Follow the money: Engel & Völkers franchise owner expands into Palm Beach region
The New York to South Florida pipeline is extending to the residential brokerage industry, where Engel & Völkers franchise owner Donald Brennan acquired the Palm Beach office. Brennan, who owns franchises in Manhattan, Brooklyn, New Jersey and the North Fork of Long Island, acquired the rights to t
South Florida’s top deals: Bal Harbour property trades for $26M
🏆 Residential: Bal Harbour had the top home sale recorded in South Florida. An LLC led by smartphone mogul Samuel Ohev-Zion sold a home at 166 Bal Bay Drive for $26 million. The buyer was a company managed by Moses Strauss, a real estate investor, and interior designer Susan Strauss. Douglas Ellima
Fed keeps rate unchanged, but nearly half of policymakers would support hike this year
The Federal Reserve held its benchmark rate steady Wednesday as policymakers showed growing concern about persistent inflation. New projections marked a shift from March, with several officials now expecting at least one rate hike this year.
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