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Lenny Kravitz to redesign Paramount Bay

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Musician Lenny Kravitz and his New York-based Kravitz Design have been hired to revamp the look and feel for downtown Miami condominium project Paramount Bay. ST Residential and iStar Financial (NYSE: SFI) hired Kravitz to work on several parts of the 47-story project, including the spa, fitness center, lobby, driveway area, pool terraces and green space.

HPCO Advisory negotiated the contract under the direction of Andrew B. Hellinger and Coralee G. Penabad. HPCO, an affiliate of Hellinger Penabad Cos., formerly known as Liberty Pointe Advisors, has been serving as the receiver for Paramount Bay. Kravitz Design's other projects include the Florida Room lounge at the Delano for Morgans Hotel Group (NasdaqGM: MHGC), and the two-story penthouse recording studio at The Setai Resort & Residences in South Beach.

MC² Realty gets an exclusive preview of the newly finished Paramount Baybuilding – May 1st, 2011

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Always one step ahead of the industry, MC² Realty's Marie-Charlotte Piro shares the very first photos and videos of the Penthouse of Paramount Bay. The building looks absolutely fabulous and Architectonica's ample and open floor plans are just perfect. The balconies are so deep, you can litterally roller blade on them. And the views are to die for. We are also told that the pricing is going to be un-be-lie-va-ble. Contact us today for more details!