The Gansevoort Switches Ownership

Real Estate Blog Article

Friday, January 29, 2010

One of the most popular Miami Beach condos has run into a bit of trouble.  The Gansevoort South Beach is no longer under its original ownership as of yesterday.  Unfortunately, the condo-hotel failed to find a buyer to take care of its multimillion dollar loan.  The building is now under the possession of lender Credit Suisse which is expected to eventually sell the building.

Anyone who may be staying at the Gansevoort South Beach should be aware that despite the shakeup, operations will continue as if nothing ever happened.  In other words, the Gansevoort continues to be among the top Miami Beach condos to hang out in during the weekends.

Gansevoort South Beach has 334 rooms, offering hotel accommodations as well as traditional Miami Beach condos you can choose to call home.  Amenities within the building include a massive 100+ foot pool on the rooftop, a beach club and over 95,000 square feet of retail.

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