New York City is home to over 70 of the world’s billionaires, but when they want to get away to decompress, many shed their suit and tie for a guayabera, white slacks and boat shoes and head to South Florida for the white sand beaches, fine dining, yachting and golfing. Some have been heading to Sunny Isles, Florida where, according to the developer, over 20 billionaires have purchased a home at Porsche Design Tower.

New owners at the Porsche building were the first in North America to be able to take their cars up an elevator to their personal sky garage, including the $USD 32.5 million penthouse. Three patented Dezervators, a glass drive-in elevator rising at 600-feet per minute, will enable residents to keep an eye on their Ferraris, Porsches and Rolls Royces while sitting in their living rooms reading the Wall Street Journal and checking out the Atlantic Ocean views.

The 60th-floor Porsche penthouse comes with a huge living and dining area, state-of-the-art kitchen, family room and four ensuite bedrooms with a total of seven baths, floor-to-ceiling glass walls, 20-foot ceilings and a private people elevator. The outdoor living areas are equally impressive with a private terrace pool and roof pool, two balconies and two summer kitchens. It has two sky garages and a separate 3,000-square-foot car gallery. The gallery can be customized by the owner for fewer cars to substitute a game room or extra living space.

Building amenities include a three-story lobby with glass car elevator observatory, movie theater, game room, oceanside restaurant with indoor/outdoor dining, private wine lockers, oceanside bar and lounge with fireplace and large-screen TVs, oceanfront pool with food and beverage service, Intracoastal Waterway sunset deck, virtual golf simulator, virtual car-race game, ballroom with bar and catering kitchen, oceanfront gym and yoga room, spa, sauna, steam rooms, hair salon and a car concierge available to give the luxury cars a wash and maintenance.

Having broken ground in 2014, the tower is now sold out.

The penthouse is priced at $32.5 million; other units when remaining were listed for sale starting at $6.2 million. Porsche is located in Sunny Isles – a ritzy part of the Atlantic Ocean stretch of Miami Beach to Fort Lauderdale condos. The developer is Dezer Development in Sunny Isles Beach, Florida.

In Other Real Estate News- “San Francisco Clock Tower Penthouse”.  Few can say that they start off their dinner parties with cocktails inside a century old clock. That is to say, no one except the new owners of this historic three-level landmark loft apartment gleaned from the clock tower of a factory in San Francisco’s South of Market neighborhood that was converted into live-work spaces in 1992 by architect David Baker.

The historic clock tower was constructed in 1907 and the large building complex that supported it became the West Coast’s largest printing company by 1921. The owner of the business, Max Schmidt, decided to construct a penthouse level in the clock tower where natural light poured in from all four sides of the clock faces so that his lithographers would find it easier to work. In 1930, the plan for the new Bay Bridge was solidified, which would require tearing down a portion of the printing buildings, including the clock tower. Schmidt would have none of that and used his clout, threatening to move his business to the other side of the bay. The city, unwilling to lose one of their largest businesses, gave in and agreed to take the highway around Schmidt’s complex and the tower was saved. In 1992, the old factory was repurposed into 127 contemporary live/work lofts and offices. Commuters have come to depend on the clock as they travel to and from work each day.

Now for the first time in almost a quarter of a century, the penthouse is for sale. The sleek contemporary condo with spectacular city views measures in at a spacious 3,000 square feet of living space, including a room inside the clock itself and has large wrap-around terraces providing outdoor space for lounging and entertaining. The two-bedroom, two-bath residence has been designed to optimize the loft’s spaciousness with an expansive living-dining room divided by a double-sided glass fireplace with French doors opening to the terrace. Original brick walls, hardwood and polished concrete floors and built-in bookcases following the lines of the beams are highlights of the structure. Included are a gourmet kitchen with top-end appliances and space for a table, office, game room, library, large master suite and the clock room.

San Francisco’s historic registered Landmark Clock Tower four-story penthouse loft apartment with conversation piece furnished room inside the clock is listed at $8.5 million.

Visit TopTenRealEstateDeals.com for more celebrity homes and real estate news. For the Silo, Terry Walsh.