Sonny Kahn pays $28M for oceanfront estate in Manalapan
Developer Sonny Kahn, a founding partner at Miami-based Crescent Heights, and his wife, Suzanne, paid $28 million for an oceanfront estate in Manalapan. The Kahns acquired the 1.6-acre property at 1200 South Ocean Boulevard about a month after selling their waterfront Miami Beach estate to developer Todd Michael Glaser and his partner, the Posner Group. They sold the 2.3-acre home at 5940 North Bay Road for $105 million. Property records show an LLC managed by investment firm executive Nobel Gulati and his wife, Ruchi, sold the Manalapan property to Kahn and his wife, Suzanne Passi Kahn. The 18,000-square-foot house was […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Macquarie, Vanderbilt sell Boca Raton dev site planned for 300-unit apartment project for $21M
“They want the all-in-one house that they never have to leave”: Buyers of luxury South Florida homes are demanding costlier designs
“Top of mind for New Yorkers”: Developers Ugo Colombo, Camilo Miguel talk Mamdani’s win, Miami’s condo market
“We thought, OK, we’re gonna plateau. Nope”: Experts dissect South Florida’s office market
What brokers want: Elliman’s Liebowitz, Side’s Gal sound off on resi shakeups
Here is Riviera Beach’s residential development pipeline
“Back like a Phoenix”: South Florida office investment sales pick up, distress and discounts linger
Mortgage Rates Tick Up After Four Week Decline
NAR Pushes for Action on Housing Affordability
Staying Visible When Buyers Use ChatGPT
