John Paulson is sticking to his story that he won’t be moving to the tax-friendly shores of the Singapore of the Caribbean. On the other hand, he’s just bought some pretty nice Class A space from Robert Benmosche to go along with all of those miles of beachfront on which he could conceivably live.
U.S. hedge fund Paulson & Co is upping its bet in Puerto Rico real estate with the purchase of an office building in San Juan's financial district from American International Group Inc….
Paulson & Co did not say how much it paid for the building, known as American International Plaza and located the Hato Rey area of San Juan. Tenants include AIG, UBS, KPMG , Oracle Corp, Charles Schwab Corp and local law firms O'Neill & Borges and Goldman Antonetti and Cordova.