Robert and Dana Kraft with 110 Sunset Avenue (Google Maps, Getty)
The billionaire owner of the New England Patriots scored a penthouse in Palm Beach front for $23.8 million, a city file for condo income.
Robert Kraft and his wife, Dana, acquired unit E4B at the oceanfront Leverett Home making, at 110 Sunset Avenue, residence records display. The estate of the late Erving and Joyce Wolf marketed the penthouse. Erving, who died in 2018, was in the oil and gasoline business, and his spouse died in August of this yr. The Wolfs ended up main art collectors, and endowed The Erving and Joyce Wolf Gallery at the Metropolitan Museum of Art in New York.
Kraft procured the Palm Beach device by means of the Delaware entity Leverett Dwelling PB LLC. The 5,000-square-foot unit has 4 bedrooms, five and 50 percent bathrooms, and a 1,300-sq.-foot terrace, in accordance to the listing and residence information. The building was produced in 1982.
Dana Koch and Paulette Koch of the Corcoran Group represented the seller. Christian Angle of Christian Angle True Estate represented the Krafts.
Kraft is value about $10.6 billion, in accordance to Forbes. He’s chairman and CEO of the Kraft Group, his keeping firm that owns the NFL team, Gillette Stadium, Rand-Whitney Team, Worldwide Forest Goods and other investments.
In 2021, he bought ex-HFZ Cash govt Nir Meir’s Hamptons dwelling for $43 million.
The Wall Street Journal 1st documented the condo sale.
It hit the market in September for $26.5 million, marking the most costly rental listing in Palm Seaside. It was recently renovated by architect Maya Lin, the Wolfs’ daughter-in-law.
The Wolfs compensated $6 million for the device in 2000. They acquired it from TJ Maxx and BJ’s Wholesale Club co-founder Burton Stern, who died in 2019.
Kraft built headlines in 2019 when he was charged with solicitation, as aspect of an investigation into therapeutic massage parlors in Jupiter. The charges had been dropped a yr later.
