Michael Aram Buys Palm Beach House For $5.2M

Michael Aram and Aret Tikiryan at 135 Seminole Avenue (Patrick McMullan / Getty, Realtor)

High-end brand artist and owner Michael Aram, known for tableware, furniture, home decor, and jewelry, paid $ 5.2 million for a home in Palm Beach.

Michael A. Wolohojian and Aret Tikiryan bought the house at 135 Seminole Avenue from Leslie R. and Esther Evans.

Wolohojian, also known as Michael Aram, founded the Michael Aram company in 1988 and currently has stores in New York, Los Angeles and Bal Harbor. Its products are also available in department stores such as Neiman Marcus, Bergdorf Goodman, Bloomingdale’s and Macy’s. Tikiryan, his husband, is Michael Aram’s executive vice president.

The Evans family bought the 6,218 square foot home for $ 3 million in 2005 and have been trying to sell it since 2010, according to Realtor.com. The initial offer price was $ 4.75 million, and after many price changes, the final offer price in June was $ 5.75 million.

Lawrence Moens with Lawrence A. Moens Associates represented the Evans family while Christian Angle of Christian Angle Real Estate represented Aram.

The two-story house was built in 1921 and has four bedrooms, four and a half bathrooms, a guest house and a pool. According to records, the Evans family has done some minor renovations to the property, including a new roof and driveway.

Leslie R. Evans is a managing partner at Leslie Robert Evans and Associates, PA, which he founded in 1996. According to his website, he primarily negotiated the leases for the Miami Heat and Florida Panthers with the Miami Arena.

In 2018, Evans was charged with fraud and money laundering related to his alleged role in the failed Palm House condo-hotel project in Palm Beach. He pleaded not guilty.

Evans was on bail for $ 250,000 on the day of his arrest and is awaiting trial. In April, the jury’s selection process for the process was postponed due to the pandemic, the Palm Beach Post reported.

Evans sold his former law firm in January 2019 for $ 8 million.

The high-end Palm Beach market is showing no signs of slowing down. That month, an inheritance from Goya Foods’ fortune closed a home in Palm Beach for $ 11.3 million, the founder of a Texas mortgage company spent $ 5.8 million on a home, and a former chairman of MagicJack sold it his estate for $ 28 million.

Contact Jordan Pandy

Comments are closed.