By
JULIA LA ROCHE
Lloyd Blankfein and private equity tycoon Leon Black are among those said to have purchased a spot in a new $1 billion Miami luxury condominium development, Bloomberg Businessweek's Katya Kazakina reports.
Faena Miami Beach is an 18-story ocean condominium featuring 47 residences ranging from $3 million to $50 million, the report said.
The development won't be complete until December 2014.
We've included some renderings in the slides that follow.
Faena Miami is an 18-story oceanfront luxury condo building. It was the vision of Argentinean hotelier Alan Faena and designed by architects Foster+Partners.
The floor to ceiling windows allow residents to enjoy panoramic views of the Atlantic Ocean and the bay.
The luxury condominium tower is located on the widest stretch of beach in Miami.
Of course, that means there are gorgeous ocean views.
A few of the amenities include an in-house spa, a fitness center with classes and a pool with a children's pool.
There's also a private residential beach club complete with cabana service.
The units feature terraces ranging from 4 feet to 37 feet.
These terraces are perfect for dining and relaxing outdoors.
The kitchens in the units are full equipped and feature custom designed flooring, countertops and cabinetry.
The bathrooms are custom designed with marble flooring and chrome rain showers.
The bathrooms also feature heated floors.
Check out the Hamptons house Blankfein bought last year...
Read more: http://www.businessinsider.com/photos-of-faena-miami-beach-2013-12?op=1#ixzz2n5Vg2HHp
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