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Hurricane Bernie Slams Palm Beach December 17, 2008

Posted by tkcollier in Economy & Business.
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Sunday afternoon there were supposedly four multi-million dollar condos at Breakers Row already put up for sale by Hurricane Bernie casualties forced to evacuate. Partly true. A real estate broker pal of mine told me on Monday morning there were actually only two on the market, one at $7.6 million and the other at $8.6 million.

By Tuesday morning it was good news for both broker and seller of the Breakers condos. Both were under contract at almost their full asking price. Somewhere, someone has some dough left. What is true is that Hurricane Bernie will have a long term effect on the fabric of Palm Beach life—financially, socially and philanthropically.

via I Survived Hurricane Bernie – The Daily Beast.

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