‘Spoiled rich kid’ developer says he’s no devil, but cares

‘Spoiled rich kid’ developer says he’s no devil, but cares

At 33, the self-assured British-born Thanos Papalexis harbors no illusions about who he is.

Units he is buying for $350,000 to $600,000 will be reconfigured and resold for $1.5 million to $2 million, with an expansive penthouse being reserved for a buyer who truly believes cost is no object.

“We’re tying to create a signature building,” he said. “We don’t want it to be too glitzy like Miami. But it will be a very modern development.”