News & Media

A Fisher Island Catch

FORMER NORTHWEST AIRLINES Chief Executive John Dasburg who subsequently ran Burger King and now heads Astar Air Cargo (formerly know as DHL Airways), just sold his Fisher Island, Fla., retreat for $4.9 million (Mr. Dasburg paid $4 million in fall 2002 for the condo, records indicate.) Chicago-based journalist and financial consultant Ted Pincus - who used to own Financial Relations Board, a financial public-relations firm - bought the home. The island's 18 clay tennis courts attracted Mr. Pincus; also, he wanted a place that his five kids and 10 grandchildren could visit. The condominium unit has four bedrooms, plus a maid's room, and measures about 4,950 square feet with 2,000 square feet of terrace area. It has views of the ocean and the private Fisher Island beach. Both new construction and resales have been strong on the island, says Phyllis Winick of Fisher Island Realty. Pamela Ibargue of Fortune represent Mr. Dasburg in the sale; Jill Eber and Jill Hertzberg of Coldwell Banker represented Mr. Pincus.


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