Wife of Amex CEO buys Bal Harbour condo

Kenneth Chenault is stepping down as CEO in February

Miami /
Dec.December 26, 2017 12:45 PM

9705 Collins Avenue and Kathryn and Kenneth Chenault (Credit: Realtor.com and Gordon Parks Foundation)

Kathryn Chenault, wife of American Express CEO Kenneth Chenault, just picked up another luxury condo in Bal Harbour.

A company controlled by Chenault paid $6.3 million for unit 1702 in the North tower of the St. Regis Bal Harbour, property records show. The same company, 9701 Collins 1701 LLC, paid $6.9 million for neighboring unit 1701N in 2013.

The seller, 1702 STR Harbour LLC, is led by Angel Junquera. Junquera bought the three-bedroom unit at 9705 Collins Avenue in 2012 for $3.9 million, records show.

Chenault’s new 3,128-square-foot unit traded for about $2,015 per square foot. Unit 1702N features panoramic floor-to-ceiling windows with views of the ocean.

Kenneth Chenault is stepping down as CEO of Amex after 37 years at the company.

Other business moguls at St. Regis Bal Harbour include Godiva Chocolatier Mohamed Elsarky.

The St. Regis was completed in 2011. Qatar’s largest development firm, Al Rayyan Tourism Development Company, acquired the hotel component of the property in 2014 for $213 million, or over $1 million a room.


Related Articles

arrow_forward_ios
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)

South Florida’s pandemic-fueled residential market poised for bull run in 2021

South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)

Kate Ford’s Palm Beach estate sells for $55M

Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Simon and David Reuben with St. Regis Bal Harbour (Getty, Google Maps)

Reuben Brothers takes over $132M loan backing St. Regis Bal Harbour

Reuben Brothers takes over $132M loan backing St. Regis Bal Harbour
Diego Lowenstein, Dayssi Olarte de Kanavos, Paul Kanavos, and Ronny Ben Josef, with The The Sagamore (Credit: The Sagamore Hotel)

Owners of Ritz-Carlton South Beach and Bal Harbour hotels merge with Sagamore

Owners of Ritz-Carlton South Beach and Bal Harbour hotels merge with Sagamore
Dina Goldentayer, Ryan Cohen and the Bal Bay Drive home (Credit: Kris Tamburello/Douglas Elliman)

Lawsuit alleges Harding Realty cut out of $24M Bal Harbour sale, reveals Chewy founder as alleged buyer

Lawsuit alleges Harding Realty cut out of $24M Bal Harbour sale, reveals Chewy founder as alleged buyer
A renderings of the Shops at Sunset Place project and a rendering of the Surfside Town Center project

Voters decide South Miami, Surfside and Bal Harbour real estate referendums

Voters decide South Miami, Surfside and Bal Harbour real estate referendums
Laurent Ouazana and 224 Bal Bay Drive (Linkedin, Douglas Elliman)

French insurance firm CEO sells Bal Harbour mansion for $24M

French insurance firm CEO sells Bal Harbour mansion for $24M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...