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Miami philanthropist Adrienne Arsht set new record price with sale of her estate
Adrienne Arsht, the prominent Miami philanthropist and attorney, on Friday sold her sprawling Coconut Grove estate overlooking Key Biscayne for $106.9 million, a record price in Miami-Dade County for a residential sale. The buyer of the four-acre Arsht Estate, which is nestled along the bayfront, wasn’t disclosed. Arsht, who formerly ran her family-owned TotalBank, is known for donating millions to several causes — most notably her namesake the county’s Adrienne Arsht Center for the Performing Arts. Although the property sale falls short of the $150 million asking price when it hit the market in January, it surpassed the peak set by hedge-fund billionaire Ken Griffin. Griffin, a Florida native, is…