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Penthouse apartments are considered to be at the top of their markets, and are generally the most expensive, with expansive views, large living spaces, and top-of-the-line amenities. [4] Accordingly, they are often associated with a luxury lifestyle. Publisher Bob Guccione named his magazine Penthouse, with the trademark phrase "Life on top". [5]
Florida condominium owners are looking at higher costs from condo associations in the new year, a consequence of a safety law passed by state lawmakers in 2022. It requires associations to have ...
The fifth-floor condo at the Palm Beach Hampton sold for $9 million, or $500,000 more than it fetched when it set a sale-price record in 2022. ... A Palm Beach penthouse that set a new South End ...
Interested owners should be encouraged to get involved by joining a budget/finance committee and also a safety/inspections committee.
Condominium (a.k.a. commonhold and strata title) – Ownership of an apartment or house is assigned to an individual, but common areas (e.g. hallways, heating system, elevators, exterior areas) are controlled by the homeowners' association. Fees are charged to the condo owners for maintenance of the common areas. These are referred to as "condo ...
A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...
The issue of who controls common spaces — the condo units owners and their associations or the developer — has been at the center of several South Florida lawsuits, with courts recently ...
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related to: variations by penthouse condo owners