Tudor Investment Corp Sells Land To Brunswick School

Tudor Investment Corp Sells Land To Brunswick School

Original article  From Greenwich time

GREENWICH — Hedge fund giant Paul Tudor Jones has confirmed his company’s intention to sell its property on King Street to Brunswick School, a move that could enlarge the private school’s campus by almost half and nearly double its classroom space.

The deal is not official but an agreement in principle has been reached between the school and Tudor Investment Corporation for the 43 acres. A price has not been revealed by the school and is not expected to be announced until the sale is final.

According to Tudor spokesman Patrick Clifford the company expects to move from its offices […] Read more

Hedge Fund Pioneer E. Lee Hennessee-Gradante Found Dead

Hedge Fund Pioneer E. Lee Hennessee-Gradante Found Dead

It is with great sadness that the PBHFA learns of hedge fund pioneer E. Lee Hennessee-Gradante sudden passing at the age of 64.

From the Palm Beach Post

 

She was found in her $1.6 million condo Saturday, but her identity was not immediately released by police.

“Lee touched us all in a way that will have a lasting positive impact on my life and the lives of so many others,” said Charles Gradante, her husband and business partner and fellow media pundit, in a statement.

E. Lee Hennessee-Gradante

She broke ground as a woman on male-dominated Wall Street, creating a hedge fund index and becoming a […] Read more

Palm Beach Office Market Heats Up

From The Real Deal: Read More Here

By Dan Weil

 

The office real estate market continues to heat up in Palm Beach County amid buoyant fundamentals, experts say. “It’s definitely strong,” said Bill Reichel, president of Reichel Realty & Investments, a commercial real estate services firm in Palm Beach Gardens. “It’s a matter of supply-demand and the strong economy. It’s pretty simple,” he told The Real Deal. The strong economy is lifting demand, and no new Class A product has been built in the central and northern parts of the county since West Palm Beach’s CityPlace Tower opened in 2008. “Everything is […] Read more

Paul Tudor Jones Mortgages Palm Beach Home For $53 million

Two months after spending $71.2 million on a landmark oceanfront estate in Palm Beach, billionaire hedge funder Paul Tudor Jones II signed a $53.4 million mortgage for his new property, The Real Deal has learned. The home was the last remaining piece of Casa Apava, a historic 11-acre site that was purchased by developer Dwight Schar in 2004 and sold off in chunks last year. Schar and his wife Martha paid $85.6 million for the estate — including furnishings — along with three lakeside lots, according to the Palm Beach Post.

Now, the two have collected a whopping $116 million from […] Read more