Sales Launch for Bay Harbor Towers

Renowned developers Ari Pearl and Jonathan Leifer have officially launched the sales phase for their anticipated luxury condominium project, Bay Harbor Towers, situated in the picturesque Bay Harbor Islands.

PPG Development, under the leadership of Pearl and based in Hallandale Beach, in conjunction with Leifer's L3C Capital from New York, are collaborating to bring to life this eight-story, 44-unit residential marvel located at 10143 East Bay Harbor Drive. The condominiums, ranging from 1,900 to 5,000 square feet with prices starting at an impressive $1.9 million for two to four-bedroom residences. Pricing for penthouses have yet to be revealed.

The architectural genius of Kobi Karp, coupled with the interior design finesse of Steven G from Pompano Beach, ensures that Bay Harbor Towers will be a paragon of luxury. Residents will have access to a suite of premium amenities, including both indoor and outdoor swimming pools, thermal wellness experiences with hot and cold plunges, a state-of-the-art fitness center, and full-service spa facilities. An exclusive touch is the addition of private pools for six of the residences. Moreover, the development boasts a 13-slip private marina, elevating the standard of waterfront living.

Pearl anticipates a diverse clientele comprising Northeastern Americans, Europeans, and South Americans, many of whom are in the market for a secondary or tertiary residence. The strategic partnership with Fortune Development Sales is a calculated move to tap into their extensive international network, particularly in the South American market.

The inception of this joint venture was marked by the acquisition and subsequent demolition of a historical structure on the premises, paving the way for this new development. The original Bay Harbor Towers, a 1956 Art-Deco edifice, was sold following the tragic Surfside condo collapse in 2021.

Bay Harbor Towers is set to be a crown jewel among the burgeoning residential developments on Bay Harbor Islands, an area that has recently captured the attention of developers. Pearl, however, cautions that the current lending climate could pose challenges for competing projects.

With secured construction financing, Pearl confidently asserts that Bay Harbor Towers will come to fruition in early 2026.