Billionaire Hasbro heir buys Fisher Island pad

Alan Hassenfeld was Hasbro's chairman and CEO from 1989 to 2008

Sep.September 27, 2017 04:35 PM

Palazzo del Sol and Alan Hassenfeld

A member of the Hasbro family just picked up a new Fisher Island condo.

Billionaire Alan Hassenfeld, former CEO of the toy company, paid $8.2 million for a unit at Palazzo del Sol, according to a spokesperson. And it looks like Hassenfeld and his wife’s new condo has plenty of space for toys: the three-bedroom, three-and-a-half bathroom, 3,793-square-foot unit 7052 features marble, specialty wallpaper and teak walls. It was designed by Antrobus + Ramirez.

PDS Development, led by Heinrich von Hanau, completed Palazzo in 2016. The 10-story building’s 43 units go up to 9,800 square feet. Other owners include high-profile attorney Jim Ferraro, Azerbaijani billionaire Aras Agalarov, and Yard House founder and CEO Steele Platt. Dora Puig is leading sales.

In May, Palazzo’s largest penthouse sold for $31 million to an offshore buyer.

Amenities include infinity pools, a private movie theater, a salon, fitness center, children’s playroom and bar.

The Hassenfeld family founded Hasbro in 1923. Alan Hassenfeld was chairman and CEO from 1989 to 2008, and he officially became a billionaire earlier this year when the toy company closed at a stock market record in May. He has a 6 percent stake in Hasbro, according to Bloomberg. – Katherine Kallergis

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