A Brazilian businessman is suing a real estate firm over the sale of his mansion, claiming he lost $6 million on the deal. Leo Kryss, co-founder of Tectoy , accuses Douglas Elliman of misleading him about the buyer's identity, according to The Wall Street Journal.
Kryss listed his seven-bedroom, 11 1/2-bathroom home in Miami Beach's Indian Creek Village for $85 million. The firm allegedly told him the buyer would not pay more than $79 million. Kryss asked the firm’s CEO, Jay Parker, if Amazon founder Jeff Bezos was the buyer. "Parker misleadingly assured Kryss that Bezos was not behind the offer and was not the purchaser,” states the lawsuit filed in July.
After selling the property for $79 million, Kryss discovered that Bezos was indeed the buyer. Kryss argues that knowing Bezos was interested would have impacted his negotiation and final sale price. Wealthy buyers often hide their identities to avoid price increases.
Bezos is the world's second richest person, with a net worth of $204 billion. Kryss claims the mansion would be more valuable to Bezos due to his property holdings in the area. Bezos’ real estate portfolio includes properties in New York, Beverly Hills, West Texas, and Washington, DC.
The lawsuit was filed in the 11th Judicial Circuit in Miami-Dade County. Kryss' Miami mansion is in Indian Creek Village, home to prominent figures like Ivanka Trump and Tom Brady.
Kryss listed his seven-bedroom, 11 1/2-bathroom home in Miami Beach's Indian Creek Village for $85 million. The firm allegedly told him the buyer would not pay more than $79 million. Kryss asked the firm’s CEO, Jay Parker, if Amazon founder Jeff Bezos was the buyer. "Parker misleadingly assured Kryss that Bezos was not behind the offer and was not the purchaser,” states the lawsuit filed in July.
After selling the property for $79 million, Kryss discovered that Bezos was indeed the buyer. Kryss argues that knowing Bezos was interested would have impacted his negotiation and final sale price. Wealthy buyers often hide their identities to avoid price increases.
Bezos is the world's second richest person, with a net worth of $204 billion. Kryss claims the mansion would be more valuable to Bezos due to his property holdings in the area. Bezos’ real estate portfolio includes properties in New York, Beverly Hills, West Texas, and Washington, DC.
The lawsuit was filed in the 11th Judicial Circuit in Miami-Dade County. Kryss' Miami mansion is in Indian Creek Village, home to prominent figures like Ivanka Trump and Tom Brady.
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