Dubai penthouse to fetch $30mn

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by moneyMaker June 24, 2008 - 5:20
Trump Tower in Dubai

There are only two penthouses available in the tower, with the rest of the residences made up of one to four bedroom units, ranging from from 890 to 7,500 square feet.

Apartments in the iconic hotel and residences have already reached record highs – topped only by the Burj Dubai - with pre-sales for some units fetching as much as $3,000 per square foot, with an average price of $2,450.

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by moneyMaker June 23, 2008 - 8:40
Skyscraper

A local developer took the first step yesterday toward building the tallest skyscraper in America when City Councilman Darrell Clarke introduced legislation for zoning changes needed at the 18th and Arch streets location.

Clarke's action came on the same week that Mayor Nutter laid out his goal to restore to the City Planning Commission the power to shape such developments. The councilman and the mayor agree the commission should run the show on the proposed skyscraper, which Walnut Street Capital has named the "American Commerce Center."

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