Florida Luxury Homeowners Flip Properties During Boom therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Florida Luxury Homeowners Flip Properties During Boom therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Igor Tulchinsky and 12088 Banyan Road (Getty, Douglas Elliman)
WorldQuant Asset Management founder Igor Tulchinsky flew from New York to spend the day in Palm Beach and bought a nearly $40 million oceanfront estate in the process.
“We flew down for a few hours, saw it, picked it,” said Ryan Serhant of Serhant, who represented the hedge fund manager in his purchase of 12088 Banyan Road in North Palm Beach. Ohio real estate scion and casino developer Jeffrey Jacobs sold the 18,852-square-foot, nine-bedroom mansion, according to property records.
Tulchinsky, chairman and CEO of Greenwich, Connecticut-based WorldQuant, also plans to open offices throughout Florida, Serhant said.