Ulmer’s mantra key to his rise, ruin Playing the dual roles of preacher and friend, John Ulmer unlocked the secrets of his lucrative housing empire at a Florida real estate “boot camp.” “It’s not voodoo,” he said. With dozens of eager would-be developers hanging on each folksy catchphrase, the college football player, now paunchy and …
Category Archives: General
Apartment-to-condo conversions move at frenzied pace
Apartment-to-condo conversions move at frenzied pace [Central Florida] The conversions are making money for some but squeezing low-income renters. Carlos Balzola is a condo converter. He came here in late 2004, fleeing Miami’s overheated condo-conversion market because “it was crazy.” He scouted Naples, Tampa and Orlando before deciding that Central Florida offered him the greatest …
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Empty Nesters Find 2nd Perch in New York
Empty Nesters Find 2nd Perch in New York Once a pied-à-terre had a whiff of rarefied wealth, suggestive of an apartment kept by a well-traveled European baron, a Hollywood star or even a Greenwich, Conn., mogul who might use it to stash such amenities as a mistress. But while second homes have always represented a …
Homes, homes on the range
Homes, homes on the range [Central Florida] In this sprawling county of nearly 1 million acres, recent sales of ranches and groves show up as specks on a map. But combined, they represent Central Florida’s next hot spot for growth. The more than 50,000 acres sold in Osceola County for potential development since 2000 are …
Selling the Air Above
Selling the Air Above – New York Times On an island where there is often nowhere to build but up, the air in Manhattan can get pretty pricey. Air-rights deals, or the sale of unused development rights from one property owner to another, are generally considered the business of big-time developers. But in cheek-by-jowl Manhattan, …
Metcalf tower in Orlando is for sale [Central Florida]
Metcalf tower in Orlando is for sale [Central Florida] One of downtown Orlando’s earliest “skyscrapers” — the 10-story Metcalf Building — is on the sales block for $12 million. The owners are developer Cameron Kuhn and the four shareholders of the Alvarez, Sambol, Winthrop & Madson law firm, who bought the property at 100 S. …
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