Hedge fund billionaire Eddie Lampert has moved his company to Florida, after purchasing a swanky, 17,000-square-foot Italian manse for a reported $40 million on the exclusive Indian Creek Island on Biscayne Bay near Miami.
Does this mean he will leave behind his $25 million compound in the equally exclusive — though not as sunny — Field Point Circle enclave in Greenwich?
Here’s what the mansion in Florida looks like: (Note: If you don’t have the Google Earth plug-in, click on “Sat” to see the images.)
The Wall Street Journal reports that the coral-colored home includes seven bedrooms, an “arrival court” with formal hedges and a reflecting pool. Read more here.
This is what Lampert, who founded the $9 billion ESL Investments Inc., could be leaving behind in Greenwich:
This 12,100-square-foot estate on 7.5 acres has four bedrooms and 7.5 baths, according to BlockShopper Connecticut. Lampert paid $20 million for the property in 1999 and is now reportedly worth $25 million.
What’s your bet? Will Eddie keep the Greenwich estate or sell it?
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