Palm Beach isn’t just for retirees anymore. In fact, Palm Beach County is growing fast and young people are choosing to make Palm Beach their home over other major urban cities like Boston and New York. As Wall Street, hedge funds and private equity firms set up offices in downtown West Palm Beach and along the tony Royal Way, the Next Wave of residents are making PB the place to be.
As a new resident of Palm Beach, young director of the Adelson Cavalier Gallery, Adam Adelson thoroughly enjoys the warm sunny climate here. “I grew up in New York and my family had a house in Wellington for years, but I love how happy everyone is in Palm Beach, enjoying the warm winters rather than being cold in the northeast.” The Adelson Galleries, named after his father, Warren who started the business in 1964, is located in New York and Boston recently merged with Cavalier Galleries who had galleries in New York, Nantucket and Greenwich. Now the newly formed, Adelson Cavalier Galleries has found a home on Worth Avenue where they are able to combine 85 years of experience in the art business, bringing their expertise in the fields of Impressionism, Realism, Modernism and Contemporary Art under one roof. “Worth Avenue offers a wide range of galleries that provide world class artworks,” says Adelson "and that contributes to the avenue’s continued growing prestige.”
It is hard to go anywhere in Palm Beach without hearing about the new retail store, Casa Gusto. Filled with old and new goods gathered from around the globe, Charles Peed and his fashionable mother, Cris Briger set up their new venture in a renovated warehouse on Georgia Avenue in West Palm Beach. Having spent most of his childhood living between Mexico and the states, Charles and his mother knew they wanted to collect 17th and 18th century furniture along with vintage fabric pillows and cushions, hand molded ceramics from France that Charles quickly adds, “dresses a table in colors that you can almost taste, to lively and exotic canvases from artist, Catharine Warren making the old warehouse walls come to life.” On setting up a business in Palm Beach, Peed says. “Palm Beach is a perfect background for our business as it’s so physically beautiful that going to work every day is a visual feast. People that live in the area seem to share the same appreciation for art, antiques and objects and the island attracts a worldwide population so it feels like an international city without all the big city problems. Plus”, he continues,” The Breakers Palm Beach has a real sense of history for my family. My mother and stepfather have been vacationing here for decades which makes the whole experience more comfortable.”
Diego Urrutia, a banker in the Palm Beach office of J.P. Morgan Private Banking who has lived in Argentina, Singapore, London and New York, Palm Beach is a wonderful place to do business and raise a young family. “I help individuals and their families build, preserve and manage their wealth and Palm Beach provides an authentic opportunity to collaborate with and learn from the most accomplished individuals in the world in a friendly and approachable setting,” says Urrutia. “Having moved from New York City last April, my wife and I have a markedly different lifestyle that is conducive to being present, engaged and active as a family. Plus, Palm Beach is so small, you not only do you get to know people well, but also who your kids are hanging out with and that is important to us. Furthermore, from every sport or activity, from equestrian to nautical to golf and tennis, Palm Beach has it all.”
After graduating from the University of Miami, Jonathan Duerr began his career in real estate. Now several years later, he is still in the game and has been actively working for William Ravis for over nine years which recently merged with The Fite Group. “I love what I do and where I live for what I do,” Duerr responds enthusiastically. “Helping others find homes to make memories in, in a place I love and call home, has given me so much.” Having been in Florida now for over half his life, Duerr explains the importance of developing relationships and giving back to the community. “I have cultivated great relationships with local business owners, chefs and restaurants. I owe my success to them and my family for also teaching me to work hard and give back to the community. I have been involved in my philanthropic organizations in Palm Beach County including animal, children and food based charities. Most recently I have become active in The Roosevelt Rockets Reading Campaign where a group of volunteers read to first graders. I’d like to think I am doing exactly what my parents taught me to do. In a place like Palm Beach, I couldn’t ask for more.”