96 Percent Of Units At SLS Lux Are Now In Contract

About 96 percent of units at SLS Lux are now in contract, Related Group president Carlos Rosso told The Real Deal last week.

Of the 535 units being built in the 57-story tower, just 24 units remain. That compares favorably to sales across the street at Brickell City Centre, which was 57 percent sold as of August, and Brickell Flatiron, which the developer says is 50 percent in contract.

Related has lowered the deposit requirements on the remaining 24 units at SLS Lux to 30 percent. Rosso said that “It’s so we can dismantle the sales center in the back and finish construction.”