Florida's 32 Stories Highrise Condo, One Tenant

Located in Fort Myers, Florida, this 32 stories highrise condo has only one tenant. This is just one example of how bad economy in the US took a toll in the housing industry.

Victor Vangelakos and his family bought one unit here four years ago when the US economy was still solid as steel. Now, they have the whole building to their own as most of the other tenants in the 200-unit condo didn't close on their contracts and others have transferred to an adjacent building owned by the same company because more people live there.

"It's a beautiful building," said their attorney, John Ewing, who is representing 27 others who made deposits on units. "The problem is, it's a very lonely building."

When the Vangelakos' travel from Weehawken, N.J., to spend a week or a few days in their Florida home, they have exclusive use of the pool, game room and gym, but they miss having a few tenants around.

"Being from the city, it's very eerie," Vangelakos said. "It's almost like a scary movie."
Link

Related Posts by Categories




If you like this post then please consider subscribing to my full feed RSS. You can also subscribe by Email and have new posts sent directly to your inbox.

0 comments:



Latest Posts