Furniture exec moves into condo at Eighty Seven Park for $7M

Miami /
Jan.January 22, 2020 05:30 PM
Franco Bianchi and Eighty Seven Park  

Franco Bianchi and Eighty Seven Park

One thing is certain: This buyer shouldn’t have any trouble furnishing his condo at Eighty Seven Park.

Franco Bianchi, CEO of the Holland, Michigan-based furniture manufacturer Haworth, and his wife, Alessandra, purchased unit 504 at the condo tower in North Beach for $6.8 million, records show.

Haworth primarily focuses on commercial office interiors and has over $1.8 billion in global sales, according to its website.

Eighty Seven Park, a 66-unit, 18-story oceanfront tower at 8701 Collins Avenue in Miami Beach, was completed in November. The luxury condo building was designed by architect Renzo Piano and developed by Terra, Bizzi & Partners, New Valley and Pacific Eagle.

Last week, Robin van Meeuwen, the CEO of Technological Innovations Group, a Belgian-based IT company, also bought a unit for $6.12 million.

The first buyers at the condo development include Jonathan Newhouse, chairman of the Condé Nast board and former CEO of Condé Nast International; as well as Pierre Pomerleau, president and CEO of Pomerleau, one of Canada’s largest construction companies. In December, tennis star Novak Djokovic closed on a unit at Eighty Seven Park for $5.77 million.

Douglas Elliman is handling sales and marketing of Eighty Seven Park.

The building features an underground parking garage, a gym and spa, wine bar, and two pools. Rena Dumas Architecture Intérieure and WEST 8 Urban Design & Landscape Architecture also worked on the project’s design.

It was developed on the site of the former Howard Johnson Dezerland Hotel, originally known as the Biltmore Terrace.


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