Financial mogul pays $6.5 million for unit at the Bristol in West Palm

Other unit owners include Sydell Miller, Miami developer James Harpel

Oct.October 07, 2019 02:30 PM
The Bristol and Thomas J. Healey

The Bristol and Thomas J. Healey

A former partner and managing director of Goldman Sachs paid $6.5 million for a unit at the Bristol in West Palm Beach.

The development group sold unit 501 in the luxury condo tower at 1100 South Flagler Drive to a trust in the name of Thomas J. Healey. Healey is now founder and managing partner of Healey Development, as well as the founder of Prisma Capital Partners hedge fund, FIA Timber Partners funds, private equity firm Anthos Capital and other ventures, according to his bio.

At Goldman Sachs, Healey created the Real Estate Capital Markets and Pension Services groups.

The Bristol, which overlooks the town of Palm Beach, is the first new luxury condo building in West Palm Beach over the past decade. Flagler Investors, led by Al Adelson and Gene Golub, developed the 25-story, 69-unit building, where units range from 3,600 square feet to 14,000 square feet.

Buyers there include beauty mogul Sydell Miller, who closed on a full-floor penthouse for $42.6 million in March; Robert Nitabach, the owner of a New Jersey car dealership; and Eastview Development partner James Harpel.

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