New Jersey Nets CEO acquires Boca Raton 2BD condo

Medium b78e00e072a468541d5e1eedddfcc37d Brett Yormark and Michael Yormark bought a two-bedroom, three-bath condo at 99 S.E. Mizner Blvd. in Boca Raton from Barton Sklansky for $470,000 on Dec. 2.

Sklansky paid $519,000 for the property in April 2004. The 1,816-square-foot house was built in 2003 in Boca Raton Eastside. It is part of the Palmetto Place development.

Brett Yormark is the president and the CEO of Brooklyn Sports & Entertainment. He is also the CEO of the New Jersey Nets.

According to BlockShopper.com, there have been 774 condo sales in Boca Raton during the past 12 months, with a median sales price of $220,000.

Address: 99 Southeast Mizner Boulevard, Unit: 11
Buyer(s): Brett Yormark and Michael Yormark
Seller(s): Barton Sklansky (Individually and as Trustee) and Barton Sklansky (Trust)
Sale date: Dec. 2, 2010

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