Residents of the nearly sold-out Porsche Design Tower in Sunny Isles Beach will be able to move into their units beginning early in 2017, with the highly anticipated luxury tower recently receiving its temporary certificate of occupancy in addition to paying off its $214 million construction loan.
“What an honor to have achieved these two major landmarks simultaneously,” said Gil Dezer, president of Dezer Development. “After watching the tower come to life over these past few years, it is an especially proud and stunning moment to debut the first-ever Porsche Design Tower. Without a doubt, Porsche Design Tower’s unsurpassed technological and design elements have redefined the world of luxury as we know it. We have a lot of excited residents that we cannot wait to welcome.”
Just six of the 132 units remain, including two four-level penthouses, both priced at $32.5 million.
Have a look at some drone shots and check out the lobby, gym, club room, Dezervator, and incredible view from inside a unit.
When you’re a billionaire why equip your penthouse with one or two pools when you can have four?
This is one of the wild amenities offered at the eight-bedroom penthouse atop the under-construction Ritz-Carlton Residences, Miami Beach, which is priced at $40 million by Lionheart Capital, per the Wall Street Journal.
The eight-bedroom, roughly 12,300-square-foot spread will be on the eighth floor of the under-construction Ritz-Carlton Residences, Miami Beach. With views of the Miami skyline, Biscayne Bay and the ocean, the unit will also have a library and a wine tasting room.
The residence will also include two hot tubs and two summer kitchens, with 13,000 square feet of outdoor space.
The penthouse can be split into two, with Penthouse 1 for $17 million and Penthouse 12 for $20 million, with another option being to purchase the total raw space for $37 million.
Sales for the 111-unit development are currently at 65 percent, per WSJ.
Another standout penthouse on Miami Beach—at the Apogee—with over 13,000 square feet of terrace listed recently for $65 million.
With the frenzy of holiday shopping in full swing, department stores sure know how to get you in their doors—or at least staring at their gorgeous windows. Despite the crowds (and the commercialism) of the season, there’s still something so impressive and old-school about the grand buildings that they occupy.
So, before the American mall breathes its last breath—or until it figures out a way to stay relevant—here’s a look at some of the world’s most iconic historic department stores, from Detroit to Moscow to Paris, some of which are still standing today—and some of which, in the case of many of the United States’ first one-stop shops, have been taken over by Macy’s.
Harding, Howell & Company’s Grand Fashionable Magazine, London, England
Opened in 1796 in London’s St James’s district, Harding, Howell & Company’s Grand Fashionable Magazine is considered one of the world’s first department stores. The destination for fashionable women was divided into four departments and sold furs, fans, fabric for dresses, haberdashery, jewelry, perfume, and, of course, millinery.
Macy’s (originally R. H. Macy & Co.) New York City
Macy’s began as a chain of dry goods store in Haverhill, Massachusetts in 1843. When all of them shuttered, the founder, Rowland Hussey Macy, decided to move operations to New York City in 1858, where business grew to encompass more departments. In 1902, the flagship store moved to Herald Square at 34th Street and Broadway, where it’s still doing brisk business today.
Hudson’s, Detroit, Michigan
Hudson’s, which began in 1881, was the second biggest department stores in the U.S. during the 1960s after Macy’s, with Marshall Field’s in third, and was considered, at one point, the tallest department store in the world. Sixteen of its 25 stories were “selling floors,” and, at its peak, employed 12,000 employees and served 100,000 shoppers a day. It also had the country’s third largest switchboard after the Pentagon and the Bell System. The Detroit flagship store closed in 1983.
Marshall Field’s, Chicago, Illinois
Marshall Field & Company also began as a dry goods store in 1852. Its State Street flagship location is now home to a Macy’s, which acquired Marshall Field in 2005.
Crowley’s Detroit, Michigan
Crowley Milner and Company was an upscale department store founded in 1909 by brothers Joseph, William, and Daniel Crowley, and William Milner. Offering luxury clothing and goods imported from Europe, as well as a full-service restaurant and grocery store, Crowley’s, a direct competitor of Hudson’s, became Michigan’s biggest department store. The company closed its doors in 1999.
Wanamaker’s, Philadelphia, Pennsylvania
Wanamaker’s was the first department store to open in Philadelphia. John Wanamaker started his operations in 1876 in the former home of the abandoned Pennsylvania Railroad station, calling it the Grand Depot. He began rebuilding it piece by piece in 1910. Wanamaker’s was famous for its Christmas Light Show. It is now occupied by a Macy’s.
Woodward & Lothrop, Washington, D.C.
Woodward & Lothrop, or Woodies, opened in 1887 and was the first department store in D.C. Its former flagship is now occupied by major retailers including H&M, Zara, and West Elm.
Galeries Lafayette, Paris, France
Completed in 1912, Galeries Lafayette’s flagship on the Boulevard Haussmann in Paris is considered one of the most beautiful department stores in the world. The upscale chain began in 1895.
Harrods, London, England
Charles Henry Harrod began as an enterprising grocer and tea merchant. In 1849, he opened the world-famous department store on Brompton Road, where the current flagship still sits. Harrods was sold to the state of Qatar in 2010.
La Samaritaine, Paris, France
La Samaritaine was founded in 1869 by husband-and-wife Ernest Cognacq and Marie-Louise Jaÿ, who happened to be the first clothing vendor at rival department store Le Bon Marché. Now shuttered, its flagship, the 11-story art deco Grands Magasins de La Samaritaine, located on the banks of the Seine by the Pont Neuf, was completed in 1933.
Selfridge, London, England
The United Kingdom-based retail chain was started by an American, no less. Harry Gordon Selfridge, of Ripon, Wisconsin, who was later known as the Earl of Oxford Street, founded Selfridges & Co in 1909. Its flagship on Oxford Street is the second largest store in London after Harrods. Selfridge, the man, championed the customer early on and is credited with transforming the shopping experience into a leisure activity.
Lord & Taylor, New York City
Founded in 1826 by Samuel Lord and George Washington Taylor on Catherine Street, Lord & Taylor is the oldest luxury department store in the United States. Its Fifth Avenue flagship by Starrett & van Vleck was landmarked in 2007.
Arnold Constable, New York City
Arnold Constable & Company was founded in 1825 and operated until 1975. It was known for serving high society clients including the wives of Andrew Carnegie, Grover Cleveland, Thomas Edison, J.P. Morgan, John D. Rockefeller, and Cornelius Vanderbilt.
Carson Pirie Scott & Co., Illinois
Carson’s was founded in 1854 by Samuel Carson and John Pirie in LaSalle, Illinois. It occupied the historic Carson, Pirie, Scott and Company Building (now known as the Sullivan Center), which was designed by Louis Sullivan in 1899 for retail company Schlesinger & Mayer then sold to Carson’s in 1904.
GUM (State Department Store), Moscow, Russia
The grand halls of Moscow’s State Department Store (now a shopping mall) occupy the glass-roofed Upper Trading Rows, which were built between 1890 and 1893, and are situated by the Red Square, the capital’s central square.
Rich’s, Atlanta, Georgia
Rich’s began as a dry goods store called M. Rich & Co. in 1867. Operating throughout the South, it shuttered its doors in 2005.