Real Estate

Billionaire Steven Schonfeld buys Florida mansion for $111 million

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La Reverie, the six-acre estate on Palm Beach stretches over 70,000 square feet.

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Hedge fund billionaire Steven Schonfeld and his wife bought a sprawling Palm Beach estate for $111 million, making it the most expensive home ever sold in Florida.

Schonfeld, founder of New York-based Schonfeld Strategic Advisors, closed Tuesday on the 6-acre estate known as La Reverie, according to a spokesman.

The estate, sold by hair-care mogul Sydell Miller, has more than 70,000 square feet of living space, with 11 bedrooms, 22 bathrooms, a bowling alley, salon, spa, ice cream stand and candy parlor. It had been listed for $200 million.

La Reverie, the six-acre estate on Palm Beach stretches over…



Source cnbc.com

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