Billionaires’ Hotel Plan Sparks Another War in Palm Beach

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Billionaires’ Hotel Plan Sparks Another War in Palm Beach
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“It’s another billionaire taking over our town and depriving the residents of peace and quiet,” long-time local Susan Gary told The Daily Beast.

Last spring, a company owned by the British billionaire brothers David and Simon Reuben, acquired The Chesterfield hotel for $42 million. They soon announced a plan to restore the property’s former name, The Vineta, and submitted a proposal that included increasing the number of dining seats by 74 percent, to 197, multiple residents said.

Other critics were more direct. joined a scrap-metal company in 1958, while Simon started working a few years later at a carpet importer. Each is now worth $6.4 billion,The siblings have generally enjoyed a quiet reputation, though they recently made news amid the downfall of, who had sold them a painting of Pablo Picasso by Rudolf Stingel.

“This is a slippery slope and we must not begin to allow the charm of our island to be ruined,” she wrote.

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