A Canadian media executive has put his Palm Beach mansion on the market with an asking price of $11.8 million.
Former Mood Media CEO Lorne Abony dropped the asking price for the 695 South County Road home from $12.3 million, the New York Post reported. The Clarence Mack-designed eight-bedroom home has 11,519 square feet of living space and is located near Worth Avenue. Amenities include a home theater, outdoor pavilion and infinity pool.
Paulette and Dana Koch of the Corcoran Group are the listing agents.
Abony was the youngest CEO of any company listed on the Toronto stock exchange in 2004, when he ran FUN Technologies. He also launched Paw.net, which was sold to Petco in 2001. [New York Post] — Eric Kalis