Maloofs' executive chef pays $495,850 in Palms Place

Christophe Cornet bought a one-bedroom, one bath condo at 4381 Flamingo Road in Paradise from TAS Properties for $495,850 on April 30.

The 615 square foot Unit #1518 is in the Palms Place at The Palms development.

Cornet has worked as the personal chef of Joe and Gavin Maloof, owners of the Maloof Companies, the Sacramento Kings and The Palms.

Born in France, Cornet entered a culinary school in Bordeaux at the age of 14 and received his cooking certificate in two years. By the age of 17, he was working at a two-star Michelin restaurant in Bordeaux. After a few years, he moved to Michel Rostang, one of Paris' finest restaurants. Some of the top personalities he cooked for were the Queen of England and two French prime ministers.

Cornet moved to the States in 1998 and his first job was at the Las Vegas branch of the New York restaurant Le Cirque as a sous chef. In 2000, he became chef de cuisine at Monte Carlo, an AAA four-diamond restaurant at the Desert Inn. The Maloofs hired him after the hotel-casino closed.

Condo sales in Paradise dropped 32 percent in 2007 versus sales in 2006. The median sales price increased though from $375,000 to $512,000.

Palms Place houses 599 units in its 47 stories and was constructed in 2007.

Filed under: No story tag
Address: 4381 Flamingo Road, # 1518
Buyer(s): Christophe Cornet
Seller(s): Palms Place Llc
Sale date: 2008-04-30

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