Lenders foreclose on Trump Hollywood Waterfront Condo
Friday, December 10th, 2010
Unparalleled oceanfront luxury of Hollywood Beach has a new permanent resident and a new concept with arrival of Trump Hollywood, newly completed project of Donald Trump and Jorge Perez, a 40 story oceanfront luxury condominium. Trump Hollywood have an innovative design, personalized amenities not to mention unsurpassed service’s, that only DonaldTrump can deliver. Architectural landmark that is masterfully integrated into Trump Hollywood and destined to redefine the most luxuries oceanfront condo living on the beach in South Florida. Trump Hollywood is the new level of sophistication and a new experience that only Donald Trump can deliver. Hard economics time can touch even the mighty and unfortunately in the mid November 2010 lenders foreclosed on Trump Hollywood a 40-story ocean front luxury condo. The move was the necessity amid the worst housing bust in decades. In August 2009 prices for Trump Hollywood ranged from $1.3 million to $7 million, even though two third of the units had commitments from the buyer’s, only 25 of 200 units were closed. The condo crash was inevitable, developers sold too many units to investors, that fact created a false demand that drove up prices all over the country and especially among market. Here comes the end of 2010 and it’s time game, there are plenty of customers with cash, ready to invest in this oceanfront luxury condominium on the beach, all they need is the right price, “It’s just a matter of adjusting prices to the new reality”, experts say. The end product, South Florida condominium Trump Hollywood a 40 story luxury condo on the beach, is still stands apart from its counterparts with high end finishes, Italian cabinetry, every possible amenity in the world, in other words it is a new level of luxury in the sky, you can make your home. Trump Hollywood is a glass encased tower stands 40 stories high on the white sandy beach of the Atlantic Ocean. As you awaken with gentle sun picking through hurricane proof tinted windows, as sky transforms from pink to blue, the crisp sea air of the magnificent Atlantic Ocean right outside your wrap around terrace, you can begin your day. On the other side, there unparalleled view of the famous South Florida Intracoastal Waterways, no matter where you look, it is the tranquility. As you drive on the Ocean Drive throughout the Hollywood Beach condo community, you surround with no less amazing neighbors like The Beach Club I, II and III, not to mention oceanfront beauty Ocean Palms and Diplomat Residences, adjacent to Westin Diplomat Hotel, don’t forget the small piece of South Of Italy right on the beach Villas of Positano. This is the luxury collection of the Hollywood Beach Waterfront Luxury Real Estate. All of the Donald Trump signature residence was meticulously designed by the renowned design firm of Yabu Pushelberg. Trump Hollywood has one of the kind art collections that is as inspiring and is innovative as a modern 21 century art gallery in any major city of the world. The striking 40 story tower with floor to ceiling glass allows spectacular views from every room of the flow through floor plans and features generous sunrise and sunset terraces to enjoy South Florida’s oceanfront breezes. With only 200 residences, each with private elevators, Trump Hollywood delivers on its promise of privacy and exclusivity for the privileged few who will call it home.
