“Undercover Boss” and former Loehmann’s CEO sells Delray Beach-area home

Buyer heads a Boca Raton advertising firm

Nov.November 01, 2018 12:30 PM

16091 Quiet Vista Circle and Steve Newman

A former executive and board member of major retail brands like the Gap, Brooks Brothers and Loehmann’s just sold his home near Delray Beach for $7.15 million, property records show.

Steven Newman, who was featured on CBS’ “Undercover Boss” while he was CEO of Loehmann’s, sold the eight-bedroom, nearly 10,000-square-foot mansion at 16091 Quiet Vista Circle to Jason Brown, CEO of Brown Parker & DeMarinis Advertising in Boca Raton, and Michelle Brown.

Newman listed the lakefront Mediterranean-style estate with Laurie Dietz and Maureen Murtaugh of Douglas Elliman earlier this year for about $8.6 million. The 2.5-acre property is in the Stone Creek Ranch neighborhood just west of Mizner Country Club. It features seven bathrooms and two half-baths, a guest house, movie theater, wine cellar, gym, seven-car garage and game room.

The home was built in 2013. The property last sold for $740,000 in 2011, according to records.

Signature International Premier Properties represented the buyer, according to Zillow.

Nearby, Louis G. Piancone, the founder of the Italian food wholesale distributor Roma Foods, paid $6.45 million for the house at 9274 Hawk Shadow Lane in October.

Related Articles

Rendering of Ocean Delray

Ocean Delray nabs $73M construction loan

Photo illustration of Grant Cardone (Credit: iStock)

A look at Grant Cardone’s real estate portfolio and how he raised $15M in 90 minutes at Marlins Park

ABC Carpet & Home

Collier family converting former ABC Carpet & Home in Delray to facility for car collectors

From left: Joseph Maas, Susan Burrell and Paul Burrell of TMT Properties and 190 Congress Park Drive (Credit: Google Maps)

TMT Properties buys Delray Beach offices

Atlantic Crossing and Pearlmark's Mark Whitt

Delray Beach’s Atlantic Crossing snags $45M investment

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

Midtown Delray Beach rendering

Pebb Capital to buy Midtown Delray site for $40M after original owners end dispute