Thursday, January 10, 2008

Luxury Condos Open In Downtown Orlando

From WESH.com:

ORLANDO, Fla. -- The tallest taste of elegant living in downtown Orlando celebrated its grand opening on Thursday.

City leaders and homeowners came together to watch the ribbon cutting at the Vue at Lake Eola.

An 1,100-square-foot condominium will cost about $500,000, and a 35th-floor penthouse is going for $3 million.

The shaky housing market doesn't seem to be affecting business at the Vue. All but 25 of its 375 units are sold.

Representatives started selling the luxury condominiums in 2004 before the market took a hit.

"We had a really hard time selling our home, but we persisted. It took a year and a half, and we sold it, but we think what's really different is the special attention and the view," homeowner Leslie Miller said.

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