Home #Hwoodtimes The unfinished penthouse at Tiffany in Palm Beach is going to auction.

The unfinished penthouse at Tiffany in Palm Beach is going to auction.

Audrey Hepburn would have been in heaven! Instead of Breakfast at Tiffany’s, she could have had breakfast, lunch and dinner on Tiffany’s – every day of the week! Time for a script rewrite when it comes to the Palm Beach penthouse that sits atop Tiffany – the store that brings tears of joy to so many women. No need to catch a cab or bus or walk more than a few feet to one of the world’s premier jewelry stores. With the main structure completed and considering its unique and enviable location directly on Worth Avenue, South Florida’s Rodeo Drive, the builder felt the buyer would have specific design tastes and is selling the space unfinished at auction on March 15th. With a figure of around $20 million in mind.

Just like Tiffany, some institutions never change, like window shopping on Palm Beach’s glitzy Worth Avenue. The epicenter of the ritzy town where the wealthy shop at Chanel, Gucci, Lilly Pulitzer and Tiffany. Before they head out to their yachts, polo matches and dinner at the Everglades Club where billionaires enjoy socializing with their peers. Not too far from President Trump’s Mar-a-Lago or the former Joseph Kennedy family mansion that sold in 2020 for $70 million.

New owners of the building, Kean Developers, have turned the second floor above Tiffany into a five-bedroom, seven-and-a-half bath residence with staff quarters totaling 13,000 square feet, including the new upper level. Notably, they added a level to include a rooftop terrace with swimming pool, game room, bar and gym. There is also a rooftop glass-walled pergola, spa and waterfall. Located near the center of Palm Beach, it is just a few steps to the Atlantic Ocean to the east, the Intracoastal Waterway to the west, and the Everglades Golf Club greens just across the street.

The yet-to-be-completed Tiffany Building penthouse is currently listed with John Reynolds and Gary Pohrer of Douglas Elliman, Palm Beach, at $19.5 million while waiting to hit the auction block on March 15th.

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Valerie Milano is the well-connected Senior Editor and Entertainment Critic at TheHollywoodTimes.today, a website that aggregates showbiz news curated for, and written by, insiders of the entertainment industry. (@HwoodTimes @TheHollywood.Times) Milano, whose extraordinary talents for networking in the famously tight-clad enclave of Hollywood have placed her at the center of the industry’s top red carpets and events since 1984, heads daily operations of a uniquely accessible, yet carefully targeted publication. For years, Milano sat on the board and tour coordinator of the Television Critics Association’s press tours. She has written for Communications Daily, Discover Hollywood, Hollywood Today, Television International, and Video Age International, and contributed to countless other magazines and digests. Valerie works closely with the Human Rights Campaign as a distinguished Fed Club Council Member. She also works with GLSEN, GLAAD, Outfest, NCLR, LAMBDA Legal, and DAP Health, in addition to donating both time and finances to high-profile nonprofits. She has been a member of the Los Angeles Press Club for a couple of years and looks forward to the possibility of contributing to the future success of its endeavors. Milano’s passion for meeting people extends from Los Feliz to her favorite getaway, Palm Springs. There, she is a member of the Palm Springs Museum of Art and a prominent Old Las Palmas-area patron.