Nicholas Mele
Early in the Covid-19 pandemic, Jeffrey Tousey, the thirtysomething founder of social media agency Beekman Social, and his partner, developer Billy Gilbane III, looked out the windows of their country home among the Finger Lakes in upstate New York and saw snow coming down. It was May.
The couple knew they didn’t want to spend another winter or even a spring up north. Having both taken their work fully remote, they sought a warmer clime, but somewhere in the same time zone and with direct flights to New York. They decided to house-hunt in Palm Beach.
“We’d scroll through Zillow every night, and there wasn’t a lot of inventory,” Tousey recalls. They settled on a 1950s bungalow in Palm Beach that they’re now renovating while they rent from a family friend nearby. “We basically beat the rush by a week.”
Palm Beach to interview four firms in effort to boost retail
Palm Beach Daily News
Palm Beach s effort to resurrect its struggling shopping areas moved forward Tuesday as a special committee agreed to evaluate four firms offering to improve those places.
An appointed committee of town officials and residents unanimously agreed to interview four companies on Friday that would help the town plan how to fill empty storefronts and simplify town rules that might be blocking shops from opening.
Dozens of storefronts have been rendered vacant as pandemic-related shutdowns of non-essential businesses put even more stress on shops already struggling to keep up with online retailers.
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Former Handelsman properties, including post office building, bring $21M in bankruptcy sale
A court approved the sale of three properties owned by entity once controlled by Worth Avenue landlord Burt Handelsman.
Darrell Hofheinz
Palm Beach Daily News
Three Palm Beach commercial properties including the building that houses the South County Road post office and part of another one facing Worth Avenue have changed hands for a recorded $21 million in a sale sanctioned by a U.S. bankruptcy court.
The limited partnership that sold the buildings, Hals Realty Associates LP, was for years controlled by longtime Worth Avenue property owner and landlord Burt Handelsman. But the limited partnership was managed by a court-appointed bankruptcy trustee when the sale closed Jan. 13 in the Chapter 11 case, court records show. The deed of sale recorded Tuesday.
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