The Surf Club, An Old Patrician Refuge, Is Sold For $116 Million

The Surf Club, that old bastion of Miami Beach WASP-ishness (your Editor took Cotillion lessons there when he was a little pipsqueak of a kid) will be sold to a Turkish conglomerate for $116 million. The Surf Club's storied history is peppered with many great names of the twentieth century, including the Duke and Duchess of Windsor, General MacArthur, Elizabeth Taylor, and Winston Churchill (he painted watercolors in his cabana). No word yet on what the Turks will do with the place, but the Club's historic designation and the strict 12 story height limiting the Town of Surfside will require a level of gentlemanly restraint. We're dreaming of an oceanfront hookah lounge, perhaps just off the Grand Ballroom, or maybe even a set of Turkish Baths in convenient proximity to the cabana colony. · Surf Club to be sold for $116 Million [exMiami]
· Successful bid for stake in Surf Club [DBR, behind paywall]