South Florida Sun Sentinel
Aug 25, 2021 11:13 AM
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When you live in the pressure-cooker world of pro sports in the Big Apple, there’s nothing like a little South Florida getaway. And this place is nothing like one.
And the resort-style home smashes it out of the park.
The palatial pad, known as the Rockybrook Estate, features seven bedrooms, 14 bathrooms, a 250,000-gallon heated pool, a sauna and a tennis court. It also has a wine room, a salon, a two-lane bowling alley and a 20-seat viewing theater — a suitable alternative for watching Mets games if Cohen’s not at the team’s ballpark in Queens.
Senada Adzem of Douglas Elliman represented the seller and Gerard Liguori of Premier Estate Properties represented Cohen. Both agents were unavailable for comment.
Cohen, 65, runs the hedge fund Point72 Asset Management and has a reported net worth of $16 billion, according to Forbes. A New York native, he purchased the Mets in November 2020 for $2.4 billion, the highest price ever for a Major League Baseball franchise. The West Delray mansion gives him a closer commute to the team’s spring training facility, which is 75 miles north in Port St. Lucie.
The 2.7-acre lot is in the exclusive Stone Creek Ranch, a luxurious gated community boasting 37 estates that typically range from $3.5 million to $20 million. The home at 9192 Rockybrook Way previously sold for $19 million just months earlier in March, according to property records.
Since the beginning of the COVID-19 pandemic, South Florida has seen a boom in luxury home and condo sales from out-of-state buyers, raising questions of how much longer the supplies will last. In Delray Beach, a developer is building two exclusive luxury condos on beachfront property. One of those properties, which is set to open later this month, is listing its individual units between $5.7 million to $10 million.
New York Mets owner Steve Cohen attends a news conference at a COVID-19 vaccination site at Citi Field, the home of the Mets, Wednesday, Feb. 10, 2021, in the Queens borough of New York. (AP Photo/Mary Altaffer) (Mary Altaffer/AP)
The lavish West Delray mansion is the latest luxurious property owned by Cohen, who has a reported net worth of $16 billon, according to Forbes. Cohen lives full-time with his family in a 35,000-square foot mansion in Greenwich, Conn. The home, which sits on a 14-acre estate, is valued at more than $14.8 million, according to Business Insider.
Cohen also has a West Coast footprint, owning a $35 million mansion in Beverly Hills. The 12-000-square foot California mansion has nine bedrooms and 13 bathrooms.
Months before snatching up his new West Delray home, Cohen sold his 9,000-square foot penthouse in Manhattan for $29.5 million — down 74 percent from his initial asking price of $115 million, according to Bloomberg.
