Are New Condo Towers Profitable For Developers Building In Miami?

In Episode 24, Howard N. Shapiro - A Veteran Condo Developer, University Of Miami Instructor And Expert Witness - Discusses The Financial Formula For Building New Condo Towers In Miami And The New Challenges Of Developing In South Florida During The COVID-19 Era. In Segment One, Shapiro talks about his real estate development career that spans nearly 40 years and resulted in about 7,000 units with a valuation of nearly $1 billion. Shapiro, who is originally from Quebec, Canada, also talks about how and why he came to South Florida to build high-rise condo towers. In Segment Two, Shapiro discusses the financial reality of condo developments that feature massive-sized luxury units, brand names and starchitects.   In Segment Three, Shapiro makes predictions about the future and cost of new condo development in South Florida in the COVID-19 pandemic era. To send a comment, please email the podcast at [email protected]    Please be sure to patronize our advertising supporters: Condo Vultures® Realty, Condo Vultures® Condo Correction Tours, and CVR Realty.  Click here to subscribe to the Condo Vultures® Distressed Market Intelligent Report.