Lord Peter Palumbo is a notable property developer in the UK. He served as chairman on the Art Council of Great Britain, on the Board of Trustees of the Architecture Foundation and as Chairman of the Pritzker Prize. He commissioned famed architect Ludwig Mies Van Der Rohe for a London project and owned the Farnsworth House outside of Chicago, Illinois. For a time he also owned the Maisons Jaoul by Le Corbusier in Paris.

It is this love of architecture that propelled Lord Palumbo to visit Fallingwater in 1985 while there he discovered another Wright-designed home nearby that was for sale, Kentuck Knob.

In a redoubling of the family's commitment to Kentuck Knob's future, Lord Palumbo's son Philip takes an active role in the company's management.

Man standing outdoors in a scenic landscape with trees and fields wearing a Barbour jacket.

Philip says "Kentuck Knob is one of Wright’s most beautiful designs. It is a pleasure to see it change with each season, offering warmth and shelter throughout, as the house nestles over 2,000 feet above sea level. The sunrise from the V in the mountains is so beautiful. The trees seem to be taller than where I'm from [the UK]. You can almost imagine George Washington cutting through the thickets and red coats trembling because they are far from home and very visible. Wright's work reflects America's spirit moving forward, pushing boundaries and when you do it well, it's timeless."

"life, on occasion ...

... becomes a matter of serendipity. when circumstances conspire to propel one in a certain direction, it is best to go with the flow, or so i have found, even if the precise destination is at the time unknown."

— peter palumbo, may 6, 1998