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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.
3/29/2021 EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/28/exclusive-landmark-palm-beach-house-fetches-57-m-mls-shows/7011767 1/4 REAL-ESTATE EXCLUSIVE: Landmarked mansion sells for $57M in Palm Beach’s Estate Section: MLS
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.
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.
More: Lakeside estate priced at $65M under contract in Palm Beach, MLS BrokershowsChristian
The estate, with its recently renovated house, hadn’t changed hands since 1987, when Tollman paid $2.7 million for it, property records show.
3/29/2021
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.
EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows
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.
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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.
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 Red Carnation Hotel Collection includes 19 properties, including six in London — the Egerton House Hotel, The Chesterfield Mayfair, The
Elsewhere, a garden bridge crosses over a koi pond. There’s also also an outdoor kitchen.
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.”
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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.
3/29/2021 EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows
https://www.palmbeachdailynews.com/story/business/real-estate/2021/03/28/exclusive-landmark-palm-beach-house-fetches-57-m-mls-shows/7011767
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.
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.
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From the archives: Group honors Tollman as 2012 top international Inhotelier1990, 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.
@PBDN_hofheinzdhofheinz@pbdailynews.com
3/29/2021 EXCLUSIVE: Landmark Palm Beach house fetches $57M, MLS shows
1/18/2021 Ford house sale biggest MLS-listed Palm Beach deal in nearly 4 years 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 REAL-ESTATE Kate Ford house sale biggest MLS-listed deal in nearly four years
But the deal holds another price distinction in a town where many of the largest deals are handled privately, outside the multiple listing service.
Darrell
Published 1:27 p.m. ET Jan. 16, 2021
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.
>>RELATED: Lakefront mansion of the late Kate Ford brings $55.15M in Palm Beach, deed shows
Sale of 300 N. Lake Way in Palm Beach recorded at $55.15 million this month. Hofheinz Palm Beach Daily News
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.
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.
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 AngleEstate.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.
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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. Trust buys house at 101 Indian Road for $49 million, a Palm Beach ‘spec’ record 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.
>>RELATED:
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>>RELATED:
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.
Fashion designer and wife buy 1930 S. Ocean Blvd., once the home of Conrad Black, who was pardoned in 2019 by former President Trump.
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.
7/9/2021 Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million 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 REAL-ESTATE Tommy Hilfiger closes third Palm Beach buy this year; reported price tops $46 million
Darrell Hofheinz Palm Beach Daily News Published 6:28 p.m. ET Jul. 8, 2021 Updated 10:11 p.m. ET Jul. 8, 2021
The estate measures about 3 acres with 300 feet of ocean and lake Thefrontage.salecomes 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.
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.
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.
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.
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7/9/2021
Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million
Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million
7/9/2021
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.
More: EXCLUSIVE: Tommy Hilfiger buys Palm Beach house for $9 million through ownership company, deed shows Renovations at the property
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The Millers made their own improvements to the property, building records show.
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.
“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.”
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.
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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
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
Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million
Negotiating on behalf of the Hilfigers was broker Christian Angle of Christian Angle Real Estate.
Broker Lawrence Moens of Lawrence A. Moens represented the seller in this week’s deal, his office confirmed.
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.
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.
7/9/2021
Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million
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.
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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.
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.
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.
7/9/2021
Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million
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7/9/2021
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.
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 Ocleppodesigner.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
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 Moensinvolved.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.
7/9/2021
In
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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. 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. @PBDN_hofheinzdhofheinz@pbdailynews.com
Tommy Hilfiger buys third Palm Beach estate; price reported at $46 million 7/7 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.
Landmarked seaside estate in Midtown brings $48.5M, MLS shows
Darrell Hofheinz Palm Beach Daily News Published 5:20 p.m. ET Mar. 16, 2021 Updated 7:45 p.m. ET Mar. 16, 2021
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.
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.
3/17/2021 Restored landmark house facing sea in Palm Beach sells for $48.5M: MLS 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 REAL-ESTATE
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.
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.
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.
ThehomeMediterranean-style
A deed had not recorded as of Tuesday at the Palm Beach County Courthouse, so the buyer’s identity hasn’t yet been revealed.
3/17/2021 Restored landmark house facing sea in Palm Beach sells for $48.5M: MLS
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.
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Original decorative ironwork, paneling and Mediterranean tile work were produced in architect Addison Mizner's workshop, which supplied materials to many Palm Beach homes.
Interior details include hand-stenciled cypress coffered ceilings, carved columns and heavy paneled doors original to the house.
More: Steve Wynn linked to $49M buy of Carneys’ custom Palm Beach
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 Thereports.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.
* This
3/17/2021 Restored landmark house facing sea in Palm Beach sells for $48.5M: MLS 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
Daily WynnNews.bought
@PBDN_hofheinzdhofheinz@pbdailynews.com
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. 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 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. Read the latest Palm Beach real estate news is a developing story. Check back for updates.
On
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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.
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6/7/2021 House sale on tip of Everglades Island in Palm Beach exceeds $32 million https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/07/house-sale-tip-everglades-island-palm-beach-exceeds-32-million/758351 1/4 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 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
‘Stunning corner lot’
https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/07/house-sale-tip-everglades-island-palm-beach-exceeds-32-million/758351 2/4 lagoon to the west end of Worth Avenue, the town docks and Casa Leoni, society architect Addison Mizner's Venetian-style masterpiece.
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.”
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.
House sale on tip of Everglades Island in Palm Beach exceeds $32 million
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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.
6/7/2021
Marble finishes The house has formal exterior architecture and interiors with polished marble floors, tray ceilings and deep crown moldings, according to a 2012
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..
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.
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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.
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House sale on tip of Everglades Island in Palm Beach exceeds $32 million 4/4 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 Onentryway.thewest 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.
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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. @PBDN_hofheinzdhofheinz@pbdailynews.com
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.
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.
Published 10:48 a.m. ET Nov. 23, 2021 Updated 10:59 a.m. ET Nov. 23, 2021
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.
11/23/21, 11:04 AM New house sells for $41 million on Billionaires Row in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/23/new-house-sells-41-million-billionaires-row-palm-beach/8717080002/ 1/4 REAL-ESTATE
Darrell Hofheinz Palm Beach Daily News
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.
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.
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 ocean-to-lake cul-de-sac lies a little more than a mile south of former President Trump’s Mar-a-Lago Club.
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.
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11/23/21, 11:04 AM New house sells for $41 million on Billionaires Row in Palm Beach
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.
In the neighborhood: Tennessee businessman, wife pay $10.15M for lakefront house in Parc Monceau enclave
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.
11/23/21, 11:04 AM New house sells for $41 million on Billionaires Row in Palm Beach
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 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.
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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
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3/8/2021 New house linked to Dr. Oz’s family brings $21.75M in Palm Beach 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 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
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.
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.
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.
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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.
New house linked to Dr. Oz’s family brings $21.75M in Palm Beach
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
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.”
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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.
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“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.
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.
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 house’s finishes include “intricate millwork ceilings, elegantly carved stone mantels and spectacular Moroccan detailing,” Angle’s listing says.
New house linked to Dr. Oz’s family brings $21.75M in Palm Beach
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.
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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. is a developing story. Check back for updates.
@PBDN_hofheinzdhofheinz@pbdailynews.com
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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.
* This
2/10/2021 Palm Beach lakeside home with landmarked element brings reported $31M https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/10/palm-beach-lakeside-home-landmarked-element-brings-reported-31-m/4 1/3 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.
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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
Palm Beach lakeside home with landmarked element brings reported $31M https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/10/palm-beach-lakeside-home-landmarked-element-brings-reported-31-m/4 2/3
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.
The landmark protection effectively applies to “a facade plus front yard designation,” according to town records.
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 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.
2/10/2021 Palm Beach lakeside home with landmarked element brings reported $31M https://www.palmbeachdailynews.com/story/business/real-estate/2021/02/10/palm-beach-lakeside-home-landmarked-element-brings-reported-31-m/4 3/3 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. @PBDN_hofheinzdhofheinz@pbdailynews.com
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
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.
Published 5:26 p.m. ET Jun. 1, 2021 Updated 5:33 p.m. ET Jun. 1, 2021
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
6/7/2021 Lakefront house on Dunbar Road brings $21 million in Palm Beach: MLS https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/01/lakefront-house-dunbar-road-brings-21-million-palm-beach-mls/74936640 1/3 REAL-ESTATE Lakefront house on Dunbar Road brings $21M in Palm Beach: MLS
6/7/2021 Lakefront house on Dunbar Road brings $21 million in Palm Beach: MLS
https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/01/lakefront-house-dunbar-road-brings-21-million-palm-beach-mls/74936640 2/3 half-mile north of Royal Poinciana Way.
More: Seaside condo in two-unit Las Ventanas building sells for $10.495 Donaldmillion 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
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 Angle’sshows. 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.
6/7/2021 Lakefront house on Dunbar Road brings $21 million in Palm Beach: MLS https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/01/lakefront-house-dunbar-road-brings-21-million-palm-beach-mls/74936640 3/3 Cury of Cury Groupbuilt Las Ventanas as well as the house the Dizneys just sold. * This is a developing story. Check back for updates. @PBDN_hofheinzdhofheinz@pbdailynews.com
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 TheRoad.house
Darrell Hofheinz Palm Beach Daily News Published 11:40 a.m. ET Dec. 2, 2021 Updated 11:45 a.m. ET Dec. 2, 2021
Toronto residents Adrian Tauro and his wife, Sloan Mauran, built the French Regencystyle house at 95 Middle Road.
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.
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 Theshow.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.
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.
12/2/21, 3:53 PM House completed this year sells for nearly $27M in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/house-completed-year-sells-nearly-27-m-palm-beach/8794752002/ 1/4 REAL-ESTATE
House finished this year brings $26.75 million in Palm Beach’s Estate Section, MLS shows
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 Agentlawn.Suzanne
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.
12/2/21, 3:53 PM House completed this year sells for nearly $27M in Palm Beach
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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.
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.
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
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 Allroom.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 “Thelawn.(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.”
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.
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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
12/2/21, 3:53 PM House completed this year sells for nearly $27M in Palm Beach
12/2/21, 3:53 PM House completed this year sells for nearly $27M in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/02/house-completed-year-sells-nearly-27-m-palm-beach/8794752002/ 4/4 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.
HSN star sells 1020 N. Lake Way, which she owned under her married name, Adrienne Newman.
6/7/2021 Beauty maven Adrien Arpel’s lakeside house tops $25 million in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/04/beauty-maven-adrien-arpels-lakeside-house-tops-25-million-palm-beach/ 1/4 REAL-ESTATE Beauty maven Adrien Arpel sells Palm Beach lakeside house for $25.38 million: MLS
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.
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.
Darrell Hofheinz Palm Beach Daily News Published 2:55 p.m. ET Jun. 4, 2021 Updated 5:15 p.m. ET Jun. 4, 2021
More: Seaside condo brings $9.41 million; sellers built new home
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.
Beauty, jewelry products
The layout includes a one-bedroom staff apartment with a separate Interiorentrance.amenities
include a fireplace, a formal dining room, a wet bar and floors covered in hardwood and parquet, according to the sales Arpellisting.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.
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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.
6/7/2021 Beauty maven Adrien Arpel’s lakeside house tops $25 million in Palm Beach
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.
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.
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
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
6/7/2021 Beauty maven Adrien Arpel’s lakeside house tops $25 million in Palm Beach
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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.
8/9/2021 Sea-to-lake estate brings $25.75 million near Palm Beach, deed https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523shows 1/4 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
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.
Sea-to-lake estate brings $25.75 million near Palm Beach, deed shows
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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.
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
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.
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
More: Manalapan estate with oceanside mansion goes for $28 million: IndeedMarch, 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.
8/9/2021 Sea-to-lake estate brings $25.75 million near Palm Beach, deed https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/07/sea-lake-estate-brings-25-75-million-near-palm-beach-deed-shows/5523shows 3/4
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.
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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.
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.
12/28/21, 11:24 AM Sale of estate tops $26 million in Manalapan, south of Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/28/sale-estate-tops-26-million-manalapan-south-palm-beach/9028097002/ 1/3 REAL-ESTATE
Darrell Hofheinz Palm Beach Daily News
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.
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.
Stretching from lake to sea, Manalapan estate sells for $26.25 million, MLS reports
Published 6:01 a.m. ET Dec. 28, 2021 Updated 9:29 a.m. ET Dec. 28, 2021
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
Another Manalapan sale: Sold for $19M, estate is third to sell in same block this year, MLS Demandshowsfor homes and vacant lots in the town has escalated over the past 18 months.
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.
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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.
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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.
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.
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.
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 empty-
Sale of estate tops $26 million in Manalapan, south of Palm Beach
12/28/21, 11:24 AM Sale of estate tops $26 million in Manalapan, south of Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/12/28/sale-estate-tops-26-million-manalapan-south-palm-beach/9028097002/ 3/3 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.
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
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.
Holly Bartlett, whose father is billionaire Charles B. Johnson of Franklin Templeton, had owned the house at 325 Garden Road since late 2015.
Published 3:08 p.m. ET Aug. 11, 2021
Darrell Hofheinz Palm Beach Daily News
8/11/2021 Billionaire’s daughter sells Palm Beach house for $13 million: MLS https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/ 1/4 REAL-ESTATE Palm Beach house owned by billionaire’s daughter sells for $13 million: MLS
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.
Billionaire’s daughter sells Palm Beach house for $13 million: MLS
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.
Related sale: Billionaire Charles Johnson linked to $21.75M buy of house built by Dr. Oz’s family
8/11/2021
https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/ 2/4 price reported in the multiple listing service will match the one to be documented at the Palm Beach County courthouse.
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.
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.
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.
Broker Christian Angle of Christian Angle Real Estate represented the buyer, according to the MLS listing updated Wednesday.
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.
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.
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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.
The L-shaped floor plan wraps around a south-facing swimming pool in the front courtyard. The grounds were designed by Nievera Williams Design.
House was listed in April at $16 million Bartlett had the Garden Road homesteaded.
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.
8/11/2021 Billionaire’s daughter sells Palm Beach house for $13 million: MLS
8/11/2021 Billionaire’s daughter sells Palm Beach house for $13 million: MLS https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/11/billionaires-daughter-sells-palm-beach-house-13-million-mls/5566962001/ 4/4 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
2/24/2021 Breakers Row oceanview condo fetches $7 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 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.
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.
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 Theoffice.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.
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.”
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Breakers Row oceanview condo fetches $7 million in Palm Beach
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Representing the buyer’s side was broker Lawrence Moens of Lawrence A. Moens Bernstein-Fealy,Associates.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.
2/24/2021 Breakers Row oceanview condo fetches $7 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/ 3/3 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.
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. all, the two single-story buildings have 12,914 square feet of living 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.
In
8/26/2021 Contemporary-style house fetches nearly $36 million in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/08/25/contemporary-style-house-fetches-nearly-36-million-palm-beach/5592054 1/4 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
space,
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.
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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.
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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.
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.
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. *
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Themillionlayout 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.
From the archives: Vacant lot on Jungle Road sells for nearly $8
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.
7/1/2021 Couple who sold estate to Bon Jovi last year sell another Palm Beach house 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 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.
Couple who sold estate to Bon Jovi last year sell another Palm Beach house
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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.
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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 Theavailable.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
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 BrokerWay.
Christian Angle of Christian Angle Real Estate handled both sides of the La Puerta Way deal, he confirmed Thursday. He declined further Anglecomment.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.
Couple who sold estate to Bon Jovi last year sell another Palm Beach house
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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.
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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.
@PBDN_hofheinzDhofheinz@pbdailynews.com
Couple who sold estate to Bon Jovi last year sell another Palm Beach house
7/14/2021 Custom home goes for $17.25 million in Palm Beach: MLS https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/13/custom-home-goes-17-25-million-palm-beach-mls/7956708002/ 1/4 REAL-ESTATE Custom home goes for $17.25 million in Palm Beach’s Estate
Theshow.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.
Published
Darrell Hofheinz Palm Beach Daily News 7:40 p.m. ET Jul. 13, 2021 Updated 7:52 p.m. ET Jul. 13, 2021
Section: MLS Interior designer Cynthia ‘Suzy’ Moran commissioned the house at 221 El Vedado Road and owned it through a limited liability company.
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 Designermillion.
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
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.
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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.
Designed for family visits
Heard the latest? Read more Palm Beach real estate news
“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.
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.
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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 CorcoranMLS.Group agent Suzanne Frisbie represented the buyer, the MLS Theshows.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.
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.
Custom home goes for $17.25 million in Palm Beach: MLS
When she purchased the property on El Vedado Road, Moran was represented by agent Tierney O’Hara, who is today with Sotheby’s
Ties to New Jersey
Moran’s professional resume includes tenure as principal at Greenfield Grange Inc., an interior design studio in Morristown, New Jersey.
From the archives: Don’t blink! Quick sales new normal, as Moran’s sale on Miraflores Drive shows
7/14/2021 Custom home goes for $17.25 million in Palm Beach: MLS https://www.palmbeachdailynews.com/story/business/real-estate/2021/07/13/custom-home-goes-17-25-million-palm-beach-mls/7956708002/ 4/4 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. @PBDN_hofheinzdhofheinz@pbdailynews.com
6/11/2021 Florida Top Real Estate Professionals https://www1.realtrends.com/best-real-estate-agents-florida/individuals-by-volume 1/37 ScrollDown&SelectYour volume&utm_referrer=https%3A%2F%2Fwww1.realtrends.com%2F&portal_id=6521591&redirect_url=APefjpE_oQ6xb82MdF499VYXiPkncV4e6185fee90a&hsutk=c7a000001bf5118012180179fbce436d&canon=https%3A%2F%2Fwww1.realtrends.com%2Fbest-real-estate-agents-e8eae3d5ebdb&signature=AAH58kG7gYiVYgzEYJK2Eb6twTQnJ34sZw&placement_guid=e262fa0c-d472-45f8-87b9-(https://info.realtrends.com/cs/c/?cta_guid=7b81f284-180d-423d-a2a6-State17fe63380d35&click=6fe773b3-a5a5-47eb-9edf-florida%2Findividuals-by-yoqsle8R5TOYO4iGv6V_N6DY3cURv0TBc-gHkLR4H-_mrKvFe3XkgneuC-cLNP95WtByCIbedCNnT_WSSH1XuSBni8mbfISGVWCJ_vrGlnlyuy-z_Akg) FLORIDA (https://www.realtrends.com/) a


6/11/2021 Florida Top Real Estate Professionals https://www1.realtrends.com/best-real-estate-agents-florida/individuals-by-volume 3/37 Rank First Name Last Name Company City State Volume Marketi 1+ Christian Angle ChristianAngleReal Estate PalmBeach FL $738,960,345.00 marketin(https://wOrder 2+ Ralph Harvey ListWithFreedom.com BeachBoynton FL $590,362,836.00 marketin(https://wOrder 3+ Dana Koch Corcoran PalmBeach FL $450,475,500.00 marketin(https://wOrder 4+ David Roberts Royal PropertiesPalm BocaRaton FL $407,164,778.00 marketin(https://wOrder 5+ Suzanne Frisbie Premier PropertiesEstate PalmBeach FL $405,562,500.00 marketin(https://wOrder 6+ Dora Puig LuxeLivingRealty BeachMiami FL $378,046,000.00 marketin(https://wOrder 7+ Dina Goldentayer DouglasElliman Miami FL $321,692,093.55 marketin(https://wOrder 8+ Gary Pohrer DouglasElliman PalmBeach FL $261,304,334.24 marketin(https://wOrder 9+ Beau Blankenship Engel&Völkers30A Beaches Santa BeachRosa FL $249,048,606.00 marketin(https://wOrder 10+ Todd Peter InternationalSotheby'sRealty PalmBeach FL $190,112,500.00 marketin(https://wOrder 11+ Robert Thomson WaterfrontProperties and CommunitiesClub Jupiter FL $182,073,500.00 marketin(https://wOrder 12+ Chris Deitz WilliamRaveisReal Estate,Mortgage& Insurance PalmBeach FL $171,337,500.00 marketin(https://wOrder 13+ Russell Post OceanReefClub InternationalSotheby'sRealty KeyLargo FL $169,192,000.00 marketin(https://wOrder 14+ Roger Pettingell ColdwellBanker Realty KeyLongboat FL $167,908,308.00 marketin(https://wOrder
Inlet
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
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.
the house that just sold through a Florida limited liability company, 113 E. Inlet LLC.
8/13/2021 House finished last year near inlet sells for $9 million in Palm Beach: deed 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
Darrell Hofheinz Palm Beach Daily News
Published 4:25 p.m. ET Aug. 13, 2021 Updated 4:39 p.m. ET Aug. 13, 2021
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.
WickDrive.owned
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.
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 couple’s main home and fronting the municipal dock that juts into the inlet at the end of North Ocean Boulevard.
“It is just a beautifully executed house,” McCann said Friday, the day after the deed was recorded. “It feels like a great beach house.”
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 TheBuilding.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.
House finished last year near inlet sells for $9 million in Palm Beach: deed
8/13/2021
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
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.
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 Thestreet.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
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. support our journalism. Subscribe today.
8/13/2021 House finished last year near inlet sells for $9 million in Palm Beach: deed 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 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 Meanwhile,sides.
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3/9/2021 New Palm Beach house brings $8.48M before it was listed in MLS 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 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 Thatsell. 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 MacTaggartout. 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
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.
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.
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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.
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.
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.
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.
* Darrell Hofheinz writes about real estate in his weekly “Beyond the Hedges” column. He welcomes news items about Palm Beach real estate
7/7/2021 Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS 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 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
Thetransaction.housewassold 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.
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 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.
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.
7/7/2021
Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS
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
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.
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
7/7/2021
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
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.
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.
Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS
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 Mostinnovation.”oftherooms 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.
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.
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
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 AgentStudio.Suzanne
7/7/2021 Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS
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 AsBeach.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.
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.
12/2/21, 9:34 AM Palm Beach house sale tops $12M, a $5M hike over sale a year ago 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 REAL-ESTATE
Sale last year:: Vollings buy new house for $7.44M on North End of Palm Beach
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.
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.
12/2/21, 9:34 AM Palm Beach house sale tops $12M, a $5M hike over sale a year ago
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
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 Agentsspa.
Todd and Frances Peter of Sotheby’s International Realtor represented the sellers, Todd Peter confirmed but declined further comment.
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
The parcel at 220 Jungle is in the Estate Section, where vacant land is scarce. Hofheinz Palm Beach Daily News Published 9:43 a.m. ET Jun. 24, 2021 Updated 9:43 a.m. ET Jun. 24, 2021
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.
Darrell
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.
6/24/2021 Palm Beach lot sold for $7 million in December just flipped for $12 million 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 REAL-ESTATE Palm Beach lot sold for $7 million in December just flipped for $12 million, records show
6/24/2021
Palm Beach lot sold for $7 million in December just flipped for $12 million
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 Twohome.”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 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.
Palm Beach lot sold for $7 million in December just flipped for $12 million
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. is a developing story. Check back for updates.
6/24/2021
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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.
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 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 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 Ziskaoffice.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.
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.
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.
Darrell Hofheinz Palm Beach Daily News Published 10:59 a.m. ET Aug. 20, 2021 Updated 12:08 p.m. ET Aug. 20, 2021
REAL-ESTATE Phelps family sells North End custom home for $16.58 million in Palm Beach
8/20/2021 Phelps family sells North End custom home for $16.58 million in Palm Beach 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
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Angle confirmed he handled both sides of the sale but declined further comment.
Phelps family sells North End custom home for $16.58 million in Palm Beach
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.
8/20/2021
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.
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.
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.
8/20/2021 Phelps family sells North End custom home for $16.58 million in Palm Beach 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 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
Top 250 Individual Real Estate Professionals by SALES VOLUME 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. Ben Caballero Dallas,HomesUSA.comTX $2,460,278,080.00 2. Christian Angle Christian Angle Real Estate Palm Beach, FL $738,960,345.00 3. Ralph Harvey BoyntonListWithFreedom.comBeach,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 PalmCorcoranBeach, 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 Carmel-by-the-sea,RealtyCA $354,561,466.00 15. Harald Grant Sotheby’s International Realty Southampton, NY $343,944,500.00 NAME COMPANY 2020 SALES VOLUME 2021 THOUSANDTH E +

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.
1/7/2021 Remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach 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 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
1/7/2021
Remodeled house brings $12.7M at 273 Tangier Ave.
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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.
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 Theshows.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
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.
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. Berks to face fourth time Tangier Avenue
home addition @PBDN_hofeheinzdhofheinz@pbdailynews.com
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 MLS shows. McIntosh and McPherson declined to comment. Angle and the Berks couldn’t be reached.
1/7/2021 Remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach
>>FROM THE ARCHIVES:
before architectural board over
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.
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.
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.
Published 5:37 p.m. ET Nov. 12, 2021 Updated 9:52 a.m. ET Nov. 15, 2021
House built in 2007 fetches $25.4 million in Midtown Palm Beach
Darrell Hofheinz Palm Beach Daily News
The house and poolside guesthouse at 200 Clarke Avenue last changed hands new 14 years ago for $9.4 million.
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.
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.
11/16/21, 5:40 PM Sale of house built in 2007 tops $25 million in Midtown Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/11/12/sale-house-built-2007-tops-25-million-midtown-palm-beach/8591670002/ 1/3 REAL-ESTATE
Winchester is associated in public records with VW Management Inc. and a number of real estate companies.
Broker Linda Olsson of Linda R. Olsson Inc., Realtor, handled the buyer’s side of the sale, the MLS Olssonshows.andAngle declined to comment, and Winchester couldn’t be reached immediately.
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.
This* is a developing story. Check back for updates.
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Asking big bucks: Listed for $210 million: Six unusual facts about Palm Beach's only private Winchesterislandbought
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.
11/16/21, 5:40 PM
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
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.
Sale of house built in 2007 tops $25 million in Midtown Palm Beach
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A renovated house built in 1928 in Midtown Palm Beach has sold for a recorded $9.395 million, the price documented with the deed.
1/20/2021 Real estate CEO, wife sell Palm Beach house in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/19/real-estate-ceo-wife-sell-palm-beach-house-palm-beach/4215592001/ 1/3
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.
Darrell Hofheinz Palm Beach Daily News
REAL-ESTATE House fetches $9.4 million on Cocoanut Row in Midtown Palm Beach
Published 2:29 p.m. ET Jan. 19, 2021 Updated 3:04 p.m. ET Jan. 19, 2021
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.
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
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.
John Snyder had the property homesteaded in the latest Palm Beach County tax rolls, records show.
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.
1/20/2021 Real estate CEO, wife sell Palm Beach house in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/19/real-estate-ceo-wife-sell-palm-beach-house-palm-beach/4215592001/ 2/3 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
The listing also mentioned a graceful staircase, one of Volk's architectural Brokersignatures.Christian
The house was designed by Volk & Maass, the architectural firm of the late partners and noted society architects John L. Volk and Gustav Maass.
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.
1/20/2021 Real estate CEO, wife sell Palm Beach house in Palm Beach https://www.palmbeachdailynews.com/story/business/real-estate/2021/01/19/real-estate-ceo-wife-sell-palm-beach-house-palm-beach/4215592001/ 3/3 Agent Elizabeth DeWoody of Compass Florida handled the buyer’s side of the Becausesale. 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.
6/11/2021 Survey ranks Palm Beach real estate pros among country's top producers https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers 1/7 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
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 Thecriteria.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.
More: Palm Beach home sales skyrocket in fourth quarter, reflecting a go-go Knownyearas“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.
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.
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6/11/2021 Survey ranks Palm Beach real estate pros among country's top producers
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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
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.
Survey ranks Palm Beach real estate pros among country's top producers
6/11/2021
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” Inlist.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 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%.”
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.)
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).
6/11/2021 Survey ranks Palm Beach real estate pros among country's top producers https://www.palmbeachdailynews.com/story/business/real-estate/2021/06/11/survey-ranks-palm-beach-real-estate-pros-among-countrys-top-producers 5/7
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).
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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).
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).
Wall
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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. “The Thousand” report “The Street
clarifies its relationship to the Wall Street Journal:
A disclaimer on
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. @PBDN_hofheinzdhofheinz@pbdailynews.com
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).
7/12/2021 Palm Beach house flipped for $18M after it sold in April for $17M: deed 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 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.
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.
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.
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 actual amount changing hands was higher because the property sold with its furnishings, according to sources familiar with the transaction.
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.
Palm Beach house flipped for $18M after it sold in April for $17M: deed
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
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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.
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 estate portfolio includes residential, industrial, commercial and mixeduse development projects.
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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.”
Palm Beach house flipped for $18M after it sold in April for $17M: deed
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.
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.
The house is a rarity in Palm Beach because it captures direct golf course Brandtviews. declined to comment about the most recent sale, and the sellers couldn’t be reached.
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Palm Beach house flipped for $18M after it sold in April for $17M: deed
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
AsBeach.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
Taylor and Budney owned the house through a Florida limited liability named 259 Pendleton PB LLC.
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
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 AgentStudio.Suzanne
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.
7/12/2021 Palm Beach house flipped for $18M after it sold in April for $17M: deed 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 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. @PBDN_hofheinzdhofheinz@pbdailynews.com
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