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Palm Beach
Palm Beach County
Delray Beach
Boca Raton
Jupiter
John Porter
Corcoran
Palm Beach Gardens
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The Palm Beach finance crowd can paddleboard whenever they please.
Behind a semicircular brick drive and a lawn as manicured as a putting
green sits a 30,000-square-foot masterpiece of Italian Renaissance
architecture called Casa Nana.
John Porter, a real estate associate for Corcoran who oversees some of the
largest sales in Palm Beach County, Florida, points out the spiral staircase,
built by famed 1920s architect Addison Mizner for the founder of the
National Tea Company. “This home went for $30.2 million in 2003; today
that sum wouldn’t be in the top 25 highest prices” of houses for sale in this
area, Porter says. “Palm Beach real estate has gone from nothing going on to
nothing left to sell.”
Porter is giving me a tour of the so-called Billionaire’s Row, a stretch of
South Ocean Boulevard on the island of Palm Beach that is bordered by
some of the highest hedges I’ve ever seen. Through gaps in the greenery
appear stone fountains, elephant statues, pools the size of tennis complexes
(next to actual tennis complexes), and more clay roofs than one could count.
It’s amonumental display of wealth, and it is rapidly expanding, not just
here but in Delray Beach, Jupiter, Palm Beach Gardens and Boca Raton, as
HOUSE_OVERSIGHT_033158
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