NEWS

SStuart is pleased to announce the sale of the sailing yacht Blue Too, his fourth sale in 2020. Notwithstanding the unprecedented global health crisis, interest in yachting remains steady, including interest from younger, first time buyers and also due to low interest rates and a relatively stable stock market.

BLUE TOO is a superb world cruiser designed by Ron Holland globally known for his successful maxi-racers and large, performance-oriented cruising yachts. Built in 1998 by Alloy Yachts in New Zealand she has been maintained in mint condition with two full refits in 2008 and 2016. A Patton survey completed in 2019 concluded that "BLUE TOO is a well-built yacht designed for world cruising. She has been proven over her lifetime with many Transocean passages, both Atlantic and Pacific. The vessel has been maintained very well by her present owner and crew with several major refits and up-graded equipment. She is in first class cruising condition”.

BLUE TOO includes state-of-the-art equipment like in-furling booms, bow and stern thrusters and a hydraulic transom with a fold-down stairway to the bathing platform. With a total sail area of 6,675 sq ft (620 sq m) last season she won the St Barths Bucket in her class with three first place finishes and the largest cumulative margin ever recorded in the Bucket's history.

Her performance under sail is only matched by the superb quality of the Redman Whiteley Dixon interior and layout. A very interesting feature is her two-cockpit design.  The spacious central cockpit offers superb seating, sailing comfort and room for al fresco dining while there is a private owner’s cockpit aft with direct access from the master stateroom.
BLUE TOO can accommodate six guests and all staterooms have entertainment centers and en-suite bathroom facilities, while a further two cabins sleep five crew.
BLUE TOO was asking USD 4,900,000.


Photography courtesy of Cory Silken and Michael Kurtz - Pantaenius

Stuart is pleased to announce the sale of MAG III, his third sale in 2020 after the 74m Odyssey and the 41m Dreamer.
Without doubt the 45m MAG III was the best-in-class Benetti Vision on the market.  MAG III was delivered in 2009 as Hull # 11 of 19 and is equipped with Zero-speed stabilizers and an elevator from the lower to the upper decks. Built to ABS class by a project manager who had 16 Benetti build projects to his name, she has transatlantic range and, although only used privately, MAG III is MCA compliant and her 10-year class survey was completed at the end of 2019. She was also US duty paid.

In pristine condition, MAG III punches well above her weight. Her elegant interior is beautifully decorated by Bannenberg and Rowell who optimized her functional layout showcasing the impressive airy interior spaces and the large sun deck, with a hot tub and al fresco dining, to their best.
The swim platform is accessed from the main deck aft. The tender garage doors fold down creating a large area on the water and when the toys are out of the garage the area becomes a beach club.

MAG III accommodates 12 guests in five staterooms. The full beam master stateroom on the main deck is very spacious with a private study, an unusual 270-degree panoramic view from the stateroom, his and her baths, generous closets and storage space. The stateroom opens onto a private veranda forward.
At USD 10,750,000 MAG III was more competitively priced than other Visions on the market which did not offer the same amenities, technical standard and levels of maintenance.
 

 
 
 

Stuart is pleased to announce the sale of DREAmer the custom yacht built in GRP Composite by Hargrave at TSMM. DREAMer is one of the largest yachts built by the American company well-known for the design and construction of mid-sized custom luxury yachts. Delivered in 2010 and refitted in 2017, DREAmer is built to RINA class for unrestricted navigation. She is powered by CAT engines and has a 3,300-mile range cruising speed of 12kts and top speed of 16kts. 

DREAmer makes the most of her 353 GT and can accommodate up to 13 guests in five staterooms plus a children's cabin. She has a flexible layout, a large sun deck, wide beam at 8.3m I 27’ and excellent headroom throughout at over 7 feet.
Crew cabins are finished to the same high standard as the guest areas. Built by an experienced owner she is ideal for private family use or charter. She has a crew galley and an open space guest galley which can also be used a breakfast room/country kitchen. The interior decoration is by Yacht Interiors by Shelley and features Italian leathers and suedes with mahogany cabinetry throughout. The bathrooms and galley are in Cesarstone.

DREAMer was sold by the original owner and the asking price was USD 8,950,000.

This year, History Fort Lauderdale’s annual fundraiser, History Makers, honors the MARINE INDUSTRIES ASSOCIATION OF SOUTH FLORIDA and special pioneers in boatbuilding FRANK AND GERTRUDE DENISON, recognizing their contribution in establishing our region as the yachting capital of the world.

Stuart was invited to contribute from a broker’s perspective having had a “first hand, front row seats to building with us as well as the time period that all of this occurred, you were able to see FROM YOUR PERSPECTIVE, the influence that this relatively small boat yard/builder impacted others across this industry”.

It was 1984. I had been a yacht broker for 4 years. It was a fledging industry back then. The largest yachts were about 100 feet. I might have sold a couple of yachts in the 50’ region! Too long ago to remember……. But there was an economic boom, of sorts, unlike what we have seen recently, but nevertheless the yachting business was about to “take flight”.
 
I had met a client a few years before with a 65’ Hatteras that wowed me as to its sheer size. The client wowed me as well. So knowledgeable, so educated, so mechanically inclined and so astute business-wise. He wanted a “bigger yacht”. There simply weren’t any to buy. The dollar was really strong against European currencies.

The good European shipyards (all two of them) were on a roll with American buyers. So, the client, his wife and I went together to visit Feadship in Holland and Abeking and Rasmussen in Germany. We had plans drawn for a “massive” new 120’ yacht.
In the summer of 1984, we met on his Hatteras in Newport, RI to discuss the way forward with a new 120’ Abeking. I was in seventh heaven. What a deal for a 25 year-old kid.  It had to be too good to be true. It was. The next week, as we were about to sign for the new yacht the dollar crashed and the price increased 25%. OUCH.

Being shell shocked, I didn’t quite know how to move forward. And then I had what could have been the most brilliant idea of my now 40-year career in the yacht brokerage business. I picked up the phone (we didn’t have cell phones then) and called Ken Denison. I didn’t know Ken then but had heard whispers that Broward Marine had a possible default on a “big” yacht. Ken confirmed it might be available but he needed to check with his parents. Frank Denison called me, said there were a number of interested people and I had better hurry.

My ever- trusting client came that afternoon in his little Cessna jet, looked at what was to be his new yacht and we made a handshake deal on the spot. You could do that with the Denison’s. The client loved the idea of building in America, I loved the idea of building a yacht two miles from my office and home and so then and there, LADY COLUMBO was born.

She was the largest aluminum yacht to be built in the USA, and I felt so proud to be a part of it. The 9 months it took to finish her were not easy but the Denison family, and especially Ken and I forged a trusting relationship that Ken and I enjoy 35 years later. Mike Busacca was in charge of the detailed carpentry in LADY COLUMBO; Mike and I work together still, in very different roles, but Broward Marine and the LADY COLUMBO put us all on the map. Most importantly, it was such a successful project for the clients they later moved on to bigger yachts, buying and cruising the world on a 125’ Feadship (he finally got his Feadship) and then building a 184’ Feadship and then to cruising the world on a 160’ sailing yacht that they twice rounded Cape Horn on, and still own today.
 
This is my story but there are countless others that must attribute their success to that little Ft Lauderdale shipyard that launched the yachting business in America for so many lucky people.