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Randy & Nick’s $14M Delray Beach Mansion Sale to Kevin James Brings Flurry of International Press

The man who gave us “Paul Blart Mall Cop” and “The King Of Queens” just spent $14 million on an enormous six-bedroom oceanfront estate in Delray Beach, Florida.

Apparently, Kevin James has been eyeing this property for a while and was able to get it for less than the $15,950,000 it was originally listed at. The property was recently renovated both inside and out. A team of architects and interior designers redesigned and upgraded the oceanfront mansion according to property records.

James’ purchase of a Delray Beach mansion for $14 million, with the help of Nick Malinosky of Douglas Elliman, set off a press flurry across the globe.

Here are links to the highlights from some of the most acclaimed news sources in the world:

New York Post

Chicago Tribune

The Courier

Sun Sentinel

Yahoo!

Architectural Digest

Realtor.com

San Antonio Express News

Dirt

PopCulture

MSN Singapore

WDBO 107.3FM

The Daily Mail UK

This is Money UK

 

 

 

New York Times Post

LA Times

OK! Magazine

Orlando Sentinel

Yahoo! Finance

Beaumont Enterprise

Laredo Morning Times

The Telegraph

South Florida Business Journals

The Real Deal South Florida

MSN Malaysia

Newsbrig.com

Mail on Sunday UK

MSN Australia

 

Kevin James Buys Oceanfront Mansion in Delray Beach for $14M

Pretty nice for a “Mall Cop.” The actor Kevin James has purchased an oceanfront property in Delray Beach, FL, for $14 million.

The “King of Queens” star may also be the king of the real estate deal. The mansion landed on the market in May 2020 with a price just shy of $16 million, but James closed a deal for almost $2 million under the initial asking price.

Nicholas Malinosky of Douglas Elliman, who represented the seller, and Jake Elkins of William Raveis, who repped the buyer, both declined to comment on the deal.

See full story on Realtor.com 

Along the Coast: Agents Say Residential Market Shows Recovery In Sales, Rentals

June is normally when real estate professionals — who help connect sellers and buyers of luxury homes along South Florida’s coast — can relax a little and catch their breath. This was not a normal June, however, and instead of kicking back, many real estate professionals went into July working overtime as the residential home market kicked back up.

“This has been the busiest June we’ve had in my 17-year real estate career,” said Nick Malinosky, executive director of luxury sales for Douglas Elliman Real Estate. “I’m three times busier than I would normally be this time of year.”

Read more at The Coastal Star

Phil Swift of Infomercial Fame Buys Florida Home for $20 Million

Phil Swift, a boisterous entrepreneur who made his name appearing in infomercials for his company’s waterproof adhesive bonding tools, has purchased a home in Gulf Stream, Fla., for $20 million.

The property, one of the most expensive ever sold in the area, had been on the market for $21.95 million, according to listing agents Devin Kay and Nick Malinosky of Douglas Elliman.

Read more in The Wall Street Journal

Randy and Nick Draw Large Scale Press Coverage with $20 Million Sale to Phil Swift

Infomercial magnate and Flex Paste creator Phil Swift has completed one of his biggest deals yet: the purchase of a $20 million oceanfront mansion in Gulf Stream, Florida. Swift lived up to his name by making an offer only a few days after the listing hit the market.

Originally priced at $21.95 million, Douglas Elliman agents Devin Kay and Nick Malinosky were surprised the listing sold so quickly since Florida’s sales pace picks up in the winter when homebuyers are looking to escape to warmer climates.

The sale was major news throughout the industry, and widescale press coverage ensued. Below are links to some of the more notable coverage:

Forbes

 

The Wall Street Journal

 

The Real Deal

Mansion Global

 

Inman

Lux Expose

 

Douglas Elliman Honors Top Agents in Florida at The Ellies – The Firm’s Annual Awards Celebration

The prestigious Pinnacle Club Award winners, presented to Florida agents and teams who made over $1 million in 2019, incuded Carmenate/Duchon, The Senada Adzem Team, Oren Alexander, Bill and Bryan Team, The Carroll Group, The Cotilla Luxury Team, The Randy & Nick Team and Lisa Wilkinson.

Read the full story at Miami Beach Community Newspapers

Pro golfer Jeff Sluman sells Delray Beach townhouse for $3.65 million

PGA star Jeff Sluman has swung a sale of his Delray Beach, Fla., townhouse. The contemporary beauty closed for $3.65 million at the end of March.

Sluman purchased the South Florida residence in 2017 for exactly the same price. Two years later, he placed the property on the market for $4 million. It sat on the market for a year with no movement, until the golfer decided to forgo a profit and accept an offer at the price he paid.

Nicholas Malinosky of Douglas Elliman held the listing. Pamela Stolle Agran of Lang Realty represented the buyer.

Read the full article at the Chicago Tribune

Press Storm Ensues After Pro Golfer Jeff Sluman Sells Delray Townhouse For $3.65 Million

PGA star Jeff Sluman has swung a sale of his Delray Beach, FL, townhouse. The contemporary beauty closed for $3.65 million at the end of March.

Set on the Intracoastal Waterway, the development, which is known as Seagate Yacht Club, features only 10 units in an exclusive enclave located just three blocks from the Atlantic Ocean. With 4,486 square feet spread across three stories, this home’s floor plan offers water views, an abundance of natural light, and a rooftop terrace.

Nicholas Malinosky of Douglas Elliman held the listing, the sale of which triggered an international press frenzy.

 

Sun Sentinel

 

Chicago Tribune

 

The Telegraph

 

Westport News

 

The Hour

 

LMT Online

 

Middletown Press

 

My San Antonio

 

 

The LA Times

 

The SF Gate

 

Register Citizen

 

The Stamford Advocate

 

The New Milford Spectrum

News Times

 

The SF Gate

 

Realtor.com

 

Mansion Global

 

Douglas Elliman Honors Top Florida Agents

Douglas Elliman recently honored its top performing agents across the country at “The Ellies,” the brokerage’s annual awards ceremony.

Top performers from Florida, including the markets of Boca Raton, Fort Lauderdale, Miami, Miami Beach, Palm Beach, Bay Harbor Island, Jupiter, Wellington, Delray Beach, Manalapan, St. Petersburg and Coral Gables, were among the honorees at this year’s event.

Douglas Elliman Florida realized a banner year in 2019; the brokerage represented six out of the top 10 residential sales in South Florida for the year and closed over $5.3 billion in total sales, up 12% from last year.

“I am honored to celebrate the tremendous success our agents have accomplished this year, and I’m incredibly proud of their extreme dedication that has earned numerous record-breaking achievements in 2019,” said Douglas Elliman Florida CEO Jay Phillip Parker in a press release. “As we further cement our position as market leader in Florida, I look forward to supporting the growth and 2020 goals each of our agents look to accomplish this year.”

The Top 10 Florida Teams by gross commission income were:

  • Leavitt McIntosh Team, Palm Beach
  • The Carroll Group, Miami
  • The Bill and Bryan Team, Miami
  • Strickland Group, St. Petersburg
  • The Senada Adzem Team, Boca Raton
  • Carmenate/Duchon, Miami
  • The Randy & Nick Team, Delray Beach
  • RMI Team, Miami/Fort Lauderdale
  • The Cotilla Luxury Team, Boca Raton
  • Rubin + Morr, Miami

Read the full story at South Florida Agent

Douglas Elliman Honors Top Agents in Florida at The Ellies – The Firm’s Annual Awards Celebration

Douglas Elliman Real Estate, the second largest independent residential real estate brokerage in the United States by sales volume, celebrated the firm’s world-class agents from around the nation at its annual awards ceremony – The Ellies. Top performers from Florida, including the markets of Boca Raton, Fort Lauderdale, Miami, Miami Beach, Palm Beach, Bay Harbor Island, Jupiter, Wellington, Delray Beach, Manalapan, St. Petersburg and Coral Gables, were among the honorees at this year’s event held at Mohegan Sun in Uncasville, CT.

Nationwide sales for Douglas Elliman in 2019 totaled $28.7 billion as the company continued its nationwide growth into new markets. The firm was responsible for 44,726 sales and rental transactions, and was ranked the number two brokerage in the nation by sales volume.

“Every year, our skilled and talented agents prove their status and reputation as best in class, and 2019 was no exception. We are thrilled to celebrate the extraordinary results of their hard work at the 2020 Ellies,” said Howard M. Lorber, Executive Chairman, Douglas Elliman Realty, LLC. “As always, Elliman remains committed to providing our agents with the best technological and marketing resources to help them excel, and we know that they will continue this unbridled success in 2020 and beyond.”

“I am honored to celebrate the tremendous success our agents have accomplished this year, and I’m incredibly proud of their extreme dedication that has earned numerous record breaking achievements in 2019,” said Jay Phillip Parker, CEO of Douglas Elliman Florida. “As we further cement our position as market leader in Florida, I look forward to supporting the growth and 2020 goals each of our agents look to accomplish this year.”

Tied at (#1) and leading the Top 10 Teams for Florida by Gross Commission Income (GCI) werethe Leavitt McIntosh Team, based out of Palm Beach and The Carroll Group, based out of Miami, followed by the Bill and Bryan Team (#3), Strickland Group (#4), The Senada Adzem Team (#5), Carmenate / Duchon (#6), The Randy & Nick Team (#7), RMI Team (#8), The Cotilla Luxury Team (#9) and Rubin + Morr (#10).

Read the full article at South Florida City Biz List