Media mogul Jon Steinberg drops $15M on Palm Beach spec home

by Kate Hinsche

Jon Steinberg, a media executive known for founding Cheddar News, bought a Palm Beach spec home for $14.6 million in an off-market deal.  Records show Steinberg and his wife, Jill Steinberg, bought the house at 234 List Road from Valley Property Management LLC, a Massachusetts entity managed by Phil Cambo. Cambo is the president of Palmer, Massachusetts-based Northern Tree Service. Steinberg recently started in a new role as managing director of the Media, Entertainment & Sports Group at the asset management firm Lazard. He is based in the company’s West Palm Beach office, according to its website. Prior to joining […]This article originally appeared on The Real Deal. Click here to read the full story.

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