February 2014 Vol. 4, No. 2
Visit our archives to see other articles that were published in 2014.
- 02.10.2014 Palm Beach County Home Construction Surges. The latest report from Royal Palm Beach-based MetroStudy shows construction started on 2,053 Palm Beach County homes last year, an increase of 13 percent from 2012, the Palm Beach Post reported. A tightening of the county’s resale inventory helped encourage builders to construct more new product.[The Real Deal]
- 02.10.2014 Developer Offers Teslas to Penthouse Buyers. To help recruit penthouse buyers to its Echo Aventura, Echo Brickell and Muse condo projects, Kevin Maloney’s Property Markets Group is offering a unique sweetener: a free Tesla Model S.[The Real Deal]
- 02.07.2014 Smoke-free Condo Projects Planned for Ft. Lauderdale. The developers of a new smoke-free condominium in Fort Lauderdale have announced plans for two other boutique condos in the area. Aqualuna and 1800 Las Olas will be within walking distance and just east of AquaVita Las Olas at 60-80 Hendricks Isle. Both of the new luxury developments also will ban smoking inside individual units.[Sun-Sentinel]
- 02.03.2014 Former Howard Johnson's Site to Feature Million-Dollar Condos. They're still two years away, but luxury condominiums are coming to the site of the former Howard Johnson's hotel on Fort Lauderdale beach. Paramount Fort Lauderdale Beach will feature 95 units priced from $1 million. Sales start this week.[Sun-Sentinel]
The word community, like many words in the English language, has more than one interpretation. A community can be identified as a geographical location—a physical infrastructure of streets, parks and buildings, defined by tangible brick and mortar structures. But a sense of community is often emotional, intangible, and much more difficult to define; it is what makes an address a home rather than just a location—and in the context of a condo association, cultivating that sense can be of inestimable value to both residents and boards. Read More
The goal of any property developer is to sell units, but until that objective is reached, the developer assumes all the day-to-day responsibilities to ensure smooth operations and continued sales. This requires wearing many hats—manager, board member and ombudsman. As a result, it is often a relief when control of the property is handed over to actual members of the association. Having said that, the transfer isn’t always the smoothest of processes. Read More