Palm Beach Social Diary Fashion + Real Estate = Palm Beach + South Beach

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With NM's butterfly mobile fluttering, these shoppers catch their breath awaiting a Neiman Marcus runway show during the annual Fashion's Night Out on Worth Avenue.

With more Palm Beach streets than ever detoured by construction vehicles and cement trucks, Worth Avenue was blocked off to showcase an array of velvet-roped Lamborghinis for Thursday night’s exuberant Fashion’s Night Out. And while handbags, high-heels, cupcakes, and art fairs are now primetime cultural pastimes, you might think Real Estate has taken a temporary back seat to Fashion, Food and Art. Nonetheless, on the offshore barrier island of Palm Beach, residential real estate is still a magnet for moving money from New York’s canyons to Florida sandbars and then to who knows where. Here’s a glimpse of PB’s FNO, the latest island deals, PB penthouses, and a jaunt to South Beach, where Rio and Moscow keep things ka-ching, for the opening of a Lacoste flagship store and the After Party at W.

Worth Avenue wild about FNO

Brooks Brothers. Left to right, Stephen Wallace, Silvestro Polizzi, Amber Demerac, Laurie Kasprzyk, Erin Houlihan, Annese Pitter, Marjorie Smith, and Pamela Trent. Far left, Brooks Brothers’ shopping bag dress was created by art student Chantal Joseph.
Leonardo Busa at Salvatore Ferragamo.
Burton Handelsman, the “Mayor of Worth Avenue.” The affable, yet reluctant to ever be photographed, Mr. Handelsman is the largest owner of commercial buildings and properties on Worth Avenue.
The Lamborghini look cordoned by velvet ropes.
Michael Volbracht at Wally Findlay Galleries.
Wally Findlay Galleries.

At Neiman Marcus

L. to r.: Beth Pine, general manager of Neiman Marcus on Worth Avenue, wore Alexander McQueen for NM’s sensational bash that attracted a considerable crowd.; Christian Louboutin at Neiman Marcus.
Councilman Bill Diamond and Regine Traulsen.
Kevin Murray, Beth Pine, and Chad Renfro.
NM Fashion Show, run sheet.
Laurel Baker, executive director of the Palm Beach Chamber of Commerce.
Judy Schrafft and Catherine Van Ormer.
Guests made their way up the escalator to NM’s SRO second floor.
L. to r.: Marion Downes. Simply captivating.; Eileen Burns.
Peggy Moore.
Councilman Dick Kleid and Elizabeth Murphy.
David Willson, the extraordinarily talented editorial cartoonist at the Palm Beach Daily News, and Judy Selig.
Suzy LaVigna and Karen Swanson.

The Fashion Scene

Ellen Fletcher, John Vrooman, and Beth Hughes.
Tricia Keitel and Beth Pine.
Valentino at Neiman Marcus.
An escalator view of NM’s first and second level.

Back along Worth Avenue

L. to r.:Fiandaca. Silk coral rose gown. $3100.; Mother and daughter, Constance Wodlinger and Jacqueline Renee Journey at 150 Worth.
Sophia Martin at Escada.
Diana Salmon, Marla Degraeve, and Maria Arnold at Bottega Veneta.
L. to r.:Trillion owners David Warren Neff and Tatiana Van Zandt with Black Jack. ; Crystal Blauweiss at Sequin.
L. to r.: Cynthia Van Buren with Maurice Amiel, the French Wine Merchant, at Saks Fifth Avenue.; Betty Marcus and ZuZu.

Around town

According to the recently proposed 2012 property tax assessments, Nelson Peltz’s  check for $1. 5 million and Dmitry Rybololev’s ruble transfer of $1.149 million makes them the town’s only two members of Palm Beach’s exclusive Million Dollar Property Taxpayer’s Club.  Up the beach at 1695 North Ocean Way, the Estate of the late NYC investor Christopher H. Browne sold an oceanfront lot for $9.52 million, $1.4 million less than the $10.95 purchase price Mr. Browne paid in 2006.  The buyer is 1695 NOW LLC.  Out west in Wellington, NYC resident Charles G. Phillips, principal of Meridian Farm, sold his Grand Prix equestrian facility for $11 million, take note, as much as a North End Palm Beach oceanfront, to Baxter Hill LLC, c/o Inclenberg Investments, 1325 Avenue of the Americas, NYC.  Texas sporting-goods titan David Gochman is the principal of Baxter Hill.  Mr. Gochman sold the family’s multi-billion dollar Academy Sport & Outdoors chain to KKR in 2011. Roberta Weiner and her husband, shopping center developer Stephen R. Weiner, have sold a lakefront Villa Plati townhouse at 310 Atlantic Avenue for $5.75 million to one of Litchfield’s largest property taxpayers Peter and Leni May. A Triarc Company executive, Mr. May is affiliated with Nelson Peltz in the popular fast-food franchise business.  Mark and Paula Cook, who appear to be no longer Mr. & Mrs., sold 288 Sandpiper for $2.95 million, having been priced at $3.7 million.  The buyers are NYC and PB seasonal residents Andrew J. Forsyth and Kelly Williams, husband and wife.

Buenos Recuerdos sold for $5.8 million

With new owners Craig and Jane Omtvedt having received approvals for ”limited demolition and major renovations,” including air-conditioning, to be completed by the Smith Architectural GroupGeraldine T. Nesbitt has sold her family’s landmark house Buenos Recuerdos at 79 Middle Road for $5.8 million, according to court records.  In 2010, the property was priced at $9.2 million.  Built for Henry Barkhausen in 1927, Buenos Recuerdos was designed by Treanor & Fatio in a classic Spanish-Colonial style around a central courtyard framed by loggias. Situated one block from the ocean, the Old Palm Beach  hacienda affords eight bedrooms, an observation tower and more than 11,000-square-feet of living area. The Barkhausen’s son, Henry Jr., married Alice Wyeth, the daughter of architect Marion Sims Wyeth, who also lived on Middle Road. In 1935, Pennsylvania financier Abram Nesbitt II bought the property.  The new owner Craig Omtvedt is retired CFO of Fortune Brands.

Palm Beach In-Town Oceanfront Penthouses

Is there anywhere else to live than an oceanfront penthouse when you have arrived at the top of the world? And surprisingly, on Palm Beach, where you might imagine the supply would be the greatest, there are actually only a few apartments available that deliver life-at-the-top with in-town’s luxurious conveniences unlike the vast assortment of multi-residential opportunities extending from south of Sloan’s Curve  to Manalapan.

Realtor Linda Olsson, among Palm Beach’s most exclusive well-respected agents for more than two decades, gives us a look inside the sixth-floor penthouse at Lowell House priced at $3.295 million.

“Today, along with the Lowell House apartment, there are only two other in-town oceanfront penthouses available for sale: a three-bedroom at Dunster House is priced at $5.2 million and at 100 Royal Palm Way a three-bedroom apartment facing northeast is positioned at $3.295 million,” Olsson said.  “But the thing to measure is the penthouse terrace, the glorious terrace,” Olsson added.  “And the terrace at Lowell House just may be the

The sky, the sea, the sensational views — Palm Beach’s oceanfront penthouses afford heavenly locations; if only there were more of them. “For the lucky few who desire the best of Palm Beach,” said Realtor Linda Olsson, who represents the Lowell House penthouse pictured above. “A Palm Beach penthouse’s away-from-it-all unobstructed views represent exclusiveness, privacy, security, high ceilings, and a perfect place for memorable entertaining,” Olsson added. Photo courtesy Linda Olsson Realtor.
“With not only the town’s most beautiful manicured beach just steps from your door, living in Midtown gives you the ultimate convenience of Palm Beach life — it lets you walk everywhere without need for cars, taxis or drivers. observed Realtor Linda Olsson about this east view from the terrace at her Lowell House penthouse. “Whether lunch at The Colony Hotel, dinner at Ta-boó, or shopping at Chanel, living in Midtown makes life easy.”
“Lowell House is a discrete full service building located at the corner of South Ocean Boulevard and Australian Avenue,” Olsson said. “A recent renovation includes installation of state-of-the-art hurricane windows and a large oceanfront exercise room.”
Lowell House penthouse, southeast views from the terrace. For more information on Palm Beach penthouses visit where you will also find something rare, quarterly and annual Palm Beach sales reports with the actual sold prices.

Lacoste flagship opens on South Beach

Lacoste recently opened a flagship store on Lincoln Road with a “VIP Shopping Preview” and held its After Party at a W South Beach penthouse apartment.

Lacoste’s iconic crocodile logo was projected on a W penthouse terrace wall.
Lacoste, 1026 Lincoln Road, next door to Balan’s.
The Lacoste pullover chemise that revolutionized tennis wear remains a popular acquisition.
Nicole and Steve Birkhold. Mr. Birkhold is CEO and president of Lacoste USA.
Aaron Glickman, Miami Social impresario, and Adriana Aragon, director of marketing for The Residences at W South Beach, where Lacoste held the After Party.
Lacoste’s state-of-the-art display.
L. to r.: Melissa Little, Lacoste USA public relations director.; Michael Comras and Melissa Katz.
Gilt City curator James Wark and Michael Miarecki.
L. to r.: Katy Stoka, ONE Sotheby’s International Realty.; Eveliny Bastos-Klein.
Chris Leavitt and Emily Sherman.
Joshua Phillips and Adam Rosenfeld.
Lacoste’s signature tennis knits.
I left the Lacoste opening on Lincoln Road and made my way up a few blocks to the W Hotel-Residences for the After Party.
W South Beach, 2201 Collins Avenue, is an oceanfront 20-story hotel and residence. ONE Sotheby’s International Realty is the exclusive marketing agent for the residences. Penthouse One recently sold for $6.2 million with units currently available up to $9 million.
W South Beach, The Dutch restaurant, terrace. With more than $300 million in sales, W South Beach’s developer New Yorker David Edelstein and investor/partners have apparently snapped up the nearby Raleigh Hotel for $55 million, according to various unconfirmed published reports. Ultra uber-chef-at-the-moment Michael Schwartz is said to already be revamping the Raleigh’s kitchen. Three years ago Andre Balazs sold the Raleigh for a reported $30 million to Miami’s Brilla Group and Chicago’s AJ Capital
The Lacoste party underway at one of the W’s upper penthouses.
W Hotel residences, PH view to the southeast.
W Hotel residences, PH living – kitchen area.
W Hotel residences, PH master bathroom.
W Hotel residences, PH view.
The Residences at W South Beach, PH view to the northeast.
W’s art collection includes work by Warhol, Basquiat, and Damien Hirst.
W South Beach, Upper PH-8, view to the northwest towards Miami and Biscayne Bay.

South Beach Scenes

Dylan’s Candy Bar, 801 Lincoln Road.
Books & Books, 927 Lincoln Road.
Quiksilver, 1023 Lincoln Road.
1900 Bay Road, garage-retail south and west elevations. The “very hip and trendy” Sunset Harbour enclave features a parking garage-shopping complex designed by Arquitectonica, featuring a pedestrian walk-through connecting Bay Road with Purdy Avenue.
1900 Bay Road. North and west elevations. Parking garage-shops, Arquitectonica.
1800 West Avenue. With Sunset Harbor’s galactic Publix one block south, The Fresh Market’s two-story parking garage sits atop the street side market, designed by api (+), Tampa and Coral Gables.


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