The Real Deal Miami

Barneys owner Richard Perry picks up a Palm Beach home

Perry and his wife, women’s fashion designer Lisa Perry, paid $6.5M for the non-waterfront home
By Katherine Kallergis | May 21, 2018 12:30PM

3 Via Los Incas and Richard and Lisa Perry (Credit: Getty Images)

The billionaire founder of Perry Capital and owner of Barneys New York just dropped $6.5 million on a home in Palm Beach.

Property records show Richard Perry and his wife Lisa closed on the five-bedroom, 5,700-square-foot home ay 3 Via Los Incas, near the Breakers. Lisa Perry is a women’s fashion designer whose clothing is sold exclusively at Barneys.

Richard Perry founded his New York hedge fund in 1988 and acquired a controlling interest in Barneys in 2012. He was worth about $1.2 billion in 2008, according to Forbes, and is the nephew of former Bear Stearns CEO James Cayne. Perry also announced in September 2016 that he would be shutting down Perry Capital. 

The Perrys own other properties in Palm Beach, including units at the Palm Beach Towers Condominiums on Cocoanut Row, according to property records.

Cris Condon of Sotheby’s International Realty represented the seller of the Palm Beach home, Christopher Altman Heine as trustee of the Sandra R. Heine 2017 Trust. It was on the market for $7.45 million, a Redfin listing shows. The home last sold for $1.75 million in 1987.

The non-waterfront property was built by Robert Gottfried and designed by Ames Bennett. It includes a formal living room and dining room, a library/family room and pool.

Barneys is opening its first flagship location in the Southeast at Bal Harbour Shops in 2023.