Texas mogul paid $36m for 1963 Coral Gables home, then demolished it
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A Texas property developer recently demolished the Wood Residence, a historic mansion in Coral Gables, Florida. The estate, designed by Alfred Browning Parker, was not designated as a historic landmark. Local preservation advocates expressed frustration over regulatory loopholes ...
A Texas property developer recently demolished the Wood Residence, a historic mansion in Coral Gables, Florida. The estate, designed by Alfred Browning Parker, was not designated as a historic landmark. Local preservation advocates expressed frustration over regulatory loopholes allowing such demolitions without public hearings. The demolition reflects a broader trend driven by rising land values in South Floridaβs luxury real estate market.
Original Source
https://timesofindia.indiatimes.com/world/us/in-2023-texas-mogul-felix-sorkin-paid-36-million-for-an-11000-sq-ft-coral-gables-home-designed-by-alfred-browning-parker-months-later-the-1963-modernist-house-was-demolished-for-a-replacement/articleshow/134567682.cms
