The waterfront Palm Beach mansion that once belonged to Conrad Black, the disgraced Chicago Sun-Times and Jerusalem Post publisher who currently resides at an Orlando prison, went on the market this week for an undisclosed price. The Palm Beach County Appraiser most recently assessed the property, which Black handed over to a Connecticut corporation in January after defaulting on the mortgage, at $32.6 million. Black is serving a six-and-a-half year sentence for looting his company to pay for personal expenses. The five-bedroom, six-bathroom mansion at 1930 South Ocean Boulevard is listed with Linda A. Gary Real Estate.
Fraudster’s Palm Beach manse hits the market
March 26, 2010 01:57PM