Jan 22
As you know, I am fascinated with 740 Park. Curbed is reporting that #4/5 A has traded at $32M to an unidentified buyer.
In the past, I have compared 740 Park to Apogee South Beach. I know from being inside Apogee South Beach that it is without peer in Miami Beach real estate, and apparently 740 Park has no peers as well. According to Curbed:
…those looking at 740 Park as a gauge of the luxury market are being quite foolish. This building plays by its own rules.
UPDATE: Ira Rennert is the buyer of #4/5 A and is rumored to have purchased another spread at 778 Park for “around $30M.” Both apartments are said to be purchased for his daughters. Sweet! [NYO]
Categories: 33139, Apogee, Big Ones, Miami Real Estate, South Beach/SoFi
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January 25th, 2008 at 9:28 am
Kudos to you Mr. Tomlinson.
Your blog ROCKS!!!
January 25th, 2008 at 3:35 pm
Kevin,
Do you think Apogee will play by its own rules?
January 25th, 2008 at 5:03 pm
Completely. It will be easier to meet the Pope than to get in the lobby of Apogee.