Ross Stores’ chairman snags home in Palm Beach for $7M

The chairman of Ross Stores snagged a home in Palm Beach for $6.5 million, marking another high-profile buyer choosing the island during the pandemic.

Michael Balmuth bought the 3,895-square-foot house at 154 Atlantic Avenue for $1,668 per square foot, records show. Purucker & Marrano Custom Homes, a custom homebuilder, sold the home, which was built in 2019.

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