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...Read More
By Leah McGrath Goodman PBHFA Founder David Goodboy Featured in Newsweek Article he night I flew into West Palm Beach, a string of deadly tornadoes ripped across Florida. High winds pounded surf against jagged coastline and whipsawed the 100-foot-tall trees along Royal Palm Way—what locals call Bankers’ Row. It was just a few days after...Read More
BY Bess Levin Read original here In simpler times, Mar-a-Lago was a mere Palm Beach club, owned by a businessman who often feuded with the locals over things like the height of his flags and whether or not officials were routing air traffic overhead as a “deliberate and malicious act.” Now, it’s the new...Read More
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...Read More
From Palm Beach Daily News By Darrell Hofheinz Daily News Real Estate Writer For the first time ever, an owner of a Palm Beach estate will pay more than $2 million in property taxes, thanks to the 2015 tax roll recently certified by the state. Luckily for him, the fellow involved has deep pockets. It’s...Read More
Source: Wall Street Journal CHRISTIAN BERTHELSEN Updated Oct. 12, 2015 8:03 p.m. ET 0 COMMENTS Andrew Hall’s faith in an oil-market rebound isn’t shaken, but it isn’t paying off, either. The main fund at Mr. Hall’s Astenbeck Capital Management LLC lost 7% in September, according to investor documents reviewed by The Wall Street Journal, leaving...Read More
From The Real Deal– read more here Inventory may stand at record low September 18, 2015 09:45AM By Dan Weil Prices for homes in the town of Palm Beach, both single-family houses and condos, continue to soar, as wealthy Americans and foreigners remain enamored with the beachside paradise. “People have no other place as...Read More
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...Read More
From NYT Jean Pigozzi, the venture capitalist and art collector, was lounging by the pool at his villa in Cap d’Antibes early this month, enjoying a rare break from what he calls “the circuit.” After attending the World Economic Forum in Davos in January, he flew to the TED ideas conference in Vancouver, mingling with...Read More
