South Florida luxurious specials are nevertheless closing despite the holiday getaway lull.
In the hottest roundup of household gross sales in the tri-county area, the daughters of 1 of Bernie Madoff’s Large Four customers sold their late parents’ Palm Beach front condominium. Other promotions forward of the new calendar year include purchases by a Halloween costume honcho and the spouse of an coverage heir.
Coconut Grove
In Coconut Grove, the spouse of a Progressive Insurance heir purchased a apartment in A single Park Grove for $8.3 million.
Documents display Jan Rowse Lewis purchased unit 6A in the condominium at 2811 South Bayshore Push from Coconut Grove Skies, a Florida entity managed by Alvaro Villegas.
Adriana Pinto Torres and Tracy Ferrer of Douglas Elliman experienced the listing, and Lourdes Alatriste, yet another Elliman agent, introduced the consumer.
Jan’s husband is Dan Lewis, the son of Progressive co-founder Joseph M. Lewis. His late brother, Peter B. Lewis was the company’s chairman and CEO for 35 many years, up until his loss of life in 2013. Jan and Dan Lewis moved to South Florida in 1999, and have considering that been standard traders in the area’s luxurious serious estate.
In 2016, they purchased a unit in the Grove at Grand Bay for $7.4 million. Documents present they marketed it at a reduction in 2017 for $5.8 million. They very own a waterfront great deal on the Venetian Islands, which they bought in 2018 for $5.9 million.
The just lately traded Just one Park Grove rental spans 3,250 square feet, 4 bedrooms, 5 bathrooms and one 50 percent-toilet. Villegas bought the unit in 2020, the year it was concluded, for $4.8 million, records present. A Redfin listing displays it listed for $8.5 million in October.
1 Park Grove is 1 of three condominium towers in Park Grove, a 5-acre progress led by Linked Team and Terra. In July, former industrial brokerage head Dan Hughes bought his penthouse in Two Park Grove for $17.5 million.
Palm Seashore
Up in Palm Beach, the daughters of Bernie Madoff consumer Carl Shapiro bought his Breakers Row condo for $9 million in an off-industry offer. Records show Ellen S. Jaffe and Linda S. Waintrup bought device C33 at 2 North Breakers Row to Alan Jay Kaufman.
Kaufman is chairman, president and CEO of H.W. Kaufman Money Group, a Farmington Hills, Michigan-based fiscal products and services and insurance policies agency. Its portfolio of companies contains Burns & Wilcox.
Jaffe and Waintrup are the daughters of the late Ruth and Carl Shapiro, who established the women’s garments firm Kay Windsor in 1939. Carl Shapiro was considered one particular of Bernie Madoff’s “Big Four” purchasers and Jaffe’s spouse Robert Jaffe was the vice president of Cohmad Securities, a brokerage business wherever Madoff was a partial operator.
The Shapiro loved ones foundation reportedly dropped $145 million in the crash of Madoff’s Ponzi scheme, and Carl Shapiro later agreed to forfeit $625 million to the U.S. Governing administration to be compensated out to victims.
The Breakers Row rental was constructed in 1986 and the Shapiros purchased the unit for $1 million in 1987, records demonstrate.
Longtime Palm Seashore accountant Richard Rampell and his spouse, Ellen Rampell, acquired a Breakers Row rental in May perhaps for $10.4 million.
Palm Beach Gardens
Further inland in Palm Beach Gardens, just one of the nation’s greatest producers of Halloween costumes acquired a waterfront house in the gated Frenchman’s Creek community. Data exhibit Marc and Phyllis Beige bought the dwelling at 2763 Calais Travel from Randall and Dawn Burcham.
Lynn Bird of Illustrated Properties had the listing, and Joel Kaminester of Kaminester Realty Group introduced the purchasers.
Marc Beige is CEO of New York-primarily based Rubie’s Costume Organization, just one of the major suppliers and distributors of Halloween costumes.
Randall Burcham is a senior advisor for PolyQuest, a plastics firm headquartered in Wilmington, North Carolina. The Burchams purchased the Calais Drive dwelling for $2.6 million in 2019, data show.
Designed in 1993 on .6 acres, the 6,700-sq.-foot residence has 5 bedrooms, 7 loos and two fifty percent-bathrooms, in accordance to home documents. The listing exhibits that the household was thoroughly renovated in 2020, and involves a pool, spa and dock with a 120-foot seawall.
