A top New York City surgeon and his wife sold their renovated Palm Beach house for $14 million.
Records show Dr. Jerry Lubliner and Melissa Lynn Schorr, who goes by Missy Lubliner, sold the house at 315 Cocoanut Row to Virginia Commander Knott.
Ashley Deflin McIntosh and Christopher Leavitt with Douglas Elliman had the listing, and Gary Pohrer, also with Elliman, brought the buyer. McIntosh declined to comment on the buyers and sellers.
Knott is the widow of David Knott, a hedge funder and grandson of David Hurst Knott, the founder of the now-defunct Knott Hotels Corporation. David Hurst Knott was also a leader of Tammany Hall, a political organization that defined New York City politics for the first half of the 20th century.
Lubliner is chief surgeon of sports medical services at Beth Israel Medical Center in New York City, LinkedIn shows. He is an expert in knee, shoulder and ankle injuries, and regularly ranks as a top surgeon in New York.
Dr. Lubliner and Missy Lubliner make regular appearances at New York society events, Getty Images show.
The couple bought the Cocoanut Row house for $4.3 million in 2021, according to property records. Built in 1953, the 4,500-square-foot, five-bedroom, five-bathroom house sits on 0.2 acres close to Worth Avenue, records show. They renovated the bathrooms, kitchen, floors, pool, and landscaping, McIntosh confirmed. The home, designed by noted Palm Beach architect John Volk, includes a pool and a cabana that could be used as a “yoga studio, or living quarters for staff,” according to the listing.
The Lubliners first listed the property for $16.5 million in March, Redfin shows. Now that the market has somewhat cooled from its pandemic high, buyers are preferring renovated and newly constructed homes, brokers say, and price drops are becoming more common.
“Buyers are quicker to pull the trigger on a property that does not need any work,” McIntosh said.
The final sale price marks a $9.7 million increase from the couple’s purchase price two years ago.
The Lubliners also own a two-bedroom, two-bathroom condo at 227 Australian Avenue in Palm Beach that they bought for $845,000 in 2015, records show.
It’s been a busy season for Palm Beach real estate, marked by record-breaking sales. In April, coffee mogul Bob Stiller and his wife, Christine Stiller, sold their oceanfront estate to luxury car dealer Michael Cantanucci for $170 million, a record sale for the island. They turned around and bought casino magnate Steve Wynn’s lakefront mansion for $66 million earlier this month.
Rush Limbaugh’s widow sold their oceanfront compound to cosmetics heir William Lauder for $155 million in March. Designer Tom Ford set a record for non-waterfront properties on the island in December when he paid $51 million for his estate, but he’s now house swapping with a local CEO for a waterfront mansion, in a pair of deals said to be worth well over $100 million.