Bankrupt West Palm Beach condo sells for $14M at auction

A West Palm Beach condo complex sold via bankruptcy for $13.5 million, signaling for potential redevelopment on a rare piece of land in the booming town. An entity linked to Woodfield Development partner Ross Abramson purchased all 84 units at the Green Terrace condo through an auction. The community encompasses 13 buildings and a clubhouse at 2800 Georgia Avenue, about a mile east of the regional airport. The condo association filed for bankruptcy in April 2025, records show, following the city’s claim that the association owes it $1.4 million in unpaid water bills and $1.5 million in code enforcement violations. […]

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