Faena House sold for $10 million Arnstein & Lehr Charles Brecker Attorney Shines Light on Overcoming Condo Doc Challenges GlobeSt.com: Can you give us examples of some of the buyers' demands that forced developers to amend their condo or HOA documents? Brecker: A buyer in one luxury project was rather concerned with a prospective owner carelessly “dropping cigarette butts.” This was a rather wealthy buyer, acquiring a $5 million condo, but insistent that no owner or guest of a unit located above his outdoor terrace would be able to drop cigarette butts that land within his terrace. GlobeSt.com: What are some of the typical concerns that wealthy buyers have when looking at buying a multi-million condo? Brecker:NOT FOR REPRINT
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