- 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.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at email@example.com.
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.”)