We caught up with Chris Leavitt, of Million Dollar Listing Miami fame, to get his expert opinion on what's different about the Bristol Palm Beach, that controversial project with record-breaking sales unobstructed views of the intracoastal, ocean and Palm Beach Island.
Why is now the right time for a building like the Bristol?
The market has been yearning for a product like this. Inventory is low and you are hard pressed to find a building with this height, amenities, services, finishes and ceiling height. The Bristol is on par with other trophy buildings around the world like The Faena House, 432 Park and One Hyde park.
What are the biggest advantages to living in West Palm Beach, rather than Miami?
West Palm Beach is a city on verge of a renaissance and is becoming extremely attractive to new industries. Major hedge funds and financial institutions are moving down. I say it's like living in Greenwich, CT vs NYC. With All Aboard Florida coming, you can live here and commute to Miami on the train very easily if you wanted, just like living in Greenwich and commuting to NYC.
What was a design detail about the property that particularly impressed you?
The fact that there are 4 cores to the building so each residence has is its own true elevator. Also the finished ceiling heights of 10'7 minimum and floor to ceiling glass. All of the homes are also flow through, which is something you don't see often.
Two condos in West Palm Beach have already broken records, and they don't even have walls up yet.
Why is now the right time for a building like the Bristol?
The market has been yearning for a product like this. Inventory is low and you are hard pressed to find a building with this height, amenities, services, finishes and ceiling height. The Bristol is on par with other trophy buildings around the world like The Faena House, 432 Park and one Hyde park.
What are the biggest advantages to living in West Palm Beach, rather than Miami?
West Palm Beach is a city on verge of a renaissance and is becoming extremely attractive to new industries. Major hedge funds and financial institutions are moving down. I say it's like living in Greenwich, CT vs NYC. With All Aboard Florida coming, you can live here and commute to Miami on the train very easily if you wanted, just like living in Greenwich and commuting to NYC.
What was a design detail about the property that particularly impressed you?
The fact that there are 4 cores to the building so each residence has is its own true elevator. Also the finished ceiling heights of 10'7 minimum and floor to ceiling glass. All of the homes are also flow through, which is something you don't see often.
· Two Condo Sales Smash Record for West Palm Beach, Fla. [WSJ]
· New luxury condo replacing Chapel by the Lake rakes in millions [Palm Beach Post]
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