Word: yachting
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Dates: during 2000-2009
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...foreclosed duplexes, then developing town houses and branching into condo conversions as the market went nuts. He soon built a statewide empire with 300 employees, including a staff priest who blessed his projects. He bought a waterfront mansion in Coral Gables, a fleet of classic cars, a Ferretti yacht, huge collections of fine wine, Cuban art and luxury watches. Just last year he spent $80,000 on an antique billiard table...
...course, he got stucco. Now that South Florida has tied Las Vegas as the nation's fastest-tanking real estate market, Puig is bankrupt, with $80 million in debts. His mansion was liquidated for $11.4 million, and his yacht went back to the bank. At Puig's bankruptcy auction, bidders competed for a necklace studded with 226 diamonds, a Sopranos pinball machine, a 1965 Ferrari, nine designer bikes and other bubble baubles. The billiard table went for $25,000. "It's amazing how fast it all came crashing down," says Puig's criminal defense attorney, Joel Hirschhorn...
...Shore, Leith is perhaps best known for the Sir Terence Conran-designed Ocean Terminal, www.oceanterminal.com. This sprawling three-story shopping mall features all the usual big-box stores but also a handful of cafés, bars and restaurants with floor-to-ceiling views onto the decommissioned Royal Yacht Britannia, www.royalyachtbritannia.co.uk. Moored outside, the spotless vessel, with its gleaming engine room (but surprisingly modest royal apartments) is now a museum, harking back to an earlier age of travel and empire. But Leith doesn't worry too much about the past these days. It's pulling away from its gritty history...
...French Riviera, sitting on your 100-foot yacht, and planning a cocktail party for 60 of your closest movie-star friends. Now let's say you decide that your party absolutely, positively requires a bushel of Patagonian blueberries, a case of 1990 Dom Perignon, some bongo drums, and a pair of llamas. Who do you call...
...reporter called up McNeilly and he said that he had never had a yacht,” O’Brien said...