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Alden Mogul Offloads Half-Built Palm Beach Palace For $93 Million
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Alden Mogul Offloads Half-Built Palm Beach Palace For $93 Million
A company tied to hedge funder Randall Smith has cashed out of an under-construction Palm Beach mansion, selling the project for about $93.3 million and setting a high bar even by island standards. The eight-bedroom, roughly 13,000-square-foot home at 757 Island Drive sits on nearly an acre on Everglades Island, with about 1,400 square feet of covered outdoor living space. The deal ranks among the season’s priciest lakefront, non-oceanfront trad…
·United States
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