Condo Living
Basking in the metaphorical Marlboro-hazed afterglow of the recent Exxxotica confab, I remembered there’s another penthouse stripped down to its skivvies and waiting to be dressed up. This time it’s the Vendome’s 12,370-square-foot penthouse 20 D/E/F being marketed by Dallas high-rise pioneer herself Judy Pittman. No, I didn’t slip a decimal point, it is twelve-thousand,…
“Ritz” has been transformed from name to noun by the opulence found in César Ritz and Auguste Escoffier’s Hôtel Ritz on the Place Vendôme since 1898 in Paris. The world has changed as lot since then, but Ritz is still a brand associated with timeless opulence, something we can see today in Penthouse 2200 at…
In last week’s second of three articles on high-rise demographics, I wrote about Dallas’ youngest high-rise populations. I noted that in those younger buildings, there were usually high rates of non-homestead owners – some as high as 75 percent. I think non-homestead ownership is worth noting because, in addition to owner age and worth, it…
In the first part of this series I wrote about how unit prices, resident age and income are data points for high-rise buyers to consider before purchasing their castle in the sky. The reason for these calculations is to better understand if a building matches a buyer’s philosophy. Of course this information doesn’t produce a…
This is the first of a three-part series on high-rise demographics. In this first part, I’ll cover how resident age, personal finances, and cognitive decline form an intersection that should help buyers better understand a high-rise. These factors are certainly in play in all neighborhoods, but the communality of high-rises makes them more acute. After…
