served as president of the asset management firm, which forges partnerships with independent investment managers around the world, according to its website.

Obituary: Sean Healey, investment executive, dies at 59

Street named for historic estate Via Los Incas is named for a storied Palm Beach estate. The original mansion was built on a 6-acre property around 1916, commissioned by John S. Phipps for his father-in-law, shipping magnate Michael Paul Grace. The house originally was known as El Inca and later renamed Los Incas.

Between the 1930s and the ’70s the house was best known for parties hosted by its owners, actress-turned-socialite Mary Sanford and her husband, carpet heir and polo player Stephen “Laddie” Sanford.

In 1978, attorney Joseph Farish bought the estate from the Sanford Carpet Co. heirs, demolished the three-story, much-renovated mansion and platted https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/28/florida-real-estate-palm-beach-house-sells-for-66-million-after-selling-in-2…

3/4

6/10/22, 12:21 PM

Palm Beach house split from larger estate sells for $16.23 million

REAL-ESTATE

House split from larger estate sells for $16.23 million on North End of Palm Beach Darrell Hofheinz Palm Beach Daily News Published 5:00 a.m. ET June 10, 2022

Updated 6:58 a.m. ET June 10, 2022

Palm Beach real estate investor and developer Patrick Carney has paid a recorded $16.225 million for a 1970s-era renovated house at 301 Polmer Park on the North End. Carney bought the six-bedroom house under his name, although the deed recorded Wednesday mentions that he is married. He and his wife, Lillian, live about 2 miles away at 125 Dolphin Road in a house they bought last year.

“We plan to use the house on Polmer Park as a guesthouse for our children and grandchildren,” Carney said Thursday, adding that the house was in move-in-ready condition, thanks to renovations by previous owners.

The Palm Beach Regency-style house has 8,473 square feet of living space, inside and out, records show.

The house was owned by a Florida limited liability company named after the property’s address and managed by developer Richard C. True, who has built and sold a number of Palm Beach homes.

Last July, True’s company bought the house for a recorded $25 million as part of a larger estate that he has since split into two separate lots. The lot occupied by the house measures a little more than half an acre.

Sold last year: Investors buy home for $25M with plans to refresh, relist it at nearly $35M on North End The Carneys have been involved in a number of major real estate transactions over the past couple of years, including their sale — recorded at $64.8 million — of an oceanfront https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-house-split-larger-estate-sells-16-23-million-real-estate-hom…

1/4

6/10/22, 12:21 PM

Palm Beach house split from larger estate sells for $16.23 million

mansion they originally planned as a custom home on North Ocean Boulevard.

The house on Polmer Park was built in 1973 by the late developer Robert Gottfried, who developed it and all of the original homes on the short lake-block street. The house stands on the corner of North Lake Way, five roads south of the Palm Beach Country Club.

The street’s houses, all of which remain intact, were built in the architectural style dubbed by locals as “Gottfried Regency,” featuring classically inspired details influenced by the English Regency style. The house Carney just bought features Gottfried’s signature flat roof, generously proportioned rooms and abundant windows that bring in natural light and showcase views.

Set amid lushly landscaped gardens, the house has a cabana facing the swimming pool. Other features include a terrace with a fountain and a three-car garage.

House was last listed at $22.5 million Although True is a real estate agent with the Corcoran Group, he did not market the property himself. Broker Christian Angle of Christian Angle Real Estate held the listing.

The Carneys’ longtime real estate agent, Jim McCann of Premier Estate Properties, handled the buyer’s side of Wednesday’s sale.

True, Angle and McCann could not be reached immediately for comment.

When True’s company bought the estate last summer, the property measured about ninetenths of an acre and included a tennis court and viewing pavilion immediately west of the house. True promptly relisted the estate in July for $34.85 million after a minor refurbishment.

“It was perfect,” True told the Palm Beach Daily News last year, when the property was listed

by McCann. “We just did some cosmetic (improvements) — polished the floors, fixed some windows, repainted and put in new carpets in the bedrooms.”

Entire estate marketed last year: Listed at $34.85M, an updated estate at 301 Polmer Park is ‘pristine and beautiful’ But in February, True began marketing the house alone at $25.995 million in the multiple listing service through Christian Angle Real Estate. In May, he dropped the price to $22.5 million. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-house-split-larger-estate-sells-16-23-million-real-estate-hom…

2/4

6/10/22, 12:21 PM

Palm Beach house split from larger estate sells for $16.23 million

True’s company, 301 Polmer Park LLC, bought the estate from a trust affiliated with Brenda Axelrod, widow of real estate developer and property manager Carlin Axelrod. The Axelrods paid a recorded $11.39 million for the house in 2015 and carried out a substantial renovation a few years later, records show.

Agent Spencer Schlager of Douglas Elliman Real Estate handled both sides of the private sale last summer.

House planned for new lot next door True has since cleared the western portion of the lot of the tennis facilities and commissioned a Regency-style house designed by architect Kevin Asbacher for that lot. The house would be developed on speculation.

The Architectural Commission reviewed that one-story house in April and May, deferring it at each meeting after requesting changes.

At the board’s May 25 meeting, six neighbors’ objections to that proposed house were presented by Palm Beach real estate attorney Tim Hanlon. Hanlon told the board True had not met some of the conditional criteria for splitting the original estate — a claim that True’s attorney, Maura Ziska, said was specious.

The proposed house’s architecture would be too dissimilar to others on the street, Hanlon added. That idea was reiterated by neighbor Robert Fromer of 340 Polmer Park who said the one-story house would be too narrow and too small compared to others on the street.

And a more detailed plan was needed to show how construction vehicles and materials would be moved on and off the narrow dead-end street so that residents would not be blocked in.

Commissioners, by and large, liked the direction the design of the proposed house was headed.

“I think it’s a little jewel box of a house,” said Commissioner John David Corey.

Commissioner Richard Sammons was surprised that neighbors thought the house would be too small for the street and noted that the board far more often deals with large houses neighbors want scaled down.

“They hate it because it’s too small?” Sammons asked. “That a new one for me.” https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-house-split-larger-estate-sells-16-23-million-real-estate-hom…

3/4

6/10/22, 12:21 PM

Palm Beach house split from larger estate sells for $16.23 million

Other Palm Beach deals involving the Carneys Pat Carney is chairman and CEO of Claremont Cos., a real estate investment, development and asset-management company based in Bridgewater, Massachusetts.

In May 2021, he paid a recorded $12.2 million for the four-bedroom house he shares with his wife at 125 Dolphin Road.

That purchase closed a few months after the Carneys sold, for a recorded $68.4 million the oceanfront house they had recently completed at 905 N. Ocean Blvd to a company controlled by hedge-fund billionaire David Tepper and his wife, Nicole.

Big deal on the ocean: Billionaire Tepper on buyer’s side in sale of Palm Beach mansion built by Carneys Sold on the lake: Casino mogul Steve Wynn linked to $49M buy of Carneys’ Palm Beach custom home In March 2021, the Carneys sold, for a recorded $49 million, a lakefront house at 1350 N. Lake Way — a custom home they built in 2013 and had used as their residence. The buyer was casino and resort billionaire Steve Wynn.

Earlier this year, Pat Carney sold, via a deed documented at $10.2 million, four-bedroom condominium in the One Watermark Place tower on South Flagler Drive, more than doubling his money after only eight months of ownership.

Carney sells condo: Prices fetched by condos at One Watermark Place near Palm Beach defy skeptics’ doubts * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-house-split-larger-estate-sells-16-23-million-real-estate-hom…

4/4

2/1/22, 4:58 PM

Palm Beach house with landmarked arch by architect Maurice Fatio sells

REAL-ESTATE

House with landmarked arch flipped for $22.5 million in Palm Beach, says Realtor.com The renovated house built in 1968 at 365 N. County Road changed hands in June for a recorded $18 million and just sold for $22.5 million.

Darrell Hofheinz Palm Beach Daily News Published 2:35 p.m. ET Feb. 1, 2022

Updated 3:43 p.m. ET Feb. 1, 2022

A house with a prominent remnant of Palm Beach’s architectural and social history has sold at 365 N. County Road for the second time in seven months. It changed hands in June for $18 million and was flipped this week for $22.5 million — a difference of $4.5 million, according to the courthouse records and Realtor.com.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/02/01/palm-beach-house-landmarked-front-arch-flipped-more-than-22-m/92714…

1/5

2/1/22, 4:58 PM

Palm Beach house with landmarked arch by architect Maurice Fatio sells

Longtime Palm Beacher and real estate investment entrepreneur Bruce S. Lane and his artconsultant wife, Leslie, had bought the renovated 1960s-era house last summer through a trust.

At the corner of El Mirasol, the house is known to passersby and historians for its imposing and freestanding tiled entrance arch set into a rectangular stucco-clad surround. The landmarked archway was designed in 1930 by prominent society architect Maurice Fatio and stands directly in front of the non-landmarked house directly behind it.

Sold last summer: House with landmarked arch in front brings $18 million on North County Road, deed shows The two-story archway was part of renovations carried out at one of the most famous estates of the 1920s in Palm Beach. The long-since-demolished El Mirasol was originally designed by architect Addison Mizner in 1919 for society doyenne Eva Stotesbury and husband Edward "Ned" Townsend Stotesbury of Philadelphia.

The deed for the sale had not been recorded at the courthouse as of early Tuesday afternoon, an online search showed. So the identity of the buyer was not available in public records. It was also unclear if the price reported in the updated sales listing would match the one to be documented by the Palm Beach County Clerk’s office.

The Lanes’ trust bought the Mediterranean-style house last summer from Frank Strausser, a playwright, stage producer and novelist, who is married to Dorrie Emrick Strausser. Frank Strausser had paid about $6 million for the property in 2016 and, with his wife, completely renovated the six-bedroom house.

The house was built in 1968 on a lot measuring about half an acre, nearly three-quarters of a mile north of Royal Poinciana Way, records show.

Palm Beach real estate: Palm Beach house fetches nearly twice what it sold for a year ago: deeds Exclusive: Planned ‘spec’ mansion lists at $125 million in Manalapan near Palm Beach With a lushly landscaped back yard, the two-story home has 7,027 square feet of living space, inside and out, property records show.

Bruce Lane co-founded and is managing director of The Meridian Group of Bethesda, Maryland. The company invests in office buildings, apartments and other properties in Washington, D.C., and along the East Coast. https://www.palmbeachdailynews.com/story/business/real-estate/2022/02/01/palm-beach-house-landmarked-front-arch-flipped-more-than-22-m/92714… 2/5

2/1/22, 4:58 PM

Palm Beach house with landmarked arch by architect Maurice Fatio sells

With a home in Maryland, Lane and his wife have another Palm Beach residence at 351 Crescent Road, near the one that just sold. The Crescent Road house is listed for sale at $15.5 million in the Palm Beach Board of Realtors Multiple Listing Service.

Agent Margit Brandt of Compass Florida is marketing the Crescent Road house and held the listing for the one that just sold on North County Road. Broker Christian Angle of Christian Angle Real Estate acted on behalf of the buyer.

Brandt declined to comment. Angle and the Lanes could not be reached immediately.

House has first-floor master suite The North County Road house has first-floor rooms featuring 12-foot vaulted ceilings, hickory wood floors, multiple skylights and Italian-made windows and doors. The layout includes a well-equipped kitchen with a wine cooler and a first-floor master suite with a separate sitting room and floor-to-ceiling windows overlooking the saltwater pool. The suite also has two walk-in closets.

“The most recent improvements include a property-wide landscaping overhaul, physical and digital security additions, and updates to the pool,” Brandt said in her sales listing.

The house has two home offices — a feature that appealed to the Lanes when they bought the property, Bruce Lane told the Palm Beach Daily News in June.

The pool features cerulean tiles and is set amid a lush tropical landscape. With a summer kitchen, the poolside loggia easily accommodates outdoor entertaining.

The house has an air-conditioned garage, a full-house generator and private beach access down the street.

Agent Carole Koeppel of Sotheby's International Realty represented the Lanes in their June purchase of the property. In that transaction, she acted opposite agents Cara McClure and Lisa Wilkinson of Douglas Elliman Real Estate, who represented the Straussers.

The deed recorded for the June sale lists the trustees of the Lane 2013 Dynasty Trust, which bought the house, as F. Leslie Barron and G. David Check.

Arch built after deadly 1928 hurricane https://www.palmbeachdailynews.com/story/business/real-estate/2022/02/01/palm-beach-house-landmarked-front-arch-flipped-more-than-22-m/92714…

3/5

2/1/22, 4:58 PM

Palm Beach house with landmarked arch by architect Maurice Fatio sells

The El Mirasol cul-de-sac traverses land that was once part of oceanfront El Mirasol, Mizner’s first residential commission in Palm Beach. Designer Albert Herter of California and New York initially was involved in planning the Stotesburys’ mansion, according to historian Augustus Mayhew.

But Mizner took over the project, which came on the heels of his first Palm Beach commission, the 1918 building that became The Everglades Club on Worth Avenue.

The club building and the Stotesbury house are credited with popularizing the Mediterranean architectural style among the island’s society set and cementing Mizner’s reputation as a leading Palm Beach architect.

During the deadly hurricane of 1928, Mayhew said, the estate’s oceanfront entrance was destroyed and Fatio was commissioned to handle renovations. His design included the entrance arch. As part of his renovations, Fatio also designed a landmarked fountain that remains intact behind a house at 109 El Mirasol.

The Stotesbury house was demolished in the late 1950s and the land subdivided for new homes, with the street named to honor the estate.

The town granted landmark protection to the entrance arch in 1980, a designation that protects it from significant alterations unless they are approved by the Landmarks Preservation Commission.

On Crescent Road: Agent’s three new Palm Beach listings include two homes owned by same family

House on Crescent Road The Lane’s house on Crescent Road is their primary residence, Palm Beach County tax records show. That house was built in 2001, and the Lanes bought it for a recorded $4 million for in 2003 and then customized it, records show.

Brandt’s sales listing describes the Crescent Drive property — with a three-bedroom main house and a one-bedroom guest house with a kitchen — as being in “turn-key” condition with a total of 6,643 square feet. The Crescent Road lot measures about a third of an acre in the middle of the tucked-away street just west of North County Road. The house is a few lots southwest of the house that just changed hands. https://www.palmbeachdailynews.com/story/business/real-estate/2022/02/01/palm-beach-house-landmarked-front-arch-flipped-more-than-22-m/92714…

4/5

7/6/22, 8:37 AM

Palm Beach lakefront estate sells off-market for recorded $56 million

REAL-ESTATE

Lakeside estate sells for $56 million in off-market deal, Palm Beach deed shows A company managed by Warren Kanders buys estate of about an acre at 325 Via Linda in a private sale. The property was the longtime home of the late Eugene Applebaum and his late widow, Marcia.

Darrell Hofheinz Palm Beach Daily News Published 11:40 a.m. ET June 27, 2022

Updated 2:08 p.m. ET June 30, 2022

The lakefront on the North End of Palm Beach keeps generating sizable sales of older homes, including a just-recorded $56 million deal for a 1993 house on about an acre at 325 Via Linda.

A company controlled by businessman Warren B. Kanders bought the house, the deed shows.

Kanders and his wife, Allison, are seasonal Palm Beach residents with ties to Greenwich, Connecticut, property records show.

The Kanders-controlled company, Three Palm Trees LLC, in early June sold another North End lakefront estate — at 1020 N. Lake Way — for $39.9 million after the Kanderses failed to win the town’s approval for the design of a house they wanted to build on that property.

The Kanderses own another North End house they bought in late 2020 from singer Jimmy Buffett and his wife, Jane, who have other homes in Palm Beach.

Kanderses bought former Buffett house: Jimmy Buffett, wife sell house in Palm Beach for $6.9 million Kanderses sell house nearby: Lakeside Palm Beach house brings $39.9M after selling last year for $25.4M, records show The house the Kanderses just purchased on Via Linda was sold by Pamela A. Applebaum as trustee of four trusts linked to her late parents, Marcia C. Applebaum and Eugene Applebaum. The deed was recorded June 24. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/27/palm-beach-lakefront-estate-sells-off-market-recorded-56-million/774547…

1/4

7/6/22, 8:37 AM

Palm Beach lakefront estate sells off-market for recorded $56 million

Lakefront estates in Palm Beach in high demand The lakefront house faces about 120 feet of frontage on the Intracoastal Waterway and has a deep-water dock. It stands on a double lot, several streets south of the Palm Beach Country Club, on one of the highest points in Palm Beach.

Lakefront properties with water deep enough to accommodate a yacht of 75 to 80 feet in length, depending on its draft, have been rare finds in Palm Beach and have fetched premium prices, thanks to intense buyer demand, according to Palm Beach real estate observers.

Marcia and Eugene Applebaum bought the house on Via Linda in 1995, property records show. Their primary home was in Bloomfield Hills, Michigan.

Marcia Applebaum died in June 2021 at 81, and her husband died in December 2017, also at 81.

Trained as a pharmacist, Eugene Applebaum founded Arbor Drugs, which reportedly at one point was the eighth-largest drug-store chain in the country. The Michigan-based chain sold in the late 1990s to CVS via a stock transaction, according to published reports.

Broker Lawrence Moens of Lawrence A. Moens acted on behalf of the seller on Via Linda, his office confirmed. Although the property was not marketed in the multiple listing service, Moens placed advertisements that described the estate as an “elegant and stately” compound.

The property has seven bedrooms and 11,416 square feet of living space, inside and out, property records show. Moens and Pamela Applebaum could not be reached for comment.

Broker Christian Angle represented the buyer’s side of the deal, he confirmed, but he declined to discuss the sale. The Kanderses could not be reached.

Former Jimmy Buffett house sold for just under $7 million in Palm Beach Warren Kanders’ resume has included investing in industries ranging from health care, hospitality and restaurants to infrastructure and real estate, according to an online biographical sketch. He founded Benson Eyecare Corp. and has served as executive chairman of Clarus Corp., president of Kanders & Co., and chairman and CEO of Maui Acquisition Corp. The latter is the parent company of The Safariland Group, which owns Safariland, a https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/27/palm-beach-lakefront-estate-sells-off-market-recorded-56-million/774547…

2/4

7/6/22, 8:37 AM

Palm Beach lakefront estate sells off-market for recorded $56 million

manufacturer and distributor of products used by law enforcement, military, fire-rescue and EMS personnel.

Sale on North Lake Way Angle also acted on behalf of the Kanderses when Three Palm Trees LLC sold the house on North Lake Way via a deed recorded June 3, as previously reported by the Palm Beach Daily News. Agents Paulette Koch and Dana Koch of the Corcoran Group acted for the buyer, a trust.

The Kanders-controlled company had bought the house on North Lake Way about a year ago for $25.375 million from beauty-products entrepreneur and home-shopping television star Adrien Arpel, who also goes by Adrienne Newman.

In November, the Architectural Commission voted 4-3 to kill the design of a Palm Beach Regency-style house the Kanderses had commissioned to replace Arpel’s former house.

When the couple submitted a new design for the property in March, the commission asked for revisions. But the house sold before the board had a chance to review any changes.

The Kanderses also were represented by Angle when they bought the former Buffett house at 309 Garden Road for a recorded $6.9 million in November 2020. In that deal, Angle negotiated opposite listing broker Denise A. Hanley of Denise A. Hanley Inc. In addition to the two lakeside sales involving the Kanderses, four other major estates facing the Intracoastal Waterway changed hands in June in Palm Beach at recorded prices between $23 million and $46 million. They include sales at 1265 N. Lake Way, 1494 N. Lake Way, 662 Island Drive and 640 Island Drive.

Related sale on North Lake Way: Beauty maven Adrien Arpel sells Palm Beach lakeside house for $25.38 million: deed Big sale on Everglades Island: Lakefront house on Island Drive fetches $46 million, deed shows * This is a developing story. Check back for updates. * https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/27/palm-beach-lakefront-estate-sells-off-market-recorded-56-million/774547…

3/4

6/13/22, 10:26 AM

Palm Beach real estate pros ranked on national sales-volume list

REAL-ESTATE

12 Palm Beach real estate pros ranked among top 250 on national sales-volume list for 2021 Darrell Hofheinz Palm Beach Daily News Published 2:07 p.m. ET June 10, 2022

Updated 9:13 a.m. ET June 13, 2022

After what by any measure was a blockbuster year for real estate sales in 2021, Palm Beach agents and brokers have landed on the just released annual rankings based on their reported sales volume and other criteria last year.

Known as “The Thousand,” the 17th annual rankings released Friday were prepared by two real estate companies — Real Trends and Tom Ferry International — and promoted in a Wall Street Journal special advertising section. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-real-estate-pros-ranked-national-sales-volume-list/75746370…

1/5

6/13/22, 10:26 AM

Palm Beach real estate pros ranked on national sales-volume list

The rankings were open only to those real estate professionals who chose to participate in the project, according to the Real Trends website. And some Palm Beach agents and brokers, including top-tier producer Lawrence Moens of Lawrence A. Moens Associates, did not submit sales figures for consideration and verification.

Among the Palm Beach professionals who participated was broker Christian Angle of Christian Angle Real Estate. He took the No. 2 spot on the national list of the country’s Top 250 residential sales professionals after reporting $1.18 billion in residential sales volume last year.

Angle held the same spot in the 2020 rankings with a reported sales volume of $738.96 million.

Also in the top 10 agents and brokers on the list was agent Suzanne Frisbie of the Corcoran Group’s Palm Beach office, who ranked No. 7 with a reported sales volume in 2021 of $742.24 million. In 2020, she ranked No. 11 with $405.56 million in reported sales.

Big year for real estate: Palm Beach property deals in 2021 hit record $4 billion, reports show See the 2020 rankings: Annual survey ranks Palm Beach real estate pros among country’s top producers Under the rules of the survey, agents and brokers who handled both sides of a transaction — representing the buyer and the seller — were allowed to double the final dollar figure when they calculated their total sales volume for the sale.

Participants also paid a $175 submission fee to have their sales considered. The fee covered entry into “The Thousand” rankings and a separate list known as “America’s Best Real Estate Professionals,” which ranks the top-producing agents in each state and includes agents and sales teams “with a qualifying submission who did not make “The Thousand,” according to the Real Trends website. The “America’s Best” rankings are scheduled to be released June 15.

Those who participated were required to provide information about their sales that could be verified, under the rules of entry. That information could be data reported in the multiple listing service, tax returns or a “verification letter” signed by an accountant, a firm’s chief financial officer or, in the case of agents, the broker-owner of the agency, according to the rules published online before the rankings were released. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-real-estate-pros-ranked-national-sales-volume-list/75746370…

2/5

6/13/22, 10:26 AM

Palm Beach real estate pros ranked on national sales-volume list

Palm Beach big-dollar agents make cut There were 10 other agents and brokers with professional ties to Palm Beach in the Top 250 national sales-volume rankings for individual agents based on their performance in 2021.

Agent Dana Koch of the Corcoran Group ranked No. 12 with a reported sales volume of $544.33 million.

Agent Gary Pohrer of Douglas Elliman Real Estate took the No. 15 spot with $496.998 million.

Top-dollar sales: What were 2021’s biggest condo, townhouse sales in Palm Beach? Ten hit $9M or more Setting the bar higher in 2021: These six real estate sales shattered price records in Palm Beach Other Palm Beach professionals on the sales-volume list included agent Elizabeth DeWoody of Compass Florida (ranked No. 91 with $231.93 million); Wellington-based Carol Sollak, a principal at the Palm Beach office of Engel & Volkers (No. 97 with $227.63 million); broker Linda Olsson of Linda R. Olsson Inc. (No. 141 with $177.74 million); agent Lisa Cregan of Sotheby’s International Realty (no. 197 with $149.17 million); and agent William D. Yahn of the Corcoran Group (No. 199 with $149 million).

Rounding out the Palm Beach agents on the Top 250 list were Todd Peter of Sotheby’s International Realty (No. 208 with $144.75 million); Steven Presson of the Corcoran Group (No. 241 with $136.5 million); and Rosalind Clarke of Premier Estate Properties (No. 250 with $134.15 million).

The No. 1 ranked agent in the country, based on sales volume, has held that distinction for a number of years: Dallas-based Ben Cabalerro of HomesUSA.com generated sales in 2021 totaling $1.98 billion, compared to $2.45 billion in 2020.

Teams of Palm Beach agents also ranked Another national category in “The Thousand” report ranked “small teams” of two to five real estate professionals by sales volume. Premier Estate Properties’ Jim McCann Group of Palm Beach took the No. 5 spot on that list with a reported sales volume of $708 million.

In the 2020 rankings, McCann’s team earned the No. 3 spot with $417.54 million. https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-real-estate-pros-ranked-national-sales-volume-list/75746370…

3/5

6/13/22, 10:26 AM

Palm Beach real estate pros ranked on national sales-volume list

In the “medium teams” category — comprising teams of six to 10 real estate professionals — Douglas Elliman’s Palm Beach-based Leavitt McIntosh Team generated a sales volume of $686 million, ranking it No. 2 nationally. That team is led by agents Christopher Leavitt and Ashley McIntosh.

And in the same teams category, The Coastal Collective team at Compass Florida — led by Michael Costello and Chris Deitz — ranked No. 23 with $339 million.

Other Palm Beach County agents, teams on lists In addition to the Palm Beach names on the Top 250 list of agents by sales volume, five agents affiliated with other agencies in Palm Beach County made the cut, including Boynton Beach-based Ralph Harvey of ListWithFreedom.com, who ranked No. 4 with $1.03 billion last year.

Other Palm Beach County agents were David Roberts of Royal Palm Properties in Boca Raton (ranked No. 11 with $545.34 million); Marcy F. Javor of Signature ONE Luxury Estates in Boca Raton (No. 57 with $304.45 million); Bonnie Rose Heatzig of Douglas Elliman in Boca Raton (No. 103 with $217.81 million); and Michael Ledwitz of Engel & Volkers in Boca Raton (No. 123 with $198.22 million).

Palm Beach real estate: Nine residential sales hit $39 million or more in the 2021-22 season World’s wealthiest: Palm Beach sees hike in billionaires, analysis of Forbes data shows Five other small teams in Palm Beach County made the sales-volume list: Douglas Elliman’s Senada Adzem Team in Boca Raton (ranked No. 10 with $570.15 million); Douglas Elliman’s Randy & Nick Team in Delray Beach (ranked No. 21 with $439.43 million); Premier Estate Properties’ D’Angelo/Liguori team in Boca Raton (No. 27 with $397.21 million); Compass Florida’s CBG Luxury Team in Boca Raton (No. 37 with $337.94 million) and the Corcoran Group’s Candace Friis Team in Delray Beach (No. 38 with $332 million).

In the medium-size team category, K2 Team at K2 Realty in North Palm Beach ranked No. 5 with $543.87 million, while the Jonathan Postma Group at Coldwell Banker Realty in Boca Raton ranked No. 40 with $274.53 million.

To be considered for a ranking, an agent or team must have closed at least 50 transaction “sides” or recorded $20 million in closed sales volume for 2021, according to Real Trends.

Teams must have closed 75 residential transactions or $30 million in closed sales volume. 4/5 https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/10/palm-beach-real-estate-pros-ranked-national-sales-volume-list/75746370…

7/6/22, 8:40 AM

Palm Beach real estate: House on Everglades Island fetches $46 million

REAL-ESTATE

Another big Palm Beach sale: House on Everglades Island fetches $46 million, deed shows Private-equity specialist Jeffrey C. Walker was on the seller’s side of the off-market sale at 662 Island Drive, which last changed hands for $19 million in 2015. A trust was on the buyer’s side.

Darrell Hofheinz Palm Beach Daily News Published 12:08 p.m. ET June 15, 2022

Updated 10:23 a.m. ET June 24, 2022

Sold seven years ago for $19 million, a lakeside house on Everglades Island in Palm Beach has changed hands off-market for $46 million, according to courthouse records.

The house at 662 Island Drive is the second most-expensive home ever sold on Everglades Island, property records show.

Private-equity specialist Jeffrey C. Walker and his wife, Suzanne, sold the five-bedroom house, which was built in 1996.

On the buyer’s side was the 662 Island Trust, for which Palm Beach attorney David E. Klein serves as trustee. The deed links the trust to a Palm Beach house at 101 Gulfstream Road, which was sold for a recorded $23.85 million in May by a trust linked to Mark T. Massey and his wife, Elizabeth, of South Hamilton, Massachusetts. The buyer in the deal on Gulfstream Road was a Delaware company, 101 Waters Edge LLC, with a Chicago mailing address.

Jeffrey Walker co-founded and served as CEO of CCMP Capital, the successor to JPMorgan Partners, until he retired in 2007. Property records show the Walkers have downsized to a house they bought in May for a recorded $7.1 million in Palm Beach Gardens.

The Walkers had the Everglades Island house homesteaded as their primary residence in the latest tax rolls.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/15/palm-beach-real-estate-house-everglades-island-fetches-46-million/7634…

1/3

7/6/22, 8:40 AM

Palm Beach real estate: House on Everglades Island fetches $46 million

Sold in 2015: Jeffrey Walker pays recorded $19 million for Coleman house on Everglades Island On Gulfstream Road: Palm Beach house fetches $23.85 million, a 76% jump in value since it sold new in 2020 The house has five bedrooms and 9,618 square feet of living space, inside and out, property records show.

The property has 175 feet of water frontage on the east side of Everglades Island. On a lot of about sixth-tenths of an acre, the house is the seventh one south of the Island Road bridge that connects Everglades Island to the rest of Palm Beach.

Palm Beach architect Jeffery Smith designed the one-story, Bermuda-style house, town records show.

In the sale recorded June 15, agent Suzanne Frisbie of the Corcoran Group negotiated for the seller opposite broker Christian Angle of Christian Angle Real Estate, who handled the buyer’s side. Both confirmed their involvement but declined to comment further.

Frisbie and Angle were both involved in the off-market sale in July 2015 when Jeffrey Walker bought the house from former Palm Beach Town Councilman Denis Coleman and his wife, Annabelle. The Colemans had built it as a custom home in 1996.

Angle represented the Colemans in the 2015 deal, with Frisbie acting on behalf of Walker.

World’s wealthiest: Palm Beach sees hike in billionaires, analysis of Forbes data shows How big is too big?: Neighbors rally against size of Palm Beach ‘spec’ mansion planned for seaside lot When the house sold seven years ago, Frisbie said the property offered remarkable views across the Lake Worth Lagoon to Tarpon Island and homes on El Brillo Way and other streets in the Estate Section.

“The view corridors all the way back to El Brillo are really lovely. They're just striking,” she told the Palm Beach Daily News at the time.

With its east-side living room, the house was designed to take full advantage of its site, Frisbie added.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/15/palm-beach-real-estate-house-everglades-island-fetches-46-million/7634…

2/3

7/6/22, 8:40 AM

Palm Beach real estate: House on Everglades Island fetches $46 million

“It really does focus on the views. The procession through the house gives every room a beautiful sight line,” she said in 2015.

In the May sale of the five-bedroom house on Gulfstream Road, Angle had the listing for the Masseys. Online sources show a Mark Massey co-founded AltaRock Partners LLC, a Massachusetts-based hedge fund.

The Masseys’ ChubbyChooChoo Trust bought the Gulfstream Road house — with 9,069 total square feet — new for $13.53 million in 2020 from its developer, Frisbie Group, where Suzanne Frisbie is a principal.

Agents Pat McInerney and Sylvia James of Brown Harris Stevens handled the buyer’s end of the Gulfstream Road deal, according to records in the multiple listing service.

The most expensive sale on Everglades Island was recorded at $49.14 million in May 2021.

In that deal, billionaire hedge-fund manager James G. Dinan and his wife, Elizabeth R. Miller, bought a never-lived-in California-style contemporary mansion. In that off-market sale, developer Corey Schottenstein of the Schottenstein real estate family sold the property.

Frisbie handled the buyer’s side, with agent Christopher Deitz — then of William Raveis South Florida but today at Compass Florida — and broker Lawrence Moens of Lawrence A. Moens Associates negotiating on behalf of the developer.

Biggest sale on Everglades Island: Billionaire buys ‘spec’ mansion on Everglades Island for $49 million: deed Big sale across town: Palm Beach mansion resold for recorded $85.98 million after fetching $64M last year * This story was updated from a previous version. This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/06/15/palm-beach-real-estate-house-everglades-island-fetches-46-million/7634…

3/3

5/2/22, 12:25 PM

Palm Beach real estate: House sales hit $39 million or more

REAL-ESTATE

Palm Beach real estate: Nine residential sales hit $39 million or more this season The biggest deals since Oct. 1 included three new oceanside houses and a vacant beachfront lot.

Darrell Hofheinz Palm Beach Daily News Published 10:56 a.m. ET May 2, 2022

Palm Beach homebuyers with the deep-as-the-ocean wallets made their mark this season, even if they found fewer trophy properties on the market to buy.

Nine single-family properties — including three new oceanfront houses built on speculation and a vacant lot — sold for $39 million or more to land them on a list of the season’s biggestdollar deals.

All of the sales were recorded at the Palm Beach County Courthouse between Oct. 1 and Friday morning, and the prices and dates listed here are those documented with the deeds.

The transactions were confirmed by sales reports issued by the Palm Beach law firm Rabideau Klein.

Big bucks: Here are the 6 priciest condo, townhouse sales this season in Palm Beach • $57 million – The most-expensive single-family sale of the season closed in December when a new oceanfront mansion changed hands at 916 S. Ocean Blvd. in the Estate Section. With eight bedrooms, the estate has 14,916 square feet of living space, inside and out, including its beach cabana. The house was developed on speculation by Naples-based Stock Custom Homes, part of Stock Development, and was said to have sold with at least some of its furnishings. A Florida limited liability named MAWA 9167 LLC — managed by Palm Beach attorney Louis Hamby III — bought the property. Carol A. Sollak of Engel & Völkers was the listing agent, and broker Christian J. Angle of Christian Angle Real Estate represented the buyer.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/02/palm-beach-real-estate-house-sales-39-million/9546670002/

1/4

5/2/22, 12:25 PM

Palm Beach real estate: House sales hit $39 million or more

Biggest sale of the season:: New seaside ‘spec’ mansion fetches $57 million in Palm Beach, deed shows • $53 million — Tampa Bay Buccaneers co-owner Darcie Glazer Kassewitz and her husband, private banker Joel Kassewitz, in February sold their six-bedroom estate on 2 lakefront acres at 854 S. County Road to developer Todd Michael Glaser, who bought it with two unnamed investors. Glaser buyer immediately re-listed the house for $79 million.

The main residence, a pool cabana and the detached guesthouse have a combined 16,491 square feet of living space. Agent Gary Pohrer of Douglas Elliman Real Estate represented the Kassewitzes. Broker Lawrence Moens of Lawrence A. Moens Associates acted for Glaser, who in April won the town’s approval to renovate and expand the 1940s-era house under a plan approved by the Landmarks Preservation Commission through its program for homes designated “historically significant.”

Sold and relisted:: Palm Beach home sold by Tampa Bucs co-owner for $53M relisted immediately for $79M • $48.5 million – In April, a trust was on the buyer’s side in the purchase of a recently completed oceanfront mansion developed on speculation at 1030 S. Ocean Blvd. near former President Donald Trump’s Mar-a-Lago Club. The eight-bedroom mansion with 15,237 total square feet was developed on speculation by Lion’s View Partners, a real estate investment group managed by Palm Beach residents Nedim Soylemez and George P. “Beau” Taylor, who both built careers trading commodities. The listing agent was Chris Deitz of Compass Florida, who marketed the house with its furnishings. Angle brought the buyer.

New near Mar-a-Lago: Trust buys ‘spec’ mansion for $48.5 million in Estate Section of Palm Beach: deed • $46.4 million — Sotheby’s International Realty agents Heidy Wicky and Jean Lembcke represented the sellers in the private sale recorded in April of a lakeside mansion at 460 Worth Ave. Billionaire homebuilder Dwight C. Schar bought the house through a trust and was represented by Moens. The house, which had been in the Andresen family for 14 years, was sold by Immohome AG, a Liechtenstein-based corporation for which Klaus Andresen holds the title of president and Gerhard Oehri sits on its board of directors. The main residence and an outbuilding have a grand total of 10,847 square feet, property records show.

Lakefront sale: Billionaire pays $46.4M for lakefront house at west end of Worth Ave. in Palm Beach:

https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/02/palm-beach-real-estate-house-sales-39-million/9546670002/

2/4

5/2/22, 12:25 PM

Palm Beach real estate: House sales hit $39 million or more

• $45.36 million — An entity linked to Princess Alia Bint Al Hussein, daughter of the late King Hussein of Jordan, in March sold a lakefront estate at 1330 N. Lake Way to a Delawareregistered limited liability company. Built in 1996, the house had replaced one that the king had reportedly used as a vacation home. With 10,161 square feet of living space, inside and out, the residence has five main bedrooms and three others for staff. Agent Shelly Newman of William Raveis South Florida held the listing, and agent Chris Leavitt of Douglas Elliman Real Estate handled the buyer’s side.

Princess parts with home: House linked to Jordanian princess sells for $45.36 million in Palm Beach: deed • $44.93 million — In March, Canadian businessman and Fiji Water co-founder David Harrison Gilmour sold a 1920s-era house at 5 Golfview Road as trustee of a trust in his name. His wife, Jillian, joined him in the off-market sale to a Delaware-registered limited liability company. On a half-acre site abutting The Everglades Club Golf Course, the house has five bedrooms and 8,619 total square feet of living space. Sotheby’s International Realty agents Lisa and John Cregan represented both sides.

Fore! Golf-course house sale: Palm Beach house owned by Fiji Water co-founder sells privately for $45 million • $41 million — With architecture reminiscent of neighboring houses in its 1960s-era Parc Monceau neighborhood, a new house on Billionaires Row at 1700 S. Ocean Blvd. sold in November to a Florida limited liability company named after the property’s address and managed by Gunster attorney Robert S. Raynes Jr. The house was developed by Manalapan residents Jagbir and Sarla Singh, who sold it through Ocean Villa Holdings LLC of Florida. The tri-level house has six bedrooms and 10,586 total square feet. Newman was the listing agent, and Angle acted on behalf of the buyer.

Big seaside sale: New house brings $41 million on Billionaires Row in Palm Beach, deed shows • $39.05 million — A direct-beachfront estate at 137 E. Inlet Drive sold privately in November on the far North End. With four bedrooms, the house has about 6,500 square feet of living space. The seller was a Florida limited liability company linked in public records to Palm Beach real estate investor Barbara Stovall Smith and her investments manager husband, Randall D. Smith of Alden Global Capital. Moens handled the seller’s side.

Corcoran Group agents Dana Koch and Paulette Koch represented the buyer, https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/02/palm-beach-real-estate-house-sales-39-million/9546670002/

3/4

5/2/22, 12:25 PM

Palm Beach real estate: House sales hit $39 million or more

the Ocean Inlet Revocable Trust, for which West Palm Beach attorney Paul A. Krasker serves as trustee.

On the far North End: Palm Beach seaside estate sells for $39 million, nearly $14 million more than in June sale • $39 million — A vacant half-acre beachfront lot at 7 Ocean Lane sold in February to an entity managed by developer Carl M. Sabatello of Palm Beach Gardens-based Sabatello Cos. He bought the property from 7 Ocean Lane LLC, a Florida limited liability company affiliated with an investment group, led by Soylemez, that had initially planned to develop a house on speculation. Representing the seller was agent Margit Brandt, who was at the time affiliated with Compass Florida but is today with Premier Estate Properties. Agent Bill Yahn of the Corcoran Group acted on behalf of Sabatello, who also has pursued the town’s approval for a spec house on the property.

Big bucks for vacant lot: Development group sells Palm Beach seaside lot for $39 million to another developer * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/05/02/palm-beach-real-estate-house-sales-39-million/9546670002/

4/4

12/29/22, 9:40 AM

Patriots owner Robert Kraft behind Palm Beach record-setting condo buy

REAL-ESTATE

Patriots owner Robert Kraft behind $23.75M record-setting condo purchase in Palm Beach Robert Kraft, the owner of the New England Patriots, used an ownership entity to buy a Palm Beach beachfront condo in the Leverett House for $23.75 million, Palm Beach Daily News confirms.

Darrell Hofheinz Palm Beach Daily News Published 4:06 p.m. ET Dec. 28, 2022

Updated 7:37 a.m. ET Dec. 29, 2022

An entity linked to New England Patriots owner Robert Kraft has paid $23.75 million for a penthouse at the Leverett House, setting a new price record for a condominium in Palm Beach.

The billionaire bought the oceanfront apartment — No. E4B in the east building at 110 Sunset Ave. — and a poolside cabana through a Delaware-registered limited liability company named Leverett House PB LLC. Two deeds for the sale were recorded Wednesday.

Kraft already maintains a residence in Palm Beach.

The condo that just changed hands spans the entire ocean side of the four-story, directbeachfront building, the easternmost of the two mid-rises that comprise the Leverett House.

Developed in 1982, the buildings are immediately north of The Breakers.

Robert Kraft is on the list: Palm Beach billionaires’ wealth tops $408 billion, our analysis of new Forbes data shows Recently sold at Leverett House: Rare-to-market Palm Beach seaside condo sets a building record. But for how much?

https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/28/patriots-owner-robert-kraft-behind-palm-beach-record-setting-condo-buy/…

1/4

12/29/22, 9:40 AM

Patriots owner Robert Kraft behind Palm Beach record-setting condo buy

The record-setting price reflects the rarity, size, condition and site of the condo in a real estate market where property values have soared — and frequently doubled over the past two years.

“It’s a ‘wow’ apartment,” Corcoran Group agent Dana Koch told the Palm Beach Daily News when he co-co-listed the unit with his mother, Paulette Koch, also of Corcoran, in early September for $26.5 million.

The price tag set a Palm Beach record for the most expensive asking price ever set for a Palm Beach condo.

Dana Koch and his mother declined to comment Wednesday.

Broker Christian Angle of Christian Angle Real Estate confirmed he handled the buyer’s side of the sale but would not discuss specifics of the transaction or identify his client.

Record-setting price tag: Condo’s $26.5 million price tag sets a Palm Beach record. And this seaside unit is a doozy Wedding surprise: Patriot's Kraft springs big (nuptials) surprise on guests Kraft could not be reached immediately for comment Wednesday.

With floor-to-ceiling glass windows and doors, the four-bedroom condo has 6,376 square feet, including its 1,300-square-foot wraparound balcony.

The condo was extensively renovated and decorated in a contemporary style with high-end finishes by noted designer and sculptor Maya Lin, who designed the Vietnam Veterans Memorial in Washington, D.C. Lin was married to the late Mark Daniel Wolf, whose parents bought the penthouse in 2000 for $6 million and owned it until their recent deaths. Joyce “Joy” Wolf died Aug. 7 at 95. Her husband of 66 years, oil-and-gas industry entrepreneur Erving G. Wolf, died in 2018.

One of the deeds recorded Wednesday lists the sellers as Lin, Rachel Ming Wolf and India Lin Wolf “individually” and as the “ancillary personal representatives” of the estate of Mark Daniel Wolf. The second deed lists the seller as Matthew Davis Wolf, individually and as trustee of the Joyce Wolf Living Trust. Each deed was recorded with a sale price of $11.875 million.

The Wall Street Journal was the first news outlet to report the sale, which has been independently confirmed by the Palm Beach Daily News. https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/28/patriots-owner-robert-kraft-behind-palm-beach-record-setting-condo-buy/…

2/4

12/29/22, 9:40 AM

Patriots owner Robert Kraft behind Palm Beach record-setting condo buy

Kraft has an estimated net worth of $10.6 billion, according to Forbes.com. He is chairman and CEO of The Kraft Group, headquartered in Foxboro, Massachusetts, where the Patriots’ stadium is located.

The entity that bought the condo is linked in public records to The Kraft Group’s offices in Foxboro and James Cobery, an executive there. The family company's holdings include paper-and-packaging companies, real estate investments and other ventures.

Besides the NFL Patriots, Kraft also owns Major League Soccer’s New England Revolution club.

A Palm Beach address: Super Bowl team owners, including Robert Kraft, call island home Big sale on the South End: An $8.5 million Palm Beach condo sale sets South End record amid rush of big deals there In 2010, a trust linked to Kraft sold an oceanfront vacant lot at 947 N. Ocean Blvd. in Palm Beach for a recorded $19.32 million, property records show. The trust, which had bought the vacant lot five years before, sold the 1.6-acre lot to a company linked in public records to Philadelphia Phillies co-owner John Middleton. Middleton then built a new house there.

On his visits to Palm Beach, Kraft is said to reside in a double apartment at 1 Breakers Row, a white-glove-service rental building owned by The Breakers.

Kraft recently married Dr. Dana Blumberg. He was married for many years to the late Myra Kraft, who died in 2011.

In September, Dana Koch described the Leverett House penthouse as having a “toes-in-thesand” location, meaning that the building stands directly on the beach. As a result, it affords extraordinary vistas of the shore and sea from the living room, dining area and library/den, he said at the time.

Lin knocked down walls to “open up the apartment to take advantage of the views, which are unparalleled in all of Palm Beach,” Koch said in September.

Prior to the Leverett House sale, the most expensive condo ever sold in Palm Beach was a townhouse-like condominium in the Palazzo Villas quadplex at 219 Brazilian Ave., which changed hands in May for a recorded $18.6 million.

The previous record-setting sale for a Palm Beach condo sale in a more conventional multifamily building took place in November 2021, when an oceanfront penthouse, No. 4S, and a https://www.palmbeachdailynews.com/story/business/real-estate/2022/12/28/patriots-owner-robert-kraft-behind-palm-beach-record-setting-condo-buy/…

3/4

4/25/22, 12:28 PM

Rare-to-market Palm Beach condo sets building record. But for how much?

REAL-ESTATE

Rare-to-market Palm Beach seaside condo sets a building record. But for how much?

Darrell Hofheinz Palm Beach Daily News Published 5:01 a.m. ET April 25, 2022

Updated 8:06 a.m. ET April 25, 2022

Condominiums in Palm Beach’s oceanfront Leverett House tend to fetch noteworthy prices because units in the full-service building on the near North End rarely change hands — and as a result are always in demand.

That bit of background helps explain a sale recorded last week at $10.63 million for Unit E 3A, one of only six units at 110 Sunset Ave. The sale set a building price record that had stood since 2013, courthouse records show. https://www.palmbeachdailynews.com/story/business/real-estate/2022/04/25/rare-market-palm-beach-condo-sets-building-record-but-how-much-real-e… 1/3

4/25/22, 12:28 PM

Rare-to-market Palm Beach condo sets building record. But for how much?

The apartment is in the easternmost of the two mid-rises that comprise the Leverett House, which was was developed in 1982.

The property lies immediately north of The Breakers The deed lists the buyer as Palm Beacher Ronald A. Rosenfeld, who, with his wife, Philo F. Liedquist, is selling a condo on the South End, according to the multiple listing service.

The four-bedroom unit at the Leverett House had been owned by the same Canadian family since 1985, when it changed hands for $1.65 million, courthouse records show.

Stephen Diamond signed the deed to sell the apartment as a director and authorized signing officer of Palm Beach Holdings Ltd. The document lists the Toronto address of the seller as that of the Diamond family’s Whitecap Venture Partners, where Carey Diamond is president and director. The company was founded by the late Eph Diamond.

State of the market: Palm Beach real estate prices skyrocket while sales drop in first quarter, reports show The Leverett House apartment, which included a cabana, has 5,600 square feet of living space, inside and on several covered balconies. The condo features floor-to-ceiling windows and a separate service entry. It was sold with two garage spaces.

The layout includes the main living area, a library, a formal dining room and what the listing placed by broker Christian Angle of Christian Angle Real Estate called an “owner’s suite.”

Angle listed the condo for sale in early December at $11.35 million. He also handled the buyer’s side of the deal, which was recorded April 18 at the Palm Beach County courthouse.

Angle declined to comment.

Another big Leverett House deal: Palm Beach homes: Seaside condo brings $9.41 million; sellers built new home Angle, meanwhile, has the listing for Rosenfeld and Liedquist’s condominium — No. 204S — in the 2000 building at Sloan’s Curve. With three bedrooms and 3,280 total square feet, that apartment is under contract with an asking price of just under $5 million, according to the MLS. Rosenfeld bought the Sloan’s Curve unit for a recorded $2.45 million in July 2019, when he was represented by agent Dragana Connaughton of Sotheby’s International Realty. In that sale, agents Paulette Koch and Dana Koch of the Corcoran Group acted for the sellers, longtime Palm Beachers Lee and Ann Fensterstock. https://www.palmbeachdailynews.com/story/business/real-estate/2022/04/25/rare-market-palm-beach-condo-sets-building-record-but-how-much-real-e… 2/3

1/7/22, 10:53 AM

Rental home near ocean sells for just under $9 million in Palm Beach

REAL-ESTATE

Rental home near ocean sells for just under $9 million in Palm Beach, deed shows The sellers used the house at 137 Australian Ave. as an investment property, according to rental listings in the multiple listing service.

Darrell Hofheinz Palm Beach Daily News Published 6:02 a.m. ET Jan. 7, 2022

As would-be buyers search for homes in Palm Beach amid inventory that remains sparse, one place to look sometimes gets lost in the shuffle — investment houses that have primarily been used as rental properties.

Yet Palm Beach traditionally has had plenty of homes that are leased to tenants and produce income for their owners, who must abide by the town’s strict rules governing how frequently residences can be rented out in any given year. Many of those properties have remained fully leased during the coronavirus pandemic, while others instead have been occupied by their owners in the off months — or even year-round — since the health crisis began.

But some of those properties do change hands. Among the rentals that have sold recently was a four-bedroom house in a prime Midtown ocean block at 137 Australian Ave. It sold privately at a price recorded at just under $9 million.

Leasing woes: Finding a Palm Beach rental this season will likely be a tough slog Tax attorney William Indoe and his wife, Jane, sold the house at 137 Australian Ave. to Toronto-based Deborah Kurtin, who acted as trustee of a residence trust in the sale documented last month at the Palm Beach County Courthouse. The house — with 4,457 square feet of living space, inside and out — stands on a quarter-acre a few lots west of Midtown Beach on the third street north of Worth Avenue.

Heard the latest? Read more Palm Beach real estate news here https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/07/rental-home-near-ocean-sells-just-under-9-million-palm-beach/91147910…

1/2

1/7/22, 10:53 AM

Rental home near ocean sells for just under $9 million in Palm Beach

The Indoes, who have ties to New York City, own a homesteaded townhouse they use as their primary home on nearby Chilean Avenue. They have owned that townhome since 2014, property records show.

They bought the residence on Australian Avenue in 2007 when it was new for about $4 million, property records show. They have regularly rented it out since at least 2009, according to records in the multiple listing service. It most recently was advertised for lease, furnished, in 2020 for $20,000 per month annually and for $40,000 a month on a seasonal basis.

Agents Pat McInerney and Sylvia James have been the Indoes’ leasing agents for years, first through the agency that eventually became William Raveis South Florida and more recently after they joined Brown Harris Stevens.

The two agents also represented the Indoes in the December sale of the Australian Avenue house, McInerney confirmed for the Daily News. She and James also had acted on the Indoes’ behalf when they bought it 14 years ago. Representing the buyer was broker Christian Angle of Christian Angle Real Estate, who also had handled negotiations for a tenant who leased the house in September 2019, the MLS shows.

McInerney and Angle declined to comment about the sale or their clients.

The Indoes own at least two other properties in town — a house at 310 Australian Ave. and condominium, No. 10, in a building at 429 Australian Ave, records show. They also once owned an investment house at 150 Algoma Road near The Mar-a-Lago Club. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/01/07/rental-home-near-ocean-sells-just-under-9-million-palm-beach/91147910…

2/2

7/6/22, 8:39 AM

Sale of house marketed for land value tops $20 million in Palm Beach

REAL-ESTATE

Palm Beach house in same family since 1976 sells at land value for $21.5 million: deed The house at 120 Dunbar Road stands on nearly a half-acre and is the second home from the beach. It had been in the Brekus family for 45 years.

Darrell Hofheinz Palm Beach Daily News Published 5:01 a.m. ET July 1, 2022

Updated 8:04 p.m. ET July 5, 2022

A house that hadn’t changed hands for 45 years on an ocean-block lot in the near North End of Palm Beach has sold for its land value at $20.5 million, the price recorded with the deed.

Trudy Brekus parted with the home at 120 Dunbar Road, which she and her late husband, Gordon, bought for $205,000 in 1976, property records show. Built in 1958, the threehttps://www.palmbeachdailynews.com/story/business/real-estate/2022/07/01/sale-house-marketed-land-value-tops-20-million-palm-beach/7782094001/

1/3

7/6/22, 8:39 AM

Sale of house marketed for land value tops $20 million in Palm Beach

bedroom house is the second one from the beach on the south side of Dunbar Road, a little more than a half-mile north of The Breakers. The lot measures a little less than a halfacre, records show.

On the buyer’s side of the deal was a trust with a mailing address at a post office box in Ketchum, Idaho, the deed shows. That address is linked in recent business filings to privateequity investor Steven M. Shafran.

Shafran is a senior advisor with Centrebridge, where he focuses on investments in the media, telecommunications and financial services and technology sectors, according to the company’s website. The investments firm has offices in New York City and London.

Shafran also founded AMRI Financial Inc., a financial advisory firm that specializes in “special situation equity and debt financing,” according to a brief online biographical sketch.

He also is associated with lender Roundhouse Capital LLC. Idaho records list him as president of AMRI Financial and manager of Roundhouse Capital.

With a swimming pool and a two-car garage, the house has 6,348 square feet of living space, inside and out.

The sale closed Thursday, the MLS shows, and the deed recorded a day later.

A ‘great opportunity’ to build in Palm Beach The house was sold by Brekus’ son, Richard T. Brekus, who acted as trustee of an irrevocable trust in her name, the deed shows.

Agent Denise Segraves of Sothebys International Realty handled the seller’s side.

From the archives: Trudy Brekus finds friendship and purpose in Palm Beach Down the street: Fashion designer Tommy Hilfiger, wife buy second multi-million dollar home on Palm Beach Broker Christian Angle of Christian Angle Real Estate represented the buyer.

The deed lists West Palm Beach real estate attorney Maura Ziska as trustee of the trust that bought the property, the 120 Dunbar Road Trust. Ziska declined to discuss the sale, and Shafran could not be reached immediately for comment.

Angle and Segraves declined to comment. https://www.palmbeachdailynews.com/story/business/real-estate/2022/07/01/sale-house-marketed-land-value-tops-20-million-palm-beach/7782094001/

2/3

7/6/22, 8:39 AM

Sale of house marketed for land value tops $20 million in Palm Beach

Segraves listed the house at just under $23.5 million in late March and landed it under contract May 17, the MLS shows. She had marketed the house as a “great opportunity to build” on Dunbar Road.

Tommy Hilfiger owns estate on Palm Beach’s Dunbar Road Real estate observers consider the ocean block of Dunbar Road prime North End real estate, thanks to its privacy and proximity to the beach and to shopping and dining in the Royal Poinciana Way commercial district.

Among Dunbar Road's residents, fashion designer Tommy Hilfiger and his wife, Dee Ocleppo, own a lakefront estate on the opposite end of the street.

With ties to Guilford, Connecticut, Trudy Brekus had the house homesteaded as her primary residence. Her husband, who died at 80 in 2011, was a management consultant who worked for Alexander Proudfoot Co. for more than 30 years, according to his obituary.

World’s wealthiest: Palm Beach sees hike in billionaires, analysis of Forbes data shows Billionaire buys estate: A Florida ‘most expensive’ residential record: Waterfront estate sells for $173 million * This story was updated from a previous version. This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/07/01/sale-house-marketed-land-value-tops-20-million-palm-beach/7782094001/

3/3

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

REAL-ESTATE

Manalapan sea-to-lake estate brings $25.75 million, deed shows Music amplifier entrepreneur Hartley D. Peavey, founder of Peavey Electronics Corp., and wife sell their home on more than an acre to a hedge fund executive.

Darrell Hofheinz Palm Beach Daily News Published 8:18 a.m. ET Aug. 7, 2021

Updated 8:43 a.m. ET Aug. 9, 2021

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523…

1/4

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

A financier is on the buyer’s side of a sale just recorded at $25.75 million for an ocean-to-lake estate in Manalapan, which was sold by music equipment manufacturer Hartley D. Peavey and his A financier was on the buyer’s side of sale recorded at $25.75 million for an ocean-to-lake estate in Manalapan, which was sold by music equipment manufacturer Hartley D. Peavey and wife, Mary.

The off-market sale of 1200 S. Ocean Blvd. marks the latest of several deals this year that have topped $20 million in Manalapan, the wealthy town south of Palm Beach.

The buyer was a Florida limited liability company named after the property’s address and managed by Nobel and Ruchi J. Gulati, who recently bought a waterfront house in Jupiter, courthouse and business records show.

Nobel Gulati is the former CEO of Two Sigma Advisors, a New York Citybased hedge fund, where his duties included overseeing assetmanagement divisions aimed at institutional investors, according to published reports.

On the sellers’ side, the Peaveys acted as trustees of a trust in Mary Peavey’s name, according to the deed recorded on Aug. 6. Hartley Peavey also signed the deed individually. Records show he had been associated with the ownership of the property since 1989.

Dock, tennis court among the amenities Built in 1997, the two-story house presides over 1½ acres and has 27,017 square feet of living space, inside and out, according to property records. The estate has about 150 feet of ocean frontage and the same amount of waterfront on its lake parcel west of the coastal road.

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

Heard the latest? Read more Palm Beach real estate news With longtime ties to Mississippi, Hartley Peavey in 1965 founded Peavey Electronics Corp., which is described on its website as among the world’s largest makers and suppliers of musical instruments, amplifiers and professional audio systems. He is CEO and his wife is president of the firm, headquartered in Meridian, Mississippi.

The estate the Peaveys just sold lies about a mile south of the Ocean Avenue bridge to Lake Worth. The property includes a dock in the Intracoastal Waterway, a tennis court and an oceanfront swimming pool with a whirlpool spa.

Broker Christian Angle of Christian Angle Real Estate confirmed he handled both sides of the Manalapan sale but declined further comment.

The Peaveys had the estate homesteaded in the latest Palm Beach County tax rolls.

More: Manalapan estate with oceanside mansion goes for $28 million: deed In March, the Gulatis paid a recorded $8.6 million for their Jupiter house on Quayside Drive, according to records kept by the county clerk’s office. That house has five bedrooms and 11,300 total square feet on a half-acre lot, records show.

In the Jupiter transaction, agent Robert Thomson of Waterfront Property & Club Communities acted for the sellers, Gerald and Eugenia Mercadante, according to records in the multiple listing service. The Gulatis were represented in the Jupiter sale by agents Seth Benkaddour and Nadine Fite of William Raveis South Florida. https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523… 3/4

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

Big deals in Manalapan Since the start of the New Year, several properties have sold in Manalapan for more than $20 million, at least in part because highquality waterfront estates in Palm Beach have become more difficult to come buy, real estate observers say.

In the largest of those sales, Netscape co-founder Jim Clark paid a recorded $94.17 million in March for the Ziff family’s massive estate — plus another $200,000 for part of a vacant island off its coast — just north of the Boynton Beach Inlet at 2000 S. Ocean Blvd. In that sale, agents Cristina Condon, Todd Peter and Frances Peter of Sothebys’ International Realty acted on behalf of the seller, while broker Lawrence Moens of Lawrence A. Moens Associates represented Clark. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist. You can reach him at dhofheinz@pbdailynews.com. Help support our journalism. Subscribe today. @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523…

4/4

11/14/22, 8:21 AM

Sold 3 times in 2 years, Palm Beach house doubles in value to $15M

REAL-ESTATE

Sold 3 times in 2 years, a Palm Beach house has more than doubled in value to $15 million A custom home built in 2009 at 245 Ridgeview Drive in Palm Beach changed hands for $7.3 million in 2020 and $7.66 million in 2021.

Darrell Hofheinz Palm Beach Daily News Published 5:30 a.m. ET Nov. 14, 2022

Updated 7:22 a.m. ET Nov. 14, 2022

A Palm Beach house has changed hands for the third time in two years, and the price — $15.05 million – is more than double what it sold for in late 2020, according to property records and the multiple listing service.

Completed as a custom home in 2009, the four-bedroom house at 245 Ridgeview Road on the North End sold for $7.3 million in November 2020 and flipped for $7.66 million about eight months later, courthouse records show.

No deed for the latest sale, which closed Thursday, has been recorded by the Palm Beach County Clerk’s office, so the buyer’s identity isn’t yet available in public records. But the sold price was reported in the MLS. The clerk’s office was closed Thursday because of the threat from Hurricane Nicole and Friday for Veterans Day. Sold in 2020: Palm Beach house at 245 Ridgeview Drive sells for $7.3M, then re-listed at $8.2M Down to the ground! Crews begin razing billionaire’s $110-million-plus tear-down mansion in Palm Beach The house was sold by hedge-fund manager Brett Barakett and his wife, Meaghan, property records indicate. Brett Barakett in 2001 founded Tremblant Capital, a global assethttps://www.palmbeachdailynews.com/story/business/real-estate/2022/11/14/florida-real-estate-sold-3-times-3-years-palm-beach-house-doubles-value…

1/3

11/14/22, 8:21 AM

Sold 3 times in 2 years, Palm Beach house doubles in value to $15M

management and investments firm with offices in West Palm Beach and Stamford, Conn. He is listed on the firm’s website as partner, chairman and chief investments officer.

The Baraketts had the house homesteaded as their primary residence in the latest Palm Beach County tax rolls.

The couple has been busy across town with a major multi-year restoration project that completely rebuilt Southways, a landmarked 1920s-era Beaux Arts-style house at 130 Barton Ave. They paid a recorded $16.85 million for Southways in August 2019.

Southways sold: Stately landmarked house near beach at 130 Barton Ave. sells for $16.85 million Billionaires in Palm Beach: Trump back on Forbes 400 and is among list’s 34 Palm Beach billionaires

Palm Beach house has open family room with vaulted ceiling Broker Christian Angle of Christian Angle Real Estate represented them in their purchase of Southways and also handled both sides of last week’s sale on Ridgeview Drive. Angle and his clients could not be immediately reached for comment.

The house on Ridgeview Drive stands on a midblock lot of about a quarter-acre and has 5,294 square feet of living space, inside and out. Ridgeview Drive is the third street south of the Palm Beach Country Club.

The layout of the house features a well-equipped kitchen that is open to a family room crowned by a vaulted ceiling. The nearby butler’s pantry has a wet bar and wine refrigerator, according to Angle’s sales listing.

The first-floor primary bedroom suite has double closets and an oversize bathroom along with an indoor-outdoor shower. The upstairs guest bedrooms have en-suite baths and doors that open onto balconies.

In the backyard, a covered loggia faces the pool, which has a sun-shelf. Other outdoor amenities include a fireplace and a built-in barbecue area.

Architect Roger Janssen of Dailey Janssen Architects in West Palm Beach designed the house for its original owners, Forrest J. Bahl II and his wife, attorney Amy Dukes Bahl. In the 2020 sale, the Bahls sold the house to James D. Hanegan, who acted as trustee of two trusts that https://www.palmbeachdailynews.com/story/business/real-estate/2022/11/14/florida-real-estate-sold-3-times-3-years-palm-beach-house-doubles-value…

2/3

11/14/22, 8:21 AM

Sold 3 times in 2 years, Palm Beach house doubles in value to $15M

shared a 50% interest in the property — the Belobella Family Trust and the Venice Family Trust.

The Baraketts bought the house from the two trusts in July 2021, and Angle negotiated for them opposite agent Marley Goodman Overman of Illustrated Properties.

Property records show the Baraketts purchased the Ridgeveiw Drive property through a Delaware-registered limited liability company. They then immediately leased it to themselves for a term of 99 years, an arrangement that allowed them to qualify for a homestead exemption under state law.

In the Baraketts’ 2019 purchase of Southways, agent Steven Gallant of Gallant Appraisal & Realty handled the seller’s side. Gallant’s family had owned the house for decades. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2022/11/14/florida-real-estate-sold-3-times-3-years-palm-beach-house-doubles-value…

3/3

5/11/22, 1:04 PM

Terry Taylor Buys Oceanfront Palm Beach Condo for $8M

Auto dealership magnate Terry Taylor buys oceanfront Palm Beach condo Condo was built in 1990, gut-renovated by the sellers in 2015 Miami

May. 11, 2022 10:30 AM

By Adam Farence

https://therealdeal.com/miami/2022/05/11/auto-dealership-magnate-terry-taylor-buys-oceanfront-palm-beach-condo/

1/3

5/11/22, 1:04 PM

Terry Taylor Buys Oceanfront Palm Beach Condo for $8M

Douglas Elliman’s Scott Gordon with 2770 South Ocean Boulevard (Douglas Elliman, Google Maps) An auto dealership magnate dropped $7.5 million on a gut-renovated oceanfront Palm Beach condo.

Property records show Terry R. Taylor, using an entity he leads, bought unit S-502 at 2770 South Ocean Boulevard. The seller is O’Keefe Limited Partnership, a Canadian entity with a Toronto address.

Taylor leads West Palm Beach-based Automotive Management Services, which shares the same address as the entity he used to buy the condo. Taylor is the largest private owner of auto dealerships in the country, with more than 120 dealerships throughout the South and Midwest, according to Automotive News.

The condo was listed in March for $7.5 million. Scott Gordon with Douglas Elliman had the listing. Christian Angle with Christian Angle Real Estate represented the buyer. Angle could not be reached for comment.

https://therealdeal.com/miami/2022/05/11/auto-dealership-magnate-terry-taylor-buys-oceanfront-palm-beach-condo/

2/3

5/11/22, 1:04 PM

Terry Taylor Buys Oceanfront Palm Beach Condo for $8M

GET THE LATEST RESIDENTIAL REAL ESTATE NEWS! Don’t miss our top stories every week in your inbox.

Email address SIGN UP

Gordon said the sellers, two brothers from Toronto, gut-renovated the condo in 2015 after they bought it for $2.8 million. He said they worked with interior designer Allison Paladino.

Gordon said the buyer paid $7.2 million for the unit and $300,000 for the furniture. He declined to name the buyer. The total sale price breaks down to $1,782 per square foot.

Built in 1990, the 4,040-square-foot condo comes with three bedrooms, three bathrooms and one-half bathroom, according to Realtor.com.

In 2017, Taylor paid $25 million (https://therealdeal.com/miami/2017/04/05/us-car-dealerterry-taylor-revealed-as-buyer-of-25m-porsche-design-penthouse/) for a penthouse at

Porsche Design Tower at 18555 Collins Avenue in Sunny Isles Beach. Records show he still owns the property. In 2016, he paid $5 million (https://therealdeal.com/miami/2017/07/06/porsche-design-tower-ph-owner-terry-taylorwants-to-flip-smaller-unit-for-7-3m/) for unit 3203 at the same tower, with plans to flip it

for $7.3 million, but records show it sold for $4.9 million.

Other recent Palm Beach (https://therealdeal.com/miami/tag/palm-beach/) sales include billionaire Steve Wynn flipping a waterfront home in April for $32 million (https://therealdeal.com/miami/2022/04/22/billionaire-steve-wynn-flips-palm-beach-homefor-32m-up-33-in-a-year/) within a year of buying the property for $24 million. Also in

April, the Frisbies sold a spec townhouse on the former site of Charley’s Crab restaurant

https://therealdeal.com/miami/2022/05/11/auto-dealership-magnate-terry-taylor-buys-oceanfront-palm-beach-condo/

3/3

ANGLE PRESS 2021

3/29/2021

EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows

REAL-ESTATE

EXCLUSIVE: Landmarked mansion sells for $57M in Palm Beach’s Estate Section: MLS Red Carnation Hotels founder Beatrice Tollman parts with her renovated lakefront estate of about 3 acres. She paid $2.7 million for it in 1987, records show.

Darrell Hofheinz Palm Beach Daily News Published 7:21 p.m. ET Mar. 28, 2021

Updated 8:44 p.m. ET Mar. 28, 2021

Beatrice Tollman, who founded the British parent company of The Chesterfield hotel in Palm Beach, has sold her longtime lakeside estate on nearly 3 acres in the Estate Section for a reported $57 million.

The sale of 174 Via Del Lago is the eighth Palm Beach sale of houses or vacant lots to hit or exceed $40 million since the tail end of December, records show.

The transaction closed Friday, according to an updated sales listing in the Palm Beach Board of Realtors Multiple Listing Service. Because a deed for the sale has not yet been recorded at the Palm Beach County Clerk’s office, the buyer's identity hasn’t been publicly revealed. It’s also unclear whether the price reported in the multiple listing service will match the one to be recorded with the deed. https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/28/exclusive-landmark-palm-beach-house-fetches-57-m-mls-shows/7011767…

1/4

3/29/2021

EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows

The estate, with its recently renovated house, hadn’t changed hands since 1987, when Tollman paid $2.7 million for it, property records show.

With about 307 feet of waterfront, the estate is five streets north of former President Donald Trump’s Mar-a-Lago Club. The property is home to Southwood, a landmarked 1934 Monterey-style mansion — with French Creole influences — designed by noted society architect Marion Sims Wyeth.

The mansion has 18,554 square feet of living space inside and out, with nine bedrooms, the listing shows. Among the features are a four-bedroom staff apartment, a six-car garage and a dock.

More: Lakeside estate priced at $65M under contract in Palm Beach, MLS shows Broker Christian Angle of Christian Angle Real Estate listed the estate for sale at $68.9 million in mid-December in the MLS. Agent Suzanne Frisbie of Premier Estate Properties acted on behalf of the buyer, according to the MLS. Angle, Tollman and Frisbie couldn’t be reached for comment.

More: Mizner Awards honor Palm Beach projects and firms The most recent renovation of the house was carried out by Smith Kellogg Architecture of West Palm Beach and won the Addison Mizner Award for historic preservation, renovation and restoration in 2021 juried competition sponsored by the Florida chapter of the Institute of Classical Architecture & Art. https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/28/exclusive-landmark-palm-beach-house-fetches-57-m-mls-shows/7011767…

2/4

3/29/2021

EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows

The grounds include a coral keystone-covered patio and pool patio offering “stunning sunset views” of the Intracoastal Waterway, according to Angle’s sales listing. The tennis court features a “viewer’s terrace.”

Elsewhere, a garden bridge crosses over a koi pond. There’s also also an outdoor kitchen.

The interiors are appointed with “gorgeous European detailing,” the listing said, including the paneled library. A generously proportioned foyer is open to a gallery overlooking a courtyard, and the formal dining room — with a fireplace — leads to the “luncheon loggia.”

The kitchen’s countertops and backsplash are fashioned from marble marble. The layout also includes an elevator, butler's pantry, breakfast room and lakeside master-bedroom wing with fireplace, dual walk-in closets and well-appointed baths, the listing said.

The gym has a built-in bar and spa with a changing room, steam shower and sauna. The wood-paneled theater features a drop-down movie screen, integrated speakers and a bar.

More: Marion Sims Wyeth leaves legacy of varied architectural styles, architect says Beatrice Tollman is president of the London-based Red Carnation Hotels, which also owns hotels abroad. In 1989, the Tollman family acquired the former Palm Court hotel near Worth Avenue at 363 Cocoanut Row and reopened it as The Chesterfield. Tollman's husband is hotel and travel executive Stanley Tollman, but she owned the house in her name.

The Red Carnation Hotel Collection includes 19 properties, including six in London — the Egerton House Hotel, The Chesterfield Mayfair, The https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/28/exclusive-landmark-palm-beach-house-fetches-57-m-mls-shows/7011767…

3/4

3/29/2021

EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows

Montague on the Gardens, Hotel 41, The Rubens at the Palace and The Miletone Hotel & Residences. Among the other properties are hotels and resorts in Ireland, Scotland and Switzerland. Three properties in South Africa include The Twelve Apostles Hotel & Spa in Cape Town.

From the archives: Group honors Tollman as 2012 top international hotelier In 1990, the town granted landmark status to Southwood, a designation that protects its exterior walls from significant alterations without the permission of the Landmarks Preservation Commission.

Wyeth designed Southwood for Dr. John A. Vietor and his wife, Jell-O heiress Eleanor Woodward Vietor. The house was later renovated by society architect John L. Volk's firm.

Tollman bought the property from the estate of the late Joanne Uris, courthouse records show. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/28/exclusive-landmark-palm-beach-house-fetches-57-m-mls-shows/7011767…

4/4

1/18/2021

Ford house sale biggest MLS-listed Palm Beach deal in nearly 4 years

REAL-ESTATE

Kate Ford house sale biggest MLS-listed deal in nearly four years Sale of 300 N. Lake Way in Palm Beach recorded at $55.15 million this month.

Darrell Hofheinz Palm Beach Daily News Published 1:27 p.m. ET Jan. 16, 2021

Recorded at $55.15 million, the recent Palm Beach sale of the late Kathleen DuRoss Ford’s lakefront mansion at 300 N. Lake Way was the second-highest-dollar deal ever recorded on the island for a lakefront estate without ocean frontage.

But the deal holds another price distinction in a town where many of the largest deals are handled privately, outside the multiple listing service.

The sale, which closed early this month, is the most expensive MLS-listed property to change hands in nearly four years, an online search shows.

It beat the $49-million price of an MLS-recorded sale that closed Feb. 1, 2017, for what was then a never-lived-in beachfront house developed on speculation at 101 Indian Road on the far North End. >>RELATED: Lakefront mansion of the late Kate Ford brings $55.15M in Palm Beach, deed shows https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/16/ford-house-sale-biggest-mls-listed-palm-beach-deal-nearly-4-years/4183…

1/2

1/18/2021

Ford house sale biggest MLS-listed Palm Beach deal in nearly 4 years

Broker Lawrence Moens of Lawrence A. Moens Associates had the listing for the former Ford house, which Ford’s estate sold to David and Constance Littman, as previously reported by the Daily News. The buyers were represented by broker Christian Angle of Christian Angle Real Estate.

Angle also represented the buyer in the deal on Indian Road, opposite listing agent Cristina Condon of Sotheby’s International Realty. That house was developed by an investment group that included Moens and Robert G. Fessler. It was bought by a trust associated with Tamara and Albert Rabil III. Other estates in Palm Beach have sold for far more than those two houses over the past four years. But those were off-market transactions.

Kathleen Ford was the widow of automotive scion Henry Ford II, who headed Ford Motor Co. They married in 1980 and he died in 1987. She died in May at 80. >>RELATED: Trust buys house at 101 Indian Road for $49 million, a Palm Beach ‘spec’ record >>RELATED: Palm Beach estate sells for documented $105M; sets island and likely state record * Darrell Hofheinz writes about real estate in his weekly “Beyond the Hedges” column. He welcomes news items about Palm Beach real estate for this column. Email dhofheinz@pbdailynews.com, call 820-3831 or tweet @PBDN_Hofheinz. https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/16/ford-house-sale-biggest-mls-listed-palm-beach-deal-nearly-4-years/4183…

2/2

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

REAL-ESTATE

Tommy Hilfiger closes third Palm Beach buy this year; reported price tops $46 million Fashion designer and wife buy 1930 S. Ocean Blvd., once the home of Conrad Black, who was pardoned in 2019 by former President Trump.

Darrell Hofheinz Palm Beach Daily News Published 6:28 p.m. ET Jul. 8, 2021

Updated 10:11 p.m. ET Jul. 8, 2021

Fashion designer Tommy Hilfiger and wife Dee Ocleppo Hilfiger have paid a reported $46.25 million for another property in Palm Beach — the ocean-to-lake estate that was once the home of former media mogul Conrad Black on Billionaires Row. The Hilfigers’ off-market purchase of 1930 S. Ocean Blvd is the third house they’ve bought on the island since the beginning of March.

The estate measures about 3 acres with 300 feet of ocean and lake frontage.

The sale comes on the heels of a $21 million deal recorded in June in which the Hilfigers used an ownership company to buy a lakefront home across town on Dunbar Road; and a little more than three months after the couple paid $9 million, through the same company, for a justcompleted house on Fairview Road near the Palm Beach Country Club. https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

1/7

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

The South Ocean Boulevard sale also follows a recent $24 million deal in which the Hilfigers parted with a seaside house in Miami-Dade County.

The Palm Beach Daily News confirmed with multiple sources that the Palm Beach sale closed Thursday, although the deed for the transaction had not yet been recorded at the Palm Beach County Courthouse by the end of the business day. The price of the Hilfigers’ purchase on South Ocean Boulevard was first reported by the Wall Street Journal Thursday.

More: Fashion designer Tommy Hilfiger, wife buy second multi-million dollar home on Palm Beach The seller was investor and investment adviser Lloyd I. Miller III, who owned the property as trustee of a trust in his name, property records show. Miller used a different entity to buy the house from a company linked to Black for a recorded $23.1 million in 2011. Six years later, Miller and his wife, Susan S. Milller, deeded ownership to the trust that just sold the estate, records show.

The British Colonial-style mansion has a sprawling floor plan and 21,672 square feet of living space, inside and out, according to property records.

A tunnel beneath South Ocean Boulevard connects the main property to its beach parcel.

The estate at one point secured bail for Black, a Canadian-born British citizen who served about three years in a Florida prison after his 2007 conviction in Chicago on federal charges of criminal fraud and obstruction of justice — although two of the three fraud charges ended up thrown out on appeal. Black, a writer and former financier, columnist and newspaper publisher, was eventually pardoned in 2019 by former President Donald Trump.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

2/7

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

The Hilfigers apparently plan to update the mansion. At the beginning of the year, they sold — for a reported $45 million — their renovated 22acre estate in Greenwich, Connecticut. At the time, Tommy Hilfiger told the Wall Street Journal he was eyeing a Palm Beach estate, but did not identify it.

“This is the end of an era. I moved to Greenwich from Manhattan 35 years ago. I’ve bought and sold numerous homes but this was the masterpiece,” Hilfiger told the Journal in January. “My wife Dee and I engaged in a three-year renovation to enhance the original charm and beauty of this magnificent estate. We’re looking forward to residing in Palm Beach and embarking on yet another fun project.”

More: EXCLUSIVE: Tommy Hilfiger buys Palm Beach house for $9 million through ownership company, deed shows

Renovations at the property The Palm Beach mansion was built in 1973 but underwent a top-tobottom renovation in 2000, three years after Black bought it for a recorded $9.9 million, building records show.

When the estate last changed hands, it had five bedrooms, a guesthouse, a home theater, a library-and-den and a three-car garage, according to a previous sales listing. The property also has a dock, a tennis court and a pavilion that serves the swimming pool.

The Millers made their own improvements to the property, building records show.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

3/7

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

Lloyd Miller, who has residential ties to Malibu, California, has been associated in public records with the purchase and sale of common shares of a variety of companies using entities the have included Alimco Financial Corp., the Miller Family Education and Medical Trust, a spousal trust in the name of his wife and several limited liabiltiy companies and partnerships, including MILFAM III LLC, MILVAM II LP and LIMFAM LLC. He also has business ties to an building on South Dixie Highway in West Palm Beach, records show.

Broker Lawrence Moens of Lawrence A. Moens represented the seller in this week’s deal, his office confirmed.

Negotiating on behalf of the Hilfigers was broker Christian Angle of Christian Angle Real Estate.

The Hilfigers, the Millers and Moens couldn’t be reached. Angle confirmed his involvement in the sale but declined further comment.

Fashion forward: Tommy Hilfiger discusses future of retail at Breakers

Hilfigers’ recent Palm Beach purchases The Hilfigers bought their other Palm Beach properties through the same Delaware-registered limited liability company, Villa Deniz LLC, the name of which nods at Ocleppo’s given name.

Angle handled both sides of the recent sale at 313 Dunbar Road. In that deal, the couple used their ownership company to buy the Mediterranean-style house with three bedrooms and 6,175 square feet of living space, inside and out. The sellers on Dunbar were businessman https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

4/7

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

and health-care entrepreneur Donald R. Dizney and his wife, Irene, who completed their custom home in 2006 on a lot of about a third of an acre with 100 feet of frontage on the Intracoastal Waterway.

Angle also acted on the Hilfigers’ behalf in March, when they bought the never-lived-in, three-bedroom house — with just under 5,000 total square feet — at 244 Fairview Road on the North End. In that sale, agents Toni Hollis and Gloria Moré of Waterfront Properties and Club Communities were the listing agents for seller Michael Flynn Jr., whose family developed the house.

Meet the new neighbor: Tommy Hilfiger, wife to settle in among friends in Palm Beach

Hilfigers bought, sold seaside manse in Palm Beach Moens was well familiar with the estate the Hilfigers just bought on South Ocean Boulevard. He represented Black’s ownership company when it sold the house a decade ago in a deal that saw Corcoran Group agents Paulette Koch and Dana Koch acting for the Millers.

The original case against Black included charges that Black stole millions of dollars from Chicago-based Hollinger International Inc. when he headed the company. He denied any wrongdoing.

At one point, Black controlled a media empire that included the Chicago Sun-Times, The Daily Telegraph of London and The Jerusalem Post. Black and his wife, journalist Barbara Amiel, reportedly live in Toronto.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

5/7

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

From the archives: Conrad Black re-sentenced to 13 more months in prison, wife Barbara faints in courtroom The Hilfigers previously owned another Palm Beach oceanfront mansion, at 100 Casa Bendita, which they sold for a recorded $35 million in 2018, a year after they had bought it for $34 million. That Mediterranean-style mansion has six-bedrooms and 13,773 square feet.

Angle took part in the 2018 sale on Casa Bendita, although he has never discussed specifics of his role in that private deal and the Palm Beach Daily News was unable to confirm if any other agents or agencies were involved.

Moens represented the sellers in the 2017 deal when the Hilfigers bought the house on Casa Bendita. In that deal, the Hilfigers were represented by broker Linda Gary of Linda A. Gary Real Estate.

Tommy Hilfiger founded Tommy Hilfiger Corp. in 1985 and built it into an apparel and lifestyle empire with a focus on casual, American style. He sold the company in 2006 and it changed hands again four years later, when it sold to Phillips-Van Heusen. Hilfiger is the company’s principal designer.

Ocleppo has designed handbags and other accessories for her eponymous label.

Oceanfront sale in Miami-Dade Villa Deniz LLC was on the selling side of the deal in which Hilfigers’ parted with their seven-bedroom seaside house in Golden Beach in Miami-Dade. That 14,025-square-foot house at 605 Ocean Blvd. is north https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

6/7

7/9/2021

Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million

of Miami Beach between Hollywood Beach and Bal Harbour. The buyer was a limited liability company managed by Grant Cardone, founder and CEO of Cardone Capital of Aventura.

The Hilfigers’ ownership company paid a recorded $17.25 million for the Golden Beach house in 2013 and had it on and off the market during the past few years.

In October 2019, Tommy Hilfiger sold, for $31.25 million, his New York City penthouse with 6,000 square feet in the Plaza Hotel to cardealership tycoon Terry Taylor. The double apartment had been on and off the market for 11 years. * This is a developing story. Check back for any updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/08/tommy-hilfiger-buys-third-palm-beach-estate-price-reported-46-million/75…

7/7

3/17/2021

Restored landmark house facing sea in Palm Beach sells for $48.5M: MLS

REAL-ESTATE

Landmarked seaside estate in Midtown brings $48.5M, MLS shows The meticulously restored estate at 172 S. Ocean Blvd. had not changed hands since 1989, when it was bought by private equity specialist E. Burke Ross Jr. for $2.25 million.

Darrell Hofheinz Palm Beach Daily News Published 5:20 p.m. ET Mar. 16, 2021

Updated 7:45 p.m. ET Mar. 16, 2021

Palm Beach could see two house sales scrape $50 million within one week, if the price of the sale of 172 S. Ocean Blvd. records at the same price that was reported Tuesday in the multiple listing service.

The sale — documented at $48.5 million in the MLS — involved La Salona, a restored landmarked house that faces the ocean on the corner of Clarke Avenue, four streets north of Royal Palm Way. The Midtown property last changed hands in 1989, when it was purchased for a recorded $2.25 million by E. Burke Ross Jr., president of Palm Beach-based ADEC Private Equity. He is married to Susan Ross.

In 2000, E. Burke Ross Jr. is married to Susan Ross.Ross transferred the estate’s ownership to a revocable trust in his name for which he served as co-trustee with his brother, Amory Ross, and Linda D’Addario. https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/16/restored-landmark-house-facing-sea-palm-beach-sells-48-5-m-mls/47236…

1/3

3/17/2021

Restored landmark house facing sea in Palm Beach sells for $48.5M: MLS

A deed had not recorded as of Tuesday at the Palm Beach County Courthouse, so the buyer’s identity hasn’t yet been revealed.

More: Steve Wynn linked to $49M buy of Carneys’ custom Palm Beach home The Mediterranean-style house was designed in 1926 by society architect Marion Sims Wyeth and expanded three years later with an addition by another noted architect, Maurice Fatio.

The two-story house stands on nearly an acre of land facing 162 feet of beachfront across the coastal road. The property has 16 bedrooms, including a three-bedroom guest apartment on the first floor and another three-bedroom apartment on the second floor. In all, there are 19,434 square feet of living space, inside and out.

E. Burke Ross Jr. has carried out a variety of restoration projects over 30 years that have returned the house to its original grandeur while accommodating the demands of modern living, according to published reports.

The layout features an arched-entry courtyard and an expansive pool area fronted by open air loggias and patios. Coral-stone walkways lead to lavishly landscaped gardens with fountains.

Interior details include hand-stenciled cypress coffered ceilings, carved columns and heavy paneled doors original to the house.

Original decorative ironwork, paneling and Mediterranean tile work were produced in architect Addison Mizner's workshop, which supplied materials to many Palm Beach homes. https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/16/restored-landmark-house-facing-sea-palm-beach-sells-48-5-m-mls/47236…

2/3

3/17/2021

Restored landmark house facing sea in Palm Beach sells for $48.5M: MLS

More: EXCLUSIVE: Jeffrey Epstein house sold for $18.5M in Palm Beach, sources confirm Agent Gary Pohrer of Douglas Elliman Real Estate listed the house at $49.5 million at the end of May. Broker Christian Angle of Christian Angle Real Estate handled the buyer’s side of the sale, according to the MLS. Wyeth designed the house for Palm Beach attorney W.R. Reynolds, according to historical records.

On Friday, billionaire casino and hotel magnate Steve Wynn paid a recorded $49 million deal for a lakefront house on the opposite end of the island on North Lake Way, as previously reported by the Palm Beach Daily News.

Wynn bought the house at 1350 N. Lake Way from developer Pat Carney and his wife, Lillian, who built it as a custom home for themselves about eight years ago. Agent Jim McCann of Premier Estate Properties handled both sides of that deal. Wynn also owns two other estates in Palm Beach.

More: Read the latest Palm Beach real estate news * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/16/restored-landmark-house-facing-sea-palm-beach-sells-48-5-m-mls/47236…

3/3

6/7/2021

House sale on tip of Everglades Island in Palm Beach exceeds $32 million

REAL-ESTATE

House on tip of Everglades Island brings $32.56 million in Palm Beach: MLS With water on two sides, the residence at 482 Island Drive had been in the Turklitz family since 1992.

Darrell Hofheinz Palm Beach Daily News Published 12:33 p.m. ET Jun. 7, 2021

Updated 12:41 p.m. ET Jun. 7, 2021

One of Palm Beach’s rarest-of-the-rare waterfront houses, thanks to its prime position on the northwest tip of Everglades Island, has changed hands for $32.56 million, the price reported Monday in the local multiple listing service.

Built in 1959, the Palm Beach Regency-style house stands on a half-acre lot with about 295 feet of frontage along the Intracoastal Waterway on the west and north sides.

The property been owned by members of Turklitz family for nearly 30 years. The five-bedroom, five-bathroom house has 7,41 square feet of living space, inside and out, property records show.

The patio for the lakefront swimming pool runs nearly the length of the property on the west side, affording views across the waterway to West Palm Beach and downtown. The north side of the house looks across a https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/07/house-sale-tip-everglades-island-palm-beach-exceeds-32-million/758351…

1/4

6/7/2021

House sale on tip of Everglades Island in Palm Beach exceeds $32 million

lagoon to the west end of Worth Avenue, the town docks and Casa Leoni, society architect Addison Mizner's Venetian-style masterpiece.

The deed for the sale had not been recorded as of Monday morning by the Palm Beach County Clerk’s office, so the buyer’s identity wasn’t yet available in public records. It was also unclear if the price reported in the MLS would match the one to be documented at the courthouse.

‘Stunning corner lot’ The late businessman Arno Turklitz and his late wife, Gertrud — who had ties to Appensel, Switzerland — paid $3.45 million for the house in 1992 and used it for vacations. More recently, it had been used by their son, Achim Turklitz, and was owned by a Swiss entity affiliated with the family, property records show.

From the archives: Turklitz family's Regency-style house is on the market wtih distinctive waterfront vistas on Everglade Island Listing broker Christian Angle of Christian Angle Real Estate had the property priced at about $36 million when it sold. His listing for the property entered the MLS April 20. He landed it under contract about two weeks later, and the sale closed Monday.

The property had been on and off the market for about a decade, MLS records show In his listing, Angle stressed the sunset vistas and described the property as a “stunning corner lot with beautiful wide water views.”

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/07/house-sale-tip-everglades-island-palm-beach-exceeds-32-million/758351…

2/4

6/7/2021

House sale on tip of Everglades Island in Palm Beach exceeds $32 million

Family sold lot next door The Turklitz family for years owned a once-vacant lot immediately to the east of the house and bordering the canal separating Everglades Island from the Everglades Golf Course. Arno Turklitz paid $1.4 million for the empty lot of about a half-acre in 1993, using it as a lawn to protect his home’s views..

That lot at 488 Island Drive remained in the family until 2015, when it was sold for a recorded $8.37 million to Malasky Homes, which developed at house there on speculation. In 2018, that spec house sold for a recorded $21 million to businessmen and brothers Richard and Jeffrey Feinstein.

More: Palm Beach lakeside house developed on speculation sells for $21 million, deed shows At one point years ago, the Turklitz house and its then-vacant lot were marketed together at $34 million. Had one buyer bought both properties and built a single home, it could have occupied the entire northern tip of Everglades Island with about 400 feet of water frontage.

In the sale reported Monday in the MLS, agent Crista Ryan of Tina Fanjul Associates represented the as-yet-unidentified buyer.

Ryan, Angle and Turklitz couldn’t be immediately reached.

Marble finishes The house has formal exterior architecture and interiors with polished marble floors, tray ceilings and deep crown moldings, according to a 2012 https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/07/house-sale-tip-everglades-island-palm-beach-exceeds-32-million/758351…

3/4

6/7/2021

House sale on tip of Everglades Island in Palm Beach exceeds $32 million

story about the house in the Palm Beach Daily News.

In the living room, ceiling heights rise to 13 feet, and an entire wall of glass overlooks the pool and patio to capture views of the water. In the the dining room, a dome is inset into the center of the ceiling and where decorative moldings form panels on the walls. A great room with a marble mantelpiece is connected to the living room through a wide entryway.

On the west side of the house are two master suites that share a sitting room. The second master bedroom, with north views, features paneling, a tray ceiling and a bay window.

Before Arno and Getrud Turklitz bought the properties on Everglades Island, they were already Palm Beach snowbirds.

“In the 1970s, my father bought an apartment two miles south of (what is today) The Mar-a-Lago Club, and later, he bought his first home at 571 Island Drive,” Achim Turklitz said in 2012. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/07/house-sale-tip-everglades-island-palm-beach-exceeds-32-million/758351…

4/4

11/23/21, 11:04 AM

New house sells for $41 million on Billionaires Row in Palm Beach

REAL-ESTATE

New house brings $41 million on Billionaires Row in Palm Beach, MLS shows The house at 1700 S. Ocean Blvd was designed to complement the architecture of others in the 1960s neighborhood named Parc Monceau.

Darrell Hofheinz Palm Beach Daily News Published 10:48 a.m. ET Nov. 23, 2021

Updated 10:59 a.m. ET Nov. 23, 2021

A new Palm Beach seaside house — with architecture reminiscent of neighboring houses in its 1960s-era Parc Monceau neighborhood — has sold on Billionaires Row for $41 million, the price reported Tuesday in the multiple listing service.

Completed this year, the house at 1700 S. Ocean Blvd. was built by Manalapan residents Jagbir and Sarla Singh, who owned it through a Florida limited liability company, Ocean Villa Holdings LLC, property records show.

The sale closed Monday, the MLS shows. But the deed for the transaction was still working its way through the recording process Tuesday, so the buyer hadn’t yet been identified in public records. It’s also unclear if the price reported in the MLS will match the one to be recorded by the Palm Beach County Clerk’s office.

The Singhs commissioned Palm Beach architect Jacqueline Albarran to design the house to complement the Palm Beach Regency-style architecture in the enclave developed in the 1960s by the late builder Clarence Mack. Six of his seven original houses still stand.

The ocean-to-lake cul-de-sac lies a little more than a mile south of former President Trump’s Mar-a-Lago Club.

The house that just changed hands is the third in the neighborhood to sell this year. In October, one of the three lakeside houses sold for $10.15 million. And in March, the house immediately west of the one sold by the Singhs changed hands for $7.5 million.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/23/new-house-sells-41-million-billionaires-row-palm-beach/8717080002/

1/4

11/23/21, 11:04 AM

New house sells for $41 million on Billionaires Row in Palm Beach

In the neighborhood: Tennessee businessman, wife pay $10.15M for lakefront house in Parc Monceau enclave The house the Singhs just sold replaced one that had been owned for many years by the late animal rights activist Gertrude Maxwell Hurwitz, who died in 2011 at 99. The Singhs’ ownership entity bought that Palm Beach Regency-style house for a recorded $4 million in 2014 and intended to remodel it, Jagbir Singh previously told the Palm Beach Daily News.

But once plans for the remodeling project were underway, the house’s deteriorated condition became apparent.

“Unfortunately, we found that it was not salvageable. It was not structurally sound at all,” Singh told the newspaper.

The tri-level house the Singhs ended up building has six bedrooms and 10,586 square feet of living space, inside and out. About a half-mile north of Sloans Curve, the property measures six-tenths of an acre, including the beach parcel with about 115 feet of shoreline across South Ocean Boulevard. The house stands on the stretch of coastal road known to locals as Billionaires Row.

House was priced, furnished, at $41.9 million Listing agent Shelly Newman of William Raveis South Florida had the house priced at $41.9 million, which included the furniture. She declined to comment, and her clients couldn’t be immediately reached.

Broker Christian Angle of Christian Angle Real Estate handled the buyer’s side of the deal, the MLS shows. He could not be reached, and it’s unclear if any of the furnishings changed hands in the the transaction.

Read more about 1700 S. Ocean Blvd.: New house with classic details priced at $41.9M Albarran, of SKA Architect + Planner, designed the house’s exterior with elements common to Mack’s signature architectural style — a flat roof, a symmetrical facade and classical architectural details that include a balcony with bulbous balustrades beneath a triangular pediment.

The house stands on the northeast corner of its lakeside cul-de-sac, which also is named Parc Monceau. The floorplan takes advantage of the sloped lot, which descends from the coastal road to the west, allowing for a basement that can't be seen from the ocean side. https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/23/new-house-sells-41-million-billionaires-row-palm-beach/8717080002/

2/4

11/23/21, 11:04 AM

New house sells for $41 million on Billionaires Row in Palm Beach

With an oceanside saltwater pool, the grounds were designed Lynn Bender Landscape Architect. Mark Timothy Inc., the contractor for the house, built it of reinforced concrete. Marc-Michaels Design Group designed the interiors.

Jagbir Singh founded SUJANI Enterprises Inc., a global distributor of electrical steel. With engineering degrees from the Indian Institute of Technology and a master's degree from the New Jersey Institute of Technology, he also leads multiple international design and construction projects.

The Singhs moved to South Florida in 2011 from Bernardsville, New Jersey.

The ground floor includes a study, living room and family room — all with French doors opening to the oceanview loggia— along with a guest-bedroom suite, the kitchen, dining room and two-cargarage. Upstairs are four guest suites and the master bedroom, which has an oceanview balcony and a sitting room.

The lowest level features a wine room, a bar, a gym and a billiard room with a lounge and club room.

Other sales on the street this year The renovated house that sold last month at 124 Parc Monceau had been owned since 2016 by interior designer Donna Ward. She sold it to Nashville-based entrepreneur Paul Gravette and his wife, Leigh Ann. In that sale, listing broker Lawrence Moens of Lawrence A. Moens Associates negotiated opposite agent Samantha Curry of Douglas Elliman Real Estate.

The house at 115 Parc Monceau — next door to the west of the one built by the Singhs — sold for a recorded $7.5 million in late March. Judith Carter, a director of Anchor Properties of Vero Beach Inc., sold No. 115 to a New York entity managed by Dr. Norman Rowe, a New York City plastic surgeon married to Mia Scher Rowe. Agents Toni Hollis and Gloria Moré of Waterfront Properties & Club Communities represented the seller, according to the MLS. The buyers, who were represented by agent Jonathan Santiago of Compass Florida, have since renovated the property, records show. * This is a developing story. Check back for updates. * https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/23/new-house-sells-41-million-billionaires-row-palm-beach/8717080002/

3/4

3/8/2021

New house linked to Dr. Oz’s family brings $21.75M in Palm Beach

REAL-ESTATE

New house linked to Dr. Oz’s family fetches $21.75 million, MLS says The house at 624 Island Drive on Everglades island was developed by a company linked to the Dr. Oz's father-in-law, Dr. Gerald Lemole Sr. Darrell Hofheinz Palm Beach Daily News Published 2:09 p.m. ET Mar. 8, 2021

Updated 3:14 p.m. ET Mar. 8, 2021

A just-completed house with Moorish-style architecture has sold on Palm Beach’s Everglades Island for $21.75 million, according to a sales listing updated Monday in the local multiple listing service.

The lakefront house at 624 Island Drive was developed by a company managed by Palm Beach resident Dr. Gerald M. Lemole Sr., father-in-law of Dr. Mehmet Oz of "The Dr. Oz Show." Lemole and his wife, Emily Jane Asplundh Lemole, are the parents of Lisa Oz, Dr. Oz’s wife. The Ozes have a landmarked house in Palm Beach.

The house that just sold stands three lots south off the Island Road bridge that connects Everglades Island to the rest of Palm Beach. On a half-acre lot, the rear of the house faces 105 feet of waterfront with views of the Everglades Golf Course, Tarpon Island and, in the distance, the Estate Section. https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/08/new-house-linked-dr-ozs-family-brings-21-75-m-palm-beach/4630398001/

1/4

3/8/2021

New house linked to Dr. Oz’s family brings $21.75M in Palm Beach

The seven-bedroom house has about 8,000 square feet of living space, inside and out, of which 7,154 square feet is air-conditioned, according to town records and the MLS. The deed had not been recorded as of early Monday afternoon, so the buyer’s identity isn’t yet known. It’s also unclear if the price to be recorded at the courthouse will match the one reported in the MLS. The company that developed and apparently sold the house has a name as nearly as fanciful as the Moroccan-influenced architecture — Five Girls Rule LLC. More: Dr. Oz’s father-in-law part of $8 million deal on Everglades Island The house was designed by architect Harold Smith of Smith and Moore Architects in West Palm Beach. It features two courtyards and exotic architectural elements, including a dome that crowns the two-story frontispiece at the entry.

Loggias and windows feature characteristic ogee-shaped arches. There also are intricately carved wood panels, Moroccan-style screened balconies and a pair of dome-capped chimneys. A walled garden by the lakeside pool and cabana at the rear of the house is part of Nievera Williams Design's landscape plan.

Listing broker Christian Angle of Christian Angle Real Estate had the house priced at $23.9 million. His listing went active in early December, and the property landed under contract Feb. 23, the MLS shows. Angle’s sales description nodded at the home’s exotic architecture and courtyard design, describing the property as “a private oasis.” https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/08/new-house-linked-dr-ozs-family-brings-21-75-m-palm-beach/4630398001/

2/4

3/8/2021

New house linked to Dr. Oz’s family brings $21.75M in Palm Beach

Agent Kyle H. Khariman of Brown Harris Stevens acted on behalf of the buyer, according to the MLS. More: Moroccan-inspired house designed for Palm Beach lot earns approval, praise When the Architectural Commission reviewed the design of the house in 2018, then-Chairman Bob Vila was enthusiastic about the design.

“The detailing and the concept, I think, is superlative,” said Vila, who lives on the same street.

The Moorish style is not common in Palm Beach, but examples exist, including three buildings designed in the 1920s by Broadway set designer Joseph Urban — the Paramount movie house that later became a retailand-office building; the Bath & Tennis Club; and former President Donald Trump's Mar-a-Lago. There also are several smaller Moorishstyle homes in Midtown and on the near North End. At the house on Island Drive, interior details include a formal entrance hall with a curved staircase detailed by a wrought-iron banister. A library finished in pecky cypress has a fireplace and wet bar. The great room also has a fireplace and, like the family room, overlooks the lakefront.

The house’s finishes include “intricate millwork ceilings, elegantly carved stone mantels and spectacular Moroccan detailing,” Angle’s listing says.

Lemole’s company bought the land vacant in April 2018 for a recorded $8.36 million from a company associated with Kenco Communities of Boca Raton.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/08/new-house-linked-dr-ozs-family-brings-21-75-m-palm-beach/4630398001/

3/4

3/8/2021

New house linked to Dr. Oz’s family brings $21.75M in Palm Beach

Lemole spent 20 years as chief of cardiovascular surgery at Christiana Care Health Services in Wilmington, Del. He later was medical director for that company's Preventive Medicine and Rehabilitation Institute and Center for Integrative Health. He is listed in business and property records with addresses in Huntington Valley, Pa. Emily Lemole has served as a commissioner of Lower Moreland Township in Pennsylvania. She also is part of the family that owns the Asplundh tree-trimming empire. Her father, the late Carl Hj. Asplundh, co-founded the Asplundh Tree Expert Co. in Willow Grove, Pa. Members of the Asplundh family have bought and sold a number of properties in Palm Beach, according to courthouse records. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/08/new-house-linked-dr-ozs-family-brings-21-75-m-palm-beach/4630398001/

4/4

2/10/2021

Palm Beach lakeside home with landmarked element brings reported $31M

REAL-ESTATE

Lakefront house with landmarked element brings $31M, MLS shows Darrell Hofheinz Palm Beach Daily News Published 10:16 a.m. ET Feb. 10, 2021

Updated 10:30 a.m. ET Feb. 10, 2021

A Palm Beach lakefront estate with a landmarked carriage house at 790 S. County Road has changed hands for $30.985 million, the sale price reported Wednesday in the local multiple listing service.

The seven-bedroom house was owned by Cobey W. Rapaport, who bought it 24 years ago with her late husband, real estate developer Robert D. Rapaport. He died in January 2017 at 80.

The residence has more than 17,000 square feet of living space, inside and out, according to courthouse records. The residence and carriage house stand on an acre with 146 feet of lake frontage and a dock. The property is a little less than a mile south of Worth Avenue. >>More: Read more Palm Beach real estate news The deed was still making it way through the recording process Wednesday morning, so the buyer and the price to be documented by the Palm Beach County Clerk’s office are not yet known. https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/10/palm-beach-lakeside-home-landmarked-element-brings-reported-31-m/4…

1/3

2/10/2021

Palm Beach lakeside home with landmarked element brings reported $31M

The house was built in 1991 but its carriage house, which faces the street, was designed in 1934 by Fatio & Trainor, the firm of noted society architect Maurice Fatio. With an archway leading into an expansive motor court, the carriage house originally served Palmeiral, the landmarked Fatio-designed estate directly across the street at 801 N. County Road.

The landmark protection effectively applies to “a facade plus front yard designation,” according to town records.

Broker Christian Angle of Christian Angle Real Estate had the listing for the house, which Rapaport had homesteaded in the latest tax rolls. Her late husband's development projects included the South Florida retirement communities Century Village and Kings Point.

Agent Ann Summers of Brown Harris Stevens handled the buyer’s side of the transaction, according to the MLS. >>More: Steve Wynn’s $43M estate buy leaves handful of listings above $30 million in Palm Beach The house had been on the market since July 2019, MLS records show. It was initially priced at $37.5 million, but the price had dropped by $1 million by the time the sale closed Monday, the MLS shows.

The house was designed by architect Jeffery Smith, principal of Smith Architectural Group, who also restored the carriage house. The Rapaports carried out renovations after they bought the property for $4.1 million in January 1997.

Angle’s sales listing says the home’s interiors feature “gorgeous architectural detailing” — coffered ceilings, columns and detailed plaster https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/10/palm-beach-lakeside-home-landmarked-element-brings-reported-31-m/4… 2/3

2/10/2021

Palm Beach lakeside home with landmarked element brings reported $31M

moldings. The layout includes a spiral staircase with a wrought-iron banister, a generously proportioned reception room with 20-foot ceilings and a dining room that seats 30. The living room, meanwhile, stretches about 60 feet in length.

Other details include a library, a gym, a breakfast room with a built-in grill, a waterfront loggia and a four-car garage. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/10/palm-beach-lakeside-home-landmarked-element-brings-reported-31-m/4…

3/3

6/7/2021

Lakefront house on Dunbar Road brings $21 million in Palm Beach: MLS

REAL-ESTATE

Lakefront house on Dunbar Road brings $21M in Palm Beach: MLS The house was sold by Donald R. Dizney and his wife, Irene, who built it as a custom home in 2006.

Darrell Hofheinz Palm Beach Daily News Published 5:26 p.m. ET Jun. 1, 2021

Updated 5:33 p.m. ET Jun. 1, 2021

Health-care entrepreneur and real estate investor Donald R. Dizney and his wife, Irene, have sold — for a reported $21 million — the Mediterranean-style custom home they built on a lakefront lot in Palm Beach’s North End. The sale price of 313 Dunbar Road was reported Monday in the Palm Beach Board of Realtors Multiple Listing service. No deed had been recorded Monday by the Palm Beach County Clerk’s office, so the buyer’s identity wasn’t available in public records. It was also unclear if the price reported in the MLS will match the one to be recorded at the courthouse.

The Dizneys paid $3.94 milllion for the property since 2003 and completed their home in 2006, property records show. The house has three bedrooms and 6,175 square feet of living space, inside and out.

With nearly 100 feet of lakefront, the lot measures about a third of an acre on the north side of Dunbar Road. The house is a little more than a https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/01/lakefront-house-dunbar-road-brings-21-million-palm-beach-mls/74936640…

1/3

6/7/2021

Lakefront house on Dunbar Road brings $21 million in Palm Beach: MLS

half-mile north of Royal Poinciana Way. Heard the latest? Read the latest Palm Beach real estate news Broker Christian Angle of Christian Angle Real Estate handled both sides of the sale, according to the MLS. He couldn’t be reached for comment Angle listed the house in December 2019, initially at $22.5 million and later dropped the price to $21.5 million. He landed the property under contract April 12, and the sale closed Monday, the MLS shows.

Angle’s sales listing described the house as having high ceilings, fine finishes and an expansive “owner’s suite,” along with a “welcoming columned courtyard ideal for entertaining.” Other outdoor amenities include a lakeside pool, a putting green and a concrete dock.

More: Seaside condo in two-unit Las Ventanas building sells for $10.495 million Donald Dizney founded Windermere-based United Medical Corp., a privately-held organization with a portfolio of healthcare-related businesses. He has served on the Breeders’ Cup board of directors and also owns Double Diamond Farm, a thoroughbred facility in Ocala.

The Dizneys also have invested in a number of Palm Beach properties, courthouse records show.

Donald Dizney’s projects include developing Las Ventanas, a two-unit seaside condominium at the corner of South Ocean Boulevard and Gulfstream Road. Luxury homebuilder and developer Ed https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/01/lakefront-house-dunbar-road-brings-21-million-palm-beach-mls/74936640…

2/3

6/7/2021

Lakefront house on Dunbar Road brings $21 million in Palm Beach: MLS

Cury of Cury Groupbuilt Las Ventanas as well as the house the Dizneys just sold. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/01/lakefront-house-dunbar-road-brings-21-million-palm-beach-mls/74936640…

3/3

12/2/21, 3:53 PM

House completed this year sells for nearly $27M in Palm Beach

REAL-ESTATE

House finished this year brings $26.75 million in Palm Beach’s Estate Section, MLS shows Toronto residents Adrian Tauro and his wife, Sloan Mauran, built the French Regencystyle house at 95 Middle Road.

Darrell Hofheinz Palm Beach Daily News Published 11:40 a.m. ET Dec. 2, 2021

Updated 11:45 a.m. ET Dec. 2, 2021

A Palm Beach house completed this year in the Estate Section’s newest subdivision has sold for $26.75 million, the price reported Thursday in the multiple listing service.

Toronto residents Adrian Tauro, a banker and real estate investor, and his interior designer wife, Sloan Mauran, built the four-bedroom house at 95 Middle Road, one lot west of the beach. The couple has built, renovated and sold several homes in Palm Beach, courthouse records show. Tauro owned the house in his name, courthouse records show.

The deed for the transaction was still in the recording process Thursday, so the buyer has not yet been identified in public records. It’s also unclear if the price reported in the MLS will match the one to be recorded by the Palm Beach County Clerk’s office.

The French Regency-style house built has 8,385 square feet of living space, inside and out. It stands on a lot measuring a little less than a half-acre at the southern terminus of Middle Road.

The house is the only one to be completed in the six-lot subdivision platted by Palm Beach real estate developer and British insurance tycoon Sir Peter Wood on the cul-de-sac about a half-mile south of Worth Avenue.

All of the lots in the enclave have been sold, and the town has approved plans for two other other houses in the subdivision.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/house-completed-year-sells-nearly-27-m-palm-beach/8794752002/

1/4

12/2/21, 3:53 PM

House completed this year sells for nearly $27M in Palm Beach

The house that just sold was designed by Coral Gables architect Rafael Portuondo. Among its features is a front courtyard bordered on one side by the three-car garage and on the other by an open-air garden room topped by a trellis. A window in the garden room overlooks the front lawn.

Agent Suzanne Frisbie of the Corcoran Group held the $28.75-million listing for the property. She had priced it unfurnished, although the furniture was available through separate negotiations, Mauran told the Palm Beach Daily News earlier this year.

Broker Christian Angle of Christian Angle Real Estate handled the buyer’s side, the updated MLS listing shows.

Neither agent could be reached immediately.

Read more about the house that sold: New house on Middle Road has elegant yet casual vibe Tauro bought the lot from Wood’s ownership company for a recorded $7.35 million in May 2018, courthouse records show.

Tauro's career included tenure as a senior financial adviser with a private client group affiliated with Scotiabank of Canada.

Mauran, who runs an eponymous design firm in Toronto, decorated the house on Middle Road. She also has worked frequently with JF Brennan Design of Toronto and Palm Beach.

The layout includes a foyer and stair hall that leads directly to a great room, which in turn unfolds to a poolside loggia. In the garage wing are the dining room, kitchen and family room.

All the main rooms on the first floor open to the backyard gardens and pool area, which features a summer kitchen, a dining patio and an infinity-edge pool set flush into the lawn.

“The (rear) loggia is just for (lounge) seating, and the dining (patio) is in a self-contained space for dinner parties,” Mauran previously told the Daily News. “In a few years, the trees will grow up around it and create a canopy.”

Upstairs a two bedrooms and the master suite, which includes a sitting area with a pool-view balcony and marble-appointed bathrooms.

Heard the latest? Read more Palm Beach real estate news

https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/house-completed-year-sells-nearly-27-m-palm-beach/8794752002/

2/4

12/2/21, 3:53 PM

House completed this year sells for nearly $27M in Palm Beach

Portuondo, a principal with Portuondo Perotti Architects, worked closely with landscape designer Keith Williams of Nievera Williams Design on the project, Portuondo said previously. Wildes Builders was the contractor.

The Architectural Commission unanimously approved the design of the house in August 2018 after its initial review.

“You designed a very special house that exudes charm and beauty,” then-Vice Chairman Michael Small, who is today chairman of the architectural panel, told the design team.

Unanimous thumbs-up: Palm Beach board OKs first house for new subdivision in Estate Section at 95 Middle Road The house features a breakfast area and butler’s pantry near the Downsview kitchen, which has marble backsplashes and and a La Cornue stove, Mauran said.

“I can barely make toast, but Adrian loves to cook,” Mauran previously told the Daily News. “He has a chef's kitchen with all the bells and whistles. I think of the aesthetics, he thinks of the food.”

The dining room has a bar that conceals wine storage.

Wood paid a recorded $39 million for the subdivision’s 4.2-acres in April 2016. In all, Wood's sales there totaled about $60.75 million, courthouse records show. The sales include a 2018 deal in which Wood sold, for $18.25 million, a landmarked oceanfront house that was part of Kluge's estate.

Palm Beach properties bought and sold by Tauro include a house at 449 Australian Ave. He sold that Midtown property in March 2020 for $5.81 million to a trust controlled by Dallasbased real estate investors Bennie M. and Stephanie Chantillis Bray. Angle acted on Tauro’s behalf in that sale opposite Frisbie. Tauro bought that house in early 2018 for a recorded $5.375 million from its developer, Corcoran Group agent Richard True, who was represented

by Corcoran agent Bill Yahn.

In January 2018, Tauro sold, for $11.5 million, a custom home he and his wife completed in 2016 at 151 Chilean Ave. The buyers in that deal were David “Duke” K. Reyes, of the Chicago beer-distributing family, and his wife, Pamela A. Perri. The old Fite Group, which is today William Raveis South Florida, handled both sides of the sale, with agent Robin Donnelly, today of Sotheby’s International Realty, acting for the buyers opposite agent Chris Deitz, who recently affiliated with Compass Florida. https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/house-completed-year-sells-nearly-27-m-palm-beach/8794752002/

3/4

12/2/21, 3:53 PM

House completed this year sells for nearly $27M in Palm Beach

And in early 2014, Tauro sold, for a recorded $5.2 million, a 1980s house the couple had extensively renovated at 402 Primavera Ave. In Midtown. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/house-completed-year-sells-nearly-27-m-palm-beach/8794752002/

4/4

6/7/2021

Beauty maven Adrien Arpel’s lakeside house tops $25 million in Palm Beach

REAL-ESTATE

Beauty maven Adrien Arpel sells Palm Beach lakeside house for $25.38 million: MLS HSN star sells 1020 N. Lake Way, which she owned under her married name, Adrienne Newman.

Darrell Hofheinz Palm Beach Daily News Published 2:55 p.m. ET Jun. 4, 2021

Updated 5:15 p.m. ET Jun. 4, 2021

Beauty entrepreneur and home-shopping television star Adrien Arpel has sold her lakefront house on Palm Beach’s North End for $25.375 million, the price reported this week in the multiple listing service.

She owned the four-bedroom house at 1020 N. Lake Way — on a lot of nearly a half-acre — under her married name, Adrienne Newman, courthouse records show. She paid $5.2 million for the property in 2001 when she was married to her late husband, Ronald Monroe Newman, records show.

The sale closed Tuesday, the MLS shows, but the deed was still working its way through the recording process Friday, so the buyer’s identity isn’t yet known. It’s also unclear if the price reported in the MLS will match the one to be documented by the Palm Beach County Clerk’s office.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/04/beauty-maven-adrien-arpels-lakeside-house-tops-25-million-palm-beach/…

1/4

6/7/2021

Beauty maven Adrien Arpel’s lakeside house tops $25 million in Palm Beach

With about 7,600 square feet, the house looks out to 105 feet of waterfront and a dock. The property is at the intersection of North Lake Way and Garden Road, six streets north of Palm Beach Country Club.

The two-story residence was completed in 1998, according to property records. The house has French-influenced architecture with a Mansardstyle roof and a brick motor court fronting the attached two-car garage.

The layout includes a one-bedroom staff apartment with a separate entrance.

Interior amenities include a fireplace, a formal dining room, a wet bar and floors covered in hardwood and parquet, according to the sales listing.

Arpel isn’t leaving Palm Beach. In March 2020, she paid a recorded $9.41 million for an oceanfront condominium with a poolside cabana at the Leverett House, 110 Sunset Ave., property records show.

More: Seaside condo brings $9.41 million; sellers built new home

Beauty, jewelry products Broker Lawrence Moens of Lawrence A. Moens Associates listed the North Lake Way house at $26.85 million just before Christmas and landed it under contract in early February with an extended closing date, according to the local multiple listing service.

Broker Christian Angle of Christian Angle Real Estate brought the buyer to the deal, according to the MLS. Angle, Moens and Arpel couldn’t be reached. https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/04/beauty-maven-adrien-arpels-lakeside-house-tops-25-million-palm-beach/…

2/4

6/7/2021

Beauty maven Adrien Arpel’s lakeside house tops $25 million in Palm Beach

A New Jersey native with ties to New York, Arpel entered the beauty industry as a teenager more than 50 years ago, according to published biographical sketches. She developed her own line of makeup under the brand Adrien Arpel, a name she devised, and sold it in department stores.

In 1992, she became a popular vendor on the HSN shopping network, where her beauty and jewelry lines are marketed under the name Signature Club A by Adrienne. She has written several books on beauty topics.

Heard the latest? Read more Palm Beach real estate news

Condo purchase Arpel bought the house on North Lake Way from businessman Sidney Kimmel, who co-founded the Jones New York apparel empire. She had the house homesteaded in the 2020 tax rolls, records show.

Her husband died in 2015 at 84.

She bought her Leverett House condo — under her married name — from Investment banker Jack Levy and his wife, Frances, who recently built a lakeside custom home at 430 N. Lake Way. Agent Cristina Condon of Sotheby's International Realty handled the buyer's side of the condo sale opposite listing agent Suzanne Frisbie of Premier Estate Properties, according to MLS records. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/04/beauty-maven-adrien-arpels-lakeside-house-tops-25-million-palm-beach/…

3/4

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

REAL-ESTATE

Manalapan sea-to-lake estate brings $25.75 million, deed shows Music amplifier entrepreneur Hartley D. Peavey, founder of Peavey Electronics Corp., and wife sell their home on more than an acre to a hedge fund executive.

Darrell Hofheinz Palm Beach Daily News Published 8:18 a.m. ET Aug. 7, 2021

Updated 8:43 a.m. ET Aug. 9, 2021

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523…

1/4

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

A financier is on the buyer’s side of a sale just recorded at $25.75 million for an ocean-to-lake estate in Manalapan, which was sold by music equipment manufacturer Hartley D. Peavey and his A financier was on the buyer’s side of sale recorded at $25.75 million for an ocean-to-lake estate in Manalapan, which was sold by music equipment manufacturer Hartley D. Peavey and wife, Mary.

The off-market sale of 1200 S. Ocean Blvd. marks the latest of several deals this year that have topped $20 million in Manalapan, the wealthy town south of Palm Beach.

The buyer was a Florida limited liability company named after the property’s address and managed by Nobel and Ruchi J. Gulati, who recently bought a waterfront house in Jupiter, courthouse and business records show.

Nobel Gulati is the former CEO of Two Sigma Advisors, a New York Citybased hedge fund, where his duties included overseeing assetmanagement divisions aimed at institutional investors, according to published reports.

On the sellers’ side, the Peaveys acted as trustees of a trust in Mary Peavey’s name, according to the deed recorded on Aug. 6. Hartley Peavey also signed the deed individually. Records show he had been associated with the ownership of the property since 1989.

Dock, tennis court among the amenities Built in 1997, the two-story house presides over 1½ acres and has 27,017 square feet of living space, inside and out, according to property records. The estate has about 150 feet of ocean frontage and the same amount of waterfront on its lake parcel west of the coastal road.3

8/9/2021

Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows

Heard the latest? Read more Palm Beach real estate news With longtime ties to Mississippi, Hartley Peavey in 1965 founded Peavey Peavey Electronics Corp., which is described on its website as among the world’s largest makers and suppliers of musical instruments, amplifiers and professional audio systems. He is CEO and his wife is president of the firm, headquartered in Meridian, Mississippi.

The estate the Peaveys just sold lies about a mile south of the Ocean Avenue bridge to Lake Worth. The property includes a dock in the Intracoastal Waterway, a tennis court and an oceanfront swimming pool with a whirlpool spa.

Broker Christian Angle of Christian Angle Real Estate confirmed he handled both sides of the Manalapan sale but declined further comment.

The Peaveys had the estate homesteaded in the latest Palm Beach County tax rolls.

More: Manalapan estate with oceanside mansion goes for $28 million: deed In March, the Gulatis paid a recorded $8.6 million for their Jupiter house on Quayside Drive, according to records kept by the county clerk’s office. That house has five bedrooms and 11,300 total square feet on a half-acre lot, records show.

In the Jupiter transaction, agent Robert Thomson of Waterfront Property & Club Communities acted for the sellers, Gerald and Eugenia Mercadante, according to records in the multiple listing service. The Gulatis were represented in the Jupiter sale by agents Seth Benkaddour and Nadine Fite of William Raveis South Florida. https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523… 3/4

12/28/21, 11:24 AM

Sale of estate tops $26 million in Manalapan, south of Palm Beach

REAL-ESTATE

Stretching from lake to sea, Manalapan estate sells for $26.25 million, MLS reports Darrell Hofheinz Palm Beach Daily News Published 6:01 a.m. ET Dec. 28, 2021

Updated 9:29 a.m. ET Dec. 28, 2021

A custom home that had been in the Orleans family since it was built in 1983 has sold in Manalapan near Palm Beach for $26.25 million, the sales price reported in the multiple listing service.

The ocean-to-lake estate at 1300 S. Ocean Blvd. was listed for sale in late October, about seven weeks after the Sept. 9 death of Selma H. Orleans. She built the contemporary-style house with her late husband, South Florida developer Marvin Orleans. He died in 1986 at 67, records show.

A deed for the sale had not been recorded as of late Monday afternoon, so the buyer’s identity wasn’t yet available in public records. It was also unclear if the sales price reported in the MLS would match the one to be recorded by the Palm Beach County Clerk’s office.

Big deal: Estate sale of $89.93 million is second-highest ever recorded in Manalapan The five-bedroom house hugs the oceanfront, leaving most of the 1.35 acre lot vacant. The wedge-shaped property has about 160 feet of beachfront and about 200 feet of frontage on the Intracoastal Waterway. With a dock, the narrow lakefront parcel is separated from the rest of the estate by South Ocean Boulevard.

The two-story house has 8,716 square feet of living space, inside and out, property records show. The pool area is on the east side of the house, where large windows and a second-floor terrace look out to the sea.

The property lies about 2½ miles south of the Eau Palm Beach Resort and Spa. With deep residential ties to the Philadelphia area, the Orleanses paid $400,000 for the property in 1978, according to property records. Selma Orleans had the estate homesteaded https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/28/sale-estate-tops-26-million-manalapan-south-palm-beach/9028097002/

1/3

12/28/21, 11:24 AM

Sale of estate tops $26 million in Manalapan, south of Palm Beach

as her primary home in the latest tax rolls.

Broker Christian Angle of Christian Angle Real Estate had the property listed for sale at $27.95 million.

Angle negotiated opposite broker Lawrence Moens of Lawrence A. Moens Associates, according to the MLS listing, which shows the sale closed Dec. 22.

Neither broker could be reached for comment.

Like all Manalapan properties, the property was sold with a gratis membership to the La Coquille Club, part of the Eau Palm Beach Resort & Spa. Sold in Manalapan: Ocean-to-lake estate fetches $18 million south of Palm Beach Marvin Orleans developed a number of residential communities in South Florida through his company, FPA Corp., according to his obituary. Through his company’s forerunner, he developed World of Palm Aire in Pompano Beach in Broward County.

His later projects included The Gardens at Palm Aire and developments in Boca Raton, including Bocaire Country Club and the Boca Golf and Tennis Club, often referred to today as the Boca Country Club. Among his other projects were residential developments in Delray Beach, Sarasota, western Martin County and Oakland Park in Broward County.

Via a 2012 deed, Selma Orleans transferred ownership of the Manalapan estate to two trusts with names that reference the couple’s children – Jeffrey P. Orleans and Patricia Orleans Siegel. The trust in Jeffrey Orleans’ name held a 45 percent interest in the property, and the one in Patricia Siegel’s name had a 55 percent interest in the property, the 2012 deed shows.

Manalapan has seen more than its usual share of properties change hands for prices topping $15 million this year. Last week, a house sold for $19 million at 1880 S. Ocean Blvd., the third property to sell in the 1800 block this year, according to records in the MLS and at the Palm Beach County Courthouse.

Another Manalapan sale: Sold for $19M, estate is third to sell in same block this year, MLS shows Demand for homes and vacant lots in the town has escalated over the past 18 months.

Affluent buyers have swamped the market looking for havens to weather the coronavirus pandemic, often drawn by Florida’s favorable tax climate, real estate observers say. Some of those buyers initially shopped for properties in Palm Beach but came up emptyhttps://www.palmbeachdailynews.com/story/business/real-estate/2021/12/28/sale-estate-tops-26-million-manalapan-south-palm-beach/9028097002/

2/3

12/28/21, 11:24 AM

Sale of estate tops $26 million in Manalapan, south of Palm Beach

handed and instead headed south to Manalapan, where the majority of properties are oceanto-lake estates.

Earlier this month in Manalpan, an ocean-to-lake estate at 1020 S. Ocean Blvd. sold for a recorded at a $89.93 million. It was the second most expensive residential transaction ever documented in the town Last spring, members of the billionaire Ziff family sold, for a recorded $94.37 million, their massive estate and part of a nearby island near the Boynton Beach Inlet. That transaction, for an ocean to lake property of about 15 acres, set a new record for a Manalapan a sale. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/28/sale-estate-tops-26-million-manalapan-south-palm-beach/9028097002/

3/3

8/11/2021

Billionaire’s daughter sells Palm Beach house for $13 million: MLS

REAL-ESTATE

Palm Beach house owned by billionaire’s daughter sells for $13 million: MLS Holly Bartlett, whose father is billionaire Charles B. Johnson of Franklin Templeton, had owned the house at 325 Garden Road since late 2015.

Darrell Hofheinz Palm Beach Daily News Published 3:08 p.m. ET Aug. 11, 2021

A house owned since 2015 by Holly Bartlett, daughter of Palm Beach billionaire investor Charles B. Johnson, has changed hands on the North End for a reported $13.03 million, according to courthouse records and an updated sales listing.

Bartlett paid a recorded $7 million for the four-bedroom, contemporarystyle house at 325 Garden Road in late 2015, the same year the residence was completed, property records show. It was her primary home, property records show.

The house has 5,525 square feet of living space, inside and out, and stands on a lot measuring about a third of an acre, several blocks north of the Palm Beach Country Club.

The deed was still working its way through the recording process Wednesday, so the buyer had not been identified. It’s also unclear if the https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/

1/4

8/11/2021

Billionaire’s daughter sells Palm Beach house for $13 million: MLS

price reported in the multiple listing service will match the one to be documented at the Palm Beach County courthouse.

Bartlett previously has served as trustee of a trust that bought at least two Palm Beach properties with links to San Mateo, Californiabased Franklin Resources and Franklin Templeton Investments, the company her father ran for years as chairman and CEO. Johnson, who also is the principal owner of the San Francisco Giants baseball franchise, has a net worth estimated by Forbes.com at $5.6 billion.

Johnson and Bartlett’s mother, Dr. Ann L. Johnson, have resided for more than two decades in a house on Everglades Island in Palm Beach.

The Johnsons’ house, which they have homesteaded in the latest tax rolls, is just down just down the street from one that Bartlett’s trust bought in March for a recorded $21.75 million at 624 Island Drive. The latter house was developed by a company managed by Palm Beach resident Dr. Gerald M. Lemole Sr., father-in-law of Dr. Mehmet Oz of “The Dr. Oz Show.” Lemole and his wife, Emily Jane Asplundh Lemole, are the parents of Lisa Oz, Dr. Oz's wife. The Ozes have a landmarked house in Palm Beach.

Related sale: Billionaire Charles Johnson linked to $21.75M buy of house built by Dr. Oz’s family In 2013, Bartlett and her trust paid a recorded at $42 million for a neverlived-in Palm Beach lakefront mansion at 1220 S. Ocean Blvd., just south of former President Trump’s Mar-a-Lago Club.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/

2/4

8/11/2021

Billionaire’s daughter sells Palm Beach house for $13 million: MLS

House was listed in April at $16 million Bartlett had the Garden Road homesteaded.

Broker Christian Angle of Christian Angle Real Estate represented the buyer, according to the MLS listing updated Wednesday.

Agents Liza Pulitzer and Whitney McGurk of Brown Harris Stevens handled the seller’s side. Pulitzer and McGurk had listed the house for sale at $16 million in April, the MLS records show.

Pulitzer also represented Bartlett when she bought the house in 2015 opposite agent Jim McCann, then of the Corcoran Group but today with Premier Estate Properties.

The house on Garden Road was developed Palm Beach real estate investor David Lambert and designed by Jupiter architect Thomas Kirchoff, who this year took a seat on the Palm Beach Architectural Commission. The contractor was Davis General Contracting.

The L-shaped floor plan wraps around a south-facing swimming pool in the front courtyard. The grounds were designed by Nievera Williams Design.

The sales listing describes the house’s “soaring ceilings” and “open floorplan for easy entertaining.” The house has high-end lighting and audio systems and a well-equipped kitchen with honed-marble counters and backsplashes covered in Moroccan mosaic clay tiles.

In this year’s sale across town at 624 Island Drive, Bartlett’s trust was represented by agent Kyle H. Kahriman of Brown Harris Stevens. Angle had the listing for the developer, Five Girls Rule LLC. https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/

3/4

8/11/2021

Billionaire’s daughter sells Palm Beach house for $13 million: MLS

The 2013 sale at 1220 S. Ocean Blvd. set what was then a Palm Beach price record for a lakefront house on a South End lot without ocean frontage. Agent Stephen Ploof of Linda A. Gary Real Estate acted on behalf of Bartlett’s trust, with McCann representing the mansion's developer, Dan Swanson's Addison Development Group. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist. You can reach him at dhofheinz@pbdailynews.com. Help support our journalism. Subscribe today. @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/

4/4

2/24/2021

Breakers Row oceanview condo fetches $7 million in Palm Beach

REAL-ESTATE

Breakers Row oceanview condo fetches $7M in Palm Beach Unit N41 was longtime home of late journalist Helen B. Bernstein-Fealy.

Darrell Hofheinz Palm Beach Daily News Published 8:01 a.m. ET Feb. 24, 2021

Updated 8:45 a.m. ET Feb. 24, 2021

The three-bedroom condominium at 2 N. Breakers Row that was home to the late Palm Beach Daily News columnist Helen B. Bernstein-Fealy has sold for a recorded $7.05 million in Palm Beach.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/24/breakers-row-oceanview-condo-fetches-7-million-palm-beach/4560793001/

1/3

2/24/2021

Breakers Row oceanview condo fetches $7 million in Palm Beach

Daniel P. Carbonneau bought the oceanview apartment, No. N41 and a cabana, as trustee of the North Breakers Realty Trust, a Florida land trust, according to the deed recorded Feb. 18. A man by that name is a partner at Castle Rock Advisors, a wealth-advisement family office affiliated with private equity firm Berkshire Partners in Boston, according to online sources. He did not return a phone message left for him at his office.

The condo has 3,243 square feet and is on the fourth floor of the northern building on land owned by The Breakers and north of the hotel building.

Broker Christian Angle of Christian Angle Real Estate listed the condo for sale in June at just under $8 million.

Representing the buyer’s side was broker Lawrence Moens of Lawrence A. Moens Associates.

Bernstein-Fealy, who died at 94 in 2018, bought the condominium in 1999 when she was married to her first husband, Joseph Frank Bernstein, who founded a New York real estate brokerage. Her second husband was the late Dr. Jack Fealy.

A longtime journalist, Bernstein-Fealty moved to Palm Beach in 1970. For more than two decades, the Daily News published stories featuring celebrity interviews and her often-humorous take on island life. At 89, she wrote a book titled “My Journey From Palm Beach Journalist to Oprah — With Stops Along The Way.” Her children, Kathryn B. Gandal and James H. Bernstein signed the deed of sale for condo as successor trustees of a realty trust in her name, the deed shows. https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/24/breakers-row-oceanview-condo-fetches-7-million-palm-beach/4560793001/

2/3

2/24/2021

Breakers Row oceanview condo fetches $7 million in Palm Beach

Some of the most expensive apartments ever to change hands in Palm Beach have sold at 2 N. Breakers Row. The development, with two five-story condo buildings, has a grand total of fewer than 50 units. Built in 1986, the development offers residents access to private concierge services and room service from The Breakers.

Other amenities include 24-hour security and covered parking. * Darrell Hofheinz writes about real estate in his weekly “Beyond the Hedges” column. He welcomes news items about Palm Beach real estate for this column. Email dhofheinz@pbdailynews.com, call 820-3831 or tweet @PBDN_Hofheinz.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/24/breakers-row-oceanview-condo-fetches-7-million-palm-beach/4560793001/

3/3

8/26/2021

Contemporary-style house fetches nearly $36 million in Palm Beach

REAL-ESTATE

Award-winning contemporarystyle house fetches $35.75 million in Palm Beach: deed Built for James Held and Kenn Karakul, the award-winning house at 241 Jungle Road sold privately for $35.75 million, the price recorded with the deed.

Darrell Hofheinz Palm Beach Daily News Published 10:51 p.m. ET Aug. 25, 2021

Updated 9:48 a.m. ET Aug. 26, 2021

An award-winning, contemporary-style residence designed for environmental sustainability has sold privately for a recorded $35.75 million in Palm Beach’s Estate Section.

Businessmen Jim Held and Kenn Karakul built their threebedroom custom home and its detached two-bedroom guesthouse at 241 Jungle Road, which they completed in 2016. They sold the property through a limited liability company named after the address, for which the men serve as authorized members, records show.

In all, the two single-story buildings have 12,914 square feet of living space, inside and out, according to property records. On the north side of the Jungle Road, the lake-block lot measures about an acre and is the second parcel west of South County Road. The house stands about a halfmile south of Worth Avenue. https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/25/contemporary-style-house-fetches-nearly-36-million-palm-beach/5592054…

1/4

8/26/2021

Contemporary-style house fetches nearly $36 million in Palm Beach

The deed was recorded Wednesday, but the buyer’s identity wasn’t immediately available in the preliminary information about the sale posted on the Palm Beach County Clerk’s website.

Architect Daniel Kahan designed the house, with its gallery-white exterior; custom-built, 13-foot-tall French doors; flat roof; and floorplan that revolves around an open-air courtyard. In 2019, the Preservation Foundation of Palm Beach awarded Kahan the Elizabeth L. and John H. Schuler Award, which recognizes excellence in new architecture. Kahan, a principal with Smith and Moore Architects, shared the award with the homeowners.

From the archives: Award-winning house on Jungle Road designed for environmental sustainability Broker Christian Angle of Christian Angle Real Estate confirmed he handled both sides of the sale but declined further comment. His clients couldn’t be immediately reached.

Held is a former CEO of the Home Shopping Network and built a career in the television- and online-shopping industry. Karakul, a former member of the Palm Beach Architectural Commission, has a background in the retail and real estate industries.

The house on Jungle Road was built with an extensive system of rooftop solar panels, which optimally produce as much energy as the property uses, Held told the Palm Beach Daily News in 2019. Parts of the roof have been planted with strips of grass to help absorb heat from the sun.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/25/contemporary-style-house-fetches-nearly-36-million-palm-beach/5592054…

2/4

8/26/2021

Contemporary-style house fetches nearly $36 million in Palm Beach

“Depending on the time of year — obviously fall and winter are less — we generate between 250 and 400 kilowatts of energy a day. The house uses between 350 and 400 kilowatts a day. During the day, we generate all of the energy we use,” Held said.

Other innovative features include a fresh-air ventilation system, a technologically advanced water-collection system and highly efficient airconditioning units. The homeowners also installed a water-purification system to eliminate the need buy water in plastic bottles, Held said.

From the archives: Vacant lot on Jungle Road sells for nearly $8 million The layout includes an expansive living room with a 15-foot ceiling, a library, a music room and an office. The family room, which is open to the breakfast area and kitchen, looks out to a loggia, the swimming pool and the guesthouse beyond. Landscape architect Mario Nievera of Nievera Williams Design drew up the plans for the grounds.

The construction was overseen by contractor Hugh Davis of Davis General Contracting.

A trust linked to the sellers bought the lot in 2014 for a recorded $7.92 million. In April 2020, the ownership was transferred to the limited liability company that just sold the house, courthouse records show. * This is a developing story. Check back for updates. * https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/25/contemporary-style-house-fetches-nearly-36-million-palm-beach/5592054…

3/4

7/1/2021

Couple who sold estate to Bon Jovi last year sell another Palm Beach house

REAL-ESTATE

Couple who sold estate to Bon Jovi last year sell another Palm Beach house Jeffrey and Nicola Marcus sell 218 La Puerta Way for a recorded $10.34 million after buying it for $5.94 million last summer.

Darrell Hofheinz Palm Beach Daily News Published 11:14 a.m. ET Jul. 1, 2021

Updated 11:29 a.m. ET Jul. 1, 2021

The couple who last year sold rocker Jon Bon Jovi their Palm Beach oceanfront house has parted with another North End home they owned on La Puerta Way. A deed recorded Wednesdayshows the house at 218 La Puerta Way changed hands for $10.34 million in an off-market deal.

Jeffrey and Nicola Marcus sold the house on La Puerta to Keven R. Jones, the deed shows. With Bermuda-style architecture, the home has five bedrooms and 5,391 square feet of living space, inside and out.

Last July, the Marcuses sold, for a recorded $43 million, their seaside estate at 1075 N. Ocean Blvd. to an entity associated with Bon Jovi. The rocker’s company simultaneously sold, for $19.847 million, the custom home he and his wife, Dorothea Hurley, had recently completed at 230 S. Ocean Blvd. https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/01/couple-who-sold-estate-bon-jovi-last-year-sell-another-palm-beach-house…

1/4

7/1/2021

Couple who sold estate to Bon Jovi last year sell another Palm Beach house

Shortly before selling their oceanfront house, the Marcuses paid a recorded $5.94 million for the newly built house they just parted with on La Puerta Way. Jeffrey Marcus is is retired from Crestview Capital Partners, a privateequity firm in New York City, where he had served as a partner and was the company’s vice chairman. His career spanned 50 years as an entrepreneur and investor in the media industry. He also founded and served as chairman and chief executive officer of Marcus Cable, which was the country’s largest privately held cable television company when it was sold in 1998.

More: Palm Beach homes: Trust bought Bon Jovi home for $19.85 million, deed shows On the buyer’s side of this week’s sale, the deed lists Jones’ address in care of West Palm Beach attorney Homer Marshman. Jones owns no other property in his name in Palm Beach County, an online search showed. No other information about the buyer was immediately available.

The house on La Puerta was one of two back-to-back homes developed on speculation by real estate investor Mark Mashburn, who cofounded Blackpoint Partners, a New York City commercial real estate and management firm. Completed in 2019, the La Puerta Way house had never been lived in when the Marcuses bought it in June 2020.

More: Developer sells first of two back-to-back spec houses for $6M on Palm Beach’s North End

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/01/couple-who-sold-estate-bon-jovi-last-year-sell-another-palm-beach-house…

2/4

7/1/2021

Couple who sold estate to Bon Jovi last year sell another Palm Beach house

Shortly after the Bon Jovi sale, the Marcuses closed a $16-million deal for a lakefront home on the opposite side of the island at 920 N. Lake Way. They bought that eight-bedroom, Palm Beach Regency-style house from Molly E. Ryan and her husband, health-care executive Patrick T. Ryan, property records show. The North Lake Way house is listed as the Marcuses address on the deed just recorded for the sale on La Puerta Way. Broker Christian Angle of Christian Angle Real Estate handled both sides of the La Puerta Way deal, he confirmed Thursday. He declined further comment.

Angle also handled both sides of the sale when the Marcuses sold their house to Bon Jovi's ownership company last summer. In a deal simultaneous with that sale, Angle represented Bon Jovi and his wife when they sold a custom home they built at 230 S. Ocean Blvd. to a trust linked to Robert Ira and Zina Posner. Douglas Ellliman Real Estate agents Christopher Leavitt and Ashley McIntosh handled the buyer's side of that deal.

From the archives: The Bon Jovi effect? Rocker’s seaside home has sparked interest in quiet North End neighborhood Agent Suzanne Frisbie, who was then at Premier Estate Properties but today is with the Corcoran Group, handled both sides of last year’s sale when the Marcuses bought the house on La Puerta Way. She also acted for the Marcuses and the Ryans in the deal on North Lake Way. The house the Marcuses just sold was built by Sabatello Construction of Florida to a design by Palm Beach architect Pat Segraves of SKA Architect + Planner, records show.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/01/couple-who-sold-estate-bon-jovi-last-year-sell-another-palm-beach-house…

3/4

7/1/2021

Couple who sold estate to Bon Jovi last year sell another Palm Beach house

Among the La Puerta Way house’s features are combination living-anddining room, a library, a family room, a well-equipped kitchen, a two-car garage, a pool and a generator, according to Frisbie’s previous listing. The mid-block house occupies a lot measuring a little more than a quarteracre, about a half-mile north of the Palm Beach Country Club.

The house is similar to an adjacent one Mashburn developed at 217 El Pueblo Way, which sold in March 2020 for about $6 million, property records show. That house is slightly larger than the one on La Puerta Way. When the El Pueblo Way house sold last year, Frisbie represented Mashburn's ownership company and the buyer, a trust associated with private-equity specialist Reeve Waud.

Bon Jovi is the lead singer for the band Bon Jovi, which Forbes ranked No. 87 on its latest list of the world's 100 highest-paid celebrities. * This is a developing story. Check back for updates.

Dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/01/couple-who-sold-estate-bon-jovi-last-year-sell-another-palm-beach-house…

4/4

7/14/2021

Custom home goes for $17.25 million in Palm Beach: MLS

REAL-ESTATE

Custom home goes for $17.25 million in Palm Beach’s Estate Section: MLS Interior designer Cynthia ‘Suzy’ Moran commissioned the house at 221 El Vedado Road and owned it through a limited liability company.

Darrell Hofheinz Palm Beach Daily News Published 7:40 p.m. ET Jul. 13, 2021

Updated 7:52 p.m. ET Jul. 13, 2021

A custom home commissioned by an interior designer has changed hands in the lake block of El Vedado Road in the Estate Section of Palm Beach.

The price reported Tuesday in the multiple listing service for the sale of 221 El Vedado Road was the same as the property’s asking price — $17.25 million.

Designer Cynthia B. Moran, who goes professionally by the name Suzy Moran, owned the five-bedroom property through 221 El Vedado LLC, a Florida-registered limited liability company, records show.

The sale closed July 9, according to the sales listing updated Tuesday. The deed was still working its way through the recording process, so the buyer’s identity and the price that will be documented at the courthouse were not available. https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/13/custom-home-goes-17-25-million-palm-beach-mls/7956708002/

1/4

7/14/2021

Custom home goes for $17.25 million in Palm Beach: MLS

Completed in 2014, the four-bedroom house and one-bedroom guesthouse have 7,819 square feet of living space, inside and out, property records show. The lot measures about four-tenths of an acre and lies about a half-mile south of Worth Avenue. The house is the second one west of South County Road.

Designed for family visits Moran paid a reported $3.8 million for the property in 2011 and demolished a house there to accommodate her custom home.

With architecture influenced by Regency and British Colonial styles, the two-story house was designed by architects Mark Finlay and Jay Valade of Mark P. Finlay Architects in Southport, Connecticut.

They designed the house, in part, to accommodate visits by Moran’s children and grandchildren, she told Luxe magazine in a 2016 cover story.

“The interior is meant to be comfortable, elegantly sophisticated, not trendy and, most importantly, a home where family and friends can truly relax,” Moran told the magazine.

Heard the latest? Read more Palm Beach real estate news The house features limestone and hardwood floors, a paneled library with a fireplace, a formal dining room and a VIP guest suite on the ground floor, according to the sales description. The kitchen is adjacent to the breakfast room and the family room.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/13/custom-home-goes-17-25-million-palm-beach-mls/7956708002/

2/4

7/14/2021

Custom home goes for $17.25 million in Palm Beach: MLS

With a fireplace, the formal living room has French doors that open onto a pergola-covered loggia by the pool. The guesthouse is attached to the two-car garage.

Broker Christian Angle of Christian Angle Real Estate listed the house for sale March 19 and landed it under contract two months later, according to the MLS. Corcoran Group agent Suzanne Frisbie represented the buyer, the MLS shows.

The house on El Vedado was built by contractor Jim Woolems of Woolems Inc. with the grounds designed by landscape architect John E. Lang of Lang Design Group, records show.

Ties to New Jersey Moran’s professional resume includes tenure as principal at Greenfield Grange Inc., an interior design studio in Morristown, New Jersey.

She previously owned a house at 227 Miraflores Drive across town on the North End. She bought that property in 2003 with her late husband, J. Brian Moran, who died in 2008. She sold that house in 2013, property records show.

From the archives: Don’t blink! Quick sales new normal, as Moran’s sale on Miraflores Drive shows When she purchased the property on El Vedado Road, Moran was represented by agent Tierney O’Hara, who is today with Sotheby’s

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/13/custom-home-goes-17-25-million-palm-beach-mls/7956708002/

3/4

7/14/2021

Custom home goes for $17.25 million in Palm Beach: MLS

International Realty but at the time was affiliated with Mirsky Cole Real Estate, which later became part of Keyes Co. In the 2011 sale, Angle acted on behalf of the seller, LuAnn Goode. Goode’s late mother, Marjorie Ellen Cloud, had bought the previous house on the property with her late husband, Harold A. Cloud, in 1990, records show. Goode sold the house after Marjorie Cloud’s death in 2009. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/13/custom-home-goes-17-25-million-palm-beach-mls/7956708002/

4/4

6/11/2021

Florida Top Real Estate Professionals

(https://www.realtrends.com/)

a

(https://info.realtrends.com/cs/c/?cta_guid=7b81f284-180d-423d-a2a6e8eae3d5ebdb&signature=AAH58kG7gYiVYgzEYJK2Eb6twTQnJ34sZw&placement_guid=e262fa0c-d472-45f8-87b917fe63380d35&click=6fe773b3-a5a5-47eb-9edf4e6185fee90a&hsutk=c7a000001bf5118012180179fbce436d&canon=https%3A%2F%2Fwww1.realtrends.com%2Fbest-real-estate-agentsflorida%2Findividuals-byvolume&utm_referrer=https%3A%2F%2Fwww1.realtrends.com%2F&portal_id=6521591&redirect_url=APefjpE_oQ6xb82MdF499VYXiPkncVy oqsle8R5TOYO4iGv6V_N6DY3cURv0TBc-gHkLR4H-_mrKvFe3XkgneuCcLNP95WtByCIbedCNnT_WSSH1XuSBni8mbfISGVWCJ_vrGlnlyuy-z_Akg)

FLORIDA Scroll Down & Select Your State

https://www1.realtrends.com/best-real-estate-agents-florida/individuals-by-volume

1/37

6/11/2021

Florida Top Real Estate Professionals

Rank 

First Name

+ 1

Christian

Angle

Christian Angle Real Estate

+ 2

Ralph

Harvey

+ 3

Dana

+ 4



Last Name



State 

Volume



Marketi

Palm Beach

FL

$738,960,345.00

Order (https://w marketin

ListWithFreedom.com

Boynton Beach

FL

$590,362,836.00

Order (https://w marketin

Koch

Corcoran

Palm Beach

FL

$450,475,500.00

Order (https://w marketin

David

Roberts

Royal Palm Properties

Boca Raton

FL

$407,164,778.00

Order (https://w marketin

+ 5

Suzanne

Frisbie

Premier Estate Properties

Palm Beach

FL

$405,562,500.00

Order (https://w marketin

+ 6

Dora

Puig

Luxe Living Realty

Miami Beach

FL

$378,046,000.00

Order (https://w marketin

+ 7

Dina

Goldentayer

Douglas Elliman

Miami

FL

$321,692,093.55

Order (https://w marketin

+ 8

Gary

Pohrer

Douglas Elliman

Palm Beach

FL

$261,304,334.24

Order (https://w marketin

+ 9

Beau

Blankenship

Engel & Völkers 30A Beaches

Santa Rosa Beach

FL

$249,048,606.00

Order (https://w marketin

+ 10

Todd

Peter

Sotheby's International Realty

Palm Beach

FL

$190,112,500.00

Order (https://w marketin

+ 11

Robert

Thomson

Waterfront Properties and Club Communities

Jupiter

FL

$182,073,500.00

Order (https://w marketin

+ 12

Chris

Deitz

William Raveis Real Estate, Mortgage & Insurance

Palm Beach

FL

$171,337,500.00

Order (https://w marketin

+ 13

Russell

Post

Ocean Reef Club Sotheby's International Realty

Key Largo

FL

$169,192,000.00

Order (https://w marketin

+ 14

Roger

Pettingell

Coldwell Banker Realty

Longboat Key

FL

$167,908,308.00

Order (https://w marketin

Company

https://www1.realtrends.com/best-real-estate-agents-florida/individuals-by-volume



City



3/37

8/13/2021

House finished last year near inlet sells for $9 million in Palm Beach: deed

REAL-ESTATE

House built last year near inlet sells for $9.17M in Palm Beach: deed The couple who sold the house at 113 E. Inlet Drive were linked to the purchase in June of a home around the corner, next door to their main residence at 173 E. Inlet Drive.

Darrell Hofheinz Palm Beach Daily News Published 4:25 p.m. ET Aug. 13, 2021

Updated 4:39 p.m. ET Aug. 13, 2021

A couple who lives in a waterfront home on East Inlet Drive has been busy, real estate-wise, over the past six weeks in their neighborhood at the northern tip of Palm Beach.

Businessman Walter D. Wick and his wife, entrepreneur Lisa Hedley, just parted with a house they completed last year on a dry lot at 113 E. Inlet Drive. Sold for a recorded $9.17 million, the house is around the corner from couple’s homesteaded residence facing the inlet at 173 E. Inlet Drive.

Wick owned the house that just sold through a Florida limited liability company, 113 E. Inlet LLC. The sale came about six weeks after Wick paid a recorded $11.5 million for a waterfront house at 179 E. Inlet Ave., next door to https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/13/house-finished-last-year-near-inlet-sells-9-million-palm-beach-deed/8127…

1/4

8/13/2021

House finished last year near inlet sells for $9 million in Palm Beach: deed

the couple’s main home and fronting the municipal dock that juts into the inlet at the end of North Ocean Boulevard.

The house that changed hands this week has five bedrooms and 4,772 square feet, according to its sales listing. The floorplan includes a family room open to the kitchen; a first-floor master suite; and a screened loggia facing the swimming pool in the side yard. The house was designed by architect Roger Janssen of Dailey Janssen Architects and built by Benitz Building.

The buyer was a Delaware-registered limited liability company named after the property’s address. The deed lists that entity with a post office box in Westport, Connecticut. Because of Delaware’s strict corporate privacy laws, no other information about the company or anyone in control of it was immediately available.

Related deal Palm Beach house on inlet sells to next-door neighbor for $11.5 million: deed Broker Christian Angle of Christian Angle Real Estate handled the buyer’s end of the sale, according to the Palm Beach Board of Realtors Multiple Listing Service.

Angle and Wick couldn’t be reached for comment.

The property was co-listed for sale in early April at $9.75 million by agent Jim McCann of Premier Estate Properties and his former Premier colleagues Suzanne Frisbie and Allison Wren. Frisbie and Wren have since joined the Corcoran Group.

“It is just a beautifully executed house,” McCann said Friday, the day after the deed was recorded. “It feels like a great beach house.” https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/13/house-finished-last-year-near-inlet-sells-9-million-palm-beach-deed/8127… 2/4

8/13/2021

House finished last year near inlet sells for $9 million in Palm Beach: deed

Big sale down the street: Broadway producer Furman sells seaside house on East Inlet Drive for $25.26 million

Loops to the ocean and back With a neighborhood path leading to the beach, East Inlet Dive is a short street that makes a loop from North Ocean Boulevard to the ocean and back. The house that just sold stands on the southernmost leg of the street.

The house was built on a quarter-acre lot that Hedley bought in May 2018 as co-manager of the same company that just sold it. The sale three years ago was recorded at $2.27 million. In February, Wick became the company’s manager, state business records show.

The June sale at 179 E. Inlet was an off-market transaction. That 1959 house was sold by Gregory G. Galdi and Cynthia A. Feuss as successor trustees of a revocable trust in the name of the late retired businesswoman Diane L. Galdi. The Daily News was unable to confirm if any real estate agents were involved.

Hedley has owned the couple’s homesteaded house at No. 173 since 2012.

With wide views of the inlet, that house was built as a custom home in 2014, property records show.

Neighborhood listings In June, financier and Broadway producer Roy Furman and wife Marjorie sold an oceanfront house down the street at 137 E. Inlet Drive for a recorded $25.26 million, although sources familiar with the https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/13/house-finished-last-year-near-inlet-sells-9-million-palm-beach-deed/8127…

3/4

8/13/2021

House finished last year near inlet sells for $9 million in Palm Beach: deed

transaction told the Daily News that the actual amount changing hands was higher. In that private sale, the buyer was a limited liability company, and broker Lawrence Moens of Lawrence A. Moens Associates handled both sides.

Meanwhile, East Inlet Drive is home to two sizable oceanfront properties with equally sizable price tags in the MLS. An oceanfront Bermuda-style estate on 1.2 acres with 110 feet of beachfront at 143 E. Inlet Drive is priced at $45 million, represented by Cristina Condon and Kevin Condon of Sotheby's International Realty.

And Moens holds a $79 million listing for a contemporary-style house completed last year at 149 E. Inlet Drive at the corner of the inlet and the ocean. Its lot measures 1.4 acres, property records show, but because of federally protected easements abutting the property line, the house actually presides over nearly 4 acres. That residence faces 250 feet of inlet frontage with another 114 feet on the ocean. * Darrell Hofheinz is a USA TODAY Network of Florida journalist. You can reach him at dhofheinz@pbdailynews.com. Help support our journalism. Subscribe today. @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/13/house-finished-last-year-near-inlet-sells-9-million-palm-beach-deed/8127…

4/4

3/9/2021

New Palm Beach house brings $8.48M before it was listed in MLS

REAL-ESTATE

New house fetches $8.48 million before it even hits MLS The recently completed five-bedroom home at 1575 N. Ocean Blvd. sold before it was listed.

Darrell Hofheinz Palm Beach Daily News Published 9:18 p.m. ET Mar. 8, 2021

Updated 9:35 p.m. ET Mar. 8, 2021

In Palm Beach, where shoppers are competing fiercely for homes, some houses never even make it into the multiple listing service before they sell.

That was the case with a just-completed North End home built and developed on speculation by Sabatello Cos. at 1575 N. Lake Way. The five-bedroom house changed hands in an off-market deal recorded Monday at $8.478 million.

Private-equity specialist Ian MacTaggart and his wife, Christine, bought the house, which has about 5,525 square feet of living space, inside and out.

MacTaggart is president, chief operating officer and chief financial officer at Brynwood Partners, an investments firm in Greenwich, Connecticut.

More: House hunting in Palm Beach? Grab it before it gets away https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/08/new-palm-beach-house-brings-8-48-m-before-listed-mls/4637604001/

1/3

3/9/2021

New Palm Beach house brings $8.48M before it was listed in MLS

Broker Christian Angle of Christian Angle Real Estate represented the buyers. Angle and his clients couldn’t be reached for comment.

Designed by Smith and Moore Architects, the Taggarts’ house stands on a lot of about three-tenths of an acre near the north tip of the island. The floorplan includes separate living and family rooms along with a library, a formal dining room, a space for casual meals and a two-car garage. There are laundry rooms on both floors.

Sabatello Cos., headed by Carl M. Sabatello, bought the property and its since-demolished house for a recorded $3 million in July 2019 from John J. Fratta and Bill Yahn, who owned it as an investment property.

Yahn is an agent at the Corcoran Group, and he represented Sabatello Cos. in the sale recorded this week. Yahn also handled both sides of the 2019 sale, when the property was addressed as 233 Arabian Road.

More: Read the latest Palm Beach real estate news Yahn had expected to list the property late last year, he said, but never got a chance in this go-go market.

The quality of the construction — plus the size of the lot — justified the price, Yahn said Monday.

“The lot is 13,000 square feet — and lots of that size are getting harder to find,” Yahn said. * Darrell Hofheinz writes about real estate in his weekly “Beyond the Hedges” column. He welcomes news items about Palm Beach real estate https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/08/new-palm-beach-house-brings-8-48-m-before-listed-mls/4637604001/

2/3

7/7/2021

Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS

REAL-ESTATE

New golf-course house sold in April flipped in Palm Beach, MLS shows The house at 259 Pendleton Ave. had just been completed when the sellers bought it from its developer.

Darrell Hofheinz Palm Beach Daily News Published 4:23 p.m. ET Jul. 7, 2021

Updated 4:40 p.m. ET Jul. 7, 2021

The buyers who in April paid a recorded $17.45 million for a new house with a guesthouse in Midtown Palm Beach have flipped the https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

1/5

7/7/2021

Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS

property for $18.44 million, the price reported Wednesday in the multiple listing service.

The actual amount changing hands was higher, because the property sold with its furnishings, according to sources familiar with the transaction.

The house had been listed unfurnished at $23.9 million with a “furnished option available upon request,” its MLS sales description said.

A deed had not been recorded for the transaction as of mid-afternoon Wednesday, so the identity of the buyer wasn’t yet known. It was also unclear if the price reported in the MLS would match the one to be recorded with the deed at the Palm Beach County Courthouse.

Courthouse prices are sometimes lower because they don’t include items such as real estate commissions and other fees that were paid as part of the transaction.

The house was sold by a company managed by a married couple — real estate investors and developers Joseph Taylor and Hilary Budny of Newton, Pennsylvania, property and business records show.

Taylor and Budny bought the house from its developer in a sale recorded April 20 and relisted it for sale a week later. It was under contract shortly thereafter, according to the MLS. More: Palm Beach house that just sold for $17.45 million relisted at $23.9 million The eight-bedroom house was built on speculation by developer Todd Michael Glaser and a pair of investors. With 8,306 square feet, it stands on a double lot that backs up to 175 feet along The Breakers’ golf course.

The half-acre property is several blocks north of Royal Palm Way. https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

2/5

7/7/2021

Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS

Taylor is president and CEO of Matrix Development Group, a real estate investment and development company based in Monroe Township, New Jersey, according to the company’s website. Budny is a partner and senior vice president at the same company, online sources show. The firm’s real estate portfolio includes residential, industrial, commercial and mixeduse development projects.

Brown Harris Stevens agent Margit Brandt returned to represent the sellers after acting on their behalf when they bought the property a little more than two months ago, shortly after the town issued the house a certificate of occupancy.

Broker Christian Angle of Christian Angle Real Estate acted on behalf of the buyer in this week’s sale, according to the updated sales listing.

More: New house built in 8 months brings $17.45M on Pendleton Ave. in Palm Beach: deed Brandt’s sale listing said the house “combines traditional Florida elegance with all of the bells and whistles of modern living, smart technology and innovation.”

Most of the rooms afford views of the golf course as does the pergolatopped terrace off the second-floor master suite. The amenity list includes a generator, an elevator, a whirlpool spa, a 37-foot lap pool, and an outdoor “rain shower.” With a two-car garage, the house has a detached two-bedroom guesthouse with its own kitchen and laundry area.

Before Taylor and Budney bought the house, they had put it under contract in January while Glaser was finishing construction. By the time they closed their purchase in April, the market had grown https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

3/5

7/7/2021

Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS

considerably more competitive, with new houses especially in demand and prices escalating rapidly, Brandt said at the time.

The house on Pendleton Lane is a rarity in Palm Beach because it captures direct golf course views.

Brandt declined to comment about the most recent sale, and the sellers couldn’t be reached.

Taylor and Budney owned the house through a Florida limited liability named 259 Pendleton PB LLC. A social-media post by Brandt says the home’s interior design and furnishings were handled by Brittany Peltz Buerstedde — daughter of longtime Palm Beachers Nelson and Claudia Peltz — of Sena Lifestyle Studio.

Agent Suzanne Frisbie of Premier Estate Properties represented Glaser’s side of the sale in April. He developed the house through his namesake company with two investors — Miami developer Jonathan Fryd and developer Scott Robins, president and CEO of Scott Robins Cos. in Miami Beach.

As previously reported by the Daily News, Glaser and his investment group this week paid a reported $85 million for Tarpon Island — Palm Beach’s only private island — with 2.27 acres in the Intracoastal Waterway just east of Everglades Island. Glaser said he planned to renovate and expand the existing 1930s-era house on the property for resale. The island was sold by private investor William Toll and his wife, Eileen. *

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

4/5

12/2/21, 9:34 AM

Palm Beach house sale tops $12M, a $5M hike over sale a year ago

REAL-ESTATE

Sold new a year ago for $7.44 million, house fetches $12.48 million in Palm Beach The house at 211 Ocean Terrace in Palm Beach's North End just changed hands in an offmarket deal.

Darrell Hofheinz Palm Beach Daily News Published 9:28 a.m. ET Dec. 2, 2021

Updated 9:30 a.m. ET Dec. 2, 2021

Another house sale in Palm Beach has earned its sellers a sizable chunk of change, a deed recorded Wednesday shows.

Investments executive Jeffrey Volling and wife Lisa just sold, for $12.475 million, a house they bought new a year ago for a recorded $7.44 million.

That’s about a $5 million difference, or nearly 70% more than they paid for the house at 211 Ocean Terrace on the North End. The deed lists the buyers in the off-market deal as Devon Burger and her husband, Thomas A. Burger Jr., who are also in the financial industry.

With Caribbean Georgian-style architecture, the four-bedroom house has 4,968 square feet of living space, inside and out.

Thomas Burger is managing partner of Gridiron Capital, which he co-founded in 2005, according to its website. Based in New Canaan, Connecticut, the private-equity firm invests in companies to grow their value, the site says.

Devon Burger is a partner and member of the investments committee at Brookside Capital Partners’ office in Stamford, Connecticut. The firm's website says the company provides “credit solutions” to lower middle-market companies, according to its website.

Sale last year:: Vollings buy new house for $7.44M on North End of Palm Beach

https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/palm-beach-house-sale-tops-12-m-5-m-hike-over-sale-year-ago/8823150…

1/2

12/2/21, 9:34 AM

Palm Beach house sale tops $12M, a $5M hike over sale a year ago

Architect Harold Smith of Smith and Moore Architects designed the house the Burgers just bought. It features a living room with a fireplace, a formal dining area and an open-plan kitchen with a breakfast space and a two-car garage, according to a previous sales listing.

Those rooms look out to a covered loggia, a patio with a pergola and a pool with a whirlpool spa.

Agents Todd and Frances Peter of Sotheby’s International Realtor represented the sellers, Todd Peter confirmed but declined further comment.

Broker Christian Angle of Christian Angle Real Estate handled the buyers’ side. He couldn’t be reached.

Heard the latest? Read more Palm Beach real estate news Jeffrey Volling is a principal and investment officer with Bessemer Investors in New York City. The Vollings have a home in Greenwich, Connecticut, courthouse records show.

The Vollings bought the house from an entity linked to Carl Hj. Asplundh Jr. of the Asplundh tree-trimming fortune.

In the sale that closed at the tail end of November 2020, the Peters acted on behalf of the Vollings, according to records in the multiple listing service. Agent Jim McCann of Premier Estate Properties had the listing. * This is a developing story. Check back for any updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call (561) 820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/palm-beach-house-sale-tops-12-m-5-m-hike-over-sale-year-ago/8823150…

2/2

6/24/2021

Palm Beach lot sold for $7 million in December just flipped for $12 million

REAL-ESTATE

Palm Beach lot sold for $7 million in December just flipped for $12 million, records show The parcel at 220 Jungle is in the Estate Section, where vacant land is scarce.

Darrell Hofheinz Palm Beach Daily News Published 9:43 a.m. ET Jun. 24, 2021

Updated 9:43 a.m. ET Jun. 24, 2021

A mostly vacant lot has been flipped in Palm Beach’s Estate Section for $12 million —about $5 million more than property fetched in an offmarket deal six months ago.

The seller of the lot at 220 Jungle Road was apparently the Florida limited liability company — named after property’s address — that bought the house in December. Courthouse and business records have revealed little about that company, except that it is managed by real estate attorney Maura Ziska, who has declined to discuss it.

The sale was reported in the Palm Beach Board of Realtors Multiple Listing Service. The deed was still working its way through the recording process this week, so the identity of the buyer isn’t yet known.

Via a deed recorded in early December, the seller paid a recorded $6.95 million for the lot. It measures four-tenths of an acre and is the fourth https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/24/palm-beach-lot-sold-7-million-december-just-flipped-12-million/7522498002/

1/3

6/24/2021

Palm Beach lot sold for $7 million in December just flipped for $12 million

property west of the Intracoastal Waterway on the north side of Jungle Road. With a service alley, the lot and its outbuilding lie a little more than a half-mile south of Worth Avenue.

The property was re-listed for sale at just under $12 million in mid-April and was under contract about a week later, according to records in the local multiple listing service.

Broker Christian Angle of Christian Angle Real Estate handled both sides of the sale, according to the listing marked “closed” Wednesday. His sales description touted the lot as a “fantastic opportunity to build your dream home.”

Two years ago, the lot was listed by William Raveis South Florida at just under $10 million, shortly after the Architectural Commission approved plans for a two-story, 8,816-square-foot house with six-bedrooms and Mediterranean-style architecture. That house was designed by architect Harold Smith of Smith and Moore Architects.

Angle’s sales listing did not mention those plans.

On May 21, a request was filed at Town Hall for a building permit for the lot, but it was unclear this week who applied for the permit or whether it has been issued. The new owner could shave months off the town’s development-review process if the house Smith designed were built with no major exterior changes, Buildable land has become a precious commodity in Palm Beach — particularly in the Estate Section — as would-be buyers have struggled to find new or even recently renovated houses in a market where housing inventory has shrunk to new lows. With houses in limited supply, some https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/24/palm-beach-lot-sold-7-million-december-just-flipped-12-million/7522498002/

2/3

6/24/2021

Palm Beach lot sold for $7 million in December just flipped for $12 million

buyers have sought land to build themselves custom homes, while developers have searched for properties that could accommodate new homes they would develop on speculation.

The 2019 listing for the lot on Jungle Road was held by agents Jack Elkins and Bunny Hiatt . But the listing was no longer active in the MLS when the lot changed hands in December.

The seller six months ago was Thought Development LLC, a Florida limited liability company controlled by businessman and real estate developer Edward Kettenbach. The company’s address on the December deed matched that of the Kettenbach family's oceanfront estate, 801 S. County Road.

Edward Kettenbach paid a recorded $6.75 million for the property in 2017 using a different ownership entity, which in 2019 deeded the lot to the company that just sold it records show. When Kettenbach’s company bought the property, it included a 1935 house that was later demolished, although a two-story garage building remained at the rear. * This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/24/palm-beach-lot-sold-7-million-december-just-flipped-12-million/7522498002/

3/3

8/20/2021

Phelps family sells North End custom home for $16.58 million in Palm Beach

REAL-ESTATE

Phelps family sells North End custom home for $16.58 million in Palm Beach Edwin and Linda Phelps completed the house at 255 Wells Road in 2014 and sold it off-market to a limited liability company named after the property’s address, the deed shows.

Darrell Hofheinz Palm Beach Daily News Published 10:59 a.m. ET Aug. 20, 2021

Updated 12:08 p.m. ET Aug. 20, 2021

Retired attorney Edwin L. Phelps and his wife, Linda, have sold — for a recorded $16.58 million — the custom home they completed in 2014 on the near North End of Palm Beach.

The Phelpses deeded the five-bedroom house to a Florida limited liability named after the property’s address at 255 Wells Road. Real estate attorney Maura Ziska manages that company, according to courthouse records. The deed was recorded Friday by the Palm Beach County Clerk’s office.

Ziska signed an $11 million, 30-year mortgage on the property that's tied to a loan by Goldman Sachs Bank. Ziska declined to discuss the transaction, and no other information about the buyer was immediately available in public records. https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/20/phelps-family-sells-north-end-custom-home-16-58-million-palm-beach/82…

1/3

8/20/2021

Phelps family sells North End custom home for $16.58 million in Palm Beach

On a lot measuring four-tenths of an acre, the British Colonial-style house is immediately east of Bradley Place, fronting a curve in the road. The property is about a half-mile north of Royal Poinciana Way and one house away from the Intracoastal Waterway.

Although the house changed hands privately, it had been listed previously, at $13.5 million, by broker Christian Angle of Christian Angle Real Estate. The listing ran for nearly two months, from late 2019 to early 2020, according to MLS records.

Angle confirmed he handled both sides of the sale but declined further comment.

Heard the latest? Read more Palm Beach real estate news The house has 8,432 square feet of living space, inside and out, property records show. The Phelpses had it homesteaded as their primary home in the latest Palm Beach County tax rolls. They bought the property for $2.2 million in 2012, according to courthouse records.

Angle’s previous sales listing specifically mentioned a “welcoming foyer with spectacular marble flooring,” a formal living room with a marble fireplace and pocket-style sliding-glass doors that open to a covered loggia with coffered ceilings, “perfect for outdoor entertaining.” The loggia’s roof doubles as a second-floor terrace.

The kitchen is equipped with top-of-the-line appliances and leads into the family room. The formal dining room has a gold-leafed ceiling and connects to a butler’s pantry with temperature-controlled wine storage and a wet bar. https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/20/phelps-family-sells-north-end-custom-home-16-58-million-palm-beach/82…

2/3

8/20/2021

Phelps family sells North End custom home for $16.58 million in Palm Beach

The Phelpses have ties to the McLean, Virgiina, and greater Washington, D.C., according to public records. Among his professional accomplishments, Edwin Phelps founded Educational Services Institute, later known as ESI International, to offer courses in governmentcontracts law. * This is a developing story. Check back for updates. * Darrell Hofheinz is a USA TODAY Network of Florida journalist. You can reach him at dhofheinz@pbdailynews.com. Help support our journalism. Subscribe today. @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/20/phelps-family-sells-north-end-custom-home-16-58-million-palm-beach/82…

3/3

2021

THE

THOUSAND +

Top 250 Individual Real Estate Professionals by

NAME

SALES VOLUME

COMPANY

2020 SALES VOLUME

1. Ben Caballero

HomesUSA.com Dallas, TX $2,460,278,080.00

2. Christian Angle

Christian Angle Real Estate Palm Beach, FL $738,960,345.00

3. Ralph Harvey

ListWithFreedom.com Boynton Beach, FL $590,362,836.00

4. Andrew Ernemann

Aspen Snowmass Sotheby’s International Realty Aspen, CO $540,786,490.00

5. Craig Morris

Aspen Snowmass Sotheby’s International Realty Aspen, CO $473,352,500.00

6. Jade Mills

Coldwell Banker Realty Beverly Hills, CA $471,474,997.00

7. Carrie Wells

Coldwell Banker Mason Morse Real Estate Aspen, CO $468,541,500.00

8. Tracy Campion

Campion and Company Boston, MA $460,671,800.00

9. Dana Koch

Corcoran Palm Beach, FL $450,475,500.00

10. David Roberts

Royal Palm Properties Boca Raton, FL $407,164,778.00

11. Suzanne Frisbie

Premier Estate Properties Palm Beach, FL $405,562,500.00

12. Ginger Glass

Compass Beverly Hills, CA $387,850,415.00

13. Dora Puig

Luxe Living Realty Miami Beach, FL $378,046,000.00

14. Tim Allen

Coldwell Banker Realty Carmel-by-the-sea, CA $354,561,466.00

15. Harald Grant

Sotheby’s International Realty Southampton, NY $343,944,500.00

The Wall Street Journal editors and newsroom were not involved in the creation or production of this special advertising section or its story selection.

2021 REALTRENDS + TOM FERRY THE THOUSAND Top 250 Individuals by Sales Volume

23

1/7/2021

Remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach

REAL-ESTATE

Expanded-and-remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach The North End house sold to Gretchen S. Jordan, wife of Chicago private-equity specialist John "Jay" W. Jordan II. The sellers were attorney Ronald J. Berk and his jewelry-designer wife, Judith Ripka Berk.

Darrell Hofheinz Palm Beach Daily News Published 2:58 p.m. ET Jan. 7, 2021

Updated 3:07 p.m. ET Jan. 7, 2021

Ronald J. and Judith Ripka Berk have sold, for a recorded $12.7 million, the 1950s-era house they extensively renovated and expanded at 273 Tangier Ave. on the North End of Palm Beach.

The six-bedroom house —with about 8,000 square feet of living space, inside and out — sold to Gretchen S. Jordan, who acted as trustee of a trust in her name, the deed recorded Wednesday shows.

Jordan, who has ties to Chicago, is married to industrialist and privateequity specialist John “Jay” W. Jordan II, who founded The Jordan Co., also known as TJC. The company is headquartered in New York but has offices in Chicago, according to its website.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/07/remodeled-house-brings-12-7-m-273-tangier-ave-palm-beach/6583662002/

1/3

1/7/2021

Remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach

The Jordans own no other property in Palm Beach County under their names, according to a search of online property records. Gretchen Jordan declined to comment.

Attorney Ronald Berk had owned the property in his name since 2011, when he paid a recorded $3.35 million for it. Because he had the house homesteaded in the latest Palm Beach County tax rolls, his wife, a jewelry designer, “joined” him in the sale, according to the deed.

The house is the second one east of North Lake Way and stands on a lot of four-tenths of an acre. Tangier Avenue is about a half mile south of the Palm Beach Country Club.

Broker Christian Angle of Christian Angle Real Estate had the property priced at $12.9 million, down from $13.9 million when the house entered the Palm Beach Board of Realtors Multiple Listing Service in October 2019. Angle landed it under contract in early November, the MLS shows.

The sales listing describes the home’s “gorgeous architectural details and rich finishes,” including hardwood and marble floors. The layout features a formal dining room, a grandly scaled living room, a library and a master suite on the first floor.

The property also has a wet bar, a two-car garage and a full-house generator. A covered loggia faces the gas-heated pool with whirlpool spa. >>MORE: Read more Palm Beach real estate news Agent Ashley McIntosh of Douglas Elliman Real Estate handled the buyer’s side of the sale with her Elliman colleague, Adam McPherson, the https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/07/remodeled-house-brings-12-7-m-273-tangier-ave-palm-beach/6583662002/

2/3

1/7/2021

Remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach

MLS shows. McIntosh and McPherson declined to comment. Angle and the Berks couldn’t be reached.

Palm Beach architect Jerome Baumoehl designed the renovation project for the Berks, town records show. His design completely transformed the look of the house, which was originally a ranch-style home.

In November, the Jordans listed their six-bedroom mansion in Chicago’s Gold Coast neighborhood for $18.75 million, a price reported by the Chicago Tribune as the highest residential asking price at the time.

That 20,000-square-foot home dates to the end of the 19th century, according to press reports. >>FROM THE ARCHIVES: Berks to face fourth time before architectural board over Tangier Avenue home addition dhofheinz@pbdailynews.com @PBDN_hofeheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/07/remodeled-house-brings-12-7-m-273-tangier-ave-palm-beach/6583662002/

3/3

11/16/21, 5:40 PM

Sale of house built in 2007 tops $25 million in Midtown Palm Beach

REAL-ESTATE

House built in 2007 fetches $25.4 million in Midtown Palm Beach The house and poolside guesthouse at 200 Clarke Avenue last changed hands new 14 years ago for $9.4 million.

Darrell Hofheinz Palm Beach Daily News Published 5:37 p.m. ET Nov. 12, 2021

Updated 9:52 a.m. ET Nov. 15, 2021

A Palm Beach estate that hadn’t changed hands in 14 years has sold for $25.375 million, the price reported Friday in the local multiple listing service for 200 Clarke Ave. Valerie J. Winchester bought the house new in 2007 for $9.4 million, courthouse records show. She had the residence homesteaded as her primary home in the latest Palm Beach County tax roll.

The six-bedroom house has a two-bedroom guesthouse facing the pool. In all, the buildings have 11,049 square feet of living space, inside and out. The lot measures about six-tenths of an acre on the southwest corner of North County Road.

The sale closed Friday, but a deed for the transaction had not been recorded as of late afternoon by the Palm Beach County Clerk’s office. The buyer also had not been identified in public records, and it’s unclear if the sale price reported in the MLS will match that to be documented at the courthouse.

Winchester is associated in public records with VW Management Inc. and a number of real estate companies.

With ties to Massachusetts, she bought the house about a year after the death of her real estate developer husband, Walker K. Winchester, at 79. He co-founded State Street Development Co. of Boston and built dozens of affordable housing complexes and rental buildings in Massachusetts, Connecticut and Rhode Island, according to his obituary. The couple had divided their time between a home on Lake Court in Palm Beach and a summer residence at Oyster Harbors in Osterville, Massachusetts, property records show. https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/12/sale-house-built-2007-tops-25-million-midtown-palm-beach/8591670002/

1/3

11/16/21, 5:40 PM

Sale of house built in 2007 tops $25 million in Midtown Palm Beach

Palm Beach real estate: Howard Stern in Palm Beach: 5 things to know about the former ‘America’s Got Talent’ judge Broker Christian Angle of Christian Angle Real Estate listed the house on Clarke Avenue at $27.9 million at the tail end of August.

Broker Linda Olsson of Linda R. Olsson Inc., Realtor, handled the buyer’s side of the sale, the MLS shows.

Olsson and Angle declined to comment, and Winchester couldn’t be reached immediately.

Hot market! Real estate season preview: Calling all Palm Beach sellers! Buyers await in the wings Whoa! These 6 real estate sales shattered price records in Palm Beach this year Angle’s sales listing mentioned the main house’s well-scaled rooms with French doors throughout. The layout includes a ground-floor guest suite, a formal dining room, a library, multiple fireplaces and an elevator. The eat-in kitchen has a work island, “top-of-theline” appliances, a breakfast area and a butler’s pantry.

The second floor “owner’s wing” has a sitting room, a “morning bar,” dual bathrooms, two walk-in closets and a terrace.

The listing described the pool area as a “serene backyard oasis” with covered loggias and a built-in grill.

Other features of the property include a full-house generator, an updated security system and a three-car garage.

Asking big bucks: Listed for $210 million: Six unusual facts about Palm Beach's only private island Winchester bought the house from a company controlled by Palm Beach real estate developer Suzanne Frisbie, who handled both sides of the 2007 sale in her role as an agent at the Corcoran Group, records show. Frisbie and her family developed the house on speculation, according to published reports. The contractor was Benitz Building. * This is a developing story. Check back for updates. *

https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/12/sale-house-built-2007-tops-25-million-midtown-palm-beach/8591670002/

2/3

1/20/2021

Real estate CEO, wife sell Palm Beach house in Palm Beach

REAL-ESTATE

House fetches $9.4 million on Cocoanut Row in Midtown Palm Beach A trust bought the house from Hinda and John G. Snyder of The Simon Cos., which owns and manages commercial and multifamily properties in New England.

Darrell Hofheinz Palm Beach Daily News Published 2:29 p.m. ET Jan. 19, 2021

Updated 3:04 p.m. ET Jan. 19, 2021

A renovated house built in 1928 in Midtown Palm Beach has sold for a recorded $9.395 million, the price documented with the deed.

John G. and Hinda M. Snyder sold the house they had owned since 2008 at 130 Cocoanut Row. On the buyer’s side was attorney Paul A. Krasker, who acted as trustee of a revocable trust named after the property’s address.

The Snyders paid a recorded $5.435 million for the property, courthouse records show. The modified Monterey-style house stands on a lot of about a third of an acre at the corner of Via Sunny, a lake-block street near Barton Avenue.

The house has 7,106 square feet of living space, inside and out. There’s also a two-car garage with a second-floor guest apartment, bringing the https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/19/real-estate-ceo-wife-sell-palm-beach-house-palm-beach/4215592001/

1/3

1/20/2021

Real estate CEO, wife sell Palm Beach house in Palm Beach

number off bedrooms on the property to six. >>MORE: A year like no other: Sale after sale hit $20 million or more in Palm Beach John Snyder signed the deed for himself and on behalf of his wife as her “attorney in fact.” He is managing partner and CEO of The Simon Cos., which is based outside Boston and owns and manages commercial and multifamily real estate throughout New England, according to the firm’s website. Snyder oversees investments, finance matters, and legal issues, along with property management, development and acquisitions.

John Snyder had the property homesteaded in the latest Palm Beach County tax rolls, records show.

The house was designed by Volk & Maass, the architectural firm of the late partners and noted society architects John L. Volk and Gustav Maass.

Interior features include a living room with a fireplace and walls finished in Venetian plaster, according to the sales listing. An enclosed loggia accesses the kitchen and overlooks the saltwater pool and outdoorentertainment areas, which include a covered patio.

The listing also mentioned a graceful staircase, one of Volk's architectural signatures.

Broker Christian Angle of Christian Angle Real Estate had the listing. He began marketing the property for just under $11 million in late August, and it was under contract by early December, according to records in the local multiple listing service.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/19/real-estate-ceo-wife-sell-palm-beach-house-palm-beach/4215592001/

2/3

1/20/2021

Real estate CEO, wife sell Palm Beach house in Palm Beach

Agent Elizabeth DeWoody of Compass Florida handled the buyer’s side of the sale.

Because of rules regulating trusts, no other information about the buyer was immediately available in public records. The deed was recorded Jan. 6 by the county clerk’s office.

Angle and DeWoody declined to comment, and the Snyders couldn't be reached. >>MORE: Read more Palm Beach real estate news * This is a developing story. Check back for updates.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/19/real-estate-ceo-wife-sell-palm-beach-house-palm-beach/4215592001/

3/3

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

REAL-ESTATE

Annual survey ranks Palm Beach real estate pros among country’s top producers Local agents who were ranked submitted sales data verified by Real Trends and Tom Ferry as part of Wall Street Journal special advertising section.

Darrell Hofheinz Palm Beach Daily News Published 5:01 p.m. ET Jun. 11, 2021

Updated 5:16 p.m. ET Jun. 11, 2021

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 1/7

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

After a record-setting year in 2020 for Palm Beach real estate sales, local agents and brokers have earned a spot on annual lists of top producers in the country and state based on residential sales volume and other criteria.

The caveat is that the rankings reflect only the sales of those real estate professionals and companies who chose to participate in the survey – and not every Palm Beach agent and broker did that.

The professionals who were ranked — or their agencies — submitted the sales data for the 16th annual survey, which is cosponsored by two real estate companies, Colorado-based Real Trends and California-based Tom Ferry International. In December, Real Trends was acquired by Dallas-based HW Media but continues to be involved in the rankings.

More: Palm Beach home sales skyrocket in fourth quarter, reflecting a go-go year Known as “The Thousand” and “America’s Best Real Estate Professionals,” the two reports were released Friday online. “The Thousand” was also included as a special advertising section in the Wall Street Journal.

The sales figures used to compile the reports required “independent, third-party verification,” according to a joint letter included as part of “The Thousand” by Clayton Collins, CEO of HW Media, and Tom Ferry, founder and CEO of Tom Ferry International.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 2/7

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

Verification takes “many forms, but the source for the verification must be independent of the sales professional or team submitting the application,” the letter said.

Angle leads locals on national list Among its categories, “The Thousand” report included a ranking of the top 250 agents in the country based on their individual sales volume category last year – and several island-based agents landed on the list.

Palm Beach Broker Christian Angle of Christian Angle Real Estate was ranked No. 2 nationally – and first in Florida – with a reported sales volume last year of $738.96 million. Also in the top 10 nationally was agent Dana Koch of the Corcoran Group’s Palm Beach office, whose reported sales volume of $450.48 million ranked him No. 3.

Among those absent from the rankings, as usual, was topproducing broker Lawrence Moens of Palm Beach’s Lawrence A. Moens Associates, who has told the Palm Beach Daily News he doesn’t participate in such projects. Moens’ closed sales volume last year would have earned his brokerage a top spot on the list, according to his closed 2020 MLS listings and off-market sales tracked by the Daily News.

Rounding out the Palm Beach agents on the national top 250 salesvolume list were agent Suzanne Frisbie of Premier Estate Properties, ranked No. 11 with a reported sales volume of $405.56 million; Gary Pohrer of Douglas Elliman Real Estate (No. 32 with $261.3 million); Todd Peter of Sotheby’s International Realty (No. 53 with $190.11 million); Chris Deitz of William Ravis South Florida (No. 64 https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 3/7

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

with $171.34 million); and Elizabeth DeWoody of Compass Florida (No. 192 with $102.12 million).

In “The Thousand” report, the nation’s “top-performing individual agents grew their closed transactions sides an average of 18.2% from 2019 to 2020,” said a statement released with the rankings at RealTrends.com.

“In closed sales, The Thousand top individuals saw their closed volume surge by 44.9%. Even the median figures were up, with median sides up 9.3% and median volume up 30.5%.”

The No. 1 agent in the country, based on sales volume, has held that distinction for a number of years: Dallas-based Ben Cabalerro of HomesUSA sales generated a reported at $2.45 billion.

One national category in “The Thousand” report ranked “small teams” of two to five real estate professionals by sales volume. Premier Estate Properties’ Jim McCann Group of Palm Beach took the No. 3 spot on that list with a reported sales volume of $417.54 million. McCann’s team also was ranked No. 1 among small teams in the state on the America’s Best” list.

In the “large teams” category — comprising teams of 11 to 20 real estate professionals— Douglas Elliman’s Leavitt McIntosh Team of Palm Beach generated a sales volume of $305.52 million, ranking it No. 15 nationally and No. 3 in Florida. That team is led by agents Christopher Leavitt and Ashley McIntosh.

Florida rankings include many Palm Beach names The “America’s Best” list ranked more than 18,000 U.S. real estate sales associates from each state, according the organizers. https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 4/7

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

In addition to Angle leading the Florida list of individuals ranked by sales volume, four other Palm Beach agents were in the top 10 – Koch, who was ranked No. 3, Frisbie (No. 5), Pohrer (No. 8) and Peter (No. 10).

Robert Thompson, who owns Jupiter-based Waterfront Properties and Club Communities, which has an office in Palm Beach, was ranked No. 11 with a sales volume of $182.07 million. Deitz came in at No. 12 and DeWoody at No. 26.

The same list included Sonja Stevens of Palm Beach’s Sotheby’s International Realty, who ranked No. 29 with $84.58 million. Other Palm Beach brokers and agents on the Florida sales-volume list included Cristina Gibbons of Sotheby’s (No. 34 with $77.14 million); Elliman’s Samantha Curry (No. 39 with $69.68 million); Corcoran’s Stephen Presson (No. 42 with $66.12 million); and John O. Pickett III of Brown Harris Stevens (No. 68 with $55.54 million.)

The list of those whose sale volumes totaled $40 million or more also included Thor Brown, who last year was with the Corcoran Group but recently joined Elliman (No. 72 with $54.9 million); Elliman’s Alison Newton (No. 73 with $54.53 million); Elliman’s Cara Coniglio McClure (No. 79 with $52.02 million); Elliman’s Lisa Wilkinson (No. 85 with $49.24); Corcoran’s Bill Yahn (No. 90 with $47.92 million); Ashley Copeland of Brown Harris Stevens (No. 96 with $46.99 million; Alan Quartucci of Brown Harris Stevens (No. 98 with $46.75 million); Patricia Mahaney of Sotheby’s (No. 115 with $42.99 million), Simon Isaacs of Simon Isaacs Real Estate (No. 116 with $42.78 million) and Fern Fodiman of Sotheby’s (No. 126 with $40.61 million).

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 5/7

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

Other Palm Beach agents, whose sales volume totaled between $30 million and $40 million, were also on the list of the state’s top producers. They included: Christine Gibbons of Sotheby’s (No. 136 with $39.05 million); Lisa Cregan of Sotheby’s (No. 144 with $37.61 milllion); Elliman’s Burt Minkoff (No. 154 with $36.43 million); Rosalind Clarke of Premier Estate Properties (No. 156 with $35.85 million); Elliman’s Kim Spear (No. 165 with $35.16 million); Sotheby’s Carole Koeppel (No. 176 with $34.24 million); Elliman’s Micahel Costello (No. 185 with $33.4 million); Manuela Yanez of William Raveis South Florida (No. 201 with $32.29 million) and Ashley O’Neil of Brown Harris Stevens (No. 206 with $31.22 million).

Rounding out the state sales-volume list were Palm Beach agents Blair Kirwin of Brown Harris Stevens (No. 231 with $29.56 million); Jonathan Moss of Sotheby’s (No. 263 with $27.62 million); Betty Anne Schneider of William Raveis (No. 278 with $26.52 million); Bobby Goodnough of Sotheby’s (No. 284 with $26.07 million); Betsy Fry of Sotheby’s (No. 287 with $26.02 million); Lilly Leas Ferreira of Brown Harris Stevens (No. 292 with $25.72 million); Corcoran’s Don Todorich (No. 305 with $25.1 million; Stephen Simson of William Raveis (No. 314 with $24.48 million); Stephanie Lefes of Sotheby’s (No. 351 with $21.13 million); Maureen Woodward of Brown Harris Stevens (No. 376 with $22.23 million); Maryann Chopp of Sotheby’s (No. 404 with $21.66 million); Elliman’s Paul Pollack (No. 458 with $20.22 million); and Asha Janina Radtke of Sotheby’s No. 459 with $20.2 million).

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 6/7

6/11/2021

Survey ranks Palm Beach real estate pros among country's top producers

Palm Beach teams ranked among state's top producers In addition to the Jim McCann Group, six other “small” Palm Beach teams were ranked on the Florida list for their sales volume. Liza Pulitzer and Whitney McGurk of Brown Harris Stevens were ranked No. 32 with $80.25 million, followed by Carol Falciano and Ron Falciano of William Raveis (No. 46 with $66.73 million); The Kirkpatrick Team, headed by Sabra Kirkpatrik of Brown Harris Stevens (No. 55 with $62.16 million); Elliman’ The Scott Gordon Team (No. 96 with $47.83 million); Jack Elkins Team at William Raveis (No. 98 with $47.14 million); and Elliman’s Gottfried Wenzel, headed by Pamela Gottfried and Joan Wenzel (No. 195 with $32.02 million).

On the Florida list of “large”teams, Elliman’s Leavitt McIntosh Team was joined by Compass’ The Hall Group Palm Beach, led by Stephen Hall and ranked No. 31 with a sales volume of $74.06 million.

A disclaimer on “The Thousand” report clarifies its relationship to the Wall Street Journal: “The Wall Street Journal editors and newsroom were not involved in the creation or production of this special advertising section or its story selection.” * This is a developing story. Check back for any updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers… 7/7

7/12/2021

Palm Beach house flipped for $18M after it sold in April for $17M: deed

REAL-ESTATE

UPDATE: New golf-course house sold in April flipped in Palm Beach, deed shows The house at 259 Pendleton Ave. sold new in April for $17.45 million and just changed hands for $18.44 million. The new owners recently sold their Palm Beach townhouse for a reported $9.75 million.

Darrell Hofheinz Palm Beach Daily News Published 4:23 p.m. ET Jul. 7, 2021

Updated 2:59 p.m. ET Jul. 10, 2021

The buyers who in April paid a recorded $17.45 million for a new house with a guesthouse in Midtown Palm Beach have flipped the property for $18.44 million, the price documented with the deed.

The actual amount changing hands was higher because the property sold with its furnishings, according to sources familiar with the transaction.

The house at 259Pendleton Ave. had been listed unfurnished at $23.9 million with a “furnished option available upon request,” its sales description said.

The house was sold by a limited liability company managed by a married couple — real estate investors and developers Joseph Taylor and Hilary Budny of Newton, Pennsylvania, property and business records show.

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

1/5

7/12/2021

Palm Beach house flipped for $18M after it sold in April for $17M: deed

Taylor and Budny bought the house from its developer in a sale recorded April 20 and relisted it for sale a week later. It was under contract shortly thereafter, according to the multiple listing service.

The buyers were Thomas and Judith Iovino of New York City, the deed shows. Longtime seasonal residents of Palm Beach, the Iovinos late last month sold their Palm Beach townhouse at 180 Sunset Ave. for $9.75 million, according to an updated sales listing in the MLS. Thomas Iovino, a civil engineer, is chief executive officer of Iovino Enterprises of Great Neck, New York, and has founded other companies that provide engineering and other services to the construction industry, according to an online biographical sketch. Previously he was CEO of New York-based OHL North America and chairman of Judlau Contracting Inc., a subsidiary he founded. Those companies specialize in civil construction, including major transportation and infrastructure projects.

More: Palm Beach house that just sold for $17.45 million relisted at $23.9 million The eight-bedroom house on Pendleton Avenue was built on speculation by developer Todd Michael Glaser and a pair of investors. With 8,306 square feet, it stands on a double lot that backs up to 175 feet along The Breakers’ golf course. The half-acre property is several blocks north of Royal Palm Way. Taylor is president and CEO of Matrix Development Group, a real estate investment and development company based in Monroe Township, New Jersey, according to the company’s website. Budny is a partner and senior vice president at the same company, online sources show. The firm’s real

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

2/5

7/12/2021

Palm Beach house flipped for $18M after it sold in April for $17M: deed

estate portfolio includes residential, industrial, commercial and mixeduse development projects.

Brown Harris Stevens agent Margit Brandt returned to represent the sellers after acting on their behalf when they bought the property a little more than two months ago, shortly after the town issued the house a certificate of occupancy.

Broker Christian Angle of Christian Angle Real Estate presented the buyer in this week’s sale, according to the updated MLS listing. Angle declined to comment.

Angle handled both sides of the sale of the Iovinos’ fourbedroom townhouse, which they bought new in June 2017 for $5.65 million. Part of a duplex, the townhouse has 4,724 square feet of living space, inside and out. The development is one lot east of North County Road in the ocean block of Sunset Avenue.

More: New house built in 8 months brings $17.45M on Pendleton Ave. in Palm Beach: deed Brandt’s sale listing said the Pendleton Avenue house “combines traditional Florida elegance with all of the bells and whistles of modern living, smart technology and innovation.”

Most of the rooms afford views of the golf course as does the pergolatopped terrace off the second-floor master suite. The amenity list includes a generator, an elevator, a whirlpool spa, a 37-foot lap pool and an outdoor “rain shower.” With a two-car garage, the house has a detached two-bedroom guesthouse with its own kitchen and laundry area. https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

3/5

7/12/2021

Palm Beach house flipped for $18M after it sold in April for $17M: deed

Before Taylor and Budney bought the house, they had put it under contract in January while Glaser was finishing construction. By the time they closed their purchase in April, the market had grown considerably more competitive, with new houses especially in demand and prices escalating rapidly, Brandt said at the time.

The house is a rarity in Palm Beach because it captures direct golf course views.

Brandt declined to comment about the most recent sale, and the sellers couldn’t be reached.

Taylor and Budney owned the house through a Florida limited liability named 259 Pendleton PB LLC. A social-media post by Brandt says the home’s interior design and furnishings were handled by Brittany Peltz Buerstedde — daughter of longtime Palm Beachers Nelson and Claudia Peltz — of Sena Lifestyle Studio.

Agent Suzanne Frisbie of Premier Estate Properties represented Glaser’s side of the sale in April. He developed the house through his namesake company with two investors — Miami developer Jonathan Fryd and developer Scott Robins, president and CEO of Scott Robins Cos. in Miami Beach.

As previously reported by the Daily News, Glaser and his investment group this week paid a reported $85 million for Tarpon Island — Palm Beach’s only private island — with 2.27 acres in the Intracoastal Waterway just east of Everglades Island. Glaser said he planned to renovate and expand the existing 1930s-era house on the property for https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

4/5

7/12/2021

Palm Beach house flipped for $18M after it sold in April for $17M: deed

resale. The island was sold by private investor William Toll and his wife, Eileen. * This story was updated on July 10, 2021, the day the deed for the sale of 259 Pendleton Ave. was recorded by the Palm Beach County Clerk’s office. This is a developing story. Check back for updates. dhofheinz@pbdailynews.com @PBDN_hofheinz

https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/07/palm-beach-house-flipped-18-44-m-after-sold-april-17-45-m-mls/7831962…

5/5

TAKING PERSONAL SERVICE TO THE NEXT LEVEL Service and integrity paired with extensive real estate knowledge are the hallmarks of Christian Angle Real Estate. Specializing in exclusive luxury residences and commercial properties in Palm Beach and South Florida, Christian Angle Real Estate is amongst the elite of Palm Beach Island’s highest producing agencies. The firm’s success resides in a commitment to providing the highest level of service for clients with a discerning taste for sophisticated living.

Palm Beach offers a unique environment, both for work and play. As such, the Island is fast becoming not just the winter resort town of the Gilded Age, but is steadily attracting larger numbers of year-round residents. We are proud to help you navigate through the multiple facets that a seasonal or full-time move can mean. Our team of multilingual, dedicated and committed real estate professionals will be there to assist, every step of the way.

Christian Angle Real Estate is looking forward to making your real estate experience the most pleasurable - selling, buying or leasing, oceanfront estate or condo, residential homes or commercial properties. In South Florida, Christian Angle Real Estate has a steadfast reputation for delivering results for their clientele.

CHRISTIAN J. ANGLE President/Broker C 561.629.3015 cjangle@anglerealestate.com ANN-BRITT ANGLE Director of Operations T 561.659.6551 annbritt@anglerealestate.com

www.AngleRealEstate.com

T 561-659-6551