The Real Deal Miami

Chicago power couple buys unit at
Auberge Fort Lauderdale

Ilene Gordon was formerly chairman and CEO of Ingredion; Abram Bluestein is co-partner of a venture capital firm
By Amanda Rabines | October 15, 2018 08:45AM

Auberge Beach Residences & Spa and Ilene Gordon

A condo unit at the new Auberge Beach Residences & Spa in Fort Lauderdale just fetched $7.3 million.

Property records show Ilene Gordon and Abram “Bram” Bluestein split a 50 percent interest in unit 1402 in the north tower of the two-tower project at 2200 North Ocean Boulevard. The couple bought the condo through revocable trust in their names.

Gordon formerly served as chairman and president of the Fortune 500 company Ingredion, which focuses on selling corn-based sweeteners and texturing ingredients to food and beverage industries.

A year before she retired in 2017 the Westchester, Illinois-based company reported $5.7 billion in revenue. Her total compensation for that year came out to $10 million. Her husband Bluestein is a co-partner in the Chicago-based food and retail venture capital firm Bluestein & Associates.

Auberge Beach Residences & Spa is being developed by the Related Group, Fortune International Group and the Fort Lauderdale-based Fairwinds Group. The partnership recently completed the 17-story north tower and plans to deliver the 23-story south building later this year.

Construction of the project began in 2015. Amenities include a full-service salon, a plunge pool, and indoor and outdoor cabanas. A farm-to-table restaurant is planned to open later this year.

The deal comes on the heels of the nearly $6 million purchase of unit 1202 in the north tower by private equity exec Michael Falk. His Comvest Partners firm, based in West Palm Beach, manages more than $3 billion in assets.

Other buyers at Auberge Beach Residences & Spa include Miami Dolphins quarterback Dan Marino and the Winnipeg Jets’ Jacob Trouba. In September, the son of Salmar Properties founder Sal Rusi paid $9.3 million for a penthouse unit in the north building.