Sales are Soaring at Trump Hollywood
August 1st, 2011
Trump Hollywood, the luxury high-rise oceanfront condominium, has experienced tremendous sales success since its relaunch earlier this year.
The 41-story glass tower was acquired in late 2010 by BH3, a successful South Florida-based real estate firm, and King Street Capital, a $20 billion New York-based global alternative investment management firm. Supported by The Related Group and Fortune Development Sales, the new team has updated pricing on all the residences and generated more than $100 million in sales in 2011 alone.
“The sales results – and general excitement for the property – have exceeded our expectations,” said BH3 Partner Charles Phelan.
Particularly impressive is that approximately 35% of the sales were referred by Trump Hollywood buyers. For example, resident Harry Polsky recently learned his friend, Henry Lew, a building contractor, was considering purchasing a South Florida condo residence.
“He said he was looking at buildings in Sunny Isles and Miami Beach and I told him he’d be remiss if he didn’t check out Trump Hollywood,” Polsky explained. “The amenities, service and pricing are the best in the market.”
Lew heeded his friend’s advice and purchased a residence on the 8th floor.
Highlighted by innovative architecture and unparalleled amenities, Trump Hollywood was masterfully conceived and impeccably realized. Now, the tower, fronting 240 feet of pristine beachfront, features irresistibly priced residences with stunning Atlantic Ocean, Intracoastal Waterway and city views.
Trump Hollywood’s gleaming floor-to-ceiling windows and curved exterior were designed by the celebrated Robert M. Swedroe, who won the “Building of America” award for the tower’s innovative architecture. World-renowned interior design firm Yabu Pushelberg provided Trump Hollywood with a modern twist on classic Miami.
Trump Hollywood features two-, three-, and five-bedroom residences from 2,100 to more than 5,000 square feet, plus expansive terraces. Two exclusive bi-level penthouse residences on the tower’s 41st floor encompass nearly 9,000 square feet.
Amenities include a wine cellar and tasting salon; cigar room; interactive club room; library/private dining area ideal for board meetings, conferences and private dinners; elevated pool deck overlooking the Atlantic Ocean; and 4,000-square-foot, state-of-the-art spa and fitness center featuring a yoga studio and treatment rooms.
Trump Hollywood residences are now priced from over $700,000 to over $6 million. A sales center and designer models by Interiors by Steven G are open daily on property – 2711 South Ocean Drive. Sales at Trump Hollywood are by Related Realty in collaboration with Fortune Development Sales.