Hyatt’s Former President Ed Rabin Sells Apogee Rental For $8M

Ed and Jackie Rabin and the Apogee condos (Getty, Apogee)

The former president of Hyatt Hotels Corp. offered his South Seaside condominium for $7.5 million.

Edward “Ed” W. Rabin, individually and as trustee of a have confidence in in his title, and Jacquelyn “Jackie” Tyler Rabin offered device 1103 at Apogee, at 800 South Pointe Push in Miami Beach, to Donald Gaiter and Gloria M. Gutierrez, in accordance to documents.

Ed Rabin served as president of Hyatt Hotels Corp. until finally 2006. He had worked there given that 1969. Just after retiring from Hyatt, he joined the board of directors of Sally Natural beauty Holdings, according to its internet site.

Gloria Gutierrez is government vice president and corporate counsel of Burlington, Massachusetts-centered industrial real estate agency The Gutierrez Business. She joined the organization in 1999 and has held her latest posture considering that 2006, according to the company’s internet site.

The Rabins bought the rental in 2008 for $3.8 million, information exhibit. The device was shown in January for $7.9 million.

The device bought for $2,721 per square foot, marking the most costly condominium sale of the week in Miami-Dade County, according to condos.com.

Stacy Robins of Stacy Robins Companies represented the sellers, and Dan Hechtkopf with Douglas Elliman represented the potential buyers.

Residence data exhibit the three-bed room, three-and-a-half-bathroom device spans 2,756 square feet with ocean views. In accordance to the listing, it has been transformed into a two-bedroom device. The apartment also has a terrace with an outside kitchen and will come with two-and-a-fifty percent parking spaces.

Made by Sieger-Suarez, Apogee was designed by the Connected Group in 2007. The condo building has 68 models in the course of 22 tales.

Final thirty day period, Jim Pulaski, a previous hedge fund supervisor, bought a unit at Apogee for $12.2 million. In 2019, a rely on tied to Chicago’s Crown spouse and children acquired a unit for $11.3 million.