Businessman James H. Dahl and wife Kathleen have decided to bow out of their three-bedroom, 3.5-bath condo at One Beacon Court, the tower beloved by businessmen everywhere. While another building may have taken the Dahls’ departure personally, we’re sure that One Beacon Court wasn’t offended at all. How could the totally professional tower begrudge the couple for making $8 million on the sale of their condo? Especially when the sale set the price per square foot record for the building?
Mr. Dahl, who is founder of the Florida-based Rock Creek Capital, an environmentally-focused investment fund, paid just $5.49 million for the condo back in 2005, according to city records. In the intervening years, like a wetland on the edge of burgeoning suburb, its value went up considerably. Read More