Inside Ryan Tolkin s Rise at Schonfeld Strategic Advisors businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Moens’ marketing materials described the house as “an oceanfront residence of unparalleled quality and timeless appeal.”
Property last sold in 2001
Edward Watkins formerly owned Simplex Time Recorder, a Massachusetts company started by his grandfather. Watkins expanded the company into fire alarms and security systems, and sold it for $1.2 billion to Tyco International in 2000, according to news reports at the time.
The Watkins trust paid a recorded $17.68 million for the South Ocean Boulevard property in 2001, according to property records. Crews demolished a seven-year-old house there to accommodate the mansion that just sold.
The Watkinses have a lakefront Georgian-style house at 735 Island Drive on Everglades Island, which they bought in October 2017 for a recorded $23.8 million using an ownership company, property records show.
How Palm Beach became Hamptons South for the Super Rich migrating from New York tatler.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tatler.com Daily Mail and Mail on Sunday newspapers.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. Steven Schonfeld and his senior management continue to grow their team. Michael Nagle/Getty
From a first-ever CEO to a training program for investors, big changers are afoot at Schonfeld Strategic Advisors.
We ve got the newest letter to investors that details the plans for the $6 billion hedge fund that has grown a lot since opening to outside capital five years ago.