Hudson News heir buys out Tequesta condos for $15M

Hudson News heir Robert B. Cohen II bought a 16-unit Tequesta condominium complex for $15 million.

Records show Cohen’s Vox Real Estate Holdings LLC, a Florida entity, bought the Bella Villaggio complex at 3770 County Line Road from an entity named for the address, managed by Menachem Light and Levi Tennehaus. Cohen financed the purchase with a $12.5 million loan from Stormfield Capital Funding I, LLC, property records show. 

The condos were previously rented out as apartments. Cohen’s plans for the complex are unknown.

Cohen is the grandson of Hudson News founder Robert B. Cohen. His aunt, the late Claudia Cohen, was a gossip columnist credited with the early success of the New York Post’s Page Six. Hudson News is known for its airport shops that sell books, magazines, snacks and phone chargers. It is also one of North America’s largest book distributors. The elder Cohen sold the company to Switzerland-based Dufry in 2008.

In 2009, his son, James Cohen, founded Hudson Capital Properties, and Robert B. Cohen II joined the new family business in 2014 after graduating from the University of Pennsylvania in 2012, LinkedIn shows. He left the firm in November to start RoCo Holdings in Miami.

Last year, he bought a waterfront Surfside home for $12.9 million. He is a next-door neighbor of supermodel Gisele Bündchen, who bought the adjacent house for $11.5 million. 

Records show Bella Villagio’s sellers, Tennehaus and Light, bought the Tequesta condo complex for $9.6 million in 2021. The 2,200-square-foot units were completed in 2017, and each has three bedrooms and three bathrooms. The property also has a pool. 

The sellers listed it for $16 million in February, Realtor.com shows. It sold for $1 million below asking.

The condos were previously advertised as rentals. Last month, JSB Capital bought a Palm Beach Shores rental condominium and marina for $58.5 million.