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house in Manalapan he paid $34MM for. Let's discuss. Miami real estate tycoon Edward Falcone ditches the ghetto and his kid Comments (23) By Natalie O'Neill Thursday ... nothing but rat holes and drug dens around here? Real estate tycoon Edward Falcone could have been that billionaire. In 2006, the reclusive but charismatic son of Italian immigrants, along ... Born in December 1952, the middle child in a modest New York City home, Edward Falcone quickly learned he liked the way money felt in his pocket. From paperboy