Ken Griffin’s House Hits 60,000 Square Feet

Ken Griffin’s House Hits 60,000 Square Feet

 

Read original From The Shiny Sheet

Palm Beach resident Ken Griffin today got the official green light to expand slightly the long-and-lean seaside house he wants to build on Billionaires Row, where the hedge-fund billionaire already had earned town approval for a residence stretching more than a football field in length.

The house’s main level increased by almost 4,500 square feet of interior space to just under 38,000 square feet in the revisions unanimously approved by the Architectural Commission. The service basement adds another 22,300 square feet, creating a 60,000-square-foot building.

The house at 1265 S. Ocean Blvd. now measures 476 feet in length — 10½ feet longer […] Read more

An Amazing Evening At Mar A Lago !!

An Amazing Evening At Mar A Lago !!

We had an absolutely incredible evening at Mar A Lago on Thursday.  I would like to extend my sincere thanks to everyone who attended and our sponsor who made it all possible, Castle Ridge Asset Management.

The feedback has been fantastic with the food, location, seminar, and staff all being world class.  A small group headed to the after-glow at the iconic HMF club at the Breakers afterward carrying on the festivities long into the evening.

Here are a few photos of the event.  Looking forward to seeing you at our next soiree’!

 

Palm Beach Hedgefund Association At Mar-a-Lago on Thursday, March […] Read more

25 Billionaires Call Palm Beach Home

25 Billionaires Call Palm Beach Home

As if hedge funds needed another reason to relocate to Palm Beach!  According to Forbes 2016 list of the world’s billionaires, 25 call the tiny island of Palm Beach home.  Talk about a massive concentration of wealth!

Here is a list compiled by the Palm Beach Daily New‘s Darrell Hofheinz of billionaires with connections to Palm Beach,

Here is a list of other Palm Beachers who made Forbes’ cut — some with primary homes here, some seasonal residents and still others who simply own property on the island. This list also notes some of those islanders’ whose net worth changed dramatically from […] Read more

Billionaire Hedgies Work To Improve West Palm Beach

From PB Post

Purpose Built Communities, an Atlanta nonprofit backed by billionaires Buffet, former hedge fund manager Julian Robertson and Atlanta developer/former Atlanta Hawks owner Tom Cousins, spent three days touring the city and meeting with local leaders. It has its eyes on West Palm Beach’s Northwest, Coleman Park and Pleasant City neighborhoods, areas of entrenched, generational poverty, that are home to 4,700 people.

The foundation picks small…… read more

[…] Read more

Ken Griffin Affiliate Buys Another Palm Beach Home

From South Florida Business Journal

A company controlled by Chicago-based hedge fund Citadel bought a Palm Beach mansion for $15.25 million – snaring five properties on the same street of the wealthy island.

Tracy Kamenstein Markin, the widow of an automotive executive, sold the 10,873-square-foot house at 70 Blossom Way to CPPB Holdings, an affiliate of the hedge fund led by Kenneth Griffin. It was built on the landlocked site of 1.45 acres in 1987 and given an addition in 2012. The home has four bedrooms, eight bathrooms, a pool and a tennis court.

 

The buyer immediately filed […] 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