American Eagle Outfitters sells a wide range of beach-y appears to be like for males, from sandals to cutoff denim shorts to V-neck tees. The preppy clothes label’s chief himself ought to replenish — since he’s simply bought a $6.77 million condominium in Miami Seashore.
CEO and chairman Jay L. Schottenstein and his spouse, Jeanie, snagged themselves a three-bedroom, three ½-bathroom unfold contained in the Ritz-Carlton Residences, Miami Seashore, The Submit can solely reveal.
The Ohio-based couple, who’ve three grown kids, will use this pad as a second residence.
The residence, which encompasses a den and a household room, has four,347 sq. ft inside and 755 sq. ft of outside area. Normal renderings for the event, which is slated for completion within the first quarter of 2018 on 47th Avenue within the Mid-Seashore neighborhood, present dwellings with large chef’s kitchens, ethereal ceilings and floor-to-ceiling home windows that permit in that Sunshine State gentle.
The Ritz-Carlton Residences, Miami Seashore — with 111 condominiums and 15 stand-alone villas — is Italian architect Piero Lissoni’s first full-scale architectural mission within the US. The one- to five-bedroom houses vary in measurement from 2,000 to over 10,000 sq. ft; asking costs vary from $2 million to over $40 million.
“The worth and placement have been key for patrons,” says Ophir Sternberg, CEO and founding associate of Lionheart Capital, the mission’s developer. He provides that its Mid-Seashore location “permits an unbelievable sense of privateness for Miami Seashore whereas nonetheless being minutes away from all of the motion.”
Facilities embody an indoor/out of doors spa, a roof-level pool deck with personal cabanas, a health club with an open-air yoga studio and a waterfront bar. There’s additionally a personal marina with 36 boat slips, an on-site captained home yacht and, ought to the Schottensteins need to arrive residence by helicopter, a marine helipad.
Schottenstein, through a spokesperson, tells The Submit he’s wanting ahead to dwelling close to family and friends, in addition to a sure on-site amenity.
“[It] offers us with dock entry, so we could maintain a ship on the premises,” he says.
Retail runs in Schottenstein’s blood. The Schottenstein household — whose internet price totals $2.7 billion, based on Forbes — additionally helms footwear retailer DSW.
Darin Tansey of Douglas Elliman dealt with the itemizing for the Schottensteins’ new unit, whereas Douglas Elliman’s Oren Alexander represented the patrons.