- Units at the Residences by Armani/Casa start at $1.85 million
- Related Group and Dezer Developments are collaborating on 60-story project
- But outside economic forces may mean a tough market for luxury condos
Giorgio Armani: Fashion legend, global style icon … ultra-luxury condo designer?
Yes, Armani has brought his sleek sophistication to a 60-story condo tower on the oceanfront in Sunny Isles Beach. Units are selling for an average of $3.5 million.
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The project’s opulent, Armani-designed sales center opened up for the first time Thursday night as developers Jorge Pérez and Gil Dezer hosted an open-bar party for top brokers and prospective buyers. About 1, 000 guests were expected. (“If they’re not on the list, they’re not getting in, ” a supervisor told security guards behind the scenes. “But use your judgment on the plus-ones: If it’s a gentleman in a Lamborghini with three ladies, he’s probably a buyer and they should all come in.”)
