Pssst – Wanna Buy a Miami Condo? It’s Got A “Super Cool” Parking Garage

What’s that?  You have no interest in buying a condo-hotel in downtown Miami?   Well – what if I told you that I had one with a super cool parking garage?  Ehh? Ehhh?  Change your mind yet?

To me this is proof that we haven’t seen the bottom of the real estate market:

note:  I am on Joel Greene’s email list, as a result of having looked at possibly buying a condo-hotel in Las Vegas about a half a dozen years ago.   I have nothing against the guy – he’s hard working and honest, in my experience, and not a shyster hustler.   I worked with Joel when I put down a (refundable) deposit for the Cosmopolitan in Las Vegas, which later got massively delayed, foreclosed on, and eventually canceled it’s condo-hotel project all together.   All of this happened long after I’d withdrawn my deposit and had it returned to me without incident.  The alert emails for new condo-hotel projects used to come several times a week, in locations varying from Vegas and South Beach to Arizona and Dubai.   Then, during the bubble’s collapse, the emails stopped completely.  For about two years.  Now they’re starting to pop back up again.

However, when the lead selling point of a building is the parking garage, well…

-KD

 

 

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