ATLANTA: Condo Fever
Need more proof that the luxury condo boom isn't just for New York or Miami? Atlanta's getting a piece of that action, with three upmarket condos at the Residences at Mandarin Oriental in Buckhead selling recently for a combined price of $6.3M. The first unit closed in January, two others in March, and two more are under contract. Dorsey Alston Realtors' Karen Rodriguez, who's leading the sales effort, tells us that buyers are coming from all over. One buyer lives in Hong Kong full-time and was drawn to property because of its Buckhead location and modern interiors. (Thankfully, that buyer wasn't deterred by episodes of the Real Housewives of Atlanta being one of our few global faces.) American buyers have ties to Atlanta or have previously lived there, she says.