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

Other unit owners include Sydell Miller, Miami developer James Harpel

TRD MIAMI /
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.


Related Articles

arrow_forward_ios
Daily Digest Miami

Ben Carson talks Opportunity Zones, top developers riff on condos vs. rentals: Daily digest

Daily Digest Miami

Quiksilver signs a lease in Miami Beach, Delray Beach’s Atlantic Crossing announces first retail and office tenants: Daily digest

2751 South Dixie Highway, Scott Sherman and Ben Mandell

Tricera reveals plans for redevelopment of Palm Beach Post building

Daily Digest Miami

The trade war could hurt the industrial real estate boom, Hurricane Dorian’s impact on Florida’s hotels: Daily digest

James Harpel and The Bristol in West Palm Beach

South Florida developer pays $8M for condo at the Bristol

A rendering of The Bristol

NJ car dealer buys Bristol unit for $11M

The Bristol

Channel Islands businessman buys unit at The Bristol in West Palm

HGreg Auto and the former Toyota dealership (Credit: HGreg, Google Maps)

HGreg finds a spot in West Palm Beach at former Toyota dealership

arrow_forward_ios