Great Gulf hits brakes on Mandarin Oriental West Palm condo pre-sales amid branded-resi frenzy

South Florida’s branded condo boom just hit a speed bump: Mandarin Oriental Residences, West Palm Beach, has paused pre-sales.  Toronto-based Great Gulf tabled unit sales for its 31-story, 87-unit Mandarin Oriental planned at 5400 North Flagler Drive, a delay that will cost the bayfront project the prime winter buying season, the Palm Beach Post reported, citing the sales official. The brokerage still is doing unit presentations, though not working on a major pre-sales push.  The delay came after Great Gulf opted against building a sales gallery on the site, which would then have to be demolished and slow down move-ins. […]

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