Brits Flail Part-Time Florida Exec Stephen Schwarzman in Care-Home Flap

A part-time Florida businessman is feeling heat from the British press over his company's handling of elderly-care homes in the U.K.

The Daily Mail on Sunday juxtaposed Stephen Schwarzman's $100 million-plus worth of homes in Florida and other states with the plight of 31,000 aged British citizens who face an uncertain future after Schwarzman's firm engineered a deal that could result in the closure of Southern Cross care homes there.

The Mail reported that the CEO of Blackstone owns two high-end Florida properties -- an $800,000 beachfront apartment in Longboat Key and a historic Palm Beach plot where he is building a posh estate after tearing down the 13,000-square-foot Four Winds landmark.

The Wall Street Journal has called Schwarzman's latter project "a super-sized version" of the mansion he demolished amid much criticism and controversy.

But that Palm Beach dust-up is nothing compared to the flailing Schwarzman and Blackstone are taking in England.