New York textile executive buys estate in Palm Beach for $10M

Hedge fund executive Kalman Vidomlansk sold the mansion

Jun.June 19, 2018 04:30 PM

Loïc de Kertanguy

A New York textile executive just bought an estate in Palm Beach for $10.4 million from a company tied to a hedge fund executive.

Loïc de Kertanguy, the president of the J.B. Martin Company, bought the 8,432 square-foot mansion at 180 Canterbury Lane in Palm Beach for $1,233 per square foot, according to property records. An LLC tied to Kalman Vidomlanski, tax director of New York-based Alden Global Capital, sold the property for $2.8 million more than what he paid four years ago.

Records show Vidomlanski’s 180 Canterbury Lane LLC paid $7.6 million for the five-bedroom home in 2014. It was built in 2004 and features a pool, garden and a library.

Kertanguy’s company specializes in manufacturing woven velvet fabrics. The textile magnate and his wife previously sold a Palm Beach home at 260 Kawama Lane for $10.5 million in 2015. The couple paid $8.73 million for the home, according to Palm Beach County property records.

Related Articles

630 Island Drive and Mark Biondi

Related Beal exec linked to purchase of $19M Palm Beach estate

Carl Panattoni, Raymond G. Perelman and 965 North Ocean Boulevard in Palm Beach (Credit: Panattoni, PennToday, and Google Maps)

Developer Carl Panattoni drops $29M on Palm Beach estate

Dan Gilbert and 100 El Bravo Way (Credit: Getty Images and Realtor)

Company tied to Quicken Loans buys Palm Beach estate for $25M

670 Island Drive and Paul Shiverick (Credit: Getty Images) 

Hedge funder sells Palm Beach home for $19M

Todd Glaser and the home

Todd Glaser venture sells Palm Beach spec home for $9M

134 El Vedado Road (Credit: iStock)

Developer sells Palm Beach estate for $14M

800 South County Road (Credit: Realtor)

Mizner estate in Palm Beach sells for $24M

Nirka Burns Padilla and Martin Conroy 

Movers & Shakers: Palm Beach broker leaves William Raveis for Douglas Elliman & more