IN THE PRESS
Frisbie Group sells new Palm Beach townhouse for $30M
SEP 10, 2021
Frisbie Group sold an oceanfront townhouse in Palm Beach for $29.6 million. The 8,804-square-foot townhouse at 470 S. Ocean Blvd. was sold by 456 South Ocean LLC, managed by Robert Frisbie of Palm Beach-based developer Frisbie Group, to the 470 South Ocean Boulevard Trust, with attorney Jonathan E. Gopman as trustee. It’s not clear who owns the trust. This is the fourth townhouse in the 470 S. Ocean project by the Frisbie Group. Suzanne Frisbie of the Corcoran Group represented the sellers in the deal, while Briggs Heyniger of Brown Harris Stevens secured the buyer.
Rare Townhouse at the Center of Palm Beach, Florida, Sells for $29.6 Million
SEP 10, 2021
The second of the four townhouses that were built on the site of Palm Beach’s iconic Charley’s Crab restaurant has been sold privately for a recorded $29.6 million, according to a newly filed deed.
The price, a record for a townhouse in the town of Palm Beach, surpassed the recorded $26 million that another townhouse in the development brought in a private sale in April, according to Suzanne Frisbie of the Corcoran Group, who represented the seller in the latest sale, which closed Tuesday. Palm Beach sales records in PropertyShark also indicate this was the most expensive townhouse deal in the area…
MAY 25, 2021
Strong family foundation has given the Frisbie brothers (David, Robert Sr., and Rick) the freedom and inspiration to become successful real estate investors and preservationists. More than a meaningful connection and unshakable bond, working together as a family has become a way of life for the brothers and Frisbie Group, their private real estate investment company headquartered in Palm Beach…
New luxury condo planned along West Palm Beach waterfront, on site of old PBAU dorms
MAY 15, 2021
The Frisbie family of Palm Beach plans to to bring the island's breezy but luxurious style to the West Palm Beach waterfront with an upscale condominium slated for South Flagler Drive along the Intracoastal Waterway.
Record setter: First of 4 townhomes brings $26M on old Charley’s Crab site in Palm Beach
APRIL 15, 2021
Frisbie Group has sold — for a recorded $26 million — the first of four oceanfront townhouses the company developed on the site of the old Charley’s Crab restaurant in midtown Palm Beach. It’s by far the most expensive townhouse sale ever recorded in Palm Beach.
Mansion Global: Hot Market for Vacations Homes
APRIL 17, 2021
The Most Expensive Townhouse in Palm Beach, Florida, Gets $26 Million. An oceanfront townhouse, one of the four Mediterranean-style homes developed by Frisbie Group in Palm Beach, Florida, has sold for $26 million, by far the most expensive townhouse ever recorded in the area. The five-bedroom residence has 9,683 total square feet, including the ground level, the second floor and a finished basement. The buyer identity is not known.
Palm Beach homes: Same buyer takes two unfinished condos for $20M total
APRIL 2, 2019
The same Palm Beach homeowner is behind the purchase of two luxury condominiums — totaling $20 million— being built by the Frisbie Group at the mixed-use development rising on the old Testa’s Restaurant property on Royal Poinciana Way. The unfinished condos are the first to sell of the six units in the Royal Poinciana Palm Beach project.
Frisbie Group sells two condos in Royal Poinciana Palm Beach
APRIL 2, 2019
Frisbie Group sold two condos in the new Royal Poinciana project in Palm Beach for a combined $20 million. Dr. Stephen Sullivan, a Massachusetts ophthalmologist, bought a 6,217-square-foot unit for $10.5 million and a 5,475-square-foot unit for $9.5 million, according to Robert Frisbie Jr.
Buildings going up fast at former Testa’s site in Palm Beach
FEBRUARY 1, 2019
Buildings at the former Testa’s restaurant site in the 200 block of Royal Poinciana Way in Palm Beach are quickly coming to fruition. Work is ahead of schedule on the 1.3-acre site and is set to finish in early 2020, according to Cody Crowell, managing director of construction for the Frisbie Group. Each of the six buildings in the complex will have two floors: a restaurant and shops on the bottom, and a luxury condominium on the top. The first, second and third buildings face Royal Poinciana Way, and the other three buildings face Sunset Avenue.
Palm Beach leaders envision more vibrant business climate in town
JANUARY 30, 2019
Business and civic leaders at a workshop Tuesday drew on their experience and ideas to paint a collective picture of what the business climate in Palm Beach could be. Their vision: businesses that thrive year-round, are more inviting to the public, focused on the future, and entrepreneurial in spirit but grounded in the values and aesthetic of the town. More than 40 people attended the town-sponsored workshop at Town Hall, where speakers called for revamping antiquated town regulations and streamlining government oversight so it’s more welcoming to commerce…
Palm Beach to hold second business workshop Tuesday
JANUARY 26, 2019
Business leaders, town staff and the public will join in a workshop Tuesday to discuss how to make business more vibrant and prosperous in Palm Beach. “We are hopeful we will be able to identify certain issues we need to tackle as a community,” said Cody Crowell, construction manager for the Frisbie Group, which is redeveloping the old Testa site on Royal Poinciana Way. The workshop is from 9:30 a.m. until 12:30 p.m. in the Town Council chambers at Town Hall. It’s a followup to last year’s business workshop at Town Hall…
Editorial: Preservation Foundation series helps Palm Beach take serious look at rising waters
The waters are rising. Finally, somebody here is paying attention. Kudos go out to the Preservation Foundation of Palm Beach for its Rising Water Series, which kicked off earlier this month with a talk by environmental journalist Jeff Goodell. He is the author of “The Water Will Come: Rising Seas, Sinking Cities, and the Remaking of the Civilized World.” His lecture was the first in a monthly series through April. Next month will be “Impacts of a Changing Ocean on South Florida” to be followed by talks on preserving property values and the “Search for Flood Solutions at Farnsworth House.”