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Billionaire Financier Plunks Down $49 Million for Palm Beach New Build

Mansion Global
Billionaire Financier Plunks Down $49 Million for Palm Beach New Build
The home has water frontage on two sides and 17,000 square feet of interior space
By Liz Lucking
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This newly built Palm Beach mansion has sold for $49 million.
Bing Maps
The property market in the Florida enclave of Palm Beach has been recording high-end deal after high-end deal of late, as wealthy buyers rush to the Sunshine State amid the coronavirus and the ease of remote work.
The latest multimillion-dollar mansion to change hands comes in the form of a brand new, contemporary home that sold Tuesday for $49.1 million, according to property records. ....

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Billionaire pays $49M for 'spec' mansion in Palm Beach, deed shows

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UPDATE: Billionaire buys ‘spec’ mansion on Everglades Island for $49 million: deed
Investments manager James G. Dinan of York Capital Management and wife buy house at 520 Island Drive with lakefront on two sides, thanks to its site on the north end of Everglades Island.
Palm Beach Daily News
A billionaire hedge-fund manager is the new co-owner of a never-lived-in California-style contemporary mansion that just sold for a recorded $49.142 million on Everglades Island.
James G. Dinan and his wife, Elizabeth R. Miller, bought the house with waterfront on two sides at 520 Island Drive, according to the deed recorded Tuesday by the Palm Beach County Clerk’s office. ....

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James Dinan Buys Palm Beach Mansion from Corey Schottenstein

James Dinan and Elizabeth Miller and the property (Josh Quick, J. Quick Studios, Getty)
Billionaire hedge fund manager and Milwaukee Bucks co-owner James Dinan purchased a waterfront spec mansion in Palm Beach.
Dinan, founder and CEO of New York-based York Capital Management, and his wife, Elizabeth Miller, paid about $49.1 million for the 13,025-square-foot estate at 520 Island Drive. Luxury home builder Corey Schottenstein of Schottenstein Real Estate Group sold the Everglades Island property, records show. The price likely does not include commissions and other costs, including furniture.
Corey Schottenstein (Schottenstein Real Estate Group)
Dinan’s net worth is $1.9 billion, according to Forbes. He’s the latest billionaire to buy a luxury estate in Palm Beach, where residential inventory is scarce and most deals are now off market. ....

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Palm Beach 'Spec' house price raised to $56 million at 520 Island Dr.

Palm Beach 'Spec' house price raised to $56 million at 520 Island Dr.
palmbeachdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from palmbeachdailynews.com Daily Mail and Mail on Sunday newspapers.

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Schottenstein family plans 300-acre Liberty Township development

Schottenstein family plans 300-acre Liberty Township development
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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