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Real Estate Rumors: Admiralty, NYC Penthouse, Hersha

By Andrew McIntyre (February 3, 2017, 3:45 PM EST) -- Admiralty Acquisition Co. has sold an office building in Palm Beach Gardens, Florida, for $18.53 million, according to a report in the South Florida Business Journal on Friday. The deal is for an 83,000-square-foot, 10-story property at 4400 PGA Blvd., the journal said. The buyer is Dr. A. John Merola who is based in Jupiter, Florida, according to the report....

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