Billionaire Paul Tudor Jones has received approval to purchase a portion of Essex Court in West Palm Beach for $220,000 to build a private compound featuring two homes. This action, sanctioned by the City Commission, enables Jones to expand his waterfront properties. Jones's adjacent properties total around 2.3 acres. Despite official approvals, the plan has faced resistance from local residents who are worried about the removal of public space and the implications for community access.
"The area he's getting is south of the Southern Boulevard community nicknamed SoSo. Jones bought 215 Essex Lane last year for $6.4 Million..."
"Cheguis said they were told how much space was needed. 'So we left 30 feet from the swale back, and that's what we had to do to satisfy that'..."
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