Condo sale at Bristol sets new record for West Palm Beach


A condo at The Bristol tower just sold for $10.4 million, a new record for a unit in West Palm Beach.

A number of Palm Beach condos have fetched more than $10 million, but the old record for a closed condo deal in West Palm Beach was $7.4 million, for a unit at One Watermark Place at 622 N. Flagler Drive.

According to property records, Raymond L. Golden is the new owner of a 5,000-square-foot unit at The Bristol, 1100 S. Flagler Drive. Golden is a former investment banker who lives in Palm Beach Gardens

It’s the third unit to close at The Bristol. Other condos have fetched $6.75 million and $6.85 million.

As the 291-foot-tall tower along the Intracoastal Waterway nears completion, The Bristol promises to produce a number of eye-popping closings.

The tower’s Chicago-based developer says units are under contract for as much as $44 million, the sum promised by Palm Beach philanthropist Sydell Miller for the tower’s entire 24th floor. That deal has yet to close, but Bristol developer Al Adelson promised the $10.4 million mark will stand only temporarily.

“This isn’t even close to what other people have paid,” Adelson said Friday.

In exchange for hefty prices and large monthly fees, unit owners get perks such as private elevators.

Golden started his investment-banking career at Salomon Brothers. He Golden and his family foundation have supported the Jewish Federation of Palm Beach County, and Golden has held leadership positions with the World Wildlife Federation


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