Rio de Janeiro Fire Sale Starts With Governor’s Island Mansion

  • State pulling out all stops to trim $6 billion deficit in 2016
  • Island property has its challenges including landmark status

Luis Claudio Gomes, a pension fund executive, boarded an aluminum launch and headed toward the Rio de Janeiro island he’s looking to sell. Morning sun burning off the fog unveiled a palace amid its tropical forest.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.