Like Mike: Michael Jordan’s right-hand man buys condo in Palm Beach

Curtis Polk bought the $5.4M condo from the late co-founder of Conair Corp.

Miami /
May.May 25, 2018 03:30 PM

Curtis Polk and the property

UPDATED May 25, 4:35 p.m.: A top Charlotte Hornets executive who is known as Michael Jordan’s right-hand man just purchased a $5.4 million condo at the Palm Beach Biltmore.

Curtis Polk, who handles Michael Jordan’s business and financial affairs, bought the 6,378-square-foot condo from the trust of Leandro Rizzuto, the late co-founder of Conair Corp, property records show. Rizzuto paid $3.7 million for the unit back in 2011.

The condo at 150 Bradley Place includes a cabana and has five bedrooms and six-and-a-half bathrooms. The 11-story Palm Beach Biltmore was built in 1925 on the Intracoastal Waterway as a hotel. It was converted into condominiums in 1978.

At his new residence, Polk will be close to Jordan, who has a home in Jack Nicholas’s Bear’s Club Residences in Jupiter.

Polk, a minority owner of the Charlotte Hornets, has largely stayed out of the media spotlight but is a long time confidant of basketball legend Jordan, according to media reports. He is currently the chairman of sports and entertainment for the NBA’s Charlotte Hornets and a managing partner of the Hornets.

During the summer of 1996, Polk negotiated four of the five highest contracts in NBA history at the time. He negotiated Alonzo Mourning’s $105 million contract with the Miami Heat and Dikembe Mutombo’s $56 million contract with the Atlanta Hawks. He also helped negotiate Jordan’s record-setting contracts in 1996 and 1997 and worked with Jordan as a co-producer of Space Jam.

The seller’s attorney for the Biltmore deal was Leslie Evans, a Palm Beach attorney who is now facing federal fraud charges pertaining to a condo-hotel project in Palm Beach. Prosecutors accuse Evans and the project’s developer of defrauding about 60 Chinese and Iranian EB-5 investors out of $50 million. Evans has pleaded not guilty to the charges.

Correction: A previous version of this story misstated which party the attorney for the deal represented.


Related Articles

arrow_forward_ios
Donald Trump and The Mar-a-Lago Club in Palm Beach (Getty Images, LoopNet, iStock/Illustration by Steven Dilakian for The Real Deal)
Trump’s toilet triumph: Guests of the former No. 1 will have more places to go No. 2
Trump’s toilet triumph: Guests of the former No. 1 will have more places to go No. 2
Jusuf Nurkić and a rendering of E11even (Getty, Seth Browarnik/Worldredeye.com)
“Bosnian Beast” Jusuf Nurkić enters Miami Heat turf with penthouse purchase
“Bosnian Beast” Jusuf Nurkić enters Miami Heat turf with penthouse purchase
Actress Sela Ann Ward and husband sell One Thousand Museum condo in Miami for $6M (1000 Museum, Getty Images, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Emmy Award-winning actress Sela Ward and husband sell One Thousand Museum condo in Miami for $6M
Emmy Award-winning actress Sela Ward and husband sell One Thousand Museum condo in Miami for $6M
Matt Sellick, president, Stock Luxury Homes, in front of 916 South Ocean Boulevard (Stock Luxury Homes, Zillow, iStock)
Oceanfront spec mansion on Palm Beach’s Billionaires’ Row trades for $57M
Oceanfront spec mansion on Palm Beach’s Billionaires’ Row trades for $57M
Supermodel Adriana Lima parts with Miami-area waterfront estate for $40M (Google Maps, Getty Images)
Supermodel Adriana Lima parts with Miami-area waterfront estate for $40M
Supermodel Adriana Lima parts with Miami-area waterfront estate for $40M
Todd Michael Glaser (Photos by Sonya Revell)
The Closing: Todd Michael Glaser
The Closing: Todd Michael Glaser
Family of Real Housewife’s ex-husband buys South Beach retail building for $7M
Family of Real Housewife’s ex-husband buys South Beach retail building for $7M
Family of Real Housewife’s ex-husband buys South Beach retail building for $7M
Kobi and Nancy Karp buy Walgreens-leased property in Delray Beach
Kobi and Nancy Karp buy Walgreens-leased property in Delray Beach
Kobi and Nancy Karp buy Walgreens-leased property in Delray Beach
arrow_forward_ios

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

Loading...