Owner said to be courting return to home sweet home
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In any light, it’s a Palm Beach beauty: a John Volk-designed ocean-to-lake estate, owned by a string of millionaires and boasting 300 feet of beachfront.
But its current owner — who spent millions on renovation — hasn’t set foot inside 1930 S. Ocean Blvd. for at least 18 months.
The 20,000-square-foot house is a hostage to the federal court system. It secures a $20 million bond that has allowed owner Conrad Black to stay in a suite at The Ritz-Carlton in Chicago instead of a jail cell since his trial on fraud and racketeering charges began last month. Likewise, the bond kept him free at home in Toronto during the 18 months leading up to jury selection.