The Real Deal Miami

Custom kitchens, other amenities condo buyers don’t need: Vanessa Grout

October 16, 2013 01:00PM

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Vanessa Grout and a concierge

The term “luxury” can be deceiving, especially when it comes to condominium amenities, former Douglas Elliman Florida CEO Vanessa Grout wrote in a Forbes article.

The Miami native, who now works at New York-based investment firm Vector Group, offered nine amenities that condo buyers should stay far, far away from. They are custom kitchens, outdoor space, finishes and fixtures, space-age materials, audio video systems, prodigy developers, the doorman, tax schemes, and superfluous niceties such as “champagne toasting chambers” and mini-golf greens.

Regarding developers, Grout said a developer who does not specialize in building high-end will likely not make the condo truly luxury. If he or she is a rookie, they should offer you a discount, not demand a premium,” she said.

“We must look for those qualities that time doesn’t change: location, unobstructed views and light, architectural uniqueness, ceiling heights and sheer square footage,” she wrote. “And shrug at the stuff that doesn’t matter.” [Forbes]Mark Maurer

  • Paul

    Time does not change views Vanessa, other developers do. No condo owner has “a right to vue”, luxury or not. What happens when developer buys the lot in next to the condo you just bought on Biscayne Boulevard in Miami?

    Paul

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