POLO CLUB, a prestigious, exclusive address: largest 145,000 sq ft clubhouse in county, 2 championship golf courses, 29 tennis courts. 5 dining rooms. Social activities abound, childrens center, dinner dances, star studded shows, discussion groups, movies. Resort pool & cafe. Condos to multi-million$ palatial homes, golf + lake views. MARILYN KNOWS POLO CLUB and sold properties quickly. BUY the HOME OF YOUR DREAMS in Polo. Call or text 561-302-3388 for mandatory dues & fees schedule.
Monday, July 28, 2008
FOR THE GOURMETS AND THE GAWKERS… WELL, REALLY FOR ALL OF US…
Sunday, July 27, 2008
CELEBRATE BOCA FESTIVAL DAYS AUGUST 1 TO AUGUST 31
Friday, July 18, 2008
95th BIRTHDAY COMING UP FOR “SINGING PINES” HOUSE
For the last 30-years, “Singing Pines” house has been the home of the Boca Raton Children’s Museum. Celebrations are scheduled for October, along with the first phase of expansion, and will feature a look back at Boca’s pioneer history, a display “for kids and about kids.” Located at 498 Crawford Boulevard, the museum will soon look like a village green. Author Diane Benedetto has written a book on what it was like to be a kid in the pioneer days and will be taking part. A Memorabilia Closet will hold toys and clothes from that era. Historic photos will be included, in particular on of the aftermath of a 1920’s hurricane where everything is devastated but “Singing Pines” remains standing. The house was built by William Myrick who purchased the property from Henry M. Flagler’s Model Land Company and the Myricks were one of 13 families who settled in Boca Raton in 1913. Phase II will be a high-tech house with a mini-Imax theatre and computer labs that give children an opportunity to create science projects, make films… and more. It will be named “The Voyager,” using designs from H.G. Wells and Jules Verne. Museum Hours are Tuesday through Saturday, 12-4 pm. For more information call 561-368-6875.
Tuesday, July 15, 2008
SPANISH MARTINSA-FADESA GOES BELLY UP FOR $8-BB
As if it weren’t enough for us to hear about the loss of local builders during this market downswing, now we learn other countries are experiencing the same conditions. The subject company failed to secure new financing to remain operational. Sharper interest rates and tighter lending conditions are prevalent. The company is one of the largest construction companies in Spain with $17.4-BB in assets, the first major Spanish victim of the real estate recession and crisis. It is currently selling off its assets to raise money for debt obligations. In cities like Madrid and Barcelona residential home sales are down 30% this year.
PENINSULA BOYNTON BEACH DEVELOPER IN BANKRUPTCY
Waterbrook Peninsula LLC has filed for bankruptcy. Your editor recently visited the project and took these photos. The property is on a small peninsula with water on three sides, on Federal Highway and the intracoastal waterway. It was planned to have 40 luxury condos, 20 town homes and 10 large single family homes. Construction is almost complete on the condos and single family homes but town homes have been delayed. This bankruptcy, where National City Bank foreclosed on a $26-MM mortgage, highlights the down market conditions.
Saturday, July 12, 2008
WORLD’S MOST EXPENSIVE HOUSE?
$500,000,000!