HOLLYWOOD, Fla. (April 13, 2011) – Trump Hollywood, the newest luxury oceanfront condominium in Hollywood Beach, Fla., is riding a wave of sales success. In March, 19 residences totaling approximately $24 million have been sold, according to Daniel Lebensohn, BH III LLC (“BH3”) Managing Partner, the property’s new owner and developer.
Trump Hollywood 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 Trump, The Related Group and Fortune Development Sales, the team has launched a new era at Trump Hollywood highlighted by updated pricing on all the residences.
Lebensohn noted buyers include South Floridians planning to use Trump Hollywood as a primary residence and second-home purchasers from Canada, Latin America, New York and Chicago.
“Savvy buyers are realizing that Trump Hollywood is not only the most elegant, upscale beachfront condominium in South Florida but also represents tremendous value,” he said. “Our new pricing structure has been a key component to the recent success.”
Trump Hollywood is ideally located between Miami and Fort Lauderdale, just minutes from such renowned destinations as Bal Harbour Shops, Aventura Mall, Las Olas Boulevard and South Beach and a short stroll from the city’s celebrated boardwalk.
The 41-story contemporary glass tower, fronting 240 feet of pristine beachfront on the Atlantic Ocean, features 200 expansive residences, each with private elevator access and spectacular ocean, Intracoastal and city views. Trump Hollywood residences are now priced from over $700,000 to over $6 million.
Trump Hollywood’s gleaming floor-to-ceiling windows and curved exterior were conceived by celebrated architect Robert M. Swedroe. World-renowned interior design firm Yabu Pushelberg provided Trump Hollywood with a modern twist on classic Miami.
“Trump Hollywood is one of the finest luxury condominium developments on the East Coast,” said Donald J. Trump, Chairman and Chief Executive Officer of The Trump Organization. “This magnificent tower fully represents the elegance and exclusivity that has become synonymous with the Trump brand.”
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.
Trump Hollywood includes 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.
Sales at Trump Hollywood are by Related Realty in collaboration with Fortune Development Sales. The Trump Hollywood sales center and designer models are open daily on property. Trump Hollywood is located at 2711 South Ocean Drive. For additional information, call (954) 925-4447 or visit www.trumphollywood.com.