Palm Beach Biltmore penthouse condo sells for $9.64 million

Private-equity CEO Charles Ayres buys a penthouse from John D. Idol, head of company that owns the Michael Kors, Jimmy Choo and Versace fashion brands.

Darrell Hofheinz
 |  Palm Beach Daily News

Private-equity specialist Charles Ayres has paid a recorded $9.64 million for a penthouse condominium in the Palm Beach Biltmore, a deed recorded Friday shows.

The sale marks the highest recorded sales price fetched by a Palm Beach condominium in at least a year, property records show.

The condo — No. 1002 at 150 Bradley Place in Palm Beach — was sold privately by fashion executive John D. Idol, who owns a lakefront house across town. He heads Capri Holdings, formerly known as Michael Kors Holdings, the company founded by the American designer of the same name.

Also known as Penthouse E, the Biltmore penthouse has 3,299 square feet of interior space, property records show. Idol bought it as

Read More