Florida's 32 Stories Highrise Condo, One Tenant
Sunday, August 2, 2009
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.
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."Link
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."
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