Posted on 06/01/2017 8:36:29 AM PDT by Hojczyk
Property developer Gil Dezer owns 29 cars. And he plans to admire some of them from his couch in a swank Miami high-rise building, with the ocean in the background.
Dezer is planning to park the cars IN his apartment.
Miami's 60-floor Porsche Design Tower -- the first of its kind in the world -- has glass-enclosed elevators that bring sports cars up to the plush homes of their owners.
The residential skyscraper, which has 132 units and opened in March, is the latest of several super-luxury buildings dotting the Miami coastline.
But what if you don't own a Porsche?
"Why wouldn't you have a Porsche?" asked the 42-year-old Dezer, who developed the project at the request of the German automaker.
Of course, if you paid between $5.5 million and $33 million for your apartment, chances are you own a Porsche.
The tower, which was designed by the Sieger Suarez architectural firm, is located on Sunny Isles Beach, a barrier island off Miami.
The apartments include balcony pools, all with a glorious view of Miami Bay, high above the pristine sands.
But the building's signature feature is of course the three $40 million "Dezervators" -- named for the developer -- that lift the vehicles of the billionaire tenants into their living rooms.
"If you love your car and you see it as a piece of art ... this is the kind of place you're going to want," said Dezer, who also played a role in the rise of Trump Palace and Trump Royale on Sunny Isles.
"Instead of hanging your art on the wall, you have your art right behind your glass divider in your living room."
A look at the figures show that Canadians were the top buyers of luxury apartments in 2016, followed by Venezuelans and Brazilians.
(Excerpt) Read more at france24.com ...
It is a pretty good news site
Someone is making a lot of dough somehow. Why aren’t lefties all incensed at the inegalitarianism? Or do they put on the fig leaves of lip service?
Venezuelans among the top luxury buyers?? Must be FOM.
Friends of Maduro.
A look at the figures show that Canadians were the top buyers of luxury apartments in 2016, followed by Venezuelans and Brazilians
So some Venezuelans are buying luxury apartments while some Venezuelans are starving. Ain’t Marxism grand?
I hate following idiots like that. It’s like driving behind a snow blower.
Wait for the first Cat 4 hurricane.
Is there such a thing as low end luxury homes?
Marxism being a big fail is bad enough.
But it’s a scam too. Do Venezuelans even KNOW about this?
At some point the corruptocrats will invest somewhere else. From my window in my apartment on Brickell that I had until a few months ago, I would see most of the apartments empty most of the time. They were building like crazy downtown. At some point, the economic value of these apartments diminishes. The banks are requiring 50% down and the thieves from South America are making the payments. Because they’re building too much, at some point soon when the market gets weaker, you will see these prices crash, and the moment they get close to the 50% mark, you will have a panic sell. Time to buy a $3000000 apartment for $30,000.
At some point the corruptocrats will invest somewhere else. From my window in my apartment on Brickell that I had until a few months ago, I would see most of the apartments empty most of the time. They were building like crazy downtown. At some point, the economic value of these apartments diminishes. The banks are requiring 50% down and the thieves from South America are making the payments. Because they’re building too much, at some point soon when the market gets weaker, you will see these prices crash, and the moment they get close to the 50% mark, you will have a panic sell. Time to buy a $3000000 apartment for $30,000.
I suppose so.
Here is what will happen.
They wait for private folks to gentrify an squalid city area, then the minorities there complain they cant afford to live there, then the local govt will demand or takeover these places with empty units in these great buildings and pay their rents, and then these places will have increased crime and get trashed.
Hmmm. I wonder what Sunny Isles Beach is like in a hurricane...
No wonder you want to take it up to your living room. At least you can look at it.
Read “Condominium” by John D. McDonald
It’s a sandbar. The “isle” will very likely come out from under it if it’s oceanfront. I’ve seen some huge, gorgeous Old Nags Head style beach houses collapse into the Atlantic at Mirlo Beach on the OBX here in NC due to that. Building your house on sand, it’s Biblical what can happen.
I guess they didn’t get the Obamamemo that at some point they have made enough money.
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