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Updated on December 8, 2004 This Afternoon: Sunny with a high of 85

Eye on South Florida

No bucks spared for disgraced exec’s house
The rich sure are different. Here are three stories that prove it.
 
Published Wednesday, July 3, 2002

 
  Scott Sullivan, WorldCom’s fired chief financial officer, is having this million-dollar mansion built in the Le Lac neighborhood just north of Boca Raton. Sources tell the Eye the 650-square-foot master bedroom will feature a bed made of imported mah

Scott Sullivan, the man at the center of the $4 billion WorldCom scandal, is building one of South Florida’s most expensive homes ever – a gaudy temple of greed worth more than $20 million, by some estimates.
While the rest of us may be paying for Sullivan’s twisted business practices and with 17,000 WorldCom employees now looking for a job, word in the man’s entourage is that the specs of the soon-to-be-finished home – near former Marlins owner John Henry’s palace in the Le Lac neighborhood just north of Boca Raton – are simply mind-boggling.
According to our source, a close Sullivan friend who requested that his name not be used, the home is 350 feet long, offering nearly 20,000-square feet of habitable space. Located near Military Trail and Clint Moore Road, the place is designed with a chapel with colored glass, a movie theater with 20 seats and 180 windows costing a total of $1.2 million.
It also has a boathouse. Sullivan, 40, plans on cutting his own canal to the development’s small lake.
Inside, a foyer with 35-foot ceilings is to welcome visitors. Then, a marble grand staircase leads to the second floor, where the 650-square-foot master bedroom will feature a bed made of imported mahogany. There are nine others bedrooms, and as many bathrooms.
Decoration plans call for the Olympic-sized pool to be covered in fine hand-painted, hand-installed mosaic referencing Roman motifs.
Sullivan’s place has not just one but two wine cellars, made of Chicago brick, and a six-car garage – in marble.
The outside walls are also made of solid, imported marble. Two-dozen Romanian craftsmen have been carving the marble in excruciating detail for the past two years. They’ll be working for another year - if Sullivan has enough dough to finish the job.
A source tells the Eye that Sullivan, the fired chief financial officer of the scandal-plagued telecom giant, recently called the home’s builder, Frank Ludlow, to soothe his soul.
“Don’t worry,” Sullivan reportedly told him, “this house will be finished. I’ve got plenty of money left. I made some good investments.”
Ludlow said he couldn’t comment on anything, and Sullivan couldn’t be reached for comment.
Those who want an over-the-top house that only a guy like Nero would live in may want to keep an eye on this one. I have a feeling that the property may be available for song in the near future.






A deal’s a deal, son!

Jimmy Batmasian, 26, returned home from a family reunion in California recently only to find an eviction summons on the door of his Deerfield Beach apartment, which he and a roommate rent for $445 a month each.
The weird thing is: Tivoli Park, the development in which the young man is renting. belongs to his daddy, big-deal Boca Raton developer Jim Batmasian – and the notice was served while father and son were at the family reunion.
“My dad is a cut-throat businessman first and foremost,” the younger Batmasian said. “He’s a family man second.”
The fact that his dad has millions doesn’t mean a thing where renters are concerned, Jimmy added.
“He did this while we were on our family trip. That’s a stab in the back,” he said.
Jimmy, who once worked for his father, admitted to the Eye’s Stephanie Slater that he was a few weeks late on the rent he pays to his dad’s company.
“While we were on our vacation, I told my dad I forgot my checkbook and would take care of the rent when we got back,” Jimmy said. “He must have called and instructed the people in his office to file an eviction against me.”
And if you think that’s cold, check this out. The offensive summons was served on June 27. Hours later that day Jim, owner of Royal Palm Plaza in downtown Boca, called Jimmy to invite him out to dinner.
He didn’t accept.
Jimmy said it’s not the first time that his ol’ man has let money affect a family relationship: About 10 years ago, the elder Batmasian went after his brother-in-law for $80. At the time, Jimmy said, his uncle owned Boca’s Acapulco Grill, now the Baja Café. The property, however, was owned by Jim.
The elder Batmasian didn’t return calls for comment.

Jimmy Buffett on land-buying spree

Tropical troubadour and novelist Jimmy Buffett already owns a mansion and two condos in Palm Beach that total of nearly $10 million, but he apparently needed another home.
Real-estate sources on the island tell the Eye that Buffett, the singer of “Margaritaville” and “Let’s Get Drunk,” has a contract to buy a small cottage on Root Trail - the posh island’s art colony that is at times referred to as Greenwich Village. Price tag: $800,000.
Word is that Buffett wants to use the 2,000-square-foot cottage, which is less than a mile from his main beachside abode, as a place where he can write music and novels in peace.
The seller is making out like a bandit. Gardner Rogers, a retired Air Force pilot, bought it in the ’60s for a mere $40,000.



With
Stephanie Slater
• Got a tip for the eye? •
Call 893-6639 or e-mail sslater@bocanews.com


Read Jose Lambiet’s Confidential column in Star magazine

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Copyright 2002 - Boca Raton News
 
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