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Wackenhuts part with landmark house for $17.88 million in Palm Beach


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Wackenhuts’ Fatio-designed landmark sells for $17.88M to Moens-linked company, deed shows
An entity linked to real estate broker Lawrence A. Moens bought the Palm Beach house at 930 S. Ocean Blvd., which was designed by society architect Maurice Fatio and restored by Richard and Marie Wackenhut.
Palm Beach Daily News
Having carried out a meticulous restoration, Richard R. and Marie Wackenhut have parted with their landmarked Palm Beach house designed in 1929 by noted society architect Maurice Fatio. The sale was recorded Thursday at $17.88 million.
An ownership company linked to Rick Wackenhut, heir to the security-services fortune, sold the house at 930 Ocean Blvd., with its distinctive façade of quarried Keystone blocks. ....

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Hotel bookings picking up again


Vacation mode: Local tourists checking in at a hotel in Petaling Jaya. Hotels across the country are getting a boost in bookings for the Christmas and New Year holidays. GLENN GUAN/The Star
PETALING JAYA: Hotel bookings are gradually picking up at popular tourist destinations for the Christmas and New Year holidays.
However, bookings in city areas in Kuala Lumpur and Selangor remain low, say industry players.
Malaysian Association of Hotels chief executive officer Yap Lip Seng said bookings were on the rise, mostly at resort hotels in beach and island areas, with hotel bookings in Kuala Lumpur remaining low. ....

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