Forget Miami and Palm Beach! Activist investor Gregg Hymowitz, known for his mega-deals with hedge funders like Bill Ackman and Daniel Loeb, and his wife Marcella bought some land from Bruce Willis to build a house in Parrot Cay, a 1,000-acre private island and resort in Turks and Caicos.
The $6 million transaction is for five oceanfront acres in an exclusive development with a COMO hotel, owned by Singaporean hotelier Christina Ong.
The development includes private estates with owners like Keith Richards and Donna Karan — both of whom have opted to put their homes up for rent through the COMO rental program.Willis was asking $6.9 million for the land, which was part of a larger compound that he sold in 2019 for $27 million.
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