The Real Deal Miami

Son of Salmar Properties founder buys penthouse at Auberge Beach

Deal marks one of the highest sales at Fort Lauderdale development
By Keith Larsen | September 28, 2018 05:30PM

Auberge Beach Residences & Spa

The son of Salmar Properties founder Sal Rusi just paid $9.3 million for a penthouse unit at Auberge Beach Residences & Spa in Fort Lauderdale.

The deal marks one of the highest sales at the two-tower project at 2200 North Ocean Boulevard, which was developed by the Related Group, Fortune International Group and the Fort Lauderdale-based Fairwinds Group. It topped off earlier this year.

The development entity, PRH Fairwinds LLC, sold the condo to Selim Rusi, property records show.

Selim’s father, is CEO of the New York-based Salmar Properties, which owns a 1.1 million-square-foot manufacturing complex called the Liberty View Industrial Plaza in Brooklyn. Selim also owns a mansion in Staten Island called the “White House” that was formerly occupied by mob boss Paul Castellano, according to the New York Post.

Auberge’s north tower is sold out, while the south tower has sold at least 80 percent of the units, according to a spokesperson for Related. Buyers have already started moving into the 17-story north tower, while 23-story south tower is expected to be completed later this year.

Construction for the project began in 2015. It also includes a full-service salon, a plunge pool, and indoor and outdoor cabanas. A farm-to-table restaurant is planned to open later this year. Former Miami Dolphins quarterback Dan Marino and the Winnipeg Jets’ Jacob Trouba have purchased units at Auberge.

A penthouse unit in the south tower sold for $8.9 million in 2016, which was the highest price ever paid for a condo in Fort Lauderdale.