Residents from the cellular parks are concerned The brand new house owners will elevate rent selling prices to a read more point exactly where longtime citizens can not pay for to pay for.
Neighboring inhabitants expressed many objections in regards to the proposed dock, including the ask for that it extend in excess of six toes, which might exceed zoning prerequisites. Palm Beach every day information author Kristine Webb specifics the many nautical drama in her Tale.
The 3 Males have invested in other Glaser-managed initiatives in Palm Beach and Miami-Dade County, exactly where the developer built his occupation in advance of turning his awareness to purchasing, developing, renovating and advertising homes in Palm Beach over the past various a long time.
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Glaser previously informed the Palm Beach every day information that a confidentiality agreement prevents him and Other folks associated with the sale from talking about the transaction or the client.
Tarpon Island already held the file for your priciest Palm Beach lakefront residence at any time offered, a difference it gained when Glaser and his investors bought it for $85 million in the summer of 2021 from its longtime house owners, non-public investor William Toll and his spouse, Eileen.
The Peters’ sales listing described the whole lot as currently being in the “primary spot” that provides “the ideal haven for maritime fans” to develop a “aspiration residence,” thanks to its reasonably deep h2o.
“I just would like he experienced let's purchase the park,” Philbrick mentioned. “I think it might have solved a lots of complications.”
But its potential may very well be tied up — that is a horsey pun, albeit a nasty just one — because of a legal battle brewing in between Wellington ability broker Mark Bellissimo and a ecu investment decision organization.
At that time the residence also was listed at a pre-development price of $210 million, which might have bundled the renovated house, in advance of hitting the superior of $218 million.
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