WeatherTech, Oracle billionaires pay $67M for slices of neighboring Manalapan land

Larry Ellison and David MacNeil are expanding their Manalapan waterfront turf after dropping a combined $67 million on portions of their neighbor’s land.  Oracle’s Larry Ellison and WeatherTech’s David MacNeil bought the land from Florida real-estate developer Stewart Satter, who last year planned a record-setting $285 megamansion on the 4-acre property, the Wall Street Journal reported. That plan never came to fruition, and Satter is now dividing the land between MacNeil, who owns property north of Satter’s, and Ellison, who has a 15-acre compound to the south. MacNeil has paid $32 million for part of the Satter parcel, property records […]

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