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Worcester AC Hotel sold to Bridgewater real estate investor for $40M
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Richard C True sells home at 301 Polmer Park in Palm Beach to Patrick Carney
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EXCLUSIVE UPDATE: Steve Wynn linked to $49M buy of Carneys’ custom Palm Beach home
Developer Pat Carney parts with his house at 1350 N. Lake Way, three weeks after selling billionaire David Tepper a mansion across town for recorded $68 million.
Palm Beach Daily News
Billionaire casino and hotel magnate Steve Wynn who already owns two estates in Palm Beach is linked to the buyer’s side of a $49-million deal that just closed on the opposite end of the island for a lakefront mansion on North Lake Way, records show.
In the off-market sale, a Wynn-affiliated company bought 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. The sale came just three weeks after the Carneys sold for a recorded $68.4 million their recently completed oceanfront Palm Beach mansion to a company controlled by hedge-fund
Power 100: A – M
Leslie Anderson
Anderson is the president and chief executive officer of the New Jersey Redevelopment Authority the first and only African-American woman in the nation to lead an independent redevelopment financing agency, and thanks to her effectiveness she has been reappointed to this position by four consecutive governors. Since Anderson took over more than a decade ago, the authority has leveraged nearly $4 billion in new investments – including about $500 million in direct investments – in some of the state’s most economically distressed communities. That funding has been vital to redevelopment efforts around New Jersey, with the authority claiming credit for 15,000 new housing units and more than 10 million square feet of commercial and retail space. And the authority is now poised to play a significant role in the Opportunity Zone program. In response to the COVID-19 pandemic, NJRA created the Small Business Lease-Emergency Assistance Grant Program
Never-lived-in house at 905 N. Ocean Blvd. was sold by longtime Palm Beachers Pat and Lillian Carney.
Palm Beach Daily News
Hedge-fund billionaire David Tepper and his wife, Nicole, are on the buyer’s side of an off-market sale that closed Friday for as much as $73 million for a never-lived-in oceanfront mansion on the North End of Palm Beach, sources have confirmed for the Palm Beach Daily News.
The price recorded late Friday afternoon with the deed for 905 N. Ocean Blvd. was $68.385 million. Recorded prices are often lower than contract prices because the latter may include items such as real estate commissions, fees and furnishings, real estate observers say.
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