Developer married into billionaire Conair family buys $37M Hillsboro Beach mansion

by Kate Hinsche

A trust linked to Morris Flancbaum, the custom homebuilder husband of Conair heiress Susan Rizzuto, bought an oceanfront Hillsboro Beach mansion for $36.5 million. His Land Banc Trust, managed by attorney Russell Macnow, bought the house at 1083 Hillsboro Mile from Deborah Tarrant.  The house is next door to a home Flancbaum bought for $21.8 million in 2021, records show. It brings his total spend on the 3.7-acre assemblage to $58.3 million. Jonathan Potsma with Coldwell Banker Realty represented the buyer and seller.  Flancbaum is the head of New Jersey-based custom homebuilder Colts Neck Associates, which has developed homes in […]This article originally appeared on The Real Deal. Click here to read the full story.
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