Industry NewsNews Brief

Related builds Florida ghost town

From Curbed.com blog
Published on Aug 3, 2009

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by CareyBot

The Related Group's new 32-story Oasis Tower One in Fort Myers, Fla., has just one tenant -- a New Jersey family that uses the condo as a vacation home, the Associated Press reports.

Other buyers in the 200-unit building either walked away from deposits or were transferred to the building next door. Not this family. The fountain is off, the lobby doors locked, the staff nonexistent. Still, they park in their assigned parking spot and sleep with one eye open. Sounds like a great vacation!

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