Real Estate

Billionaire Steven Schonfeld buys Florida mansion for $111 million


La Reverie, the six-acre estate on Palm Beach stretches over 70,000 square feet.


Hedge fund billionaire Steven Schonfeld and his wife bought a sprawling Palm Beach estate for $111 million, making it the most expensive home ever sold in Florida.

Schonfeld, the founder of New York-based Schonfeld Strategic Advisors, closed on the six acre-estate known as La Reverie Tuesday, according to a spokesman.

The estate, sold by hair-care mogul Sydell Miller, has more than 70,000 square feet of living space, with 11 bedrooms, 22 bathrooms, a bowling alley, salon, spa and elaborate ice cream stand and candy parlor. It had been listed for $200 million.

La Reverie, the six-acre estate on Palm Beach…


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