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Palm Beach Mayor Gail Conigio’s family and an investment partner have sold, for a recorded $7.15 million, the landmarked commercial building they owned for nearly 25 years at the northeast corner of Royal Poinciana Way and Bradley Place. The new owner of 283 Royal Poinciana Way is a limited liability company affiliated with West Palm Beach real estate investor and businessman Edward “Ned” P. Grace Iv, the deed recorded Tuesday shows. He is the sole manager of 283 Royal Poinciana Way LLC, state business records show. Grace, who co-founded NDT Development, played a key role in 2018 when Boston-based New England Development bought, for $15.4 million, the landmarked 1920s-era hotel building immediately north of the property that just changed hands. Formerly the Bradley Park Hotel, the hotel reopened this season as The White Elephant after a major renovation at the corner of Sunset Avenue and Bradley Place. ....
NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Longtime Palm Beacher and Warhol friend Jane ‘Baby Jane’ Holzer sells house for $7.55M: deed Holzer inherited her house, which was built by her late parents and just sold for $7.55 million at 147 Dunbar Road. In the 1960s, Holzer was among the late artist Andy Warhol’s coterie in New York. Darrell Hofheinz Palm Beach Daily News Worth Avenue landlord Jane Holzer who became famous in the 1960s as “Baby Jane” Holzer, when she starred in avant-garde films made by the late Andy Warhol has sold her longtime house on the near North End. The deed for 147 Dunbar Road was recorded Friday at $7.55 million. The house stands in the ocean block of Dunbar Road, about a half-mile north of The Breakers. ....
NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Palm Beach home sales skyrocket in fourth quarter, reflecting a go-go year: reports Single-family Q4 home sales were up by more than 300 percent year over year, sales analyses show, with 2020 sales volume setting records in Palm Beach. Darrell Hofheinz It was the boom few would have predicted. But one of the unanticipated effects of the coronavirus pandemic was that it helped light a fuse that sent Palm Beach real estate skyrocketing to record-setting heights in 2020, capped by a burst of fourth-quarter sales documented in a new round of sales reports. The total number of single-family transactions 289 in Palm Beach last year jumped 122% over the previous year, according to the fourth-quarter report prepared by agent Suzanne Frisbie at Premier Estate Properties. And 2020 ended “with often-staggering, record-breaking highs,” Frisbie wrote in her report. ....