Posted June 20, 2014
When I hear the term “Multi–Dwelling Units,” I think of the not-so-awesome apartment I shared with three of my closest friends in my early years of college. Well, times have changed. Unlike my shabby college apartment building, today’s MDUs are high-end, luxurious and high-tech. As a matter of fact, Forbes recently noted that “super towers” are “the next big thing in luxury housing.” As land becomes less available in many popular and densely populated cities, like New York and Miami, luxury residences are headed skyward. Many property owners, developers and builders are looking to create exclusive condominium and private residence developments that can house many owners with a smaller footprint. These aren’t just condos. In order to appeal to luxury-minded buyers, developers are appealing to potential residents with private elevators, the best furnishings, elite concierge services, stunning views, and technological amenities.