Cynthia Sulzberger and her husband, Steven Green, have officially purchased a $7.9 million condominium in the brand new, ultra-luxury West Palm Beach residence: Forté on Flagler tower.
Sulzberger, who is the daughter of the late New York Times publishing titan Arthur Ochs Sulzberger, and Green, a managing partner at Ordinance Capital, bought unit 1402 at 1309 South Flagler Drive from Two Roads Development and Alpha Blue Ventures.
A home fit for ‘publishing royalty’
Designed by Arquitectonica and interior designer Jean-Louis Deniot, Forté is a 25-story, 41-unit residence. The tower includes two units per floor with four to five bedrooms each and between 4,200-8,400 square feet of living space.
Along with an unobstructed waterfront view, the building is also home to a number of high-end amenities — such as a 75′ Lap Pool with a Heated Spa Designed by EDSA, State-of-the-Art Fitness Center and Yoga Studio, His and Hers spa, access to guest suites, library and private dining room.
Fellow media mogul and Fox News personality Liz Peek also purchased a unit in the building, along with other notable buyers including Michael Ainslie, the former president and CEO of Sotheby’s Holdings and Ara Cohen, Co-Founder/Portfolio Manager of Knighthead Capital Management.
Figures behind Forté
Reid Boren and Taylor Collins of West Palm Beach’s own Two Roads, and Alpha Blue- fronted, Scott Maslin and Marius Fortelni obtained a condo declaration for the building earlier in the summer and closings began in July. 37 total units have been sold thus far, coming out to a total $289.1 million in sales.
Christian Angle of Christian Angle Real Estate acquired the only two-story 9,000 square foot penthouse, listing it for $47.5 million. John Reynolds of Douglas Elliman and Gary Pohrer with Serphant’s West Palm office have co-listed the two of the remaining units for $14.7 million and $15.3 million, respectively.
Luxury boom and Palm Beach County
The recent luxury boom has also turned the tides for boutique brokerages in Palm Beach County. As of 2024, David Roberts, owner of Royal Palm Properties has been the county’s top broker closing on over $636 million in on market sales, according to analysis from The Real Deal. The one-broker firm exclusively focuses on selling out of its namesake, the Royal Palm Yacht & Country Club.
Sulzberger’s purchase comes off the heels of a July 29 analysis from GOBankingRates.com, which concluded that Palm Beach has officially topped the list of wealthiest suburbs in Florida. According to the data, typical home value in the area has reached a skyrocketing $10.21 million.
