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2020-21 saw influx of art galleries that followed clients to Palm Beach


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COVID-19 certainly made Palm Beach the place to be for gallery owners.
Wanting to be near customers who were not traveling because of the pandemic, gallery owners came to where the action is to open up satellite spaces here. Along with the cancellation of major fairs such as Art Basel in Miami, the travel restrictions have limited galleries’ in-person contact with their clients, many of whom have stayed put in places far from New York. 
A tempting share of these clients are spending the winter within driving distance of Palm Beach. Among the town’s attractions: a booming real estate market, numerous billionaires on the most recent Forbes 400 list, and several major collectors who live here. ....

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Billionaire Steve Wynn Buys Palm Beach Mansion for $49M


Steve Wynn with 1350 North Lake Way (Photos via Getty, Google Maps)
Billionaire former casino mogul Steve Wynn paid $49 million for a lakefront estate in Palm Beach.
Records show developers Patrick and Lillian Carney sold the 13,375-square-foot mansion at 1350 North Lake Way to an entity that lists Wynn Fine Art’s Las Vegas address and is managed by Nathan Lloyd.
Last month, the Carneys sold an oceanfront mansion in Palm Beach to hedge fund billionaire and Carolina Panthers owner David Tepper for about $68 million.
Wynn, founder and former chairman and CEO of Wynn Resorts, is no stranger to Palm Beach. In 2019, he paid $43 million for the oceanfront mansion at 1960 South Ocean Boulevard. A year earlier, he sold the lot at 1350 South Ocean Boulevard for more than $20 million. ....

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Aerin Lauder Interview About How Florida's Palm Beach is Booming


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.” ....

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