Skip to main content

Well-known Florida real estate mogul dies in boat crash

Steven Posner, a Florida real estate tycoon and the son of Victor Posner, a millionaire businessman who The Economist magazine called a "pioneer of the hostile takeover," died Monday in a go-fast boat crash on Miami's Biscayne Bay.

Posner, 67, was killed, along with another man. Posner's 44-foot high-performance catamaran was apparently trying to overtake a friend's go-fast cat when they collided during an afternoon run on a clear day.

"Whenever he could, he loved to be out on the water," Posner's daughter, Dr. Kelly Posner Gerstenhaber, told the Miami Herald. "He liked boating and fast boats. He died doing something that he loved.''

The other vessel was Mixed Emotions, a 46-foot power cat with twin 1,200-hp engines. Owner and operator Fritz Eigelshoven suffered rib injuries and was taken to a hospital. A witness estimated that Mixed Emotions was traveling at 80 to 90 mph.

Click here for the full Miami Herald report.

"There is no speed limit when you are on the open sea outside controlled conditions," Jorge Pino, a Florida Fish and Wildlife Conservation Commission spokesman, told the local CBS news station, "but you have the responsibility to be very careful."

Click here for the CBS 4 report.



Flexofold Hires New Managing Director

The company said Henning Uldall will concentrate on sales growth and moving the company to a new headquarters.


Soundings Trade Only Announces Fifth Annual Most Innovative Marine Company Awards

The global program will recognize transformative innovation and ingenuity that benefits the marine industry.


Yamaha Is Now the Official Outboard of BTT

The outboard manufacturer announced a sponsorship of the Bonefish & Tarpon Trust, which aims to protect and conserve populations of the popular gamefish.


The Only Strength Is in Sail

Overall demand trends are still very strong even though recreational boat registrations continue to plunge in most vessel categories. Only three of the 15 boat-type categories saw increases in April 2022—sail was the lone category that was up in March.

Courtesy NMMA, Rarrarorro - Adobe Stock

Bringing Boating to Capitol Hill

The American Boating Congress gathered in Washington D.C. this May to talk about sustainability, innovation, electrification and policy-making

Dealer Sentiment May 2022 Pulse Report

The Other Side of the Covid Bubble

The mood among boat dealers is shifting. Two years on from the historic, Covid-fueled rise in demand for boats, the tide is beginning to turn.

ASA 0209

Fresh Catch

ICAST, the largest sportfishing trade show in the world, returns with registrations for exhibitors and attendees on the rebound