Leslie Edelman Buys Estates at Acqualina Rental for M

Leslie Edelman Buys Estates at Acqualina Rental for $21M


From left: Kimber’s Leslie Edelman and developer Jules Trump alongside with a rendering of the Estates at Acqualina (Getty, Trump Group, Facebook/Usa Shooting)

The owner of substantial-conclude gun maker Kimber, regarded for its 1911 pistols, purchased a apartment at Estates at Acqualina in Sunny Isles Seaside for $21.3 million.

Leslie Edelman bought device TS3407 in the south tower of the condominium undertaking at 17901 Collins Avenue from the developer, records demonstrate. Edelman owns Troy, Ala.-dependent gun producer Kimber. The company’s web-site lists the Los Angeles Law enforcement Department’s SWAT team, the U.S.A. Taking pictures staff, and U.S. Marines as buyers.

The $1.8 billion Estates at Acqualina is the Trump Group’s 3rd progress in Sunny Isles Seashore. The Trump Group, led by Jules Trump, is not affiliated with previous president Donald Trump.

The two-tower undertaking incorporates the completed 49-story, 154-unit south tower, and a 50-tale north tower that remains beneath building. Costs for units in the progress commence at $4.2 million, and go as large as the $85 million inquiring selling price for a a few-story device the co-founder of European Wax Centre shown last month.

Features for Estates at Acqualina will be housed in a 45,000-sq.-foot villa, finish with an ice skating rink, a movie theater, a Formula One particular simulator, and a bowling alley. Karl Lagerfeld made the lobbies for both of those towers, and the luxe Greek cafe Avra just opened its to start with Florida place in the growth.

Estates at Acqualina’s south tower lobby designed by the late Karl Lagerfeld (Source: Estates at Acqualina)

Estates at Acqualina’s south tower lobby intended by the late Karl Lagerfeld (Resource: Estates at Acqualina)

Aside from the waxing mogul, significant title buyers in the growth incorporate LeBron James, who dropped $9 million for a condominium in Oct. Chuck Khubani, who made his fortune marketing “As Found on TV” goods, acquired his 2nd unit for $7.3 million past month. That exact thirty day period, an heir to a Mexican pharmaceutical fortune purchased a device for $10.1 million.

It is been a litigious yr for the companies building and producing Estates at Acqualina. Trump Group and its basic contractor, Suffolk Building, have sued every single other back-and-forth over delays in delivering the job. Suffolk re-opened its go well with in October, and Trump Group returned in kind, relaunching its grievance last month. The two firms to begin with settled in May perhaps.



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