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Hedge fund tycoon Ken Griffin is planning to build the world’s most expensive home — a $1-billion mega mansion just a stone’s throw away from Donald Trump’s Mar-a-Lago in Palm Beach, Florida.
See the Palm Beach beachfront home billionaire Ken Griffin of the Citadel financial empire is building for his mother on Billionaires Row.
A house at 3050 NW Radcliffe Way in St. Lucie County was sold in October for $3.999 million. ... Sale price: $3.999 million. Location: Palm City. ... Florida real estate: Most expensive home sales ...
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
In the centre of the city is the House of the Griffins, built in the middle of the 1st century and in use until the 4th century, when it was destroyed by an accidental fire. It was one of the best domus in the city, with unusual comforts (a fireplace in room F and a water storage and distribution system).
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